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Westlake Chemical Partners WLKP Business Segments — Cost of Sales

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Other financials

Income statement

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Revenue$297.1M0.0%
Gross profit$94.8M-2.8%
Operating income$87.3M-4.3%
Net income$14.2M-2.2%

Balance sheet

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Cash & equivalents$49.3M+34.8%
Total assets$1.2B-6.9%

Cash flow

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Operating cash flow$129.8M+1,331%
CapEx$12.5M-48.8%
Free cash flow$117.4M

Valuation

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Market cap$763.43M-2.9%
P/E13.3×-1.7×
P/S0.6×-0.1×

Profitability

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Gross margin31.2%-2.2pp
Operating margin28.8%-2.0pp
Net margin4.7%-0.1pp
FCF margin33.1%+9.6pp

Returns & leverage

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Current ratio3.4×+1.3×

Where this comes from

Reported directly by Westlake Chemical Partners in its filing.

Tagged under the XBRL concept us-gaap:CostOfGoodsAndServicesSold.

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

Filed
Aug 5, 2026, 2:27 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001604665-26-000027
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net sales—Westlake$238,030$269,076$501,121$459,857
Net co-products, ethylene and other sales—third parties59,07028,043101,65474,891
Total net sales297,100297,119602,775534,748
Cost of sales202,295199,587414,211383,135
Gross profit94,80597,532188,564151,613
Selling, general and administrative expenses7,4946,30014,68413,774
Income from operations87,31191,232173,880137,839
Other income (expense)

Item 1. Financial Statements

FAQ

What is Westlake Chemical Partners's business segments — cost of sales?
Westlake Chemical Partners (WLKP) reported business segments — cost of sales of $202.3M in Q2 2026.
How has Westlake Chemical Partners's business segments — cost of sales changed year-over-year?
Westlake Chemical Partners's business segments — cost of sales increased by 1.4% year-over-year, from $199.59M to $202.3M.
What is the long-term trend for Westlake Chemical Partners's business segments — cost of sales?
Over 3 years (2022 to 2025), Westlake Chemical Partners's business segments — cost of sales has grown at a -12.3% compound annual growth rate (CAGR), from $1.22B to $818.85M.
What does business segments — cost of sales mean?
This metric captures the total direct costs attributable to the production of goods sold by the operating segment during a specific period. It includes raw materials, direct labor, and manufacturing overhead directly tied to the revenue-generating activities of the segment. It serves as a primary indicator of the segment's gross margin performance and direct cost management capabilities.

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