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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	1,089	1,136	1,191	1,593	1,215	966.67
Revenue Growth (YoY)	-6.76%	-4.61%	-25.25%	31.14%	25.67%	-11.47%
Cost of Revenue	718.01	716.96	803.33	1,216	773.15	587.79
Gross Profit	370.84	418.94	387.46	377.37	441.71	378.88
Selling, General & Admin	28.89	28.5	29.75	29.68	31.02	25.9
Operating Expenses	28.89	28.5	29.75	29.68	31.02	25.9
Operating Income	341.95	390.44	357.71	347.69	410.69	352.99
Interest Expense	-24.66	-25.7	-26.5	-13.41	-8.82	-12.04
Other Non Operating Income (Expenses)	5.26	5.25	4.23	1.57	0.06	0.73
Pretax Income	322.55	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	321.82	369.16	334.63	334.83	401.39	341.12
Minority Interest in Earnings	-269.32	-306.77	-280.34	-270.66	-318.84	-274.95
Net Income	52.51	62.39	54.28	64.17	82.55	66.17
Net Income to Common	52.51	62.39	54.28	64.17	82.55	66.17
Net Income Growth	-3.17%	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)	0.04%	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	-3.20%	14.91%	-15.43%	-22.28%	24.72%	6.32%
Free Cash Flow	371.06	436.03	405.18	409.62	327.27	336.43
Free Cash Flow Per Share	10.53	12.38	11.50	11.63	9.30	9.56
Dividend Per Share	1.414	1.886	1.886	1.886	1.886	1.886
Dividend Growth	-25.00%	-	-	-	-	2.53%
Gross Margin	34.06%	36.88%	32.54%	23.69%	36.36%	39.20%
Operating Margin	31.40%	34.37%	30.04%	21.82%	33.80%	36.52%
Profit Margin	4.82%	5.49%	4.56%	4.03%	6.79%	6.84%
Free Cash Flow Margin	34.08%	38.39%	34.03%	25.71%	26.94%	34.80%
EBITDA	452.92	502.34	467.91	468.76	519.5	456.14
EBITDA Margin	41.60%	44.22%	39.29%	29.42%	42.76%	47.19%
D&A For EBITDA	110.97	111.9	110.2	121.07	108.81	103.15
EBIT	341.95	390.44	357.71	347.69	410.69	352.99
EBIT Margin	31.40%	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	1,089	1,136	1,191	1,593	1,215	966.67

Updated May 2, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q