Westlake Chemical Partners (WLKP) Tax Rate (2013 - 2026)

Westlake Chemical Partners (WLKP) posted Tax Rate of 0.22% for Q1 2026, down 5.36% on a QoQ basis from 0.23% in Q4 2025, and down 4.0% year-over-year from 0.23% in Q1 2025.

Westlake Chemical Partners (WLKP) Tax Rate (2013 - 2026) Analysis & Trends

Westlake Chemical Partners' Tax Rate history runs 14 years deep, the most recent figure standing at 0.22% for Q1 2026.

  • Quarterly Tax Rate fell 4.0% year-over-year to 0.22% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.18% (down 4.0% YoY) and the FY2025 annual result came in at 0.18%, down 4.0% from the prior year.
  • Tax Rate was 0.22% for Q1 2026 at Westlake Chemical Partners, down from 0.23% in the prior quarter.
  • Across five years, Tax Rate topped out at 0.61% in Q3 2022 and bottomed at 0.05% in Q3 2025.
  • A 5-year average of 0.24% and a median of 0.23% in 2024 frame the typical range for Tax Rate.
  • Annual changes were most pronounced in 2022 — Tax Rate surged 77 bps — and 2023, when it sank 34 bps.
  • Westlake Chemical Partners' Tax Rate stood at 0.21% in 2022, then grew by 11 bps to 0.24% in 2023, then declined by 2 bps to 0.23% in 2024, then retreated by 1 bps to 0.23% in 2025, then decreased by 5 bps to 0.22% in 2026.
  • Business Quant data shows WLKP's Tax Rate at 0.22% in Q1 2026, 0.23% in Q4 2025, and 0.05% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Celanese 5.19 Bn 3.86 Bn 468.00 Mn 40.24%
2 Methanex 4.49 Bn 4.40 Bn - -301.94%
3 Olin 2.69 Bn 2.50 Bn 75.80 Mn 29.84%
4 Braskem 1.98 Bn -218.50 Mn - -
5 Rex American Resources 1.49 Bn 1.21 Bn 28.91 Mn -85.04%
6 Green Plains 1.18 Bn 1.01 Bn 87.95 Mn 8.02%
7 Tronox Holdings 1.02 Bn 1.04 Bn 44.00 Mn -
8 Lsb Industries 880.78 Mn 699.14 Mn 35.79 Mn -11.96%
9 Westlake Chemical Partners 775.06 Mn 730.77 Mn 93.76 Mn 0.22%
10 AdvanSix 576.85 Mn 559.27 Mn 3.80 Mn 24.67%

Historic Data

Download Data
DateValue
Mar 31, 2026 0.22%
Mar 31, 2026 0.22%
Mar 31, 2026 0.22%
Dec 31, 2025 0.23%
Dec 31, 2025 0.23%
Dec 31, 2025 0.23%
Sep 30, 2025 0.05%
Sep 30, 2025 0.05%
Sep 30, 2025 0.05%
Jun 30, 2025 0.24%
Jun 30, 2025 0.24%
Jun 30, 2025 0.24%
Mar 31, 2025 0.25%
Mar 31, 2025 0.25%
Mar 31, 2025 0.25%
Dec 31, 2024 0.23%
Dec 31, 2024 0.23%
Dec 31, 2024 0.23%
Sep 30, 2024 0.21%
Sep 30, 2024 0.21%