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Westlake Chemical Partners WLKP Business Segments — Net Income

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Other financials

Income statement

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Revenue$305.7M+28.6%
Gross profit$93.8M+73.4%
Operating income$86.6M+85.7%
Net income$14.2M+186%

Balance sheet

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Cash & equivalents$44.3M-10.7%
Total assets$1.2B-9.9%

Cash flow

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Operating cash flow$110.2M+141%
CapEx$5.6M-65.2%
Free cash flow$104.6M+251%

Valuation

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Market cap$798.32M+3.2%
P/E13.8×-0.9×
P/S0.7×-0.1×

Profitability

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Gross margin31.4%-2.7pp
Operating margin29.1%-2.3pp
Net margin4.7%-0.1pp
FCF margin23.6%-10.4pp

Returns & leverage

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Current ratio3.7×+2.3×

Where this comes from

Reported directly by Westlake Chemical Partners in its filing.

Tagged under the XBRL concept us-gaap:ProfitLoss.

The official record: Westlake Chemical Partners’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Westlake Chemical Partners's business segments — net income?
Westlake Chemical Partners (WLKP) reported business segments — net income of $87.39M in Q1 2026.
How has Westlake Chemical Partners's business segments — net income changed year-over-year?
Westlake Chemical Partners's business segments — net income increased by 80.6% year-over-year, from $48.38M to $87.39M.
What is the long-term trend for Westlake Chemical Partners's business segments — net income?
Over 3 years (2022 to 2025), Westlake Chemical Partners's business segments — net income has grown at a -2.6% compound annual growth rate (CAGR), from $350.48M to $323.58M.
What does business segments — net income mean?
This metric measures the total profitability of the operating segment after accounting for all revenues, operating expenses, and interest costs. It represents the residual earnings generated by the segment's activities before any further corporate-level allocations or tax considerations. It is the primary indicator of the segment's overall financial health and its contribution to the parent company's consolidated earnings.