WLKP Westlake Chemical Partners LP

  1. Stocks
  2. Basic Materials
  3. NYSE: WLKP

Price (delayed)

$21.74

Market cap

$765.86M

P/E Ratio

14.12

Dividend/share

$1.89

EPS

$1.54

Enterprise value

$1.11B

Westlake Chemical Partners is a limited partnership formed by Westlake Chemical Corporation to operate, acquire and develop ethylene production facilities and other qualified assets. Headquartered in Houston, the Partnership owns ...

Highlights
The gross margin has increased by 37% year-on-year and by 7% since the previous quarter
The quick ratio has increased by 31% since the previous quarter and by 9% year-on-year
Westlake Chemical Partners's revenue has decreased by 25% YoY and by 6% from the previous quarter
WLKP's price to earnings (P/E) is 15% more than its 5-year quarterly average of 12.3 and 6% more than its last 4 quarters average of 13.3
Sector: Basic Materials
Industry: Chemicals
Website: http://wlkpartners.com
Peers: GPRE AMTX IOSP VHI

Key stats

What are the main financial stats of WLKP
Market
Shares outstanding
35.23M
Market cap
$765.86M
Enterprise value
$1.11B
Valuations
Price to earnings (P/E)
14.12
Price to book (P/B)
2.74
Price to sales (P/S)
0.64
EV/EBIT
13.57
EV/EBITDA
5.77
EV/Sales
0.93
Earnings
Revenue
$1.19B
EBIT
$81.6M
EBITDA
$191.8M
Free cash flow
$405.18M
Per share
EPS
$1.54
Free cash flow per share
$11.5
Book value per share
$7.95
Revenue per share
$33.81
TBVPS
$37.22
Balance sheet
Total assets
$1.32B
Total liabilities
$460.59M
Debt
$399.67M
Equity
$279.93M
Working capital
$169.87M
Liquidity
Debt to equity
1.43
Current ratio
4.02
Quick ratio
3.93
Net debt/EBITDA
1.78
Margins
EBITDA margin
16.1%
Gross margin
32.5%
Net margin
4.6%
Operating margin
30%
Efficiency
Return on assets
4.1%
Return on equity
19.1%
Return on invested capital
5.1%
Return on capital employed
6.5%
Return on sales
6.9%
Dividend
Dividend yield
8.68%
DPS
$1.89
Payout ratio
122.5%

WLKP stock price

How has the Westlake Chemical Partners stock price performed over time
Intraday
-0.05%
1 week
-1.18%
1 month
-3.25%
1 year
-5.07%
YTD
0.42%
QTD
-2.07%

Financial performance

How have Westlake Chemical Partners's revenue and profit performed over time
Revenue
$1.19B
Gross profit
$387.46M
Operating income
$357.71M
Net income
$54.28M
Gross margin
32.5%
Net margin
4.6%
Westlake Chemical Partners's operating margin has increased by 38% YoY and by 4.9% from the previous quarter
The gross margin has increased by 37% year-on-year and by 7% since the previous quarter
Westlake Chemical Partners's revenue has decreased by 25% YoY and by 6% from the previous quarter
The net income has declined by 15% year-on-year and by 4.4% since the previous quarter

Growth

What is Westlake Chemical Partners's growth rate over time

Valuation

What is Westlake Chemical Partners stock price valuation
WLKP P/E details
P/E
14.12
P/B
2.74
P/S
0.64
EV/EBIT
13.57
EV/EBITDA
5.77
EV/Sales
0.93
WLKP's price to earnings (P/E) is 15% more than its 5-year quarterly average of 12.3 and 6% more than its last 4 quarters average of 13.3
WLKP's EPS is down by 15% YoY and by 3.8% QoQ
WLKP's price to book (P/B) is 6% lower than its 5-year quarterly average of 2.9
The company's equity fell by 4.1% YoY
Westlake Chemical Partners's revenue has decreased by 25% YoY and by 6% from the previous quarter
WLKP's price to sales (P/S) is 9% lower than its 5-year quarterly average of 0.7 but 7% higher than its last 4 quarters average of 0.6

Efficiency

How efficient is Westlake Chemical Partners business performance
WLKP's ROS is up by 41% YoY and by 6% QoQ
Westlake Chemical Partners's ROE has decreased by 13% YoY and by 3% from the previous quarter
Westlake Chemical Partners's return on assets has decreased by 9% YoY and by 2.4% QoQ
The return on invested capital has increased by 6% year-on-year

Dividends

What is WLKP's dividend history
Dividend details
DPS
$1.89
Dividend yield
8.68%
Payout ratio
122.5%
Recent dividends

Financial health

How did Westlake Chemical Partners financials performed over time
Westlake Chemical Partners's total assets is 186% higher than its total liabilities
The company's current ratio rose by 31% QoQ and by 10% YoY
The quick ratio has increased by 31% since the previous quarter and by 9% year-on-year
WLKP's debt is 43% greater than its equity
The company's debt to equity rose by 4.4% YoY
The company's equity fell by 4.1% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.