Western Midstream Partners, LP (WES)
NYSE: WES · Real-Time Price · USD
42.49
+0.79 (1.89%)
Feb 11, 2026, 1:16 PM EST - Market open
WES Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
Period Ending | Sep '25 Sep 30, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 |
Operating Revenue | 3,740 | 3,604 | 3,106 | 3,251 | 2,876 | 2,771 |
Other Revenue | 0.69 | 1.09 | 0.97 | 0.95 | 0.79 | 1.34 |
| 3,740 | 3,605 | 3,106 | 3,252 | 2,877 | 2,773 | |
Revenue Growth (YoY) | 5.81% | 16.05% | -4.47% | 13.02% | 3.77% | 0.96% |
Cost of Revenue | 1,069 | 1,053 | 927.13 | 1,075 | 903.59 | 768.96 |
Gross Profit | 2,671 | 2,552 | 2,179 | 2,176 | 1,974 | 2,004 |
Selling, General & Admin | 273.08 | 271.53 | 232.63 | 194.02 | 195.55 | 155.77 |
Other Operating Expenses | 70.04 | 62.67 | 56.46 | 78.56 | 64.27 | 68.34 |
Operating Expenses | 1,019 | 984.62 | 889.76 | 854.94 | 811.45 | 715.2 |
Operating Income | 1,652 | 1,568 | 1,290 | 1,321 | 1,162 | 1,288 |
Interest Expense | -384.15 | -378.51 | -348.23 | -333.94 | -376.51 | -380.06 |
Interest & Investment Income | - | - | - | - | - | 11.74 |
Earnings From Equity Investments | 92.57 | 112.39 | 152.96 | 183.48 | 204.65 | 226.75 |
Other Non Operating Income (Expenses) | 28.54 | 31.74 | 5.68 | 1.6 | -0.62 | 1.03 |
EBT Excluding Unusual Items | 1,389 | 1,333 | 1,100 | 1,172 | 989.64 | 1,148 |
Impairment of Goodwill | - | - | - | - | - | -441.02 |
Gain (Loss) on Sale of Investments | - | - | - | 109.9 | 5.4 | -8.4 |
Gain (Loss) on Sale of Assets | -10.7 | 296.77 | -10.1 | -6.22 | -5.36 | -12.37 |
Asset Writedown | -12.25 | -6.21 | -52.88 | -20.59 | -30.54 | -174.49 |
Other Unusual Items | - | 5.4 | 15.38 | 0.09 | -24.94 | 11.23 |
Pretax Income | 1,366 | 1,629 | 1,052 | 1,256 | 934.19 | 522.85 |
Income Tax Expense | 8.21 | 18.11 | 4.39 | 4.19 | -9.81 | 6 |
Earnings From Continuing Operations | 1,358 | 1,611 | 1,048 | 1,251 | 944 | 516.85 |
Minority Interest in Earnings | -64.6 | -74.29 | -49.48 | -61.89 | -47.52 | -0.94 |
Net Income | 1,293 | 1,537 | 998.53 | 1,190 | 896.48 | 515.91 |
Net Income to Common | 1,293 | 1,537 | 998.53 | 1,190 | 896.48 | 515.91 |
Net Income Growth | -13.37% | 53.92% | -16.06% | 32.69% | 73.77% | -22.11% |
Shares Outstanding (Basic) | 381 | 380 | 383 | 395 | 411 | 436 |
Shares Outstanding (Diluted) | 383 | 382 | 384 | 396 | 412 | 436 |
Shares Change (YoY) | 0.19% | -0.51% | -2.99% | -3.83% | -5.42% | 4.77% |
EPS (Basic) | 3.39 | 4.04 | 2.61 | 3.01 | 2.18 | 1.18 |
EPS (Diluted) | 3.38 | 4.02 | 2.60 | 3.00 | 2.18 | 1.18 |
EPS Growth | -13.57% | 54.62% | -13.33% | 37.64% | 84.71% | -25.79% |
Free Cash Flow | 1,475 | 1,303 | 926.17 | 1,214 | 1,453 | 1,214 |
Free Cash Flow Per Share | 3.85 | 3.41 | 2.41 | 3.06 | 3.53 | 2.79 |
Dividend Per Share | 3.605 | 3.500 | 2.212 | 2.000 | 1.284 | 1.244 |
Dividend Growth | 12.66% | 58.19% | 10.63% | 55.76% | 3.21% | -49.64% |
Gross Margin | 71.41% | 70.80% | 70.16% | 66.93% | 68.59% | 72.27% |
Operating Margin | 44.16% | 43.49% | 41.51% | 40.63% | 40.39% | 46.47% |
Profit Margin | 34.57% | 42.63% | 32.14% | 36.58% | 31.16% | 18.61% |
Free Cash Flow Margin | 39.43% | 36.14% | 29.81% | 37.34% | 50.51% | 43.78% |
EBITDA | 2,347 | 2,238 | 1,905 | 1,904 | 1,714 | 1,780 |
EBITDA Margin | 62.76% | 62.07% | 61.33% | 58.54% | 59.56% | 64.18% |
D&A For EBITDA | 695.32 | 669.86 | 615.71 | 582.37 | 551.63 | 491.09 |
EBIT | 1,652 | 1,568 | 1,290 | 1,321 | 1,162 | 1,288 |
EBIT Margin | 44.16% | 43.49% | 41.51% | 40.63% | 40.39% | 46.47% |
Effective Tax Rate | 0.60% | 1.11% | 0.42% | 0.33% | - | 1.15% |
Revenue as Reported | 3,740 | 3,605 | 3,106 | 3,252 | 2,877 | 2,773 |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.