WLKP vs SHEL vs OLN Stock Comparison

Westlake Chemical Partners, Shell and Olin Prices as of Oct 26, 2026 Peers: Industry group
SHEL Shell plc
$106.91 +11.6% 1M +41.0% 1Y
Market cap
$309.21B
P/E
12.7x
Revenue (TTM)
$169.08B
Div. yield
0.03%
Integrated Oil and Gas Energy
7 wins
OLN OLIN Corp
$15.94 -2.9% 1M -33.7% 1Y
Market cap
$1.85B
P/E
–
Revenue (TTM)
$6.70B
Div. yield
–
Commodity Chemicals Basic Materials

Head to Head

12 decided of 12

Shell leads on 7 of the 12 questions below (Shell 7, Westlake Chemical Partners 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionWLKPSHELOLNLeader
Larger companyMarket capitalisation $750.73M $309.21B $1.85B SHEL
Cheaper on earningsLower P/E, profitable companies only 13.0x 12.7x -9.4x SHEL
Cheaper on forward earningsLower price / next fiscal year consensus EPS 14.4x 8.9x — SHEL
Faster revenue growthRevenue growth, trailing twelve months +12.1% -15.6% +0.6% WLKP
More profitableNet margin, trailing twelve months 4.7% 14.4% -2.9% SHEL
Better return on capitalReturn on invested capital 30.1% 13.1% -1.6% WLKP
Less leveragedLower net debt / EBITDA 0.7x 0.4x 7.3x SHEL
Higher dividend yieldTrailing dividend yield 0.09% 0.03% 0.00% WLKP
Better 1-year returnPrice return, last 12 months +6.3% +41.0% -33.7% SHEL
Better 5-year returnAnnualised price return, 5 years -4.0%/yr +16.4%/yr -22.0%/yr SHEL
Less volatileAnnualised volatility, 1 year 18.5% 22.8% 53.3% WLKP
Higher overall scoreMean of the five percentile scores vs peers 85/100 63/100 44/100 WLKP

Percentile Scorecard

WLKPSHELOLN

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisWLKPSHELOLN
Valuation 99 #2 of 94 54 #46 of 99 76 #23 of 94
Growth 56 #41 of 92 73 #27 of 97 3 #89 of 92
Profitability 100 #1 of 89 65 #34 of 96 38 #56 of 89
Financial Health 84 #16 of 97 62 #39 of 102 16 #82 of 97
Shareholder Returns 87 #10 of 70 61 #30 of 76 88 #9 of 70
Overall 85 63 44
  • WLKP ranked among 99 companies in Chemicals
  • SHEL ranked among 103 companies in Oil and Gas Upstream
  • OLN ranked among 99 companies in Chemicals

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodWLKPSHELOLNSPY
1 month -1.9%+11.6%-2.9% -0.8%
3 months -2.9%+23.8%-27.1% +3.5%
6 months -6.3%+23.0%-40.6% +7.0%
Year to date +11.2%+45.5%-23.5% +12.2%
1 year +6.3%+41.0%-33.7% +13.0%
3 years -0.8%+61.1%-62.2% +86.3%
3 years, per year -0.3%+17.2%-27.7% +23.1%
5 years -18.4%+113.9%-71.1% +68.6%
5 years, per year -4.0%+16.4%-22.0% +11.0%
10 years -0.1%+113.5%-27.4% +258.0%
10 years, per year 0.0%+7.9%-3.2% +13.6%

Risk

MeasureWLKPSHELOLNSPY
Volatility, 1Y 18.5%22.8%53.3% 12.7%
Downside volatility, 1Y 17.8%23.1%57.5% 12.7%
Beta vs S&P 500, 1Y 0.21-0.150.42 1.00
Return / volatility, 1Y 0.341.80-0.63 1.02
Max drawdown, 5Y -38.8%-25.0%-78.0% -25.4%
From 52-week high -11.0%-1.2%-47.1% -1.8%
52-week high $23.72$108.17$30.14 $779.14
52-week low $17.87$70.31$14.72 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleWLKPSHELOLN
P/E now vs peer median 12.9xmedian 21.6x 12.9xmedian 13.5x -9.2xmedian 21.6x
P/S now vs peer median 0.6xmedian 1.4x 1.8xmedian 2.1x 0.3xmedian 1.4x
EV/EBITDA now vs peer median 2.2xmedian 12.4x 4.3xmedian 5.9x 11.9xmedian 12.4x
P/FCF now vs peer median 1.8xmedian 15.8x -3.3xmedian 11.0x 18.1xmedian 15.8x
P/B now vs peer median 1.0xmedian 1.6x 1.7xmedian 1.5x 1.1xmedian 1.6x
PEG now vs peer median —median 1.66 0.93median 2.27 0.29median 1.66

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsWLKPSHELOLN
Revenue $1.23B $169.08B $6.70B
Gross profit $384.80M $99.74B $460.70M
Operating income $355.62M $65.44B -$105.50M
Net income $334.49M $17.88B -$195.80M
Free cash flow $409.14M -$92.27B $100.60M
R&D – $1.14B –
EPS (diluted) – $8.18 $-1.73
Cash & equivalents $49.32M $31.37B $177.40M
Total debt $1.60B $73.08B $3.03B
Shares (diluted) – 2.97B 113.90M
Enterprise value $574.92M $238.95B $1.17B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricWLKPSHELOLN
P/E 12.9x 12.9x -9.2x
P/FCF 1.8x -3.3x 18.1x
P/Operating cash flow 1.6x 6.2x 5.9x
P/S 0.6x 1.8x 0.3x
P/B 1.0x 1.7x 1.1x
P/Tangible book 1.0x 1.8x 1.2x
EV/EBITDA 2.2x 4.3x 11.9x
EV/EBIT 3.1x 6.4x -44.3x
EV/Revenue 0.9x 2.0x 0.7x
EV/FCF 2.7x -3.6x 46.4x
EV/Operating cash flow 2.4x 6.8x 15.2x
PEG (3Y EPS CAGR) – 0.93 0.29

Growth

14 metrics
MetricWLKPSHELOLN
Revenue growth (1Y) 12.1% -15.6% 0.6%
Revenue CAGR (3Y) -3.0% 2.2% -5.1%
Gross profit growth (1Y) 4.8% 4.6% -20.5%
Gross profit CAGR (3Y) 0.2% -4.5% -33.6%
Operating income growth (1Y) 4.7% 223.8% -174.4%
Operating income CAGR (3Y) 0.0% 39.3% -27.9%
Net income growth (1Y) 4.7% 98.6% -1,072%
Net income CAGR (3Y) -0.2% 111.8% -30.9%
EPS growth (1Y) – 42.2% -1,309%
EPS CAGR (3Y) – 13.9% -31.6%
Operating cash flow growth (1Y) 48.6% 0.2% -32.9%
Operating cash flow CAGR (3Y) -1.1% -6.7% -38.3%
Free cash flow growth (1Y) 67.7% -27.1% -62.9%
Free cash flow CAGR (3Y) -2.6% 17.1% -54.2%

Profitability

14 metrics
MetricWLKPSHELOLN
Gross margin 31.2% 59.0% 6.9%
EBITDA margin 40.0% 45.9% 5.9%
Operating margin 28.8% 38.7% -1.6%
Pretax margin 27.1% 23.6% -4.0%
Net margin 4.7% 14.4% -2.9%
FCF margin 33.1% -54.6% 1.5%
Operating cash flow margin 37.7% 29.1% 4.6%
Return on equity 42.8% 10.1% -11.4%
Return on assets 27.3% 4.7% -2.6%
Return on invested capital 30.1% 13.1% -1.6%
Return on capital employed 30.1% 17.8% -1.8%
Asset turnover 1.0x 0.4x 0.9x
Cash conversion (OCF / net income) 1.4x 2.7x -1.6x
Stock comp / revenue – – 0.3%

Financial Health

11 metrics
MetricWLKPSHELOLN
Debt / assets 32.8% 19.2% 40.7%
Debt / equity 0.5x 0.4x 1.8x
Net debt / EBITDA 0.7x 0.4x 7.3x
Debt / FCF 1.0x -0.8x 30.1x
Liabilities / assets 36.8% 52.5% 77.0%
Equity / assets 63.2% 47.5% 23.0%
Interest coverage 16.4x 11.0x -0.6x
Current ratio 3.4x 1.4x 1.4x
Quick ratio 1.9x 1.1x 0.8x
Cash ratio 1.1x 0.5x 0.1x
Altman Z-score – – 1.52

Shareholder Returns

7 metrics
MetricWLKPSHELOLN
Dividend yield 8.9% 2.8% 5.0%
Net buyback yield – 6.4% 0.9%
Shareholder yield 8.9% 9.2% 5.9%
Payout ratio (earnings) 19.9% 47.9% –
Payout ratio (FCF) 16.2% -9.3% –
Dividend growth (1Y) 0.0% -1.4% –
Dividend CAGR (3Y) 0.0% 3.1% –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusWLKPSHELOLN
Forward P/E 14.4xFY2026 8.9xFY2026 –
EPS, next fiscal year $1.47FY2026 $12.02FY2026 $-0.61FY2026
EPS growth, next FY +6.5%FY2026 +90.8%FY2026 –
EPS growth, the year after +20.4% -7.5% –
Revenue, next fiscal year $1.31BFY2026 $339.70BFY2026 $6.47BFY2026
Revenue growth, next FY +11.8%FY2026 +27.3%FY2026 -4.6%FY2026
Revenue growth, the year after +16.9% -0.1% +16.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersWLKPSHELOLN
Held by institutions 29.1% 13.0% 99.7%
Institutions holding 56 1,522 410
Change in shares held, QoQ -0.2% +0.0% +1.5%
Institutions buying 26 679 214
Institutions selling 13 535 120
Buyers to sellers 2.00 1.27 1.78

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

WLKPSHELOLN
WLKP 1.00 0.04 0.32
SHEL 0.04 1.00 0.31
OLN 0.32 0.31 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, WLKP, SHEL and OLN?

Shell (SHEL) is the largest by market capitalisation: Westlake Chemical Partners (WLKP) $750.73M, Shell (SHEL) $309.21B, Olin (OLN) $1.85B.

Which stock is cheaper, WLKP, SHEL and OLN?

Shell (SHEL) trades on the lowest price-to-earnings ratio (Westlake Chemical Partners (WLKP) 13.0x, Shell (SHEL) 12.7x, Olin (OLN) -9.4x). On next year's consensus earnings, Shell (SHEL) is cheapest (Westlake Chemical Partners (WLKP) 14.4x, Shell (SHEL) 8.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Westlake Chemical Partners (WLKP) grew revenue fastest over the trailing twelve months: Westlake Chemical Partners (WLKP) +12.1%, Shell (SHEL) -15.6%, Olin (OLN) +0.6%.

Which company is more profitable?

Shell (SHEL) has the highest net margin (Westlake Chemical Partners (WLKP) 4.7%, Shell (SHEL) 14.4%, Olin (OLN) -2.9%). On return on invested capital, Westlake Chemical Partners (WLKP) leads (Westlake Chemical Partners (WLKP) 30.1%, Shell (SHEL) 13.1%, Olin (OLN) -1.6%).

Which stock has performed better?

Over the past year Shell (SHEL) returned the most: Westlake Chemical Partners (WLKP) +6.3%, Shell (SHEL) +41.0%, Olin (OLN) -33.7%. Over five years, Shell (SHEL) compounded fastest (Westlake Chemical Partners (WLKP) -4.0%/yr, Shell (SHEL) +16.4%/yr, Olin (OLN) -22.0%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Westlake Chemical Partners (WLKP) has the highest dividend yield: Westlake Chemical Partners (WLKP) 0.09%, Shell (SHEL) 0.03%, Olin (OLN) 0.00%. Olin (OLN) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Westlake Chemical Partners (WLKP) has been the steadiest (Westlake Chemical Partners (WLKP) 18.5%, Shell (SHEL) 22.8%, Olin (OLN) 53.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, WLKP, SHEL and OLN?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Shell (SHEL) leads on 7. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.