Westlake Chemical Partners (WLKP) Operating Margin (2013 - 2026)
Westlake Chemical Partners (WLKP) reported Operating Margin of 29.39% for Q2 2026, down 1.32 percentage points from 30.71% a year earlier but up 1.07 percentage points from the prior quarter.
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Analysis
Westlake Chemical Partners (WLKP) Operating Margin (2013 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Westlake Chemical Partners' Operating Margin came in at 28.80%, down 2.02 percentage points year-over-year; for FY2025, it was 27.39%, down 6.98 percentage points from FY2024.
- Operating Margin has a five-year change of -9.12 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 34.37% in FY2024 (+4.33 pp), 30.04% in FY2023 (+8.22 pp), 21.82% in FY2022 (-11.98 pp) and 33.81% in FY2021 (-2.71 pp).
- Five-year quarterly Operating Margin spans a low of 19.47% in Q2 2022 and a high of 42.60% in Q4 2021.
- Year over year, Operating Margin gained in three of the last eight quarters, with an average year-over-year change of -1.14 percentage points.
- The high point for year-over-year Operating Margin in five years was Q3 2024 (a gain of 12.79 percentage points); the low point was Q2 2022 (a drop of 18.63 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 28.32% (Q1 2026), 27.78% (Q4 2025) and 29.78% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Linde | 218.80 Bn | 201.92 Bn | 4.43 Bn | 27.49% |
| 2 | Corning | 132.43 Bn | 125.56 Bn | 1.63 Bn | 15.49% |
| 3 | Sherwin Williams | 78.49 Bn | 77.53 Bn | 3.34 Bn | 18.18% |
| 4 | Air Products & Chemicals | 61.97 Bn | 59.87 Bn | 1.04 Bn | -66.34% |
| 5 | Corteva | 51.82 Bn | 40.62 Bn | 3.66 Bn | 32.29% |
| 6 | LyondellBasell Industries | 37.12 Bn | 26.74 Bn | 2.04 Bn | 16.81% |
| 7 | Nutrien | 33.86 Bn | 30.73 Bn | 3.25 Bn | 28.51% |
| 8 | Qnity Electronics | 26.31 Bn | 23.73 Bn | 666.00 Mn | 25.75% |
| 9 | Ati | 25.78 Bn | 23.93 Bn | 309.80 Mn | 17.45% |
| 10 | Westlake Chemical Partners | 746.51 Mn | 570.69 Mn | 94.81 Mn | 29.39% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.39% |
| Mar 31, 2026 | 28.32% |
| Dec 31, 2025 | 27.78% |
| Sep 30, 2025 | 29.78% |
| Jun 30, 2025 | 30.71% |
| Mar 31, 2025 | 19.61% |
| Dec 31, 2024 | 31.73% |
| Sep 30, 2024 | 39.60% |
| Jun 30, 2024 | 32.95% |
| Mar 31, 2024 | 33.41% |
| Dec 31, 2023 | 31.22% |
| Sep 30, 2023 | 26.81% |
| Jun 30, 2023 | 30.47% |
| Mar 31, 2023 | 31.90% |
| Dec 31, 2022 | 25.97% |
| Sep 30, 2022 | 19.71% |
| Jun 30, 2022 | 19.47% |
| Mar 31, 2022 | 22.96% |
| Dec 31, 2021 | 42.60% |
| Sep 30, 2021 | 23.18% |
API Access
Westlake Chemical Partners Operating 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=operating-margin&ticker=WLKP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=WLKP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();