Westlake Chemical Partners LP (WLKP)

WLKP Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,102	1,136	1,191	1,593	1,215	966.67
Revenue Growth (YoY)	-7.24%	-4.61%	-25.25%	31.14%	25.67%	-11.47%
Cost of Revenue	734.66	716.96	803.33	1,216	773.15	587.79
Gross Profit	367.14	418.94	387.46	377.37	441.71	378.88
Selling, General & Admin	27.59	28.5	29.75	29.68	31.02	25.9
Operating Expenses	27.59	28.5	29.75	29.68	31.02	25.9
Operating Income	339.55	390.44	357.71	347.69	410.69	352.99
Interest Expense	-23.91	-25.7	-26.5	-13.41	-8.82	-12.04
Other Non Operating Income (Expenses)	4.68	5.25	4.23	1.57	0.06	0.73
Pretax Income	320.32	369.99	335.44	335.85	401.93	341.68
Income Tax Expense	0.73	0.84	0.81	1.02	0.55	0.56
Earnings From Continuing Operations	319.59	369.16	334.63	334.83	401.39	341.12
Minority Interest in Earnings	-266.95	-306.77	-280.34	-270.66	-318.84	-274.95
Net Income	52.64	62.39	54.28	64.17	82.55	66.17
Net Income to Common	52.64	62.39	54.28	64.17	82.55	66.17
Net Income Growth	-7.27%	14.94%	-15.41%	-22.26%	24.76%	8.50%
Shares Outstanding (Basic)	35	35	35	35	35	35
Shares Outstanding (Diluted)	35	35	35	35	35	35
Shares Change (YoY)	0.03%	0.02%	0.02%	0.03%	0.03%	2.05%
EPS (Basic)	1.49	1.77	1.54	1.82	2.34	1.88
EPS (Diluted)	1.49	1.77	1.54	1.82	2.34	1.88
EPS Growth	-7.30%	14.91%	-15.43%	-22.28%	24.72%	6.32%
Free Cash Flow	244.04	436.03	405.18	409.62	327.27	336.43
Free Cash Flow Per Share	6.92	12.38	11.50	11.63	9.30	9.56
Dividend Per Share	1.886	1.886	1.886	1.886	1.886	1.886
Dividend Growth	-	-	-	-	-	2.53%
Gross Margin	33.32%	36.88%	32.54%	23.69%	36.36%	39.20%
Operating Margin	30.82%	34.37%	30.04%	21.82%	33.80%	36.52%
Profit Margin	4.78%	5.49%	4.56%	4.03%	6.79%	6.84%
Free Cash Flow Margin	22.15%	38.39%	34.03%	25.71%	26.94%	34.80%
EBITDA	454.7	502.34	467.91	468.76	519.5	456.14
EBITDA Margin	41.27%	44.22%	39.29%	29.42%	42.76%	47.19%
D&A For EBITDA	115.14	111.9	110.2	121.07	108.81	103.15
EBIT	339.55	390.44	357.71	347.69	410.69	352.99
EBIT Margin	30.82%	34.37%	30.04%	21.82%	33.80%	36.52%
Effective Tax Rate	0.23%	0.23%	0.24%	0.30%	0.14%	0.17%
Revenue as Reported	1,102	1,136	1,191	1,593	1,215	966.67

Updated Aug 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q