XML 18 R5.htm IDEA: XBRL DOCUMENT v3.25.4
Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Total net sales $ 1,166,695 $ 1,135,896 $ 1,190,791
Cost of sales 818,847 716,957 803,332
Gross profit 347,848 418,939 387,459
Selling, general and administrative expenses 28,271 28,495 29,751
Income from operations 319,577 390,444 357,708
Other income (expense)      
Interest expense—Westlake (22,899) (25,701) (26,501)
Other income, net 2,445 5,251 4,232
Income before income taxes 299,123 369,994 335,439
Provision for income taxes 547 835 813
Net income 298,576 369,159 334,626
Less: Net income attributable to noncontrolling interest in OpCo 249,878 306,767 280,343
Net income attributable to Westlake Chemical Partners LP and limited partners' interest in net income $ 48,698 $ 62,392 $ 54,283
Net income per limited partner unit attributable to Westlake Chemical Partners LP (basic and diluted)      
Weighted average limited partner units outstanding (basic and diluted) 35,241,505 35,232,870 35,224,340
Affiliated Entity      
Net co-products, ethylene and other sales—third parties $ 1,033,276 $ 950,801 $ 1,026,655
Nonrelated Party      
Net co-products, ethylene and other sales—third parties 133,419 185,095 164,136
Westlake | Affiliated Entity      
Selling, general and administrative expenses 25,017 25,654 27,085
Other income (expense)      
Interest expense—Westlake (22,899) (25,701) (26,501)
Common units      
Other income (expense)      
Net income attributable to Westlake Chemical Partners LP and limited partners' interest in net income $ 48,698 $ 62,392 $ 54,283
Net income per limited partner unit attributable to Westlake Chemical Partners LP (basic and diluted)      
Common units $ 1.38 $ 1.77 $ 1.54
Diluted units $ 1.38 $ 1.77 $ 1.54
Weighted average limited partner units outstanding (basic and diluted) 35,241,505 35,232,870 35,224,340
Common units | Publicly and Privately Held      
Net income per limited partner unit attributable to Westlake Chemical Partners LP (basic and diluted)      
Weighted average limited partner units outstanding (basic and diluted) 21,119,275 21,110,640 21,102,110
Common units | Westlake      
Net income per limited partner unit attributable to Westlake Chemical Partners LP (basic and diluted)      
Weighted average limited partner units outstanding (basic and diluted) 14,122,230 14,122,230 14,122,230