WLKP (Westlake Chemical Partners LP) Debt-to-EBITDA : 0.90 (As of Jun. 2026) — Near Median

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WLKP Westlake Chemical Partners LP WLKP
76 GF Score
Price $21.66
GF Value $23.07
Valuation Fairly Valued
! 6 Warning Signs
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What is Westlake Chemical Partners LP Debt-to-EBITDA?

Westlake Chemical Partners LP WLKP +1.45% 76 Debt-to-EBITDA is 0.90 as of Jun. 2026, which is 1% above its 10-year median of 0.89. GuruFocus rates WLKP with a GF Score™ of 76/100 and a GF Value™ of $23.07 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,238 Chemicals companies, Westlake Chemical Partners LP ranks better than 70.52% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Westlake Chemical Partners LP's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0 Mil. Westlake Chemical Partners LP's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $400 Mil. Westlake Chemical Partners LP's annualized EBITDA for the quarter that ended in Jun. 2026 was $442 Mil. Westlake Chemical Partners LP's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 0.90.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Westlake Chemical Partners LP's Debt-to-EBITDA or its related term are showing as below:

WLKP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.77   Med: 0.89   Max: 1.28
Current: 0.9

During the past 13 years, the highest Debt-to-EBITDA Ratio of Westlake Chemical Partners LP was 1.28. The lowest was 0.77. And the median was 0.89.

WLKP's Debt-to-EBITDA is ranked better than
70.52% of 1238 companies
in the Chemicals industry
Industry Median: 2.15 vs WLKP: 0.90

Westlake Chemical Partners LP  (NYSE:WLKP) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Westlake Chemical Partners LP Debt-to-EBITDA Related Terms


Westlake Chemical Partners LP Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Westlake Chemical Partners LP's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Westlake Chemical Partners LP Debt-to-EBITDA Chart

Westlake Chemical Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.85 0.90 0.83 0.98

Westlake Chemical Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.93 0.88 0.89 0.92 0.90

WLKP vs LXU, ASIX, RYAM: Debt-to-EBITDA Comparison

For the Chemicals subindustry, Westlake Chemical Partners LP's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Westlake Chemical Partners LP Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Westlake Chemical Partners LP's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Westlake Chemical Partners LP's Debt-to-EBITDA falls into.


WLKP
76GF Score
Westlake Chemical Partners LP WLKP
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Westlake Chemical Partners LP Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Westlake Chemical Partners LP's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 399.674) / 409.04
=0.98

Westlake Chemical Partners LP's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 399.674) / 442.288
=0.90

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.90 mean?
Westlake Chemical Partners LP (WLKP) has a Debt-to-EBITDA of 0.90 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Westlake Chemical Partners LP. This is near median its historical median of 0.89. Over the past decade, Westlake Chemical Partners LP's Debt-to-EBITDA has ranged from 0.77 to 1.28. According to the industry distribution chart, Westlake Chemical Partners LP ranks #365 out of 1238 companies in the Chemicals industry, placing it in the top 29.5%.
Is Westlake Chemical Partners LP's Debt-to-EBITDA too high?
Westlake Chemical Partners LP's current Debt-to-EBITDA of 0.90 is near median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.77 to a high of 1.28. The Chemicals industry median Debt-to-EBITDA is 2.15. Westlake Chemical Partners LP's value of 0.90 is 58.1% below this industry median. Based on the distribution chart, Westlake Chemical Partners LP ranks #365 out of 1238 companies in the Chemicals industry, which is above the industry midpoint. Overall, Westlake Chemical Partners LP has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westlake Chemical Partners LP's Debt-to-EBITDA compare to LXU and ASIX?
According to the Chemicals industry distribution chart, Westlake Chemical Partners LP ranks #365 out of 1238 companies for Debt-to-EBITDA. This puts Westlake Chemical Partners LP in the upper half of its industry. The industry median Debt-to-EBITDA is 2.15. Westlake Chemical Partners LP's value of 0.90 is 58.1% below this benchmark. Historically, Westlake Chemical Partners LP's own Debt-to-EBITDA has ranged from 0.77 to 1.28 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 2.15, Westlake Chemical Partners LP has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.15, based on 1,238 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Westlake Chemical Partners LP's current Debt-to-EBITDA of 0.90 is 58.1% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Westlake Chemical Partners LP. For the Chemicals industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westlake Chemical Partners LP's current Debt-to-EBITDA is 0.90, which is near median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Westlake Chemical Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Westlake Chemical Partners LP (WLKP) is currently considered Fairly Valued. The stock's GF Value™ is $23.07, compared to a current price of $21.66 — trading 6.1% below its estimated fair value. The current Debt-to-EBITDA is 0.90, which is near median its 10-year median of 0.89 and 58.1% below the Chemicals industry median of 2.15. Westlake Chemical Partners LP's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Westlake Chemical Partners LP (WLKP), the current Debt-to-EBITDA is 0.90 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Westlake Chemical Partners LP (WLKP) Overvalued in 2026?

Based on GuruFocus' analysis, Westlake Chemical Partners LP stock appears to be undervalued. The current stock price of $21.66 is trading 6.1% below its estimated GF Value™ of $23.07. GuruFocus considers Westlake Chemical Partners LP to be Fairly Valued.

Key valuation signals for WLKP:

  • Debt-to-EBITDA: 0.90 (near median its 10-year median of 0.89)
  • GF Value™: $23.07 vs. price of $21.66 (6.1% below fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 58.1% below the Chemicals median (#365 of 1238)

No single metric tells the full story. See the WLKP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Westlake Chemical Partners LP Business Description

Address 2801 Post Oak Boulevard, Suite 600, Houston, TX, USA, 77056
Westlake Chemical Partners LP is a part of the chemical industry in the United States. Its operations are conducted through OpCo, it acquires and develops ethylene production facilities, which convert ethane into ethylene. OpCo sells ethylene and its co-products, such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen, to Westlake and other customers located in the United States. Its assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana.
76GF Score

Get the complete analysis for WLKP

Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$21.66
Price
$23.07
GF Value