WLKP (Westlake Chemical Partners LP) EV-to-FCF: 6.03 (As of Jul. 22, 2026) — 31% Above Median

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WLKP Westlake Chemical Partners LP WLKP
84 GF Score
Price $22.03
GF Value $24.33
Valuation Fairly Valued
! 6 Warning Signs
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What is Westlake Chemical Partners LP EV-to-FCF?

Westlake Chemical Partners LP WLKP +0.14% 84 EV-to-FCF is 6.03 as of Jul. 22, 2026, which is 31% above its 10-year median of 4.62. GuruFocus rates WLKP with a GF Score™ of 84/100 and a GF Value™ of $24.33 (Fairly Valued). The stock has 6 warning signs investors should review. Among 926 Chemicals companies, Westlake Chemical Partners LP ranks better than 88.12% on this metric.

EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Westlake Chemical Partners LP's Enterprise Value is $1,668 Mil. Westlake Chemical Partners LP's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was $276 Mil. Therefore, Westlake Chemical Partners LP's EV-to-FCF for today is 6.03.

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

WLKP' s EV-to-FCF Range Over the Past 10 Years
Min: -142.54   Med: 4.62   Max: 20.44
Current: 6.03

During the past 13 years, the highest EV-to-FCF of Westlake Chemical Partners LP was 20.44. The lowest was -142.54. And the median was 4.62.

WLKP's EV-to-FCF is ranked better than
88.12% of 926 companies
in the Chemicals industry
Industry Median: 21.335 vs WLKP: 6.03

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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.

As of today (2026-07-22), Westlake Chemical Partners LP's stock price is $22.03. Westlake Chemical Partners LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was $1.640. Therefore, Westlake Chemical Partners LP's PE Ratio (TTM) for today is 13.43.


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

EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. 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)
=22.03/1.640
=13.43

Westlake Chemical Partners LP's share price for today is $22.03.
Westlake Chemical Partners LP's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1.640.

* 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.

Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.


Westlake Chemical Partners LP EV-to-FCF Related Terms


Westlake Chemical Partners LP EV-to-FCF Historical Data

* Premium members only.

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

Westlake Chemical Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.13 4.33 4.15 3.92 7.78

Westlake Chemical Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EV-to-FCF 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 4.59 7.01 7.91 7.78 6.04

WLKP vs LXU, ASPI, ASIX: EV-to-FCF Comparison

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

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

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


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

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

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=1668.148/276.469
=6.03

Westlake Chemical Partners LP's current Enterprise Value is $1,668 Mil.
Westlake Chemical Partners LP's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $276 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-FCF →
What does a EV-to-FCF of 6.03 mean?
Westlake Chemical Partners LP (WLKP) has a EV-to-FCF of 6.03 as of Jul. 22, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Westlake Chemical Partners LP and its competitors. This is 31% above median its historical median of 4.62. According to the industry distribution chart, Westlake Chemical Partners LP ranks #110 out of 926 companies in the Chemicals industry, placing it in the top 11.9%.
Is Westlake Chemical Partners LP's EV-to-FCF too high?
Westlake Chemical Partners LP's current EV-to-FCF of 6.03 is 31% above median its 10-year median of 4.62. The Chemicals industry median EV-to-FCF is 21.34. Westlake Chemical Partners LP's value of 6.03 is 71.7% below this industry median. Based on the distribution chart, Westlake Chemical Partners LP ranks #110 out of 926 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 Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Westlake Chemical Partners LP's EV-to-FCF compare to LXU and ASPI?
According to the Chemicals industry distribution chart, Westlake Chemical Partners LP ranks #110 out of 926 companies for EV-to-FCF. This places Westlake Chemical Partners LP in the top 12% of its industry — outperforming the majority of peers. The industry median EV-to-FCF is 21.34. Westlake Chemical Partners LP's value of 6.03 is 71.7% below this benchmark. While the company's 10-year median is 4.62 vs. the industry median of 21.34, 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-FCF for a Chemicals company?
The median EV-to-FCF among Chemicals companies is 21.34, based on 926 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF 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-FCF of 6.03 is 71.7% 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-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Westlake Chemical Partners LP and its competitors. For the Chemicals industry, the median EV-to-FCF is 21.34 — 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-FCF is 6.03, which is 31% above median its own 10-year median of 4.62. 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 $24.33, compared to a current price of $22.03 — trading 9.5% below its estimated fair value. The current EV-to-FCF is 6.03, which is 31% above median its 10-year median of 4.62 and 71.7% below the Chemicals industry median of 21.34. 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-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Westlake Chemical Partners LP (WLKP), the current EV-to-FCF is 6.03 as of Jul. 22, 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 $22.03 is trading 9.5% below its estimated GF Value™ of $24.33. GuruFocus considers Westlake Chemical Partners LP to be Fairly Valued.

Key valuation signals for WLKP:

  • EV-to-FCF: 6.03 (31% above median its 10-year median of 4.62)
  • GF Value™: $24.33 vs. price of $22.03 (9.5% below fair value)
  • GF Score™: 84/100 with 6 warning signs
  • Industry Position: 71.7% below the Chemicals median (#110 of 926)

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

$22.03
Price
$24.33
GF Value