Westlake Chemical Partners LP Quarterly Income Statements Chart
Quarterly
|
Annual
Westlake Chemical Partners LP Quarterly Income Statements Table
Quarterly
|
Annual
| Unit: USD | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 | 2016-06-30 | 2016-03-31 | 2015-12-31 | 2015-09-30 | 2015-06-30 | 2015-03-31 | 2014-12-31 | 2014-09-30 | 2014-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| revenue | |||||||||||||||||||||||||||||||||||||||||||||
| net sales—westlake | 269,076,000 | 190,781,000 | 260,266,000 | 215,799,000 | 239,527,000 | 235,209,000 | 255,306,000 | 289,303,000 | 224,575,000 | 257,471,000 | 322,868,000 | 364,273,000 | 365,112,000 | 290,657,000 | 317,940,000 | 247,887,000 | 240,956,000 | 219,803,000 | 228,223,000 | 217,763,000 | 227,431,000 | 214,828,000 | 233,860,000 | 216,678,000 | 230,047,000 | 257,040,000 | 272,872,000 | 313,381,000 | 253,673,000 | 235,031,000 | 261,113,000 | 258,049,000 | 240,989,000 | 212,930,000 | 246,860,000 | 193,964,000 | 181,635,000 | 231,260,000 | 213,480,000 | 207,856,000 | 204,669,000 | 208,913,000 | 203,528,000 | 289,601,000 | |
| net co-products, ethylene and other sales—third parties | 28,043,000 | 46,848,000 | 29,794,000 | 61,196,000 | 44,641,000 | 49,464,000 | 41,967,000 | 32,361,000 | 39,602,000 | 50,206,000 | 43,971,000 | 50,850,000 | |||||||||||||||||||||||||||||||||
| total net sales | 297,119,000 | 237,629,000 | 290,060,000 | 276,995,000 | 284,168,000 | 284,673,000 | 297,273,000 | 321,664,000 | 264,177,000 | 307,677,000 | 366,839,000 | 415,123,000 | 448,785,000 | 362,400,000 | 330,456,000 | 293,966,000 | 322,229,000 | 268,207,000 | 245,652,000 | 231,969,000 | 238,500,000 | 250,549,000 | 272,798,000 | 249,925,000 | 270,062,000 | 299,086,000 | 335,725,000 | 363,650,000 | 301,975,000 | 284,272,000 | 308,645,000 | 296,775,000 | 290,113,000 | 277,448,000 | 293,937,000 | 229,354,000 | 210,841,000 | 252,604,000 | 248,506,000 | 248,619,000 | 251,705,000 | 258,391,000 | 273,543,000 | 392,008,000 | 524,135,000 |
| cost of sales | 199,587,000 | 183,548,000 | 191,476,000 | 160,052,000 | 182,936,000 | 182,493,000 | 196,590,000 | 228,683,000 | 176,455,000 | 201,604,000 | 268,709,000 | 324,629,000 | 351,483,000 | 270,961,000 | 183,406,000 | 218,038,000 | 191,200,000 | 180,508,000 | 160,738,000 | 131,578,000 | 148,470,000 | 147,001,000 | 169,201,000 | 156,706,000 | 178,104,000 | 208,432,000 | 242,096,000 | 269,743,000 | 204,857,000 | 191,767,000 | 197,913,000 | 201,372,000 | 190,542,000 | 179,487,000 | 188,202,000 | 142,553,000 | 122,460,000 | 142,190,000 | 150,524,000 | 154,474,000 | 157,177,000 | 162,164,000 | 171,584,000 | 227,015,000 | 277,589,000 |
| gross profit | 97,532,000 | 54,081,000 | 98,584,000 | 116,943,000 | 101,232,000 | 102,180,000 | 100,683,000 | 92,981,000 | 87,722,000 | 106,073,000 | 98,130,000 | 90,494,000 | 97,302,000 | 91,439,000 | 147,050,000 | 75,928,000 | 131,029,000 | 87,699,000 | 84,914,000 | 100,391,000 | 90,030,000 | 103,548,000 | 103,597,000 | 93,219,000 | 91,958,000 | 90,654,000 | 93,629,000 | 93,907,000 | 97,118,000 | 92,505,000 | 110,732,000 | 95,403,000 | 99,571,000 | 97,961,000 | 105,735,000 | 86,801,000 | 88,381,000 | 110,414,000 | 97,982,000 | 94,145,000 | 94,528,000 | 96,227,000 | 101,959,000 | 164,993,000 | 246,546,000 |
| yoy | -3.65% | -47.07% | -2.08% | 25.77% | 15.40% | -3.67% | 2.60% | 2.75% | -9.85% | 16.00% | -33.27% | 19.18% | -25.74% | 4.26% | 73.18% | -24.37% | 45.54% | -15.31% | -18.03% | 7.69% | -2.10% | 14.22% | 10.65% | -0.73% | -5.31% | -2.00% | -15.45% | -1.57% | -2.46% | -5.57% | 4.73% | 9.91% | 12.66% | -11.28% | 7.91% | -7.80% | -6.50% | 14.74% | -3.90% | -42.94% | -61.66% | ||||
| qoq | 80.34% | -45.14% | -15.70% | 15.52% | -0.93% | 1.49% | 8.28% | 6.00% | -17.30% | 8.09% | 8.44% | -7.00% | 6.41% | -37.82% | 93.67% | -42.05% | 49.41% | 3.28% | -15.42% | 11.51% | -13.05% | -0.05% | 11.13% | 1.37% | 1.44% | -3.18% | -0.30% | -3.31% | 4.99% | -16.46% | 16.07% | -4.19% | 1.64% | -7.35% | 21.81% | -1.79% | -19.95% | 12.69% | 4.08% | -0.41% | -1.77% | -5.62% | -38.20% | -33.08% | |
| gross margin % | |||||||||||||||||||||||||||||||||||||||||||||
| selling, general and administrative expenses | 6,300,000 | 7,474,000 | 6,559,000 | 7,254,000 | 7,605,000 | 7,077,000 | 7,867,000 | 6,741,000 | 7,229,000 | 7,914,000 | 2,854,000 | 8,678,000 | 9,919,000 | 8,227,000 | 6,284,000 | 7,792,000 | 8,269,000 | 8,673,000 | 7,305,000 | 6,255,000 | 6,139,000 | 6,196,000 | 7,844,000 | 6,822,000 | 7,639,000 | 6,973,000 | 7,173,000 | 5,909,000 | 7,375,000 | 7,133,000 | 7,741,000 | 6,805,000 | 6,886,000 | 7,828,000 | 7,154,000 | 5,788,000 | 5,848,000 | 6,097,000 | 5,724,000 | 5,831,000 | 5,995,000 | 6,000,000 | 6,453,000 | 8,860,000 | 6,165,000 |
| income from operations | 91,232,000 | 46,607,000 | 92,025,000 | 109,689,000 | 93,627,000 | 95,103,000 | 92,816,000 | 86,240,000 | 80,493,000 | 98,159,000 | 95,276,000 | 81,816,000 | 87,383,000 | 83,212,000 | 140,766,000 | 68,136,000 | 122,760,000 | 79,026,000 | 77,609,000 | 94,136,000 | 83,891,000 | 97,352,000 | 95,753,000 | 86,397,000 | 84,319,000 | 83,681,000 | 86,456,000 | 87,998,000 | 89,743,000 | 85,372,000 | 102,991,000 | 88,598,000 | 92,685,000 | 90,133,000 | 98,581,000 | 81,013,000 | 82,533,000 | 104,317,000 | 92,258,000 | 88,314,000 | 88,533,000 | 90,227,000 | 95,506,000 | 156,133,000 | 240,381,000 |
| yoy | -2.56% | -50.99% | -0.85% | 27.19% | 16.32% | -3.11% | -2.58% | 5.41% | -7.88% | 17.96% | -32.32% | 20.08% | -28.82% | 5.30% | 81.38% | -27.62% | 46.33% | -18.82% | -18.95% | 8.96% | -0.51% | 16.34% | 10.75% | -1.82% | -6.04% | -1.98% | -16.05% | -0.68% | -3.17% | -5.28% | 4.47% | 9.36% | 12.30% | -13.60% | 6.85% | -8.27% | -6.78% | 15.62% | -3.40% | -43.44% | -63.17% | ||||
| qoq | 95.75% | -49.35% | -16.10% | 17.16% | -1.55% | 2.46% | 7.63% | 7.14% | -18.00% | 3.03% | 16.45% | -6.37% | 5.01% | -40.89% | 106.60% | -44.50% | 55.34% | 1.83% | -17.56% | 12.21% | -13.83% | 1.67% | 10.83% | 2.46% | 0.76% | -3.21% | -1.75% | -1.94% | 5.12% | -17.11% | 16.25% | -4.41% | 2.83% | -8.57% | 21.69% | -1.84% | -20.88% | 13.07% | 4.47% | -0.25% | -1.88% | -5.53% | -38.83% | -35.05% | |
| operating margin % | |||||||||||||||||||||||||||||||||||||||||||||
| other income | 675,000 | 1,346,000 | 1,335,000 | 1,325,000 | 1,257,000 | 1,334,000 | 1,079,000 | 1,272,000 | 1,061,000 | 820,000 | 883,000 | 618,000 | 90,000 | -25,000 | 10,000 | 24,000 | 21,000 | 7,000 | 8,000 | 17,000 | 123,000 | 585,000 | 563,000 | 565,000 | 1,153,000 | 815,000 | 715,000 | 668,000 | 583,000 | 491,000 | -52,000 | 162,000 | 24,000 | 1,658,000 | 371,000 | -13,000 | 159,000 | 84,000 | 195,000 | -73,000 | 33,000 | 5,000 | 16,000 | 486,000 | 1,397,000 |
| interest expense—westlake | -5,907,000 | -5,537,000 | -5,771,000 | -6,698,000 | -6,651,000 | -6,581,000 | -6,632,000 | -6,437,000 | -6,117,000 | -7,315,000 | -4,704,000 | -3,645,000 | -2,859,000 | -2,199,000 | -2,166,000 | -2,190,000 | -2,224,000 | -2,236,000 | -2,337,000 | -2,320,000 | -3,431,000 | -3,950,000 | -4,187,000 | -4,411,000 | -5,125,000 | -5,900,000 | -5,381,000 | -5,639,000 | -5,547,000 | -4,866,000 | -4,269,000 | -6,190,000 | -5,942,000 | -5,460,000 | -5,226,000 | -4,947,000 | -1,203,000 | -1,231,000 | -1,173,000 | -1,054,000 | -1,364,000 | -1,376,000 | -666,000 | -2,137,000 | -4,105,000 |
| income before income taxes | 86,000,000 | 42,416,000 | 87,589,000 | 104,316,000 | 88,233,000 | 89,856,000 | 87,263,000 | 81,075,000 | 75,437,000 | 91,664,000 | 91,455,000 | 78,789,000 | 84,614,000 | 80,988,000 | 138,610,000 | 65,970,000 | 120,557,000 | 76,797,000 | 75,280,000 | 91,833,000 | 80,583,000 | 93,987,000 | 92,129,000 | 82,551,000 | 80,347,000 | 78,596,000 | 81,790,000 | 83,027,000 | 84,779,000 | 80,997,000 | 98,670,000 | 82,570,000 | 86,767,000 | 86,331,000 | 93,726,000 | 76,053,000 | 81,489,000 | 103,170,000 | 91,280,000 | 87,187,000 | 87,202,000 | 88,856,000 | 94,856,000 | 154,482,000 | 237,673,000 |
| benefit from income taxes | 205,000 | 107,000 | 202,000 | 216,000 | 207,000 | 210,000 | 206,000 | 222,000 | 173,000 | 212,000 | 303,000 | 283,000 | 355,000 | 325,000 | 297,000 | 303,000 | 145,000 | 194,000 | 297,000 | 399,000 | 105,000 | 141,000 | 467,000 | 927,000 | 36,309,000 | 83,829,000 | |||||||||||||||||||
| net income | 85,795,000 | 42,309,000 | 87,387,000 | 104,100,000 | 88,026,000 | 89,646,000 | 87,057,000 | 80,853,000 | 75,264,000 | 91,452,000 | 91,260,000 | 78,305,000 | 84,439,000 | 80,825,000 | 138,394,000 | 66,075,000 | 120,294,000 | 76,622,000 | 75,124,000 | 91,848,000 | 80,377,000 | 93,770,000 | 91,910,000 | 82,479,000 | 80,110,000 | 78,396,000 | 81,582,000 | 83,799,000 | 84,476,000 | 80,714,000 | 98,315,000 | 82,245,000 | 86,470,000 | 86,028,000 | 93,581,000 | 75,859,000 | 81,192,000 | 102,771,000 | 91,175,000 | 87,046,000 | 87,243,000 | 88,389,000 | 93,929,000 | 118,173,000 | 153,844,000 |
| yoy | -2.53% | -52.80% | 0.38% | 28.75% | 16.96% | -1.97% | -4.61% | 3.25% | -10.87% | 13.15% | -34.06% | 18.51% | -29.81% | 5.49% | 84.22% | -28.06% | 49.66% | -18.29% | -18.26% | 11.36% | 0.33% | 19.61% | 12.66% | -1.58% | -5.17% | -2.87% | -17.02% | 1.89% | -2.31% | -6.18% | 5.06% | 8.42% | 6.50% | -16.29% | 2.64% | -12.85% | -6.94% | 16.27% | -2.93% | -26.34% | -43.29% | ||||
| qoq | 102.78% | -51.58% | -16.05% | 18.26% | -1.81% | 2.97% | 7.67% | 7.43% | -17.70% | 0.21% | 16.54% | -7.26% | 4.47% | -41.60% | 109.45% | -45.07% | 57.00% | 1.99% | -18.21% | 14.27% | -14.28% | 2.02% | 11.43% | 2.96% | 2.19% | -3.91% | -2.65% | -0.80% | 4.66% | -17.90% | 19.54% | -4.89% | 0.51% | -8.07% | 23.36% | -6.57% | -21.00% | 12.72% | 4.74% | -0.23% | -1.30% | -5.90% | -20.52% | -23.19% | |
| net income margin % | |||||||||||||||||||||||||||||||||||||||||||||
| less: net income attributable to noncontrolling interest in opco | 71,237,000 | 37,361,000 | 72,391,000 | 85,964,000 | 73,599,000 | 74,813,000 | 72,758,000 | 67,647,000 | 63,378,000 | 76,560,000 | 74,476,000 | 63,548,000 | 68,001,000 | 64,631,000 | 108,882,000 | 53,285,000 | 95,195,000 | 61,476,000 | 60,099,000 | 73,313,000 | 65,517,000 | 76,023,000 | 74,539,000 | 67,557,000 | 66,377,000 | 63,441,000 | 69,699,000 | 71,387,000 | 71,719,000 | 68,419,000 | 82,769,000 | 68,860,000 | 76,495,000 | 76,264,000 | 82,730,000 | 67,198,000 | 71,848,000 | 90,687,000 | 80,390,000 | 76,943,000 | 76,800,000 | 79,889,000 | 85,367,000 | 49,542,000 | |
| net income attributable to westlake chemical partners lp and limited partners' interest in net income | 14,558,000 | 4,948,000 | 14,996,000 | 18,136,000 | 14,427,000 | 14,833,000 | 14,299,000 | 13,206,000 | 11,886,000 | 14,892,000 | 16,784,000 | 14,757,000 | 16,438,000 | 16,194,000 | 29,512,000 | 12,790,000 | 25,099,000 | 15,146,000 | 15,025,000 | 18,535,000 | 14,860,000 | 17,747,000 | |||||||||||||||||||||||
| net income per limited partner unit attributable to westlake chemical partners lp | |||||||||||||||||||||||||||||||||||||||||||||
| common units | 410 | 140 | 420 | 510 | 410 | 420 | 400 | 370 | 340 | 420 | 470 | 420 | 470 | 460 | 830 | 360 | 710 | 430 | 430 | 530 | 430 | 500 | 500 | 420 | 390 | 460 | 370 | 380 | 400 | 360 | 490 | 470 | 360 | 350 | 390 | 320 | 340 | 450 | 400 | 370 | 390 | 310 | 310 | 190 | |
| weighted-average limited partner units outstanding | |||||||||||||||||||||||||||||||||||||||||||||
| common units—publicly and privately held | 21,116,326,000 | 21,116,326,000 | 1,909,000 | 21,112,943,000 | 21,107,299,000 | 21,105,904,000 | 1,278,000 | 21,103,180,000 | 21,099,638,000 | 21,099,638,000 | 1,528,000 | 21,096,317,000 | 21,086,988,000 | 21,092,186,000 | 2,724,000 | 21,087,746,000 | 21,079,657,000 | 21,076,673,000 | 726,000 | 21,072,315,000 | 21,072,315,000 | 21,072,315,000 | 237,053,000 | 21,065,959,000 | 21,065,959,000 | 18,223,168,000 | |||||||||||||||||||
| common units—westlake | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 14,122,230,000 | 2,120,018,000 | 14,122,230,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | 1,436,115,000 | |||||||||||
| income tax benefit | 205,500 | 484,000 | 83,250 | -105,000 | 102,000 | -15,000 | 127,250 | 72,000 | -46,500 | -772,000 | |||||||||||||||||||||||||||||||||||
| net income per limited partner unit attributable to westlake chemical partners lp per limited partner unit | |||||||||||||||||||||||||||||||||||||||||||||
| net co-product, ethylene and other sales—third parties | 83,673,000 | 71,743,000 | 43,939,000 | 46,079,000 | 81,273,000 | 48,404,000 | 15,249,000 | 14,206,000 | 11,069,000 | 35,721,000 | 28,827,000 | 33,247,000 | 40,015,000 | 42,046,000 | 36,953,000 | 50,269,000 | 48,302,000 | 49,241,000 | 38,092,000 | 38,726,000 | 49,124,000 | 64,518,000 | 21,485,000 | 35,390,000 | 29,206,000 | ||||||||||||||||||||
| income tax provision | 175,000 | 163,000 | 263,000 | 175,000 | 206,000 | 217,000 | 237,000 | 200,000 | |||||||||||||||||||||||||||||||||||||
| net income attributable to westlake chemical partners lp | 10,902,500 | 14,922,000 | 13,733,000 | 14,955,000 | 9,366,000 | 12,412,000 | 12,757,000 | 12,295,000 | 8,281,000 | 13,385,000 | 9,975,000 | 9,764,000 | 7,522,250 | 8,661,000 | 9,344,000 | 12,084,000 | 10,443,000 | 8,500,000 | |||||||||||||||||||||||||||
| subordinated units | 360 | 360 | 350 | 390 | 320 | 340 | 450 | 400 | 370 | 390 | 310 | 310 | 190 | ||||||||||||||||||||||||||||||||
| common units—public | 2,195,000 | 18,119,980,000 | 18,115,036,000 | 18,115,036,000 | 1,294,828,000 | 13,050,000,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | 12,937,500,000 | ||||||||||||||||||||||||||||||
| subordinated units—westlake | -2,120,018,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | 12,686,115,000 | |||||||||||||||||||||||||||||||||||
| distributions per common unit | 397.5 | 386.4 | 375.1 | 365 | 354.9 | 345 | 340 | 330 | |||||||||||||||||||||||||||||||||||||
| net co-product, ethylene and feedstock sales—third parties | 21,344,000 | 34,319,250 | 40,763,000 | 47,036,000 | 49,478,000 | 96,899,000 | 102,407,000 | 109,102,000 | |||||||||||||||||||||||||||||||||||||
| net income attributable to westlake chemical partners lp per limited partner unit | |||||||||||||||||||||||||||||||||||||||||||||
| less: predecessor net income prior to initial public offering on august 4, 2014 | 63,616,000 | ||||||||||||||||||||||||||||||||||||||||||||
| net income subsequent to initial public offering | 91,175,000 | 87,046,000 | 93,929,000 | 54,557,000 | |||||||||||||||||||||||||||||||||||||||||
| net income attributable to westlake chemical partners lp subsequent to initial public offering | 7,261,500 | 10,103,000 | |||||||||||||||||||||||||||||||||||||||||||
| (benefit from) benefit from income taxes | -41,000 | ||||||||||||||||||||||||||||||||||||||||||||
| net income attributable to westlake chemical partners lp subsequent to initial public offering and limited partners' interest in net income | 8,562,000 | 5,015,000 | |||||||||||||||||||||||||||||||||||||||||||
| net income attributable to westlake chemical partners lp subsequent to initial public offering per limited partner unit | |||||||||||||||||||||||||||||||||||||||||||||
| net ethylene sales—westlake | 415,033,000 |
We provide you with 20 years income statements for Westlake Chemical Partners LP stock, allowing you to gain comprehensive visibility into the fundamentals of the company. Our detailed breakdowns include key financial metrics such as earnings, sales and marketing expenses, research and development costs, profits, and profit margins. This in-depth information is essential for making informed investment decisions and understanding the financial health and performance of Westlake Chemical Partners LP stock. Explore the full financial landscape of Westlake Chemical Partners LP stock with our expertly curated income statements.
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