Westlake Chemical Partners LP
WLKP
Rank in Stocks
#10126
Westlake Chemical Partners LP concentrates on acquiring, developing, and... Westlake Chemical Partners LP concentrates on acquiring, developing, and operating facilities dedicated to ethylene production, along with related infrastructure, throughout the United States. These plants primarily function by converting ethane into ethylene. Furthermore, the partnership distributes a range of chemical co-products—such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen—directly to external buyers, conducting these sales through either immediate spot transactions or established contractual agreements. Westlake Chemical Partners GP LLC serves as the entity's general partner. The company was founded in 2014 and its corporate headquarters are located in Houston, Texas.
Share Price
$21.01
Last synced: 2026-11-09
Market Cap
$740.52M
Change (1 day)
-0.85%
Change (1 year)
10.29%
Country
Stock data: Financial Modeling Prep·Updated ·Not investment advice·How we calculate this
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Category
Basic Materials
Operating Margin for Westlake Chemical Partners LP (WLKP)
Operating Margin as of November 2026 TTM: 28.80%
According to Westlake Chemical Partners LP's latest financial reports, its current operating margin (TTM) is 28.80%. At the end of 2025 the company had an operating margin of 27.39%.
Operating Margin history for Westlake Chemical Partners LP from 2011 to 2026
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2026 (TTM) | 28.80% | 5.15% |
| 2025 | 27.39% | -20.31% |
| 2024 | 34.37% | 14.41% |
| 2023 | 30.04% | 37.67% |
| 2022 | 21.82% | -35.46% |
| 2021 | 33.81% | -7.42% |
| 2020 | 36.52% | 13.88% |
| 2019 | 32.07% | 17.95% |
| 2018 | 27.19% | -14.82% |
| 2017 | 31.92% | -14.05% |
| 2016 | 37.14% | 4.09% |
| 2015 | 35.68% | -12.87% |
| 2014 | 40.95% | 2.86% |
| 2013 | 39.81% | 46.41% |
| 2012 | 27.19% | 59.10% |
| 2011 | 17.09% | 0.00% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin Difference | Country |
|---|---|---|---|
| 6.22% | -99.78% |
TW
|
|
| 25.36% | -99.12% |
JP
|
|
| 4.23% | -99.85% |
DE
|
|
| 7.07% | -99.75% |
SA
|
|
| 2.91% | -99.90% |
CN
|
What is a company's Operating Margin?
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.
Questions about Westlake Chemical Partners LP's operating margin
What is Westlake Chemical Partners LP's operating margin?
Westlake Chemical Partners LP's operating margin is 28.80%, as of Nov 2026.
What was Westlake Chemical Partners LP's operating margin in 2025?
In 2025, Westlake Chemical Partners LP's operating margin was 27.39%, compared with 34.37% in 2024.
How has Westlake Chemical Partners LP's operating margin changed since 2020?
From 2020 to 2025, Westlake Chemical Partners LP's operating margin was highest in 2020 (36.52%) and lowest in 2022 (21.82%).
How does Westlake Chemical Partners LP's operating margin compare with similar companies?
Westlake Chemical Partners LP's operating margin (28.80%) is higher than that of all 5 similar companies listed above. The highest among them is Shin-Etsu Chemical Co., Ltd., with 25.36%.