WLKP Westlake Chemical Partners LP
Price (delayed)
$23.24
Market cap
$818.94M
P/E Ratio
13.13
Dividend/share
$1.89
EPS
$1.77
Enterprise value
$1.16B
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
WLKP's EPS is up by 15% YoY
The net income rose by 15% year-on-year
The quick ratio has increased by 9% year-on-year but it has declined by 4% since the previous quarter
WLKP's price to earnings (P/E) is 6% more than its 5-year quarterly average of 12.4 but 3.5% less than its last 4 quarters average of 13.6
Westlake Chemical Partners's revenue has decreased by 4.6% YoY
Key stats
What are the main financial stats of WLKP
Market
Valuations
Earnings
Shares outstanding
35.24M
Market cap
$818.94M
Enterprise value
$1.16B
Price to earnings (P/E)
13.13
Price to book (P/B)
2.97
Price to sales (P/S)
0.72
EV/EBIT
13.05
EV/EBITDA
5.78
EV/Sales
1.02
Revenue
$1.14B
Gross profit
$418.94M
Operating income
$390.44M
Net income
$62.39M
EBIT
$88.93M
EBITDA
$200.83M
Free cash flow
$436.03M
Per share
Balance sheet
Liquidity
EPS
$1.77
EPS diluted
$1.77
Free cash flow per share
$12.38
Book value per share
$7.84
Revenue per share
$32.24
TBVPS
$36.39
Total assets
$1.29B
Total liabilities
$458.64M
Debt
$399.67M
Equity
$276.13M
Working capital
$185.55M
Debt to equity
1.45
Current ratio
4.35
Quick ratio
4.27
Net debt/EBITDA
1.7
Margins
Efficiency
Dividend
EBITDA margin
17.7%
Gross margin
36.9%
Net margin
5.5%
Operating margin
34.4%
Return on assets
4.8%
Return on equity
22.5%
Return on invested capital
5.6%
Return on capital employed
7.2%
Return on sales
7.8%
Dividend yield
8.12%
DPS
$1.89
Payout ratio
106.6%
WLKP stock price
How has the Westlake Chemical Partners stock price performed over time
Intraday
0.65%
1 week
0.69%
1 month
-3.17%
1 year
4.54%
YTD
0.43%
QTD
0.65%
Financial performance
How have Westlake Chemical Partners's revenue and profit performed over time
Revenue
$1.14B
Gross profit
$418.94M
Operating income
$390.44M
Net income
$62.39M
Gross margin
36.9%
Net margin
5.5%
WLKP's net margin is up by 20% year-on-year
Westlake Chemical Partners's operating margin has increased by 15% YoY
The net income rose by 15% year-on-year
The gross margin has increased by 14% year-on-year
Growth
What is Westlake Chemical Partners's growth rate over time
Valuation
What is Westlake Chemical Partners stock price valuation
P/E
13.13
P/B
2.97
P/S
0.72
EV/EBIT
13.05
EV/EBITDA
5.78
EV/Sales
1.02
WLKP's EPS is up by 15% YoY
WLKP's price to earnings (P/E) is 6% more than its 5-year quarterly average of 12.4 but 3.5% less than its last 4 quarters average of 13.6
WLKP's price to book (P/B) is 2.4% higher than its 5-year quarterly average of 2.9 and 2.4% higher than its last 4 quarters average of 2.9
Westlake Chemical Partners's revenue has decreased by 4.6% YoY
WLKP's price to sales (P/S) is 2.9% higher than its 5-year quarterly average of 0.7 and 2.9% higher than its last 4 quarters average of 0.7
Efficiency
How efficient is Westlake Chemical Partners business performance
Westlake Chemical Partners's ROE has increased by 18% YoY
Westlake Chemical Partners's return on assets has increased by 17% YoY
WLKP's ROS is up by 13% YoY
The return on invested capital has increased by 10% year-on-year
Dividends
What is WLKP's dividend history
DPS
$1.89
Dividend yield
8.12%
Payout ratio
106.6%
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 181% higher than its total liabilities
The quick ratio has increased by 9% year-on-year but it has declined by 4% since the previous quarter
The company's current ratio rose by 8% YoY but it fell by 4% QoQ
WLKP's debt is 45% greater than its equity
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.