Westlake Chemical Partners LP

NYSE:WLKP Stock Report

Market Cap: US$785.3m

Westlake Chemical Partners Past Earnings Performance

Past criteria checks 3/6

Westlake Chemical Partners's earnings have been declining at an average annual rate of -0.8%, while the Chemicals industry saw earnings growing at 11.7% annually. Revenues have been growing at an average rate of 4.9% per year. Westlake Chemical Partners's return on equity is 41.4%, and it has net margins of 4.8%.

Key information

-0.8%

Earnings growth rate

-1.3%

EPS growth rate

Chemicals Industry Growth12.9%
Revenue growth rate4.9%
Return on equity41.4%
Net Margin4.8%
Last Earnings Update30 Jun 2024

Recent past performance updates

Recent updates

Westlake Corporation: Looks Attractive Even Without Momentum Assumptions

Apr 23

Westlake Chemical Partners: Units Near Fair Value, Yield Premium Fair

Dec 19

Westlake Chemical Partners: Attractive And Overlooked Income Play

Oct 03

Westlake Chemical: Environmental Investments Could Accelerate The Demand For The Stock

Aug 01

Westlake Chemical Partners: Strategically Positioned To Benefit From Megatrends

Jul 24

Westlake Chemical Partners Q4 2022 Earnings Preview

Feb 20

Westlake Chemical Partners: Priced Right Ahead Of Earnings, Steady Dividends Expected

Feb 06

Westlake Chemical Partners declares $0.4714 dividend

Jan 23

Westlake Chemical Partners Benefits From Retreat In Natural Gas Prices

Nov 14

Westlake Chemical Partners declares $0.4714 dividend

Oct 31

Westlake Chemical Partners Getting Crimped By Feedstock But Still Cheap

Aug 25

Westlake Chemical Partners Has Solid Margins Till 2026

Jul 27

Westlake Chemical Partners: More Of The Same In 2022, Downgrading

May 06

Westlake Chemical Partners: Growth, Staying Power, And A 7% Yield

Feb 15

Westlake Chemical Partners: Too Conservatively Financed For Their Own Good

Nov 17

Westlake Chemical Partners: A Very Stable MLP That's Still Selling At A Discount

Jul 08

Westlake Chemical Partners declares $0.4714 dividend

May 03

The High-Yielding Standout MLP: Westlake Chemical Partners

Jan 11

Westlake Chemical Partners: Premier High-Yielder Right Now, Maybe More One Day

Nov 25

Westlake Chemical Partners EPS beats by $0.11, misses on revenue

Nov 03

Westlake Chemical Partners declares $0.4714 dividend

Oct 30

Revenue & Expenses Breakdown

How Westlake Chemical Partners makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:WLKP Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 241,18857290
31 Mar 241,16854290
31 Dec 231,19154300
30 Sep 231,26057250
30 Jun 231,35458270
31 Mar 231,53863290
31 Dec 221,59364300
30 Sep 221,55777330
30 Jun 221,43675320
31 Mar 221,30984310
31 Dec 211,21583310
30 Sep 211,13068320
30 Jun 211,06874310
31 Mar 2198464280
31 Dec 2096766260
30 Sep 2099469260
30 Jun 201,01265270
31 Mar 201,04364290
31 Dec 191,09261290
30 Sep 191,15555290
30 Jun 191,26953280
31 Mar 191,30052270
31 Dec 181,28649280
30 Sep 181,25952280
30 Jun 181,19252290
31 Mar 181,18049290
31 Dec 171,17347290
30 Sep 171,15843290
30 Jun 171,09138280
31 Mar 171,01238270
31 Dec 1698741250
30 Sep 1694141230
30 Jun 1696142240
31 Mar 161,00143240
31 Dec 151,00740240
30 Sep 151,032-324240
30 Jun 151,176-265270
31 Mar 151,448-122270
31 Dec 141,75014290
30 Sep 142,038511290
30 Jun 142,186575260
31 Mar 142,187570270
31 Dec 132,128547250

Quality Earnings: WLKP has high quality earnings.

Growing Profit Margin: WLKP's current net profit margins (4.8%) are higher than last year (4.3%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: WLKP's earnings have declined by 0.8% per year over the past 5 years.

Accelerating Growth: WLKP's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: WLKP had negative earnings growth (-2.7%) over the past year, making it difficult to compare to the Chemicals industry average (-4.8%).


Return on Equity

High ROE: WLKP's Return on Equity (41.4%) is considered outstanding.


Return on Assets


Return on Capital Employed


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