WLKP (Westlake Chemical Partners LP) EV-to-EBITDA: 3.64 (As of Aug. 19, 2026) — Near Median

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WLKP Westlake Chemical Partners LP WLKP
84 GF Score
Price $21.60
GF Value $24.01
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Westlake Chemical Partners LP EV-to-EBITDA?

Westlake Chemical Partners LP WLKP -0.46% 84 EV-to-EBITDA is 3.64 as of Aug. 19, 2026, which is 5% below its 10-year median of 3.83. GuruFocus rates WLKP with a GF Score™ of 84/100 and a GF Value™ of $24.01 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,330 Chemicals companies, Westlake Chemical Partners LP ranks better than 91.35% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Westlake Chemical Partners LP's enterprise value is $1,627 Mil. Westlake Chemical Partners LP's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 was $447 Mil. Therefore, Westlake Chemical Partners LP's EV-to-EBITDA for today is 3.64.

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

WLKP' s EV-to-EBITDA Range Over the Past 10 Years
Min: 3.22   Med: 3.83   Max: 4.49
Current: 3.64

During the past 13 years, the highest EV-to-EBITDA of Westlake Chemical Partners LP was 4.49. The lowest was 3.22. And the median was 3.83.

WLKP's EV-to-EBITDA is ranked better than
91.35% of 1330 companies
in the Chemicals industry
Industry Median: 13.03 vs WLKP: 3.64

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.

As of today (2026-08-19), Westlake Chemical Partners LP's stock price is $21.60. Westlake Chemical Partners LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was $1.630. Therefore, Westlake Chemical Partners LP's PE Ratio (TTM) for today is 13.25.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


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

EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.

Westlake Chemical Partners LP's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=21.60/1.630
=13.25

Westlake Chemical Partners LP's share price for today is $21.60.
Westlake Chemical Partners LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.630.

* 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.

Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).

Please read Which price ratio outperforms the enterprise multiple?


Westlake Chemical Partners LP EV-to-EBITDA Related Terms


Westlake Chemical Partners LP EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Westlake Chemical Partners LP's EV-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 EV-to-EBITDA Chart

Westlake Chemical Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.86 3.77 3.76 3.55 3.84

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
EV-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 3.98 4.02 3.84 3.77 3.70

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

For the Chemicals subindustry, Westlake Chemical Partners LP's EV-to-EBITDA, along with its competitors' market caps and EV-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 EV-to-EBITDA vs Chemicals Industry

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

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


WLKP
84GF Score
Westlake Chemical Partners LP WLKP
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Westlake Chemical Partners LP EV-to-EBITDA Calculation

Westlake Chemical Partners LP's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=1627.367/446.585
=3.64

Westlake Chemical Partners LP's current Enterprise Value is $1,627 Mil.
Westlake Chemical Partners LP's EBITDA for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $447 Mil.

* 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 3.64 mean?
Westlake Chemical Partners LP (WLKP) has a EV-to-EBITDA of 3.64 as of Aug. 19, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Westlake Chemical Partners LP. This is near median its historical median of 3.83. Over the past decade, Westlake Chemical Partners LP's EV-to-EBITDA has ranged from 3.22 to 4.49. According to the industry distribution chart, Westlake Chemical Partners LP ranks #115 out of 1330 companies in the Chemicals industry, placing it in the top 8.6%.
Is Westlake Chemical Partners LP's EV-to-EBITDA too high?
Westlake Chemical Partners LP's current EV-to-EBITDA of 3.64 is near median its 10-year median of 3.83. Over the past 10 years, this metric has ranged from a low of 3.22 to a high of 4.49. The Chemicals industry median EV-to-EBITDA is 13.03. Westlake Chemical Partners LP's value of 3.64 is 72.1% below this industry median. Based on the distribution chart, Westlake Chemical Partners LP ranks #115 out of 1330 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Westlake Chemical Partners LP has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Westlake Chemical Partners LP's EV-to-EBITDA compare to LXU and ASIX?
According to the Chemicals industry distribution chart, Westlake Chemical Partners LP ranks #115 out of 1330 companies for EV-to-EBITDA. This places Westlake Chemical Partners LP in the top 9% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 13.03. Westlake Chemical Partners LP's value of 3.64 is 72.1% below this benchmark. Historically, Westlake Chemical Partners LP's own EV-to-EBITDA has ranged from 3.22 to 4.49 over the past decade. While the company's 10-year median is 3.83 vs. the industry median of 13.03, 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 EV-to-EBITDA for a Chemicals company?
The median EV-to-EBITDA among Chemicals companies is 13.03, based on 1,330 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-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 EV-to-EBITDA of 3.64 is 72.1% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Westlake Chemical Partners LP. For the Chemicals industry, the median EV-to-EBITDA is 13.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Westlake Chemical Partners LP's current EV-to-EBITDA is 3.64, which is near median its own 10-year median of 3.83. 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 Modestly Undervalued. The stock's GF Value™ is $24.01, compared to a current price of $21.60 — trading 10% below its estimated fair value. The current EV-to-EBITDA is 3.64, which is near median its 10-year median of 3.83 and 72.1% below the Chemicals industry median of 13.03. Westlake Chemical Partners LP's overall GF Score™ is 84/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Westlake Chemical Partners LP (WLKP), the current EV-to-EBITDA is 3.64 as of Aug. 19, 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 $21.60 is trading 10% below its estimated GF Value™ of $24.01. GuruFocus considers Westlake Chemical Partners LP to be Modestly Undervalued.

Key valuation signals for WLKP:

  • EV-to-EBITDA: 3.64 (near median its 10-year median of 3.83)
  • GF Value™: $24.01 vs. price of $21.60 (10% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 72.1% below the Chemicals median (#115 of 1330)

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.
84GF Score

Get the complete analysis for WLKP

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

$21.60
Price
$24.01
GF Value