$21.15

+0.02 (+0.09%)

After Hours: $21.02 (-0.12, -0.59%)

Weekly Expected Move ±1.5%

$21 $21 $21 $21 $22

NYSE · Basic Materials · Chemicals · Tech Score Sell · Power 39 · $745.5M mcap · 19M float · 0.141% daily turnover · Short 51% of daily vol

Credit Risk of going bust: lower than 84% of companies Debt: 34.9% of company value Bonds: none of note held by US funds details ▾

Of US companies ranked in the safest four tenths, about 1 in 3,500 filed for bankruptcy within a year (2020-2025).
If the stock fell to about $0.46 (down 98%), Westlake Chemical Partners LP would be worth roughly what it owes.
Total debt $399.7M against a stock market value of $744.7M.
Distance to default 10.75 (Merton model): prices to 2026-10-26, balance sheet 2026-06-30, debt counted $199.8M (short-term plus half of long-term), stock volatility 18.4%; Altman Z 3.09. A ranking and a back-test, not a forecast.
US fund filings (SEC N-PORT) show under $25M of this company's bonds, so there is no bond page. Its debt may be bank loans or privately placed. How these are computed.

Revenue Segmentation

By Product / Service

Revenue by Segment (5-Year Trend)

Income Trends

Revenue

$1.2B +2.7% ▲

5Y CAGR: +3.8%

Gross Profit

$348M -17.0% ▼

5Y CAGR: -1.7%

Operating Income

$320M -18.2% ▼

5Y CAGR: -2.0%

Net Income

$299M +378.5% ▲

5Y CAGR: +35.2%

EPS (Diluted)

$8.47 +378.5% ▲

5Y CAGR: -2.7%

EBITDA

$450M -11.3% ▼

5Y CAGR: -0.3%

Profit Margins

Year-over-Year Growth

View Full Income Statement

Line Item	FY2021	FY2022	FY2023	FY2024	FY2025
Revenue	$1.2B	$1.6B	$1.2B	$1.1B	$1.2B
YoY Growth	+25.7%	+31.1%	-25.3%	-4.6%	+2.7%
Cost of Revenue	$773M	$1.2B	$803M	$717M	$819M
Gross Profit	$442M	$377M	$387M	$419M	$348M
Gross Margin	36.4%	23.7%	32.5%	36.9%	29.8%
R&D Expenses	$0	$0	$0	$0	$0
SG&A Expenses	$31M	$30M	$30M	$28M	$28M
Operating Expenses	$31M	$30M	$30M	$28M	$28M
Operating Income	$411M	$348M	$358M	$390M	$320M
Operating Margin	33.8%	21.8%	30.0%	34.4%	27.4%
Interest Expense	$9M	$13M	$27M	$26M	$23M
Income Before Tax	$402M	$336M	$335M	$370M	$299M
Tax Expense	$549K	$1M	$813K	$835K	$547K
Net Income	$83M	$64M	$54M	$62M	$299M
Net Margin	6.8%	4.0%	4.6%	5.5%	25.6%
EPS (Diluted)	$11.40	$9.51	$1.54	$1.77	$8.47
EBITDA	$520M	$470M	$472M	$508M	$450M
Shares Outstanding	35M	35M	35M	35M	35M

Line Item	FY2024 Q3	FY2024 Q4	FY2025 Q1	FY2025 Q2	FY2025 Q3	FY2025 Q4	FY2026 Q1	FY2026 Q2
Revenue	$277M	$290M	$238M	$297M	$309M	$323M	$306M	$297M
Cost of Revenue	$160M	$191M	$184M	$200M	$209M	$226M	$212M	$202M
Gross Profit	$117M	$99M	$54M	$98M	$99M	$97M	$94M	$95M
Gross Margin	42.2%	34.0%	22.8%	32.8%	32.2%	30.0%	30.7%	31.9%
R&D Expenses	$0	$0	$0	$0	$0	$0	$0	$0
SG&A Expenses	$7M	$7M	$7M	$6M	$7M	$7M	$7M	$7M
Operating Expenses	$7M	$7M	$7M	$6M	$7M	$7M	$7M	$7M
Operating Income	$110M	$92M	$47M	$91M	$92M	$90M	$87M	$87M
Operating Margin	39.6%	31.7%	19.6%	30.7%	29.8%	27.8%	28.3%	29.4%
Interest Expense	$7M	$6M	$6M	$6M	$29M	$6M	-$5M	$5M
Income Before Tax	$104M	$88M	$42M	$86M	$86M	$84M	$82M	$83M
Tax Expense	$216K	$202K	$107K	$205K	$42K	$193K	$177K	$178K
Net Income	$18M	$15M	$5M	$15M	$15M	$84M	$14M	$14M
Net Margin	6.5%	5.2%	2.1%	4.9%	4.7%	26.1%	4.6%	4.8%
EPS (Diluted)	$0.51	$0.43	$0.14	$2.44	$0.42	$2.39	$0.40	$0.40
EBITDA	$139M	$121M	$47M	$107M	$114M	$125M	$121M	$122M
Shares Outstanding	35M	35M	35M	35M	35M	35M	35M	36M

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