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
DateValue
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%