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Westlake Chemical Partners LP (Westlake Chemical Partners LP) Price-to-Free-Cash-Flow : 2.11 (As of May. 08, 2024)


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What is Westlake Chemical Partners LP Price-to-Free-Cash-Flow?

As of today (2024-05-08), Westlake Chemical Partners LP's share price is $22.00. Westlake Chemical Partners LP's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 was $10.44. Hence, Westlake Chemical Partners LP's Price-to-Free-Cash-Flow Ratio for today is 2.11.

The historical rank and industry rank for Westlake Chemical Partners LP's Price-to-Free-Cash-Flow or its related term are showing as below:

WLKP' s Price-to-Free-Cash-Flow Range Over the Past 10 Years
Min: 0.85   Med: 1.82   Max: 4.52
Current: 2.07

During the past 13 years, Westlake Chemical Partners LP's highest Price-to-Free-Cash-Flow Ratio was 4.52. The lowest was 0.85. And the median was 1.82.

WLKP's Price-to-Free-Cash-Flow is ranked better than
98.29% of 819 companies
in the Chemicals industry
Industry Median: 19.95 vs WLKP: 2.07

Westlake Chemical Partners LP's Free Cash Flow per Share for the three months ended in Mar. 2024 was $2.69. Its Free Cash Flow per Share for the trailing twelve months (TTM) ended in was $10.44.

During the past 12 months, the average Free Cash Flow per Share Growth Rate of Westlake Chemical Partners LP was -19.60% per year. During the past 3 years, the average Free Cash Flow per Share Growth Rate was 6.40% per year. During the past 5 years, the average Free Cash Flow per Share Growth Rate was -1.20% per year.

During the past 13 years, Westlake Chemical Partners LP's highest 3-Year average Free Cash Flow per Share Growth Rate was 53.70% per year. The lowest was -16.60% per year. And the median was -4.70% per year.


Westlake Chemical Partners LP Price-to-Free-Cash-Flow Historical Data

The historical data trend for Westlake Chemical Partners LP's Price-to-Free-Cash-Flow 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.

* Premium members only.

Westlake Chemical Partners LP Price-to-Free-Cash-Flow Chart

Westlake Chemical Partners LP Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Free-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.24 2.49 2.89 2.02 1.88

Westlake Chemical Partners LP Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Free-Cash-Flow 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 1.69 1.73 1.81 1.88 2.13

Competitive Comparison of Westlake Chemical Partners LP's Price-to-Free-Cash-Flow

For the Chemicals subindustry, Westlake Chemical Partners LP's Price-to-Free-Cash-Flow, along with its competitors' market caps and Price-to-Free-Cash-Flow 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's Price-to-Free-Cash-Flow Distribution in the Chemicals Industry

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

* The bar in red indicates where Westlake Chemical Partners LP's Price-to-Free-Cash-Flow falls into.



Westlake Chemical Partners LP Price-to-Free-Cash-Flow Calculation

Westlake Chemical Partners LP's Price-to-Free-Cash-Flow ratio for today is calculated as

Price-to-Free-Cash-Flow Ratio=Share Price/ Free Cash Flow per Share (TTM)
=22.00/10.441
=2.11

Westlake Chemical Partners LP's Share Price of today is $22.00.
Westlake Chemical Partners LP's Free Cash Flow per Share for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $10.44.

* 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.

It can also be calculated from the numbers for the whole company:

Price-to-Free-Cash-Flow Ratio=Market Cap/Free Cash Flow

Westlake Chemical Partners LP  (NYSE:WLKP) Price-to-Free-Cash-Flow Explanation

Free Cash Flow is considered more important than earnings by value investors. The reason is because, in principle, only the net cash that can be taken from the business belongs to shareholders. This Free Cash Flow can be used to grow the business, reduce debt or return to shareholders in dividends or share buybacks.

In a DCF Calculation Free Cash Flow is used to determine the intrinsic value of companies.


Be Aware

In real business, Free Cash Flow can be affected by the change in accounts receivable, accounts payable, management's decision on expansion, etc. Therefore, investors should look at the Free Cash Flow over the longer term. Long-term average of Free Cash Flow is a more reliable indicator for real free cash flow.


Westlake Chemical Partners LP Price-to-Free-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Westlake Chemical Partners LP's Price-to-Free-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Westlake Chemical Partners LP (Westlake Chemical Partners LP) Business Description

Traded in Other Exchanges
N/A
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 develop ethyelene 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.
Executives
Andrew Kenner officer: SVP, Olefin Material & Corp Pr 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Randy Woelfel director 3411-3433 W. EL SEGUNDO BLVD., HAWTHORNE CA 90250
G Stephen Finley director 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381
Lisa A. Friel director 2611 PLUM HOLLOW, SAN ANTONIO TX 78258
James Chao director, 10 percent owner 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Thomas J. Janssens officer: VP, Olefins Feedstock & Energy 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Johnathan Stevan Zoeller officer: VP and CAO 2801 POST OAK BLVD., SUITE 600, HOUSTON TX 77056
Albert Chao director, 10 percent owner, officer: President & CEO 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
L. Benjamin Ederington director, officer: VP, General Counsel 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Mark Steven Bender director, officer: Sr VP, CFO 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Lawrence E. Teel officer: SVP, Olefins 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
Ttwfgp Llc 10 percent owner 2801 POST OAK BLVD, SUITE 600, HOUSTON TX 77056
David Lumpkins director 600 TRAVIS STREET, SUITE 3250, HOUSTON TX 77002
Angela A Minas director 3262 WESTHEIMER ROAD #627, HOUSTON TX 77098
Blackstone Securities Partners L.p. 10 percent owner 345 PARK AVENUE, NEW YORK NY 10154-0191

Westlake Chemical Partners LP (Westlake Chemical Partners LP) Headlines