Company Analysis

Westlake Chemical Partners Lp (WLKP)

NYSE: WLKP · Industrial Organic Chemicals · Houston, TX · filing with the SEC since 2014
Grade5.8
◀ Past 5.9● Present 4.9▶ Future 6.9
2 est.

Income statement, as filed

In thousands of US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.
Income statement, by fiscal year, newest first
Fiscal yearFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Period endingDec 31, 2025Dec 31, 2024Dec 31, 2023Dec 31, 2022Dec 31, 2021Dec 31, 2020Dec 31, 2019Dec 31, 2018Dec 31, 2017Dec 31, 2016
Report filedMar 4, 2026Mar 5, 2025Feb 28, 2024Mar 1, 2023Mar 2, 2022Mar 2, 2021Feb 28, 2020Mar 1, 2019Mar 1, 2018Mar 7, 2017
Revenue1,166,6951,135,8961,190,7911,593,1471,214,858966,6701,091,8711,285,6221,172,981986,736
Cost of revenue818,847716,957803,3321,215,782773,152587,787712,443908,463769,314595,405
Gross profit347,848418,939387,459377,365441,706378,883379,428377,159403,667391,331
Selling, general and administrative28,27128,49529,75129,67831,01825,89529,27827,59029,26024,887
Operating income319,577390,444357,708347,687410,688352,988350,150349,569374,407366,444
Interest expense22,89925,70126,50113,407······
Total non-operating income (expense)2,4455,2514,2321,566627333,0962,4571,792601
Income before income taxes299,123369,994335,439335,846401,934341,683333,623330,593354,338354,438
Income tax expense5478358131,017549564728221,2801,035
Net income including non-controlling interests298,576369,159334,626334,829401,385341,119332,895330,571353,058353,403
Net income to non-controlling interests249,878306,767280,343270,656318,838274,952271,914281,224304,388312,463
Net income48,69862,39254,28364,17382,54766,16760,98149,34748,67040,940
Weighted average shares, basic and diluted····35,206,33335,195,27134,488,05832,240,85828,392,47027,059,730
As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. r restated by the company in a later report; b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.
What each line is, and the XBRL concept behind it
Revenue what customers paid for what it soldus-gaap:Revenues
us-gaap:SalesRevenueNet
Cost of revenue what it cost to make or buy what it soldus-gaap:CostOfGoodsAndServicesSold
us-gaap:CostOfGoodsSold
Gross profit revenue less the cost of what it soldus-gaap:GrossProfit
Selling, general and administrative the cost of selling and of running the companyus-gaap:SellingGeneralAndAdministrativeExpense
Operating income profit from running the business, before interest and taxus-gaap:OperatingIncomeLoss
Interest expense what its borrowing costus-gaap:InterestExpenseNonoperating
Total non-operating income (expense) everything outside the business, togetherus-gaap:NonoperatingIncomeExpense
Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit
Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss
Net income to non-controlling interests the share that belongs to minority holdersus-gaap:NetIncomeLossAttributableToNoncontrollingInterest
Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss
Weighted average shares, basic and diluted the average count, where both counts are the sameus-gaap:WeightedAverageNumberOfShareOutstandingBasicAndDiluted
SI Assistanton WLKP · research, not advice