Westlake Chemical Partners LP Operating Margin History
WLKP / Materials|10 years of SEC 10-K data (FY2015-FY2024)
34.4% in FY2024 with a 5-year CAGR of +2.3%. Top quartile in the Materials sector.
Improved from 21.8% to 34.4% over the past 2 years.
Among 78 Materials companies, Westlake Chemical Partners LP is in the top 6% for operating margin. Operating Margin has fluctuated over the past 10 years, ranging from 21.8% in FY2022 to 37.1% in FY2016.
Based on SEC 10-K filings.
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
- 3-Year Change
- +0.6pp
- 5-Year Change
- +2.3pp
- 10-Year Change
- -
Operating Margin Trend
Top 6% in MaterialsTop 6% of 78This company 34.4% Sector average -0.5%
▼
+6495.7% above sector average
Key Insights
- In FY2024, operating margin increased 14.4% year-over-year.
- Currently 34.9pp above the Materials sector average.
- Peak operating margin was recorded in FY2016.
- Lowest operating margin in the period was in FY2022.
Annual Data
| Year | Operating Margin | YoY Growth |
|---|---|---|
| FY2024 | 34.4% | +14.4% |
| FY2023 | 30.0% | +37.6% |
| FY2022 | 21.8% | -35.4% |
| FY2021 | 33.8% | -7.4% |
| FY2020 | 36.5% | +13.9% |
| FY2019 | 32.1% | +17.9% |
| FY2018 | 27.2% | -14.8% |
| FY2017 | 31.9% | -14.0% |
| FY2016 | 37.1% | +4.1% |
| FY2015 | 35.7% | -12.9% |
As of FY2024 · SEC 10-K · Updated Feb 28, 2026