Westlake Chemical Partners (WLKP) Gross Margin (2013 - 2026)
Westlake Chemical Partners' Gross Margin was 31.91% in Q2 2026, down 0.92 percentage points from 32.83% a year earlier but up 1.24 percentage points from the prior quarter.
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Analysis
Westlake Chemical Partners (WLKP) Gross Margin (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Westlake Chemical Partners' Gross Margin was 31.16% through Jun 30, 2026, down 2.16 percentage points year-over-year; for FY2025, it came in at 29.81%, down 7.07 percentage points from FY2024.
- Gross Margin shows a five-year change of -9.38 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 36.88% in FY2024 (+4.34 pp), 32.54% in FY2023 (+8.85 pp), 23.69% in FY2022 (-12.67 pp) and 36.36% in FY2021 (-2.84 pp).
- Quarterly Gross Margin has moved between 21.68% (Q2 2022) and 44.50% (Q4 2021) over five years.
- Compared with a year earlier, Gross Margin was higher in three of the last eight quarters, with an average year-over-year change of -1.19 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q3 2024 (a gain of 13.31 percentage points); the worst was Q2 2022 (a drop of 18.98 percentage points).
- Per Business Quant data, WLKP's Gross Margin in the three quarters before Q2 2026 was 30.67% (Q1 2026), 29.97% (Q4 2025) and 32.19% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 216.41 Bn | 199.52 Bn | 4.43 Bn | 47.67% |
| 2 | Corning | 138.24 Bn | 131.38 Bn | 1.63 Bn | 36.14% |
| 3 | Sherwin Williams | 77.94 Bn | 76.98 Bn | 3.34 Bn | 49.17% |
| 4 | Air Products & Chemicals | 60.86 Bn | 58.76 Bn | 1.04 Bn | 32.77% |
| 5 | LyondellBasell Industries | 37.33 Bn | 26.95 Bn | 2.04 Bn | 22.21% |
| 6 | Nutrien | 33.61 Bn | 30.48 Bn | 3.25 Bn | 30.07% |
| 7 | Qnity Electronics | 26.88 Bn | 24.31 Bn | 666.00 Mn | 46.61% |
| 8 | Ati | 26.00 Bn | 24.15 Bn | 309.80 Mn | 24.57% |
| 9 | Ppg Industries | 23.27 Bn | 16.07 Bn | 1.81 Bn | 40.22% |
| 10 | Westlake Chemical Partners | 750.38 Mn | 574.57 Mn | 94.81 Mn | 31.91% |
Historic Data
Download Data
Historic 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 | 25.23% |
| Dec 31, 2021 | 44.50% |
| Sep 30, 2021 | 25.83% |
API Access
Westlake Chemical Partners Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=WLKP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "WLKP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=WLKP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();