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| Date | Value |
|---|---|
| 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% |