Westlake Chemical Partners (WLKP) Net Margin (2013 - 2026)
Westlake Chemical Partners (WLKP) reported Net Margin of 26.71% for Q1 2026, up 891.0% on a YoY basis from 2.7% in Q1 2025, and up 2.42% quarter-over-quarter from 26.08% in Q4 2025.
Westlake Chemical Partners (WLKP) Net Margin (2013 - 2026) Analysis & Trends
Westlake Chemical Partners has reported Net Margin for 14 years, with the latest figure at 26.71% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 891.0% year-over-year to 26.71%; the trailing twelve-month figure through Mar 2026 stood at 27.37% (down 219.0% YoY), and the FY2025 full-year result was 25.59%, down 691.0% from the prior year.
- Net Margin for Q1 2026 stood at 26.71%, up from 26.08% in the prior quarter.
- The five-year high for Net Margin was 37.58% in Q3 2024, with the low at 17.8% in Q1 2025.
- Historically, Net Margin has averaged 26.77% across 5 years, with a median of 27.91% in 2025.
- Annual changes were most pronounced in 2022 — Net Margin sank 13599 bps — and 2024, when it surged 1245 bps.
- Westlake Chemical Partners' Net Margin stood at 24.88% in 2022, then rose by 18 bps to 29.29% in 2023, then climbed by 3 bps to 30.13% in 2024, then fell by 13 bps to 26.08% in 2025, then gained by 2 bps to 26.71% in 2026.
- The last three Net Margin figures came in at 26.71% (Q1 2026), 26.08% (Q4 2025), and 27.91% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.60 Bn | 4.26 Bn | 468.00 Mn | -0.04% |
| 2 | Methanex | 4.42 Bn | 4.43 Bn | - | -1.40% |
| 3 | Olin | 2.80 Bn | 2.60 Bn | 75.80 Mn | -5.24% |
| 4 | Rex American Resources | 1.47 Bn | 1.19 Bn | 28.91 Mn | 27.70% |
| 5 | Tronox Holdings | 1.13 Bn | 1.03 Bn | 44.00 Mn | -13.68% |
| 6 | Green Plains | 1.02 Bn | 844.99 Mn | 87.95 Mn | 6.19% |
| 7 | Lsb Industries | 860.60 Mn | 678.96 Mn | 35.79 Mn | 11.61% |
| 8 | Westlake Chemical Partners | 818.06 Mn | 773.77 Mn | 93.76 Mn | 26.71% |
| 9 | ASP Isotopes | 776.82 Mn | 496.37 Mn | 1.67 Mn | 468.54% |
| 10 | AdvanSix | 576.58 Mn | 559.00 Mn | 3.80 Mn | -3.85% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.71% |
| Dec 31, 2025 | 26.08% |
| Sep 30, 2025 | 27.91% |
| Jun 30, 2025 | 28.88% |
| Mar 31, 2025 | 17.80% |
| Dec 31, 2024 | 30.13% |
| Sep 30, 2024 | 37.58% |
| Jun 30, 2024 | 30.98% |
| Mar 31, 2024 | 31.49% |
| Dec 31, 2023 | 29.29% |
| Sep 30, 2023 | 25.14% |
| Jun 30, 2023 | 28.49% |
| Mar 31, 2023 | 29.72% |
| Dec 31, 2022 | 24.88% |
| Sep 30, 2022 | 18.86% |
| Jun 30, 2022 | 18.82% |
| Mar 31, 2022 | 22.30% |
| Dec 31, 2021 | 41.88% |
| Sep 30, 2021 | 22.48% |
| Jun 30, 2021 | 37.33% |