WLKP vs. CE
Compare and contrast key facts about Westlake Chemical Partners LP (WLKP) and Celanese Corporation (CE).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WLKP or CE.
Correlation
The correlation between WLKP and CE is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
WLKP vs. CE - Performance Comparison
Key characteristics
WLKP:
0.89
CE:
-1.15
WLKP:
1.45
CE:
-1.95
WLKP:
1.18
CE:
0.70
WLKP:
1.15
CE:
-0.88
WLKP:
4.23
CE:
-1.51
WLKP:
3.15%
CE:
45.47%
WLKP:
14.98%
CE:
59.79%
WLKP:
-60.17%
CE:
-84.87%
WLKP:
-5.60%
CE:
-71.34%
Fundamentals
WLKP:
$820.00M
CE:
$5.00B
WLKP:
$1.49
CE:
-$13.86
WLKP:
0.23
CE:
4.42
WLKP:
0.73
CE:
0.49
WLKP:
3.03
CE:
0.99
WLKP:
$1.09B
CE:
$10.06B
WLKP:
$370.84M
CE:
$2.25B
WLKP:
$400.96M
CE:
$90.00M
Returns By Period
In the year-to-date period, WLKP achieves a 1.58% return, which is significantly higher than CE's -29.91% return. Over the past 10 years, WLKP has outperformed CE with an annualized return of 8.98%, while CE has yielded a comparatively lower -1.27% annualized return.
WLKP
1.58%
4.16%
7.55%
13.56%
11.95%
8.98%
CE
-29.91%
19.68%
-47.52%
-69.87%
-8.40%
-1.27%
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Risk-Adjusted Performance
WLKP vs. CE — Risk-Adjusted Performance Rank
WLKP
CE
WLKP vs. CE - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Westlake Chemical Partners LP (WLKP) and Celanese Corporation (CE). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
WLKP vs. CE - Dividend Comparison
WLKP's dividend yield for the trailing twelve months is around 8.17%, more than CE's 3.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WLKP Westlake Chemical Partners LP | 8.17% | 8.14% | 8.70% | 8.02% | 7.01% | 7.90% | 6.82% | 6.69% | 5.78% | 5.94% | 5.18% | 0.59% |
CE Celanese Corporation | 3.01% | 4.05% | 1.80% | 2.68% | 1.62% | 1.91% | 1.95% | 2.31% | 1.62% | 1.75% | 1.71% | 1.55% |
Drawdowns
WLKP vs. CE - Drawdown Comparison
The maximum WLKP drawdown since its inception was -60.17%, smaller than the maximum CE drawdown of -84.87%. Use the drawdown chart below to compare losses from any high point for WLKP and CE. For additional features, visit the drawdowns tool.
Volatility
WLKP vs. CE - Volatility Comparison
The current volatility for Westlake Chemical Partners LP (WLKP) is 8.30%, while Celanese Corporation (CE) has a volatility of 28.23%. This indicates that WLKP experiences smaller price fluctuations and is considered to be less risky than CE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WLKP vs. CE - Financials Comparison
This section allows you to compare key financial metrics between Westlake Chemical Partners LP and Celanese Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
WLKP vs. CE - Profitability Comparison
WLKP - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Westlake Chemical Partners LP reported a gross profit of 54.08M and revenue of 237.63M. Therefore, the gross margin over that period was 22.8%.
CE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Celanese Corporation reported a gross profit of 476.00M and revenue of 2.39B. Therefore, the gross margin over that period was 19.9%.
WLKP - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Westlake Chemical Partners LP reported an operating income of 46.61M and revenue of 237.63M, resulting in an operating margin of 19.6%.
CE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Celanese Corporation reported an operating income of 168.00M and revenue of 2.39B, resulting in an operating margin of 7.0%.
WLKP - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Westlake Chemical Partners LP reported a net income of 42.31M and revenue of 237.63M, resulting in a net margin of 17.8%.
CE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Celanese Corporation reported a net income of -21.00M and revenue of 2.39B, resulting in a net margin of -0.9%.