Westlake Chemical Partners LP
WLKPBasic MaterialsNASDAQChemicals
Scan Results
Daily timeframeWestlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The $802.5M market capitalization puts WLKP squarely in small-cap range for its industry. It's ethylene production facilities which primarily convert ethane into ethylene.
Market Cap
$802.5M
Beta
0.51
P/E (TTM)
13.88
P/E (Fwd)
12.27
EPS (TTM)
$1.64
EPS (Fwd)
$1.86
ROE
42.4%
ROA
17.2%
Cash
$44.3M
Total Debt
$399.7M
Free CF
$224.7M
52W Change
2.9%
Annual Financials
Cash vs Debt
The company holds $44.3M in cash, though total debt stands at $399.7M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. The company generates $224.7M in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. Return on equity stands at 42.4%, which is exceptionally high for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. Return on assets of 17.2% further supports the picture of efficient asset utilization. Revenue has been relatively flat, moving from $1.21B (2021) to $1.17B (2025).
The relatively low beta of 0.51 suggests WLKP is a less volatile holding compared to the broader index. Westlake Chemical Partners LP carries a heavier debt load relative to its cash position, which introduces financial risk that investors should weigh. These risk factors are not exhaustive — macroeconomic shifts, regulatory changes, and competitive dynamics can all influence Westlake Chemical Partners LP's trajectory.