Westlake Chemical Partners (WLKP) Gross Margin (2013 - 2026)
Westlake Chemical Partners' (WLKP) quarterly Gross Margin came in at 30.67% in Q1 2026, up 791.0% YoY from 3.44% in Q1 2025, and up 2.35% on a QoQ basis from 29.97% in Q4 2025.
Westlake Chemical Partners (WLKP) Gross Margin (2013 - 2026) Analysis & Trends
Westlake Chemical Partners (WLKP) has 14 years of Gross Margin data on file, last reported at 30.67% in 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 rose to 30.67% in Q1 2026, from 29.97% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 42.22% in Q3 2024 to a low of 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 sank 14972 bps — and 2024, when it surged 1331 bps.
- Tracing WLKP's Gross Margin over 5 years: stood at 26.75% in 2022, then increased by 27 bps to 33.87% in 2023, then advanced by 0 bps to 33.99% in 2024, then fell by 12 bps to 29.97% in 2025, then rose by 2 bps to 30.67% in 2026.
- The last three Gross Margin figures came in at 30.67% (Q1 2026), 29.97% (Q4 2025), and 32.19% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.14 Bn | 3.78 Bn | 618.00 Mn | 22.46% |
| 2 | Methanex | 4.55 Bn | 4.16 Bn | - | - |
| 3 | Olin | 2.12 Bn | 1.94 Bn | 170.20 Mn | 9.77% |
| 4 | Braskem | 1.59 Bn | -362.05 Mn | - | - |
| 5 | Rex American Resources | 1.47 Bn | 1.10 Bn | 29.07 Mn | 18.58% |
| 6 | Green Plains | 1.11 Bn | 864.79 Mn | 113.03 Mn | 25.33% |
| 7 | Tronox Holdings | 895.13 Mn | 701.13 Mn | 55.00 Mn | 6.34% |
| 8 | Lsb Industries | 776.55 Mn | 558.19 Mn | 11.46 Mn | 6.82% |
| 9 | Westlake Chemical Partners | 761.87 Mn | 712.54 Mn | 94.81 Mn | 31.91% |
| 10 | Rayonier Advanced Materials | 580.59 Mn | 523.58 Mn | 22.95 Mn | 6.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.91% |
| 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% |