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| 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 | 1.14 |
| 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 |