WLKP (Westlake Chemical Partners LP) Total Payout Ratio: 0.20 (As of Aug. 19, 2026)

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WLKP Westlake Chemical Partners LP WLKP
84 GF Score
Price $21.72
GF Value $24.01
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Westlake Chemical Partners LP Total Payout Ratio?

Westlake Chemical Partners LP WLKP +0.09% 84 Total Payout Ratio is 0.20 as of Aug. 19, 2026. 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.

Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income.

Westlake Chemical Partners LP's current Total Payout Ratio is 0.20.


Westlake Chemical Partners LP Total Payout Ratio Related Terms


Westlake Chemical Partners LP Total Payout Ratio Historical Data

* Premium members only.

The historical data trend for Westlake Chemical Partners LP's Total Payout Ratio 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 Total Payout Ratio Chart

Westlake Chemical Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Payout Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.20 0.20 0.18 0.22

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
Total Payout Ratio 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 0.19 0.19 0.20 0.20 0.20

WLKP vs LXU, ASIX, RYAM: Total Payout Ratio Comparison

For the Chemicals subindustry, Westlake Chemical Partners LP's Total Payout Ratio, along with its competitors' market caps and Total Payout Ratio 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 Total Payout Ratio vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Westlake Chemical Partners LP's Total Payout Ratio distribution charts can be found below:

* The bar in red indicates where Westlake Chemical Partners LP's Total Payout Ratio falls into.


WLKP
84GF Score
Westlake Chemical Partners LP WLKP
Total Payout Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Westlake Chemical Partners LP Total Payout Ratio Calculation

Total Payout Ratio is a measurement showing the proportion of earnings a company pays shareholders in the form of dividends and net stock repurchases.

Westlake Chemical Partners LP's Total Payout Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (0 + 0 + -66.452) / 298.576
=0.22

Westlake Chemical Partners LP's Total Payout Ratio for the quarter that ended in Jun. 2026 is calculated as

Total Payout Ratio=- (Repurchase of Stock + Issuance of Stock + Cash Flow for Dividends) / Net Income
=- (0 + 0 + -16.615) / 82.362
=0.20

* 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 Total Payout Ratio →
What does a Total Payout Ratio of 0.20 mean?
Westlake Chemical Partners LP (WLKP) has a Total Payout Ratio of 0.20 as of Aug. 19, 2026. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Westlake Chemical Partners LP and its competitors.
Is Westlake Chemical Partners LP's Total Payout Ratio too high?
Westlake Chemical Partners LP's current Total Payout Ratio is 0.20. 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 Total Payout Ratio compare to LXU and ASIX?
Westlake Chemical Partners LP's Total Payout Ratio of 0.20 can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Payout Ratio for a Chemicals company?
A good Total Payout Ratio depends on the Chemicals industry context. However, Total Payout Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Payout Ratio mean?
A high Total Payout Ratio can signal that a stock is expensive relative to its fundamentals. Total Payout Ratio is the percent a company has paid to its shareholders through net repurchase of shares and dividends based on its Net Income. View historical data on Westlake Chemical Partners LP and its competitors. Westlake Chemical Partners LP's current Total Payout Ratio is 0.20. 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 $21.72 — trading 9.5% below its estimated fair value. The current Total Payout Ratio is 0.20. 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 Total Payout Ratio calculated?
Total Payout Ratio is calculated from a company's financial statements. For Westlake Chemical Partners LP (WLKP), the current Total Payout Ratio is 0.20 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 $21.72 is trading 9.5% below its estimated GF Value™ of $24.01. GuruFocus considers Westlake Chemical Partners LP to be Modestly Undervalued.

Key valuation signals for WLKP:

  • Total Payout Ratio: 0.20
  • GF Value™: $24.01 vs. price of $21.72 (9.5% below fair value)
  • GF Score™: 84/100 with 6 warning signs

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

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

$21.72
Price
$24.01
GF Value