12 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $1.2B | $49M | 29.8% | 27.4% | $202M | — | $44M |
| 2024 | $1.1B | $62M | 36.9% | 34.4% | $436M | — | $58M |
| 2023 | $1.2B | $54M | 32.5% | 30.0% | $405M | — | $59M |
| 2022 | $1.6B | $64M | 23.7% | 21.8% | $410M | — | $65M |
| 2021 | $1.2B | $83M | 36.4% | 33.8% | $327M | — | $17M |
| 2020 | $967M | $66M | 39.2% | 36.5% | $336M | — | $17M |
| 2019 | $1.1B | $61M | 34.8% | 32.1% | $407M | — | $20M |
| 2018 | $1.3B | $49M | 29.3% | 27.2% | $396M | — | $20M |
| 2017 | $1.2B | $49M | 34.4% | 31.9% | $468M | — | $27M |
| 2016 | $987M | $41M | 39.7% | 37.1% | -$12M | — | $89M |
| 2015 | — | $40M | — | — | $221M | — | $170M |
| 2014 | — | $14M | — | — | $401M | — | $134M |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $306M | $14M | 30.7% | 28.3% | $105M | — | $44M |
| Dec '25 | $323M | $15M | 30.0% | 27.8% | $112M | — | $44M |
| Sep '25 | $309M | $15M | 32.2% | 29.8% | $76M | — | $38M |
| Jun '25 | $297M | $15M | 32.8% | 30.7% | -$15M | — | $37M |
| Mar '25 | $238M | $5M | 22.8% | 19.6% | $30M | — | $50M |
| Dec '24 | $290M | $15M | 34.0% | 31.7% | $119M | — | $58M |
| Sep '24 | $277M | $18M | 42.2% | 39.6% | $111M | — | $60M |
| Jun '24 | $284M | $14M | 35.6% | 32.9% | $112M | — | $66M |
| Mar '24 | $285M | $15M | 35.9% | 33.4% | $95M | — | $56M |
| Dec '23 | $297M | $14M | 33.9% | 31.2% | $95M | — | $59M |
| Sep '23 | $322M | $13M | 28.9% | 26.8% | $84M | — | $66M |
| Jun '23 | $264M | $12M | 33.2% | 30.5% | $94M | — | $59M |
| Mar '23 | $308M | $15M | 34.5% | 31.9% | $132M | — | $105M |
| Dec '22 | $367M | $17M | 26.8% | 26.0% | $114M | — | $65M |
| Sep '22 | $415M | $15M | 21.8% | 19.7% | $102M | — | $19M |
| Jun '22 | $449M | $16M | 21.7% | 19.5% | $109M | $400M | $18M |
| Mar '22 | $362M | $16M | 25.2% | 23.0% | $84M | $400M | $19M |
| Dec '21 | $330M | $30M | 44.5% | 42.6% | -$21M | — | $17M |
| Sep '21 | $294M | $13M | 25.8% | 23.2% | $88M | — | $19M |
| Jun '21 | $322M | $25M | 40.7% | 38.1% | $117M | — | $18M |
How the market has priced WLKP against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Westlake Chemical Partners LP's revenue has grown 3.8% per year, and net income declined 5.9% per year. These are computed facts, not advice.
As of FY2025, Westlake Chemical Partners LP reported — of total debt against $44M of cash; operating income covered interest expense 14×.
In FY2025, gross margin was 29.8%, operating margin 27.4%, and net margin 4.2%.
As of Jun '26, Westlake Chemical Partners LP traded at a price-to-earnings ratio of about 16.4× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.