Westlake Chemical Partners (WLKP) Net Margin (2013 - 2026)
Westlake Chemical Partners (WLKP) posted Net Margin of 26.71% for Q1 2026, up 2.42% on a QoQ basis from 26.08% in Q4 2025, and up 891.0% year-over-year from 2.7% in Q1 2025.
Westlake Chemical Partners (WLKP) Net Margin (2013 - 2026) Analysis & Trends
Westlake Chemical Partners' Net Margin history runs 14 years deep, the most recent figure standing at 26.71% for Q1 2026.
- Quarterly Net Margin rose 891.0% year-over-year to 26.71% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 27.37% (down 219.0% YoY) and the FY2025 annual result came in at 25.59%, down 691.0% from the prior year.
- Net Margin was 26.71% for Q1 2026 at Westlake Chemical Partners, up from 26.08% in the prior quarter.
- Across five years, Net Margin topped out at 37.58% in Q3 2024 and bottomed at 17.8% in Q1 2025.
- A 5-year average of 27.09% and a median of 27.91% in 2025 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin slumped 13049 bps — and 2024, when it surged 1245 bps.
- Westlake Chemical Partners' Net Margin stood at 24.88% in 2022, then advanced by 18 bps to 29.29% in 2023, then increased by 3 bps to 30.13% in 2024, then decreased by 13 bps to 26.08% in 2025, then climbed by 2 bps to 26.71% in 2026.
- Business Quant data shows WLKP's Net Margin at 26.71% in Q1 2026, 26.08% in Q4 2025, and 27.91% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.19 Bn | 3.86 Bn | 468.00 Mn | -0.04% |
| 2 | Methanex | 4.49 Bn | 4.40 Bn | - | -1.47% |
| 3 | Olin | 2.69 Bn | 2.50 Bn | 75.80 Mn | -5.24% |
| 4 | Braskem | 1.98 Bn | -218.50 Mn | - | - |
| 5 | Rex American Resources | 1.49 Bn | 1.21 Bn | 28.91 Mn | 27.70% |
| 6 | Green Plains | 1.18 Bn | 1.01 Bn | 87.95 Mn | 7.50% |
| 7 | Tronox Holdings | 1.02 Bn | 1.04 Bn | 44.00 Mn | -13.68% |
| 8 | Lsb Industries | 880.78 Mn | 699.14 Mn | 35.79 Mn | 11.60% |
| 9 | Westlake Chemical Partners | 775.06 Mn | 730.77 Mn | 93.76 Mn | 26.71% |
| 10 | AdvanSix | 576.85 Mn | 559.27 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 | 27.81% |
| Dec 31, 2021 | 13.32% |
| Sep 30, 2021 | 143.40% |
| Jun 30, 2021 | 37.33% |