Westlake Chemical Partners LP (WLKP)

WLKP Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	1,168	1,191	1,593	1,215	966.67	1,092
Revenue Growth (YoY)	-24.09%	-25.26%	31.14%	25.67%	-11.47%	-15.07%
Cost of Revenue	784.22	803.33	1,216	773.15	587.79	712.44
Gross Profit	383.57	387.46	377.37	441.71	378.88	379.43
Selling, General & Admin	28.91	29.75	29.68	31.02	25.9	29.28
Operating Expenses	28.91	29.75	29.68	31.02	25.9	29.28
Operating Income	354.65	357.71	347.69	410.69	352.99	350.15
Interest Expense / Income	25.77	26.5	13.41	8.82	12.04	19.62
Other Expense / Income	273.85	276.11	269.09	318.78	274.22	268.82
Pretax Income	55.04	55.1	65.19	83.1	66.73	61.71
Income Tax	0.81	0.81	1.02	0.55	0.56	0.73
Net Income	54.22	54.28	64.17	82.55	66.17	60.98
Net Income Growth	-13.75%	-15.41%	-22.26%	24.76%	8.50%	23.58%
Shares Outstanding (Basic)	35	35	35	35	35	34
Shares Outstanding (Diluted)	35	35	35	35	35	34
Shares Change	0.02%	0.02%	0.03%	0.03%	2.05%	6.97%
EPS (Basic)	1.53	1.54	1.82	2.34	1.88	1.77
EPS (Diluted)	1.53	1.54	1.82	2.34	1.88	1.77
EPS Growth	-14.04%	-15.38%	-22.22%	24.47%	6.21%	17.22%
Free Cash Flow	367.77	405.18	409.62	327.27	336.43	407.1
Free Cash Flow Per Share	10.44	11.50	11.63	9.30	9.56	11.80
Dividend Per Share	1.886	1.886	1.886	1.886	1.886	1.800
Dividend Growth	0%	0%	0%	0%	4.78%	11.52%
Gross Margin	32.85%	32.54%	23.69%	36.36%	39.19%	34.75%
Operating Margin	30.37%	30.04%	21.82%	33.81%	36.52%	32.07%
Profit Margin	4.64%	4.56%	4.03%	6.79%	6.84%	5.59%
Free Cash Flow Margin	31.49%	34.03%	25.71%	26.94%	34.80%	37.28%
Effective Tax Rate	1.47%	1.48%	1.56%	0.66%	0.85%	1.18%
EBITDA	192.36	191.8	199.67	200.73	181.92	188.65
EBITDA Margin	16.47%	16.11%	12.53%	16.52%	18.82%	17.28%
Depreciation & Amortization	111.56	110.2	121.07	108.81	103.15	107.32
EBIT	80.8	81.6	78.6	91.91	78.77	81.33
EBIT Margin	6.92%	6.85%	4.93%	7.57%	8.15%	7.45%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).