WLKP Westlake Chemical Partners LP

Price (delayed)

$21.7

Market cap

$764.84M

P/E Ratio

13.31

Dividend/share

$1.89

EPS

$1.63

Enterprise value

$1.12B

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Relative Growth: Rel. Growth: 33
Relative Strength: Rel. Strength: 37
Relative Valuation: Rel. Valuation: 89
Relative Profitability: Rel. Profitability: 66

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

Highlights
Westlake Chemical Partners's revenue has increased by 12% YoY
WLKP's EPS is up by 10% YoY
The quick ratio has surged by 60% year-on-year but it has declined by 6% since the previous quarter
The gross margin has declined by 6% year-on-year
The company's equity fell by 3.3% YoY

Key stats

What are the main financial stats of WLKP

WLKP stock price

How has the Westlake Chemical Partners stock price performed over time
Intraday
0.14%
1 week
0.18%
1 month
-1.54%
1 year
-1.05%
YTD
14.21%
QTD
-2.52%

Financial performance

How have Westlake Chemical Partners's revenue and profit performed over time
Revenue
$1.23B
Gross profit
$384.8M
Operating income
$355.62M
Net income
$57.6M
Gross margin
31.2%
Net margin
4.7%
Westlake Chemical Partners's revenue has increased by 12% YoY
The net income rose by 9% year-on-year
The gross margin has declined by 6% year-on-year
Westlake Chemical Partners's operating margin has decreased by 6% YoY

Price vs fundamentals

How does WLKP's price correlate with its fundamentals

Growth

What is Westlake Chemical Partners's growth rate over time

Valuation

What is Westlake Chemical Partners stock price valuation
P/E
13.31
P/B
3.01
P/S
0.62
EV/EBIT
13.97
EV/EBITDA
5.12
EV/Sales
0.9
WLKP's EPS is up by 10% YoY
WLKP's price to earnings (P/E) is 4.9% less than its last 4 quarters average of 14.0
WLKP's price to book (P/B) is 3.8% higher than its 5-year quarterly average of 2.9 and 3.8% higher than its last 4 quarters average of 2.9
The company's equity fell by 3.3% YoY
Westlake Chemical Partners's revenue has increased by 12% YoY
WLKP's price to sales (P/S) is 3.3% higher than its 5-year quarterly average of 0.6 and 3.3% higher than its last 4 quarters average of 0.6

Efficiency

How efficient is Westlake Chemical Partners business performance
Westlake Chemical Partners's return on assets has increased by 15% YoY
Westlake Chemical Partners's ROE has increased by 15% YoY
WLKP's ROS is down by 7% YoY
The return on invested capital has increased by 6% year-on-year

Dividends

What is WLKP's dividend history
DPS
$1.89
Dividend yield
8.69%
Payout ratio
115.7%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Westlake Chemical Partners financials performed over time
Westlake Chemical Partners's total assets is 172% higher than its total liabilities
The company's current ratio has surged by 60% YoY but it fell by 6% QoQ
The quick ratio has surged by 60% year-on-year but it has declined by 6% since the previous quarter
WLKP's debt is 58% greater than its equity
The company's debt to equity rose by 3.9% YoY
The company's equity fell by 3.3% YoY

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