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WLKP Westlake Chemical Partners LP
- Stocks
- Basic Materials
- NYSE: WLKP
Price (delayed)
$22.74
Market cap
$801.32M
P/E Ratio
15.36
Dividend/share
$1.89
EPS
$1.48
Enterprise value
$1.15B
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 declined by 8% since the previous quarter but it has increased by 4% year-on-year
The quick ratio has dropped by 73% year-on-year and by 68% since the previous quarter
WLKP's price to earnings (P/E) is 22% more than its 5-year quarterly average of 12.6 and 11% more than its last 4 quarters average of 13.9
Key stats
What are the main financial stats of WLKP
Market
Valuations
Earnings
Shares outstanding
35.24M
Market cap
$801.32M
Enterprise value
$1.15B
Price to earnings (P/E)
15.36
Price to book (P/B)
3.03
Price to sales (P/S)
0.74
EV/EBIT
14.78
EV/EBITDA
6.1
EV/Sales
1.06
Revenue
$1.09B
Gross profit
$370.84M
Operating income
$341.95M
Net income
$52.51M
EBIT
$77.9M
EBITDA
$188.87M
Free cash flow
$371.06M
Per share
Balance sheet
Liquidity
EPS
$1.48
EPS diluted
$1.48
Free cash flow per share
$10.53
Book value per share
$7.51
Revenue per share
$30.9
TBVPS
$38.75
Total assets
$1.37B
Total liabilities
$568.25M
Debt
$399.67M
Equity
$264.47M
Working capital
$60.33M
Debt to equity
1.51
Current ratio
1.37
Quick ratio
1.35
Net debt/EBITDA
1.85
Margins
Efficiency
Dividend
EBITDA margin
17.3%
Gross margin
34.1%
Net margin
4.8%
Operating margin
31.4%
Return on assets
4%
Return on equity
19.2%
Return on invested capital
5%
Return on capital employed
6.5%
Return on sales
7.2%
Dividend yield
8.29%
DPS
$1.89
Payout ratio
127.4%
WLKP stock price
How has the Westlake Chemical Partners stock price performed over time
Intraday
0.13%
1 week
-1.43%
1 month
-1%
1 year
2.29%
YTD
-1.73%
QTD
-1.52%
Financial performance
How have Westlake Chemical Partners's revenue and profit performed over time
Revenue
$1.09B
Gross profit
$370.84M
Operating income
$341.95M
Net income
$52.51M
Gross margin
34.1%
Net margin
4.8%
The net income has declined by 16% since the previous quarter and by 3.2% year-on-year
WLKP's net margin is down by 13% since the previous quarter but it is up by 4.3% year-on-year
Westlake Chemical Partners's operating income has decreased by 12% QoQ and by 3.6% YoY
The gross profit has declined by 11% since the previous quarter and by 3.3% year-on-year
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
15.36
P/B
3.03
P/S
0.74
EV/EBIT
14.78
EV/EBITDA
6.1
EV/Sales
1.06
WLKP's price to earnings (P/E) is 22% more than its 5-year quarterly average of 12.6 and 11% more than its last 4 quarters average of 13.9
WLKP's EPS is down by 16% QoQ and by 3.3% YoY
The company's equity fell by 4.9% YoY and by 4.2% QoQ
WLKP's price to book (P/B) is 4.5% higher than its 5-year quarterly average of 2.9 and 4.5% higher than its last 4 quarters average of 2.9
Westlake Chemical Partners's revenue has decreased by 7% YoY and by 4.1% from the previous quarter
WLKP's price to sales (P/S) is 6% higher than its 5-year quarterly average of 0.7 and 6% higher than its last 4 quarters average of 0.7
Efficiency
How efficient is Westlake Chemical Partners business performance
Westlake Chemical Partners's return on assets has decreased by 17% QoQ and by 2.4% YoY
Westlake Chemical Partners's ROE has decreased by 15% from the previous quarter
The return on invested capital has declined by 11% since the previous quarter
WLKP's ROS is down by 8% QoQ but it is up by 4.3% YoY
Dividends
What is WLKP's dividend history
DPS
$1.89
Dividend yield
8.29%
Payout ratio
127.4%
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 141% higher than its total liabilities
The company's current ratio has shrunk by 74% YoY and by 69% QoQ
The quick ratio has dropped by 73% year-on-year and by 68% since the previous quarter
WLKP's debt is 51% greater than its equity
The company's debt to equity rose by 4.9% YoY and by 4.1% QoQ
The company's equity fell by 4.9% YoY and by 4.2% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.