WLKP Q1 2023 Earnings — Westlake Chemical Partners LP Revenue & Financial Results | Market Cap Arena

WLKPWestlake Chemical Partners LP

$780M

Q1 2023 Earnings

Basic Materials Chemicals

Income Statement

Revenue

$308M-15.1% YoY

Gross Profit

$106M34.5% margin

Operating Income

$98M31.9% margin

Net Income

$15M4.8% margin

EPS (Diluted)

$0.42

QoQ Revenue Growth

-16.1%

Cash Flow

Operating Cash Flow

$145M

Free Cash Flow

$132M

Stock-Based Comp.

$0

Balance Sheet

Total Assets

$1.3B

Total Liabilities

$453M

Stockholders' Equity

$533M

Cash & Equivalents

$105M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$308M	$362M	-15.1%
Gross Profit	$106M	$91M	+16.0%
Operating Income	$98M	$83M	+18.0%
Net Income	$15M	$16M	-8.0%