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Westlake WLK Gross Profit

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Westlake Chemical Partners logo
Westlake Chemical PartnersWLKP
$94.81M-2.8%
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DowDOW
$2.17B+272%

Other financials

Income statement

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Revenue$3.3B+10.8%
Operating income$364.0M+434%
Net income$260.0M+283%
EPS (diluted)$2.01+281%

Balance sheet

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Cash & equivalents$1.7B-21.0%
Total debt$5.9B+6.4%
Total equity$8.7B-15.3%
Total assets$19.4B-6.6%

Cash flow

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Operating cash flow$318.0M+136%
CapEx$207.0M-22.5%
Free cash flow-$303.0M+6.8%

Valuation

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Market cap$10.09B-3.0%
Enterprise value$14.3B+3.5%
P/S0.9×0.0×

Profitability

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Gross margin9.6%-1.6pp
Operating margin-11%-11.9pp
Net margin-10.9%-11.6pp
FCF margin-4.6%-5.3pp

Returns & leverage

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Return on equity-13%-13.7pp
Debt / equity0.7×+0.1×
Current ratio2.5×0.0×

Where this comes from

Calculated from Westlake’s reported figures.

The source filing: Westlake’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 2:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001262823-26-000032
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net sales$3,271$2,953$5,923$5,799
Cost of sales2,6192,6955,1595,309
Gross profit652258764490
Selling, general and administrative expenses253221489448
Amortization of intangibles32316261
Restructuring, transaction and integration-related costs311521122
Income (loss) from operations364(109)192(141)
Other income (expense)

Item 1. Financial Statements

FAQ

What is Westlake's gross profit?
Westlake (WLK) reported gross profit of $652M in Q2 2026.
How has Westlake's gross profit changed year-over-year?
Westlake's gross profit increased by 152.7% year-over-year, from $258M to $652M.
What is the long-term trend for Westlake's gross profit?
Over 4 years (2021 to 2025), Westlake's gross profit has grown at a -30.6% compound annual growth rate (CAGR), from $3.5B to $813M.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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