Westlake Chemical Partners LP Operating Margin Growth & History (WLKP)
Westlake Chemical Partners LP's operating margin was 27.39% for fiscal 2025.
View full Westlake Chemical Partners LP company overviewWestlake Chemical Partners LP annual operating margin history
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 27.39% | −6.98 pp |
| 2024 | 2024-12-31 | 34.37% | +4.33 pp |
| 2023 | 2023-12-31 | 30.04% | −108.90 pp |
| 2022 | 2022-12-31 | 138.94% | −79.19 pp |
| 2021 | 2021-12-31 | 218.14% | −231.96 pp |
| 2020 | 2020-12-31 | 450.10% | +223.09 pp |
| 2019 | 2019-12-31 | 227.01% | +199.82 pp |
| 2018 | 2018-12-31 | 27.19% | −4.73 pp |
| 2017 | 2017-12-31 | 31.92% | −5.22 pp |
| 2016 | 2016-12-31 | 37.14% | +1.46 pp |
| 2015 | 2015-12-31 | 35.68% | −5.28 pp |
| 2014 | 2014-12-31 | 40.95% | — |
Westlake Chemical Partners LP quarterly operating margin
Q2.13
Q2.14
Q3.14
Q4.14
Q1.15
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Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
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Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
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Q4.21
Q1.22
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Q4.22
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Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 29.39% | −1.32 pp |
| Q1 2026 | 2026-03-31 | 28.32% | +8.71 pp |
| Q4 2025 | 2025-12-31 | 27.78% | −3.94 pp |
| Q3 2025 | 2025-09-30 | 29.78% | −9.82 pp |
| Q2 2025 | 2025-06-30 | 30.71% | −2.24 pp |
| Q1 2025 | 2025-03-31 | 19.61% | −13.79 pp |
| Q4 2024 | 2024-12-31 | 31.73% | +14.99 pp |
| Q3 2024 | 2024-09-30 | 39.60% | +12.79 pp |
| Q2 2024 | 2024-06-30 | 32.95% | +2.48 pp |
| Q1 2024 | 2024-03-31 | 33.41% | −162.10 pp |
| Q4 2023 | 2023-12-31 | 16.73% | −199.95 pp |
| Q3 2023 | 2023-09-30 | 26.81% | −134.09 pp |
| Q2 2023 | 2023-06-30 | 30.47% | −73.96 pp |
| Q1 2023 | 2023-03-31 | 195.51% | +79.53 pp |
| Q4 2022 | 2022-12-31 | 216.68% | −908.01 pp |
| Q3 2022 | 2022-09-30 | 160.90% | +13.03 pp |
| Q2 2022 | 2022-06-30 | 104.43% | −46.61 pp |
| Q1 2022 | 2022-03-31 | 115.99% | −47.28 pp |
| Q4 2021 | 2021-12-31 | 1,124.69% | +1093.10 pp |
| Q3 2021 | 2021-09-30 | 147.87% | −514.78 pp |
| Q2 2021 | 2021-06-30 | 151.05% | +115.87 pp |
| Q1 2021 | 2021-03-31 | 163.26% | +124.41 pp |
| Q4 2020 | 2020-12-31 | 31.59% | −3.51 pp |
| Q3 2020 | 2020-09-30 | 662.65% | +628.08 pp |
| Q2 2020 | 2020-06-30 | 35.17% | +3.95 pp |
| Q1 2020 | 2020-03-31 | 38.86% | +10.88 pp |
| Q4 2019 | 2019-12-31 | 35.10% | +9.35 pp |
| Q3 2019 | 2019-09-30 | 34.57% | +10.37 pp |
| Q2 2019 | 2019-06-30 | 31.22% | +1.50 pp |
| Q1 2019 | 2019-03-31 | 27.98% | −2.05 pp |
| Q4 2018 | 2018-12-31 | 25.75% | −7.62 pp |
| Q3 2018 | 2018-09-30 | 24.20% | −5.66 pp |
| Q2 2018 | 2018-06-30 | 29.72% | −2.23 pp |
| Q1 2018 | 2018-03-31 | 30.03% | −2.45 pp |
| Q4 2017 | 2017-12-31 | 33.37% | −0.17 pp |
| Q3 2017 | 2017-09-30 | 29.85% | −5.47 pp |
| Q2 2017 | 2017-06-30 | 31.95% | −7.20 pp |
| Q1 2017 | 2017-03-31 | 32.49% | −8.81 pp |
| Q4 2016 | 2016-12-31 | 33.54% | −3.59 pp |
| Q3 2016 | 2016-09-30 | 35.32% | −0.20 pp |
| Q2 2016 | 2016-06-30 | 39.14% | +3.97 pp |
| Q1 2016 | 2016-03-31 | 41.30% | +6.38 pp |
| Q4 2015 | 2015-12-31 | 37.13% | +2.21 pp |
| Q3 2015 | 2015-09-30 | 35.52% | −4.31 pp |
| Q2 2015 | 2015-06-30 | 35.17% | −10.69 pp |
| Q1 2015 | 2015-03-31 | 34.92% | — |
| Q4 2014 | 2014-12-31 | 34.91% | — |
| Q3 2014 | 2014-09-30 | 39.83% | — |
| Q2 2014 · Jun 30 | 2014-06-30 | 45.86% | +1.77 pp |
| Q2 2013 | 2013-06-30 | 44.09% | — |
Westlake Chemical Partners LP operating margin trends
Over the last five fiscal years, Westlake Chemical Partners LP's operating margin decreased from 450.10% to 27.39%, a change of −422.70 percentage points. The latest reported quarter, Q2 2026, shows 29.39%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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