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Side-by-side financial comparison of Enact Holdings, Inc. (ACT) and Westlake Chemical Partners LP (WLKP). Click either name above to swap in a different company.

Westlake Chemical Partners LP is the larger business by last-quarter revenue ($323.0M vs $312.7M, roughly 1.0× Enact Holdings, Inc.). On growth, Westlake Chemical Partners LP posted the faster year-over-year revenue change (11.4% vs 3.6%). Over the past eight quarters, Westlake Chemical Partners LP's revenue compounded faster (6.5% CAGR vs 3.6%).

Enact Holdings, Inc. is a leading U.S.-based private mortgage insurance provider. It delivers risk mitigation solutions to residential mortgage lenders, banks, and credit unions, enabling borrowers with smaller down payments to access affordable home financing, and supports sustainable homeownership for diverse consumer groups across the United States.

Westlake Chemical Partners LP is a petrochemical limited partnership that manufactures and markets basic products including ethylene, polyethylene, and styrene monomers. It operates mainly in North America, serving packaging, construction, consumer goods, and industrial manufacturing sectors.

ACT vs WLKP — Head-to-Head

Bigger by revenue
WLKP
WLKP
1.0× larger
WLKP
$323.0M
$312.7M
ACT
Growing faster (revenue YoY)
WLKP
WLKP
+7.8% gap
WLKP
11.4%
3.6%
ACT
Faster 2-yr revenue CAGR
WLKP
WLKP
Annualised
WLKP
6.5%
3.6%
ACT

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ACT
ACT
WLKP
WLKP
Revenue
$312.7M
$323.0M
Net Profit
$14.5M
Gross Margin
30.0%
Operating Margin
71.3%
27.8%
Net Margin
4.5%
Revenue YoY
3.6%
11.4%
Net Profit YoY
-3.0%
EPS (diluted)
$1.23

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACT
ACT
WLKP
WLKP
Q4 25
$312.7M
$323.0M
Q3 25
$311.5M
$308.9M
Q2 25
$304.9M
$297.1M
Q1 25
$306.8M
$237.6M
Q4 24
$301.8M
$290.1M
Q3 24
$309.6M
$277.0M
Q2 24
$298.8M
$284.2M
Q1 24
$291.6M
$284.7M
Net Profit
ACT
ACT
WLKP
WLKP
Q4 25
$14.5M
Q3 25
$14.7M
Q2 25
$14.6M
Q1 25
$4.9M
Q4 24
$15.0M
Q3 24
$18.1M
Q2 24
$14.4M
Q1 24
$14.8M
Gross Margin
ACT
ACT
WLKP
WLKP
Q4 25
30.0%
Q3 25
32.2%
Q2 25
32.8%
Q1 25
22.8%
Q4 24
34.0%
Q3 24
42.2%
Q2 24
35.6%
Q1 24
35.9%
Operating Margin
ACT
ACT
WLKP
WLKP
Q4 25
71.3%
27.8%
Q3 25
67.4%
29.8%
Q2 25
70.4%
30.7%
Q1 25
68.9%
19.6%
Q4 24
68.9%
31.7%
Q3 24
74.1%
39.6%
Q2 24
78.6%
32.9%
Q1 24
70.6%
33.4%
Net Margin
ACT
ACT
WLKP
WLKP
Q4 25
4.5%
Q3 25
4.7%
Q2 25
4.9%
Q1 25
2.1%
Q4 24
5.2%
Q3 24
6.5%
Q2 24
5.1%
Q1 24
5.2%
EPS (diluted)
ACT
ACT
WLKP
WLKP
Q4 25
$1.23
Q3 25
$1.10
Q2 25
$1.11
Q1 25
$1.08
Q4 24
$1.05
Q3 24
$1.15
Q2 24
$1.16
Q1 24
$1.01

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACT
ACT
WLKP
WLKP
Cash + ST InvestmentsLiquidity on hand
$582.5M
$44.3M
Total DebtLower is stronger
$744.5M
Stockholders' EquityBook value
$5.4B
Total Assets
$6.9B
$1.3B
Debt / EquityLower = less leverage
0.14×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACT
ACT
WLKP
WLKP
Q4 25
$582.5M
$44.3M
Q3 25
$545.6M
$37.9M
Q2 25
$616.0M
$36.6M
Q1 25
$639.0M
$49.6M
Q4 24
$602.8M
$58.3M
Q3 24
$674.9M
$60.2M
Q2 24
$711.3M
$66.0M
Q1 24
$624.3M
$55.8M
Total Debt
ACT
ACT
WLKP
WLKP
Q4 25
$744.5M
Q3 25
$744.1M
Q2 25
$743.8M
Q1 25
$743.4M
Q4 24
$743.0M
Q3 24
$742.7M
Q2 24
$742.4M
Q1 24
$746.1M
Stockholders' Equity
ACT
ACT
WLKP
WLKP
Q4 25
$5.4B
Q3 25
$5.3B
Q2 25
$5.2B
Q1 25
$5.1B
Q4 24
$5.0B
Q3 24
$5.0B
Q2 24
$4.8B
Q1 24
$4.7B
Total Assets
ACT
ACT
WLKP
WLKP
Q4 25
$6.9B
$1.3B
Q3 25
$6.9B
$1.3B
Q2 25
$6.8B
$1.3B
Q1 25
$6.7B
$1.4B
Q4 24
$6.5B
$1.3B
Q3 24
$6.6B
$1.3B
Q2 24
$6.3B
$1.3B
Q1 24
$6.3B
$1.3B
Debt / Equity
ACT
ACT
WLKP
WLKP
Q4 25
0.14×
Q3 25
0.14×
Q2 25
0.14×
Q1 25
0.15×
Q4 24
0.15×
Q3 24
0.15×
Q2 24
0.15×
Q1 24
0.16×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACT
ACT
WLKP
WLKP
Operating Cash FlowLast quarter
$724.5M
$120.4M
Free Cash FlowOCF − Capex
$111.5M
FCF MarginFCF / Revenue
34.5%
Capex IntensityCapex / Revenue
2.7%
Cash ConversionOCF / Net Profit
8.28×
TTM Free Cash FlowTrailing 4 quarters
$201.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACT
ACT
WLKP
WLKP
Q4 25
$724.5M
$120.4M
Q3 25
$192.0M
$105.2M
Q2 25
$119.5M
$9.1M
Q1 25
$226.7M
$45.8M
Q4 24
$686.3M
$132.5M
Q3 24
$188.1M
$126.1M
Q2 24
$144.7M
$121.9M
Q1 24
$187.3M
$104.6M
Free Cash Flow
ACT
ACT
WLKP
WLKP
Q4 25
$111.5M
Q3 25
$75.6M
Q2 25
$-15.3M
Q1 25
$29.8M
Q4 24
$119.0M
Q3 24
$110.5M
Q2 24
$111.7M
Q1 24
$94.8M
FCF Margin
ACT
ACT
WLKP
WLKP
Q4 25
34.5%
Q3 25
24.5%
Q2 25
-5.2%
Q1 25
12.6%
Q4 24
41.0%
Q3 24
39.9%
Q2 24
39.3%
Q1 24
33.3%
Capex Intensity
ACT
ACT
WLKP
WLKP
Q4 25
2.7%
Q3 25
9.6%
Q2 25
8.2%
Q1 25
6.7%
Q4 24
4.6%
Q3 24
5.6%
Q2 24
3.6%
Q1 24
3.4%
Cash Conversion
ACT
ACT
WLKP
WLKP
Q4 25
8.28×
Q3 25
7.18×
Q2 25
0.62×
Q1 25
9.25×
Q4 24
8.83×
Q3 24
6.95×
Q2 24
8.45×
Q1 24
7.05×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ACT
ACT

Segment breakdown not available.

WLKP
WLKP

Affiliated Entity$296.9M92%
Nonrelated Party$26.2M8%

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