Westlake Chemical Partners LP (NYSE:WLKP) — Market Cap & Net Worth
Market Cap & Net Worth: Westlake Chemical Partners LP (WLKP)
Westlake Chemical Partners LP (NYSE:WLKP) has a market capitalization of $779.64 Million ($779.64 Million) as of May 8, 2026. Listed on the NYSE stock exchange, this USA-based company holds position #10338 globally and #2591 in its home market, demonstrating a 2.76% increase in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Westlake Chemical Partners LP's stock price $23.45 by its total outstanding shares 35245879 (35.25 Million). Analyse Westlake Chemical Partners LP cash flow conversion to see how efficiently the company converts income to cash.
Westlake Chemical Partners LP Market Cap History: 2015 to 2026
Westlake Chemical Partners LP's market capitalization history from 2015 to 2026. Data shows growth from $396.02 Million to $826.52 Million (9.32% CAGR).
Westlake Chemical Partners LP Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Westlake Chemical Partners LP's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.57x
Westlake Chemical Partners LP's market cap is 0.57 times its annual revenue
Latest Price to Earnings (P/E) Ratio
2.24x
Westlake Chemical Partners LP's market cap is 2.24 times its annual earnings
What These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2016 | $412.23 Million | $986.74 Million | $40.94 Million | 0.42x | 10.07x |
| 2017 | $504.34 Million | $1.17 Billion | $48.67 Million | 0.43x | 10.36x |
| 2018 | $522.25 Million | $1.29 Billion | $49.35 Million | 0.41x | 10.58x |
| 2019 | $619.09 Million | $1.09 Billion | $60.98 Million | 0.57x | 10.15x |
| 2020 | $613.94 Million | $966.67 Million | $66.17 Million | 0.64x | 9.28x |
| 2021 | $744.02 Million | $1.21 Billion | $82.55 Million | 0.61x | 9.01x |
| 2022 | $701.08 Million | $1.59 Billion | $64.17 Million | 0.44x | 10.92x |
| 2023 | $701.82 Million | $1.19 Billion | $54.28 Million | 0.59x | 12.93x |
| 2024 | $815.59 Million | $1.14 Billion | $62.39 Million | 0.72x | 13.07x |
| 2025 | $669.67 Million | $1.17 Billion | $298.58 Million | 0.57x | 2.24x |
Competitor Companies of WLKP by Market Capitalization
Companies near Westlake Chemical Partners LP in the global market cap rankings as of May 8, 2026.
Key companies related to Westlake Chemical Partners LP by market ranking:
- BASF SE (F:BASA): Ranked #537 globally with a market cap of $49.38 Billion USD ( €42.24 Billion EUR).
- BASF SE (XETRA:BAS): Ranked #580 globally with a market cap of $45.45 Billion USD ( €38.87 Billion EUR).
- Ningxia Baofeng Energy Group Co Ltd (SHG:600989): Ranked #821 globally with a market cap of $32.36 Billion USD ( CN¥221.17 Billion CNY).
- Hengli Petrochemical Co Ltd (SHG:600346): Ranked #1105 globally with a market cap of $23.54 Billion USD ( CN¥160.84 Billion CNY).
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #537 | BASF SE | F:BASA | $49.38 Billion | €12.90 |
| #580 | BASF SE | XETRA:BAS | $45.45 Billion | €52.52 |
| #821 | Ningxia Baofeng Energy Group Co Ltd | SHG:600989 | $32.36 Billion | CN¥30.16 |
| #1105 | Hengli Petrochemical Co Ltd | SHG:600346 | $23.54 Billion | CN¥22.85 |
Westlake Chemical Partners LP Historical Marketcap From 2015 to 2026
Between 2015 and today, Westlake Chemical Partners LP's market cap moved from $396.02 Million to $ 826.52 Million, with a yearly change of 9.32%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | $826.52 Million | +23.42% |
| 2025 | $669.67 Million | -17.89% |
| 2024 | $815.59 Million | +16.21% |
| 2023 | $701.82 Million | +0.11% |
| 2022 | $701.08 Million | -5.77% |
| 2021 | $744.02 Million | +21.19% |
| 2020 | $613.94 Million | -0.83% |
| 2019 | $619.09 Million | +18.54% |
| 2018 | $522.25 Million | +3.55% |
| 2017 | $504.34 Million | +22.35% |
| 2016 | $412.23 Million | +4.09% |
| 2015 | $396.02 Million | -- |
End of Day Market Cap According to Different Sources
On May 7th, 2026 the market cap of Westlake Chemical Partners LP was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $779.64 Million USD |
| MoneyControl | $779.64 Million USD |
| MarketWatch | $779.64 Million USD |
| marketcap.company | $779.64 Million USD |
| Reuters | $779.64 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.
About Westlake Chemical Partners LP
Westlake Chemical Partners LP acquires, develops, and operates ethylene production facilities and related assets in the United States. The company's ethylene production facilities which primarily convert ethane into ethylene. It also sells ethylene co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on either a spot or contract basis. Westla… Read more