Westlake Chemical Partners (WLKP) Operating Expenses (2013 - 2026)
Westlake Chemical Partners (WLKP) reported Operating Expenses of $7.2 million for Q1 2026, down 3.8% on a YoY basis from $7.5 million in Q1 2025, and up 1.94% quarter-over-quarter from $7.1 million in Q4 2025.
Westlake Chemical Partners (WLKP) Operating Expenses (2013 - 2026) Analysis & Trends
Westlake Chemical Partners has reported Operating Expenses for 14 years, with the latest figure at $7.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Expenses fell 3.8% year-over-year to $7.2 million; the trailing twelve-month figure through Mar 2026 stood at $28.0 million (down 3.13% YoY), and the FY2025 full-year result was $28.3 million, down 0.79% from the prior year.
- Operating Expenses for Q1 2026 stood at $7.2 million, up from $7.1 million in the prior quarter.
- The five-year high for Operating Expenses was $9.9 million in Q2 2022, with the low at $2.9 million in Q4 2022.
- Historically, Operating Expenses has averaged $7.3 million across 5 years, with a median of $7.3 million in 2024.
- Annual changes were most pronounced in 2022 — Operating Expenses sank 54.58% — and 2023, when it soared 175.65%.
- Westlake Chemical Partners' Operating Expenses stood at $2.9 million in 2022, then soared by 175.65% to $7.9 million in 2023, then slipped by 16.63% to $6.6 million in 2024, then climbed by 7.53% to $7.1 million in 2025, then climbed by 1.94% to $7.2 million in 2026.
- The last three Operating Expenses figures came in at $7.2 million (Q1 2026), $7.1 million (Q4 2025), and $7.4 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.39 Bn | 4.05 Bn | 468.00 Mn | 254.00 Mn |
| 2 | Methanex | 4.49 Bn | 4.51 Bn | - | -770.48 Mn |
| 3 | Olin | 2.75 Bn | 2.56 Bn | 75.80 Mn | 154.10 Mn |
| 4 | Rex American Resources | 1.48 Bn | 1.20 Bn | 28.91 Mn | 12.26 Mn |
| 5 | Tronox Holdings | 1.16 Bn | 1.07 Bn | 44.00 Mn | 85.00 Mn |
| 6 | Green Plains | 1.03 Bn | 853.25 Mn | 87.95 Mn | 401.03 Mn |
| 7 | Lsb Industries | 880.06 Mn | 698.42 Mn | 35.79 Mn | -1.64 Mn |
| 8 | Westlake Chemical Partners | 828.28 Mn | 783.99 Mn | 93.76 Mn | 7.19 Mn |
| 9 | ASP Isotopes | 827.64 Mn | 547.19 Mn | 1.67 Mn | 26.55 Mn |
| 10 | AdvanSix | 577.39 Mn | 559.81 Mn | 3.80 Mn | 22.52 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 7.19 Mn |
| Dec 31, 2025 | 7.05 Mn |
| Sep 30, 2025 | 7.44 Mn |
| Jun 30, 2025 | 6.30 Mn |
| Mar 31, 2025 | 7.47 Mn |
| Dec 31, 2024 | 6.56 Mn |
| Sep 30, 2024 | 7.25 Mn |
| Jun 30, 2024 | 7.61 Mn |
| Mar 31, 2024 | 7.08 Mn |
| Dec 31, 2023 | 7.87 Mn |
| Sep 30, 2023 | 6.74 Mn |
| Jun 30, 2023 | 7.23 Mn |
| Mar 31, 2023 | 7.91 Mn |
| Dec 31, 2022 | 2.85 Mn |
| Sep 30, 2022 | 8.68 Mn |
| Jun 30, 2022 | 9.92 Mn |
| Mar 31, 2022 | 8.23 Mn |
| Dec 31, 2021 | 6.28 Mn |
| Sep 30, 2021 | 7.79 Mn |
| Jun 30, 2021 | 8.27 Mn |