Westlake Chemical Partners (WLKP) Gross Margin (2013 - 2026)
Westlake Chemical Partners (WLKP) posted Gross Margin of 30.67% for Q1 2026, up 2.35% on a QoQ basis from 29.97% in Q4 2025, and up 791.0% year-over-year from 3.44% in Q1 2025.
Westlake Chemical Partners (WLKP) Gross Margin (2013 - 2026) Analysis & Trends
Westlake Chemical Partners' Gross Margin history runs 14 years deep, the most recent figure standing at 30.67% for Q1 2026.
- Quarterly Gross Margin rose 791.0% year-over-year to 30.67% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 31.39% (down 267.0% YoY) and the FY2025 annual result came in at 29.81%, down 707.0% from the prior year.
- Gross Margin was 30.67% for Q1 2026 at Westlake Chemical Partners, up from 29.97% in the prior quarter.
- Across five years, Gross Margin topped out at 42.22% in Q3 2024 and bottomed at 21.68% in Q2 2022.
- A 5-year average of 31.08% and a median of 32.19% in 2025 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin plunged 14972 bps — and 2024, when it surged 1331 bps.
- Westlake Chemical Partners' Gross Margin stood at 26.75% in 2022, then gained by 27 bps to 33.87% in 2023, then grew by 0 bps to 33.99% in 2024, then decreased by 12 bps to 29.97% in 2025, then advanced by 2 bps to 30.67% in 2026.
- Business Quant data shows WLKP's Gross Margin at 30.67% in Q1 2026, 29.97% in Q4 2025, and 32.19% in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.19 Bn | 3.86 Bn | 468.00 Mn | 20.03% |
| 2 | Methanex | 4.49 Bn | 4.40 Bn | - | - |
| 3 | Olin | 2.69 Bn | 2.50 Bn | 75.80 Mn | 4.79% |
| 4 | Braskem | 1.98 Bn | -218.50 Mn | - | - |
| 5 | Rex American Resources | 1.49 Bn | 1.21 Bn | 28.91 Mn | 18.30% |
| 6 | Green Plains | 1.18 Bn | 1.01 Bn | 87.95 Mn | 19.73% |
| 7 | Tronox Holdings | 1.02 Bn | 1.04 Bn | 44.00 Mn | 5.79% |
| 8 | Lsb Industries | 880.78 Mn | 699.14 Mn | 35.79 Mn | 21.12% |
| 9 | Westlake Chemical Partners | 775.06 Mn | 730.77 Mn | 93.76 Mn | 30.67% |
| 10 | AdvanSix | 576.85 Mn | 559.27 Mn | 3.80 Mn | 0.94% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 30.67% |
| Dec 31, 2025 | 29.97% |
| Sep 30, 2025 | 32.19% |
| Jun 30, 2025 | 32.83% |
| Mar 31, 2025 | 22.76% |
| Dec 31, 2024 | 33.99% |
| Sep 30, 2024 | 42.22% |
| Jun 30, 2024 | 35.62% |
| Mar 31, 2024 | 35.89% |
| Dec 31, 2023 | 33.87% |
| Sep 30, 2023 | 28.91% |
| Jun 30, 2023 | 33.21% |
| Mar 31, 2023 | 34.48% |
| Dec 31, 2022 | 26.75% |
| Sep 30, 2022 | 21.80% |
| Jun 30, 2022 | 21.68% |
| Mar 31, 2022 | 31.46% |
| Dec 31, 2021 | 14.15% |
| Sep 30, 2021 | 164.78% |
| Jun 30, 2021 | 40.66% |