WLKP: Westlake Chemical Partners Lp Financial Statements
Balance sheet, income statement, and cash flow statements for Westlake Chemical Partners Lp (WLKP).
$815.42M Market Cap.
WLKP Market Cap. (MRY)
WLKP Shares Outstanding (MRY)
WLKP Assets (MRY)
Total Assets
$1.29B
Total Liabilities
$458.64M
Total Investments
$0
WLKP Income (MRY)
Revenue
$1.14B
Net Income
$62.39M
Operating Expense
$28.50M
WLKP Cash Flow (MRY)
CF Operations
$485.00M
CF Investing
-$88.97M
CF Financing
-$396.33M
WLKP Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $1,287,956,000 (-2.19%) | $1,316,842,000 (-4.02%) | $1,371,979,000 (-7.34%) | $1,480,698,000 (9.16%) |
Assets Current | $240,926,000 (6.51%) | $226,203,000 (-7.97%) | $245,793,000 (-12.59%) | $281,210,000 (6.80%) |
Assets Non-Current | $1,047,030,000 (-4.00%) | $1,090,639,000 (-3.16%) | $1,126,186,000 (-6.11%) | $1,199,488,000 (9.72%) |
Goodwill & Intangible Assets | $5,814,000 (0.00%) | $5,814,000 (0.00%) | $5,814,000 (0.00%) | $5,814,000 (0.00%) |
Shareholders Equity | $276,129,000 (-1.36%) | $279,934,000 (-4.11%) | $291,930,000 (-0.70%) | $293,978,000 (5.98%) |
Property Plant & Equipment Net | $903,588,000 (-4.27%) | $943,843,000 (-4.68%) | $990,213,000 (-5.11%) | $1,043,539,000 (-0.68%) |
Cash & Equivalents | $58,316,000 (-0.52%) | $58,619,000 (-9.51%) | $64,782,000 (279.80%) | $17,057,000 (-0.57%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Inventory | $4,058,000 (-8.44%) | $4,432,000 (-6.00%) | $4,715,000 (-47.01%) | $8,898,000 (156.13%) |
Trade & Non-Trade Receivables | $178,108,000 (9.46%) | $162,710,000 (-7.55%) | $175,991,000 (-30.95%) | $254,859,000 (5.19%) |
Trade & Non-Trade Payables | $38,452,000 (22.63%) | $31,355,000 (-36.53%) | $49,404,000 (7.63%) | $45,901,000 (118.72%) |
Accumulated Retained Earnings (Deficit) | - | - | - | - |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $1,546,000 (-5.27%) | $1,632,000 (-1.45%) | $1,656,000 (8.24%) | $1,530,000 (-0.78%) |
Total Debt | $399,674,000 (0.00%) | $399,674,000 (0.00%) | $399,674,000 (0.00%) | $399,674,000 (0.00%) |
Debt Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Debt Non-Current | $399,674,000 (0.00%) | $399,674,000 (0.00%) | $399,674,000 (0.00%) | $399,674,000 (0.00%) |
Total Liabilities | $458,642,000 (-0.42%) | $460,592,000 (-1.64%) | $468,271,000 (-7.82%) | $508,000,000 (15.10%) |
Liabilities Current | $55,372,000 (-1.71%) | $56,335,000 (-15.84%) | $66,941,000 (-37.32%) | $106,796,000 (168.64%) |
Liabilities Non-Current | $403,270,000 (-0.24%) | $404,257,000 (0.73%) | $401,330,000 (0.03%) | $401,204,000 (-0.10%) |
WLKP Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $1,135,896,000 (-4.61%) | $1,190,791,000 (-25.26%) | $1,593,147,000 (31.14%) | $1,214,858,000 (25.67%) |
Cost of Revenue | $716,957,000 (-10.75%) | $803,332,000 (-33.92%) | $1,215,782,000 (57.25%) | $773,152,000 (31.54%) |
Selling General & Administrative Expense | $28,495,000 (-4.22%) | $29,751,000 (0.25%) | $29,678,000 (-4.32%) | $31,018,000 (19.78%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $28,495,000 (-4.22%) | $29,751,000 (0.25%) | $29,678,000 (-4.32%) | $31,018,000 (19.78%) |
Interest Expense | $25,701,000 (-3.02%) | $26,501,000 (97.67%) | $13,407,000 (52.08%) | $8,816,000 (-26.77%) |
Income Tax Expense | $835,000 (2.71%) | $813,000 (-20.06%) | $1,017,000 (85.25%) | $549,000 (-2.66%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | $369,159,000 (10.32%) | $334,626,000 (-0.06%) | $334,829,000 (-16.58%) | $401,385,000 (17.67%) |
Net Income to Non-Controlling Interests | $306,767,000 (9.43%) | $280,343,000 (3.58%) | $270,656,000 (-15.11%) | $318,838,000 (15.96%) |
Net Income | $62,392,000 (14.94%) | $54,283,000 (-15.41%) | $64,173,000 (-22.26%) | $82,547,000 (24.76%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | $62,392,000 (14.94%) | $54,283,000 (-15.41%) | $64,173,000 (-22.26%) | $82,547,000 (24.76%) |
Weighted Average Shares | $35,232,870 (0.02%) | $35,224,340 (0.02%) | $35,217,336 (0.03%) | $35,206,333 (0.03%) |
Weighted Average Shares Diluted | $35,232,870 (0.02%) | $35,224,340 (0.02%) | $35,217,336 (0.03%) | $35,206,333 (0.03%) |
Earning Before Interest & Taxes (EBIT) | $88,928,000 (8.98%) | $81,597,000 (3.82%) | $78,597,000 (-14.49%) | $91,912,000 (16.69%) |
Gross Profit | $418,939,000 (8.12%) | $387,459,000 (2.67%) | $377,365,000 (-14.57%) | $441,706,000 (16.58%) |
Operating Income | $390,444,000 (9.15%) | $357,708,000 (2.88%) | $347,687,000 (-15.34%) | $410,688,000 (16.35%) |
WLKP Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$88,971,000 (-17.16%) | -$75,937,000 (-532.70%) | -$12,002,000 (81.33%) | -$64,301,000 (-3264.42%) |
Net Cash Flow from Financing | -$396,333,000 (-3.69%) | -$382,225,000 (5.39%) | -$404,009,000 (-17.36%) | -$344,235,000 (8.98%) |
Net Cash Flow from Operations | $485,001,000 (7.30%) | $451,999,000 (-2.53%) | $463,736,000 (13.54%) | $408,439,000 (9.38%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$303,000 (95.08%) | -$6,163,000 (-112.91%) | $47,725,000 (49301.03%) | -$97,000 (96.50%) |
Net Cash Flow - Business Acquisitions and Disposals | -$40,000,000 (-37.38%) | -$29,116,000 (-169.13%) | $42,116,000 (147.74%) | $17,000,000 (-56.41%) |
Net Cash Flow - Investment Acquisitions and Disposals | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Capital Expenditure | -$48,971,000 (-4.59%) | -$46,821,000 (13.48%) | -$54,118,000 (33.33%) | -$81,171,000 (-119.57%) |
Issuance (Repayment) of Debt Securities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$66,435,000 (-0.02%) | -$66,420,000 (-0.01%) | -$66,411,000 (-0.05%) | -$66,379,000 (-0.02%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Depreciation Amortization & Accretion | $111,899,000 (1.54%) | $110,203,000 (-8.98%) | $121,074,000 (11.27%) | $108,814,000 (5.49%) |
WLKP Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 36.90% (13.54%) | 32.50% (37.13%) | 23.70% (-34.89%) | 36.40% (-7.14%) |
Profit Margin | 5.50% (19.57%) | 4.60% (15.00%) | 4.00% (-41.18%) | 6.80% (0.00%) |
EBITDA Margin | 17.70% (9.94%) | 16.10% (28.80%) | 12.50% (-24.24%) | 16.50% (-12.23%) |
Return on Average Equity (ROAE) | 22.50% (17.80%) | 19.10% (-12.79%) | 21.90% (-24.74%) | 29.10% (22.27%) |
Return on Average Assets (ROAA) | 4.80% (17.07%) | 4.10% (-8.89%) | 4.50% (-23.73%) | 5.90% (22.92%) |
Return on Sales (ROS) | 7.80% (13.04%) | 6.90% (40.82%) | 4.90% (-35.53%) | 7.60% (-6.17%) |
Return on Invested Capital (ROIC) | 5.60% (9.80%) | 5.10% (6.25%) | 4.80% (-11.11%) | 5.40% (17.39%) |
Dividend Yield | 8.20% (-5.75%) | 8.70% (8.75%) | 8.00% (14.29%) | 7.00% (-11.39%) |
Price to Earnings Ratio (P/E) | 13.07 (-7.01%) | 14.06 (8.88%) | 12.91 (12.48%) | 11.48 (-9.48%) |
Price to Sales Ratio (P/S) | 0.72 (12.19%) | 0.64 (23.31%) | 0.52 (-33.29%) | 0.78 (-10.37%) |
Price to Book Ratio (P/B) | 2.95 (8.37%) | 2.73 (-3.88%) | 2.83 (-11.87%) | 3.22 (6.35%) |
Debt to Equity Ratio (D/E) | 1.66 (0.97%) | 1.65 (2.56%) | 1.6 (-7.18%) | 1.73 (8.61%) |
Earnings Per Share (EPS) | 1.77 (14.94%) | 1.54 (-15.38%) | 1.82 (-22.22%) | 2.34 (24.47%) |
Sales Per Share (SPS) | 32.24 (-4.63%) | 33.81 (-25.27%) | 45.24 (31.10%) | 34.51 (25.64%) |
Free Cash Flow Per Share (FCFPS) | 12.38 (7.59%) | 11.5 (-1.10%) | 11.63 (25.12%) | 9.3 (-2.75%) |
Book Value Per Share (BVPS) | 7.84 (-1.38%) | 7.95 (-4.13%) | 8.29 (-0.73%) | 8.35 (5.94%) |
Tangible Assets Book Value Per Share (TABVPS) | 36.39 (-2.22%) | 37.22 (-4.05%) | 38.79 (-7.40%) | 41.89 (9.16%) |
Enterprise Value Over EBIT (EV/EBIT) | 13 (0.00%) | 13 (-13.33%) | 15 (7.14%) | 14 (-6.67%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 5.75 (0.59%) | 5.72 (-5.50%) | 6.05 (-8.47%) | 6.61 (-1.06%) |
Asset Turnover | 0.88 (-1.46%) | 0.89 (-19.84%) | 1.11 (28.34%) | 0.87 (23.30%) |
Current Ratio | 4.35 (8.37%) | 4.01 (9.34%) | 3.67 (39.46%) | 2.63 (-60.24%) |
Dividends | $1.89 (0.00%) | $1.89 (0.00%) | $1.89 (0.00%) | $1.89 (0.00%) |
Free Cash Flow (FCF) | $436,030,000 (7.61%) | $405,178,000 (-1.08%) | $409,618,000 (25.16%) | $327,268,000 (-2.72%) |
Enterprise Value (EV) | $1,154,886,186 (5.33%) | $1,096,494,101 (-9.22%) | $1,207,919,898 (-8.97%) | $1,326,886,214 (9.17%) |
Earnings Before Tax (EBT) | $63,227,000 (14.76%) | $55,096,000 (-15.48%) | $65,190,000 (-21.55%) | $83,096,000 (24.52%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $200,827,000 (4.71%) | $191,800,000 (-3.94%) | $199,671,000 (-0.53%) | $200,726,000 (10.34%) |
Invested Capital | $1,568,128,000 (-1.73%) | $1,595,748,000 (-2.35%) | $1,634,116,000 (-6.66%) | $1,750,705,000 (3.38%) |
Working Capital | $185,554,000 (9.23%) | $169,868,000 (-5.02%) | $178,852,000 (2.54%) | $174,414,000 (-21.98%) |
Tangible Asset Value | $1,282,142,000 (-2.20%) | $1,311,028,000 (-4.04%) | $1,366,165,000 (-7.37%) | $1,474,884,000 (9.20%) |
Market Capitalization | $815,420,186 (6.91%) | $762,689,101 (-7.86%) | $827,713,898 (-12.49%) | $945,859,214 (12.73%) |
Average Equity | $277,017,000 (-2.62%) | $284,473,750 (-2.80%) | $292,664,000 (3.09%) | $283,900,750 (2.13%) |
Average Assets | $1,291,522,250 (-3.20%) | $1,334,154,250 (-6.70%) | $1,429,909,500 (2.13%) | $1,400,037,250 (1.99%) |
Invested Capital Average | $1,574,973,250 (-1.16%) | $1,593,453,250 (-1.68%) | $1,620,652,250 (-5.40%) | $1,713,087,750 (0.26%) |
Shares | 35,238,556 (0.03%) | 35,228,134 (0.02%) | 35,221,868 (0.02%) | 35,214,416 (0.06%) |
