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Side-by-side financial comparison of PARK NATIONAL CORP (PRK) 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 $168.3M, roughly 1.9× PARK NATIONAL CORP). PARK NATIONAL CORP runs the higher net margin — 25.3% vs 4.5%, a 20.8% gap on every dollar of revenue. On growth, Westlake Chemical Partners LP posted the faster year-over-year revenue change (11.4% vs 2.2%). PARK NATIONAL CORP produced more free cash flow last quarter ($191.9M vs $111.5M). Over the past eight quarters, Westlake Chemical Partners LP's revenue compounded faster (6.5% CAGR vs 4.9%).

National Retail Systems, Inc. (NRS) includes Keystone Freight Corp. & National Retail Transportation, Inc. (NRT). NRS is an asset based 3PL founded in 1952. It is headquartered in Lyndhurst, New Jersey, 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.

PRK vs WLKP — Head-to-Head

Bigger by revenue
WLKP
WLKP
1.9× larger
WLKP
$323.0M
$168.3M
PRK
Growing faster (revenue YoY)
WLKP
WLKP
+9.2% gap
WLKP
11.4%
2.2%
PRK
Higher net margin
PRK
PRK
20.8% more per $
PRK
25.3%
4.5%
WLKP
More free cash flow
PRK
PRK
$80.4M more FCF
PRK
$191.9M
$111.5M
WLKP
Faster 2-yr revenue CAGR
WLKP
WLKP
Annualised
WLKP
6.5%
4.9%
PRK

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
PRK
PRK
WLKP
WLKP
Revenue
$168.3M
$323.0M
Net Profit
$42.6M
$14.5M
Gross Margin
30.0%
Operating Margin
27.8%
Net Margin
25.3%
4.5%
Revenue YoY
2.2%
11.4%
Net Profit YoY
10.4%
-3.0%
EPS (diluted)
$2.62

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
PRK
PRK
WLKP
WLKP
Q4 25
$168.3M
$323.0M
Q3 25
$169.5M
$308.9M
Q2 25
$168.7M
$297.1M
Q1 25
$157.9M
$237.6M
Q4 24
$164.7M
$290.1M
Q3 24
$170.3M
$277.0M
Q2 24
$157.7M
$284.2M
Q1 24
$152.8M
$284.7M
Net Profit
PRK
PRK
WLKP
WLKP
Q4 25
$42.6M
$14.5M
Q3 25
$47.2M
$14.7M
Q2 25
$48.1M
$14.6M
Q1 25
$42.2M
$4.9M
Q4 24
$38.6M
$15.0M
Q3 24
$38.2M
$18.1M
Q2 24
$39.4M
$14.4M
Q1 24
$35.2M
$14.8M
Gross Margin
PRK
PRK
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
PRK
PRK
WLKP
WLKP
Q4 25
27.8%
Q3 25
34.3%
29.8%
Q2 25
35.2%
30.7%
Q1 25
32.4%
19.6%
Q4 24
31.7%
Q3 24
27.4%
39.6%
Q2 24
30.6%
32.9%
Q1 24
27.8%
33.4%
Net Margin
PRK
PRK
WLKP
WLKP
Q4 25
25.3%
4.5%
Q3 25
27.8%
4.7%
Q2 25
28.5%
4.9%
Q1 25
26.7%
2.1%
Q4 24
23.5%
5.2%
Q3 24
22.4%
6.5%
Q2 24
25.0%
5.1%
Q1 24
23.0%
5.2%
EPS (diluted)
PRK
PRK
WLKP
WLKP
Q4 25
$2.62
Q3 25
$2.92
Q2 25
$2.97
Q1 25
$2.60
Q4 24
$2.38
Q3 24
$2.35
Q2 24
$2.42
Q1 24
$2.17

Balance Sheet & Financial Strength

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

Metric
PRK
PRK
WLKP
WLKP
Cash + ST InvestmentsLiquidity on hand
$233.5M
$44.3M
Total DebtLower is stronger
Stockholders' EquityBook value
$1.4B
Total Assets
$9.8B
$1.3B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PRK
PRK
WLKP
WLKP
Q4 25
$233.5M
$44.3M
Q3 25
$218.9M
$37.9M
Q2 25
$193.1M
$36.6M
Q1 25
$237.6M
$49.6M
Q4 24
$160.6M
$58.3M
Q3 24
$201.7M
$60.2M
Q2 24
$261.5M
$66.0M
Q1 24
$306.1M
$55.8M
Stockholders' Equity
PRK
PRK
WLKP
WLKP
Q4 25
$1.4B
Q3 25
$1.3B
Q2 25
$1.3B
Q1 25
$1.3B
Q4 24
$1.2B
Q3 24
$1.2B
Q2 24
$1.2B
Q1 24
$1.2B
Total Assets
PRK
PRK
WLKP
WLKP
Q4 25
$9.8B
$1.3B
Q3 25
$9.9B
$1.3B
Q2 25
$9.9B
$1.3B
Q1 25
$9.9B
$1.4B
Q4 24
$9.8B
$1.3B
Q3 24
$9.9B
$1.3B
Q2 24
$9.9B
$1.3B
Q1 24
$9.9B
$1.3B

Cash Flow & Capital Efficiency

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

Metric
PRK
PRK
WLKP
WLKP
Operating Cash FlowLast quarter
$198.3M
$120.4M
Free Cash FlowOCF − Capex
$191.9M
$111.5M
FCF MarginFCF / Revenue
114.1%
34.5%
Capex IntensityCapex / Revenue
3.8%
2.7%
Cash ConversionOCF / Net Profit
4.65×
8.28×
TTM Free Cash FlowTrailing 4 quarters
$328.2M
$201.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PRK
PRK
WLKP
WLKP
Q4 25
$198.3M
$120.4M
Q3 25
$52.6M
$105.2M
Q2 25
$49.7M
$9.1M
Q1 25
$37.9M
$45.8M
Q4 24
$178.8M
$132.5M
Q3 24
$43.8M
$126.1M
Q2 24
$50.9M
$121.9M
Q1 24
$35.0M
$104.6M
Free Cash Flow
PRK
PRK
WLKP
WLKP
Q4 25
$191.9M
$111.5M
Q3 25
$51.1M
$75.6M
Q2 25
$48.4M
$-15.3M
Q1 25
$36.8M
$29.8M
Q4 24
$169.7M
$119.0M
Q3 24
$41.7M
$110.5M
Q2 24
$49.0M
$111.7M
Q1 24
$31.9M
$94.8M
FCF Margin
PRK
PRK
WLKP
WLKP
Q4 25
114.1%
34.5%
Q3 25
30.1%
24.5%
Q2 25
28.7%
-5.2%
Q1 25
23.3%
12.6%
Q4 24
103.0%
41.0%
Q3 24
24.5%
39.9%
Q2 24
31.1%
39.3%
Q1 24
20.8%
33.3%
Capex Intensity
PRK
PRK
WLKP
WLKP
Q4 25
3.8%
2.7%
Q3 25
0.9%
9.6%
Q2 25
0.8%
8.2%
Q1 25
0.7%
6.7%
Q4 24
5.6%
4.6%
Q3 24
1.2%
5.6%
Q2 24
1.2%
3.6%
Q1 24
2.1%
3.4%
Cash Conversion
PRK
PRK
WLKP
WLKP
Q4 25
4.65×
8.28×
Q3 25
1.11×
7.18×
Q2 25
1.03×
0.62×
Q1 25
0.90×
9.25×
Q4 24
4.63×
8.83×
Q3 24
1.14×
6.95×
Q2 24
1.29×
8.45×
Q1 24
0.99×
7.05×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PRK
PRK

Segment breakdown not available.

WLKP
WLKP

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

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