Westlake Chemical Partners (WLKP) Asset Utilization Ratio (2014 - 2026)

Westlake Chemical Partners (WLKP) reported Asset Utilization Ratio of 0.99 for Q1 2026, up 21.0% on a YoY basis from 0.82 in Q1 2025, and up 7.36% quarter-over-quarter from 0.92 in Q4 2025.

Westlake Chemical Partners (WLKP) Asset Utilization Ratio (2014 - 2026) Analysis & Trends

Westlake Chemical Partners has reported Asset Utilization Ratio for 13 years, with the latest figure at 0.99 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio rose 21.0% year-over-year to 0.99; the trailing twelve-month figure through Mar 2026 stood at 0.99 (up 21.0% YoY), and the FY2025 full-year result was 0.92, up 5.15% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.99, up from 0.92 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 1.14 in Q4 2022, with the low at 0.82 in Q1 2025.
  • Historically, Asset Utilization Ratio has averaged 0.95 across 5 years, with a median of 0.92 in 2024.
  • Annual changes were most pronounced in 2022 — Asset Utilization Ratio surged 121.36% — and 2023, when it slipped 21.18%.
  • Westlake Chemical Partners' Asset Utilization Ratio stood at 1.14 in 2022, then slipped by 21.18% to 0.9 in 2023, then retreated by 1.81% to 0.88 in 2024, then advanced by 4.93% to 0.92 in 2025, then climbed by 7.36% to 0.99 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.99 (Q1 2026), 0.92 (Q4 2025), and 0.88 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Celanese 5.60 Bn 4.26 Bn 468.00 Mn 0.44
2 Methanex 4.42 Bn 4.43 Bn - 0.50
3 Olin 2.80 Bn 2.60 Bn 75.80 Mn 0.92
4 Rex American Resources 1.47 Bn 1.19 Bn 28.91 Mn 0.84
5 Tronox Holdings 1.13 Bn 1.03 Bn 44.00 Mn 0.48
6 Green Plains 1.02 Bn 844.99 Mn 87.95 Mn 1.22
7 Lsb Industries 860.60 Mn 678.96 Mn 35.79 Mn 0.54
8 Westlake Chemical Partners 818.06 Mn 773.77 Mn 93.76 Mn 0.99
9 ASP Isotopes 776.82 Mn 496.37 Mn 1.67 Mn 0.05
10 AdvanSix 576.58 Mn 559.00 Mn 3.80 Mn 0.91

Historic Data

Download Data
DateValue
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 1.14
Sep 30, 2022 1.08
Jun 30, 2022 0.98
Mar 31, 2022 0.89
Dec 31, 2021 0.70
Sep 30, 2021 0.66
Jun 30, 2021 0.46