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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$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:ProfitLoss.

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
Selling, general and administrative expenses6,4415,40212,66912,074
Other segment items (1)146(117)287(1,088)
Interest expense—Westlake
OpCo$316$353$628$621
Corporate4,8035,5549,57610,823
$5,119$5,907$10,204$11,444
Net income
OpCo$88,218$92,247$175,608$140,627

Item 1. Financial Statements

FAQ

What is Westlake Chemical Partners's business segments — net income?
Westlake Chemical Partners (WLKP) reported business segments — net income of $88.22M in Q2 2026.
How has Westlake Chemical Partners's business segments — net income changed year-over-year?
Westlake Chemical Partners's business segments — net income decreased by 4.4% year-over-year, from $92.25M to $88.22M.
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.

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