Westlake Chemical Partners (WLKP) Tax Rate (2013 - 2026)
Westlake Chemical Partners (WLKP) reported Tax Rate of 0.22% for Q1 2026, down 4.0% on a YoY basis from 0.23% in Q1 2025, and down 5.36% quarter-over-quarter from 0.23% in Q4 2025.
Westlake Chemical Partners (WLKP) Tax Rate (2013 - 2026) Analysis & Trends
Westlake Chemical Partners has reported Tax Rate for 14 years, with the latest figure at 0.22% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 4.0% year-over-year to 0.22%; the trailing twelve-month figure through Mar 2026 stood at 0.18% (down 4.0% YoY), and the FY2025 full-year result was 0.18%, down 4.0% from the prior year.
- Tax Rate for Q1 2026 stood at 0.22%, down from 0.23% in the prior quarter.
- The five-year high for Tax Rate was 0.61% in Q3 2022, with the low at 0.05% in Q3 2025.
- Historically, Tax Rate has averaged 0.24% across 5 years, with a median of 0.23% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate surged 77 bps — and 2023, when it slumped 34 bps.
- Westlake Chemical Partners' Tax Rate stood at 0.21% in 2022, then advanced by 11 bps to 0.24% in 2023, then slipped by 2 bps to 0.23% in 2024, then declined by 1 bps to 0.23% in 2025, then fell by 5 bps to 0.22% in 2026.
- The last three Tax Rate figures came in at 0.22% (Q1 2026), 0.23% (Q4 2025), and 0.05% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Celanese | 5.60 Bn | 4.26 Bn | 468.00 Mn | 40.24% |
| 2 | Methanex | 4.42 Bn | 4.43 Bn | - | - |
| 3 | Olin | 2.80 Bn | 2.60 Bn | 75.80 Mn | 29.84% |
| 4 | Rex American Resources | 1.47 Bn | 1.19 Bn | 28.91 Mn | -38.77% |
| 5 | Tronox Holdings | 1.13 Bn | 1.03 Bn | 44.00 Mn | - |
| 6 | Green Plains | 1.02 Bn | 844.99 Mn | 87.95 Mn | 7.98% |
| 7 | Lsb Industries | 860.60 Mn | 678.96 Mn | 35.79 Mn | -12.13% |
| 8 | Westlake Chemical Partners | 818.06 Mn | 773.77 Mn | 93.76 Mn | 0.22% |
| 9 | ASP Isotopes | 776.82 Mn | 496.37 Mn | 1.67 Mn | 0.12% |
| 10 | AdvanSix | 576.58 Mn | 559.00 Mn | 3.80 Mn | 24.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.22% |
| Mar 31, 2026 | 0.22% |
| Dec 31, 2025 | 0.23% |
| Dec 31, 2025 | 0.23% |
| Sep 30, 2025 | 0.05% |
| Sep 30, 2025 | 0.05% |
| Jun 30, 2025 | 0.24% |
| Jun 30, 2025 | 0.24% |
| Mar 31, 2025 | 0.25% |
| Mar 31, 2025 | 0.25% |
| Dec 31, 2024 | 0.23% |
| Dec 31, 2024 | 0.23% |
| Sep 30, 2024 | 0.21% |
| Sep 30, 2024 | 0.21% |
| Jun 30, 2024 | 0.23% |
| Jun 30, 2024 | 0.23% |
| Mar 31, 2024 | 0.23% |
| Mar 31, 2024 | 0.23% |
| Dec 31, 2023 | 0.24% |
| Dec 31, 2023 | 0.24% |