Westlake Chemical Partners (WLKP) Asset Utilization Ratio (2014 - 2026)
Westlake Chemical Partners (WLKP) posted Asset Utilization Ratio of 0.99 for Q1 2026, up 7.36% on a QoQ basis from 0.92 in Q4 2025, and up 21.0% year-over-year from 0.82 in Q1 2025.
Westlake Chemical Partners (WLKP) Asset Utilization Ratio (2014 - 2026) Analysis & Trends
Westlake Chemical Partners' Asset Utilization Ratio history runs 13 years deep, the most recent figure standing at 0.99 for Q1 2026.
- Quarterly Asset Utilization Ratio rose 21.0% year-over-year to 0.99 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.99 (up 21.0% YoY) and the FY2025 annual result came in at 0.92, up 5.15% from the prior year.
- Asset Utilization Ratio was 0.99 for Q1 2026 at Westlake Chemical Partners, up from 0.92 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 1.52 in Q3 2022 and bottomed at 0.82 in Q1 2025.
- A 5-year average of 1.0 and a median of 0.92 in 2025 frame the typical range for Asset Utilization Ratio.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio jumped 216.2% — and 2023, when it plunged 37.91%.
- Westlake Chemical Partners' Asset Utilization Ratio stood at 1.09 in 2022, then fell by 17.47% to 0.9 in 2023, then slipped by 1.81% to 0.88 in 2024, then grew by 4.93% to 0.92 in 2025, then increased by 7.36% to 0.99 in 2026.
- Business Quant data shows WLKP's Asset Utilization Ratio at 0.99 in Q1 2026, 0.92 in Q4 2025, and 0.88 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.19 Bn | 3.86 Bn | 468.00 Mn | 0.44 |
| 2 | Methanex | 4.49 Bn | 4.40 Bn | - | - |
| 3 | Olin | 2.69 Bn | 2.50 Bn | 75.80 Mn | 0.92 |
| 4 | Braskem | 1.98 Bn | -218.50 Mn | - | - |
| 5 | Rex American Resources | 1.49 Bn | 1.21 Bn | 28.91 Mn | 0.84 |
| 6 | Green Plains | 1.18 Bn | 1.01 Bn | 87.95 Mn | 1.22 |
| 7 | Tronox Holdings | 1.02 Bn | 1.04 Bn | 44.00 Mn | 0.48 |
| 8 | Lsb Industries | 880.78 Mn | 699.14 Mn | 35.79 Mn | 0.54 |
| 9 | Westlake Chemical Partners | 775.06 Mn | 730.77 Mn | 93.76 Mn | 0.99 |
| 10 | AdvanSix | 576.85 Mn | 559.27 Mn | 3.80 Mn | 0.91 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.99 |
| Dec 31, 2025 | 0.92 |
| Sep 30, 2025 | 0.88 |
| Jun 30, 2025 | 0.82 |
| Mar 31, 2025 | 0.82 |
| Dec 31, 2024 | 0.88 |
| Sep 30, 2024 | 0.89 |
| Jun 30, 2024 | 0.92 |
| Mar 31, 2024 | 0.89 |
| Dec 31, 2023 | 0.90 |
| Sep 30, 2023 | 0.94 |
| Jun 30, 2023 | 1.01 |
| Mar 31, 2023 | 1.13 |
| Dec 31, 2022 | 1.09 |
| Sep 30, 2022 | 1.52 |
| Jun 30, 2022 | 1.25 |
| Mar 31, 2022 | 1.16 |
| Dec 31, 2021 | 1.02 |
| Sep 30, 2021 | 0.48 |
| Jun 30, 2021 | 0.60 |