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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›WLKP›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Westlake Chemical Partners LP (WLKP) financials

Income statement

Westlake Chemical Partners LP (WLKP) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$987M$1.17B$1.29B$1.09B$967M$1.21B$1.59B$1.19B$1.14B$1.17B
Revenue growth—18.9%9.6%-15.1%-11.5%25.7%31.1%-25.3%-4.6%2.7%
Gross profit$391M$404M$377M$379M$379M$442M$377M$387M$419M$348M
Gross margin39.7%34.4%29.3%34.8%39.2%36.4%23.7%32.5%36.9%29.8%
Operating income$366M$374M$350M$350M$353M$411M$348M$358M$390M$320M
Operating margin37.1%31.9%27.2%32.1%36.5%33.8%21.8%30.0%34.4%27.4%
Net income$40.9M$48.7M$49.3M$61.0M$66.2M$82.5M$64.2M$54.3M$62.4M$48.7M
Net margin4.1%4.1%3.8%5.6%6.8%6.8%4.0%4.6%5.5%4.2%

Cash flow

Westlake Chemical Partners LP (WLKP) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$288M$537M$436M$451M$373M$408M$464M$452M$485M$280M
Capital expenditures$300M$68.9M$39.9M$43.7M$37.0M$81.2M$54.1M$46.8M$49.0M$78.8M
Free cash flow-$11.9M$468M$396M$407M$336M$327M$410M$405M$436M$202M

Balance sheet

Westlake Chemical Partners LP (WLKP) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$88.9M$27.0M$19.7M$19.9M$17.2M$17.1M$64.8M$58.6M$58.3M$44.3M
Total assets$1.56B$1.52B$1.46B$1.39B$1.36B$1.48B$1.37B$1.32B$1.29B$1.26B
Total liabilities$634M$517M$528M$441M$441M$508M$468M$461M$459M$454M

Every figure is extracted from Westlake Chemical Partners LP’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Westlake Chemical Partners LP's annual revenue?
Westlake Chemical Partners LP (WLKP) reported $1.17B of revenue for fiscal year 2025 — up 2.7% from $1.14B in FY2024, per its annual report filed with the SEC.
Is Westlake Chemical Partners LP profitable?
Yes — WLKP earned $48.7M of net income in FY2025, a 4.2% net margin, per SEC filings.
What is Westlake Chemical Partners LP's free cash flow?
$202M in FY2025 (operating cash flow $280M minus $78.8M of capital expenditures), from the SEC cash-flow statement.
Does WLKP pay a dividend?
Westlake Chemical Partners LP reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full WLKP analysis — verdict, score & filings →Is WLKP a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.