Western Midstream Partners, LP (WES)
NYSE: WES · Real-Time Price · USD
40.14
+0.29 (0.73%)
Nov 6, 2026, 12:20 PM EST - Market open
WES Financials Overview
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Revenue Revenue Growth | 4,574 | 3,843 | 3,605 | 3,106 | 3,252 | 2,877 |
Revenue Growth | 22.29% | 6.61% | 16.05% | -4.47% | 13.02% | 3.77% |
Gross Profit Gross Profit Growth | 3,067 | 2,721 | 2,552 | 2,179 | 2,176 | 1,974 |
Operating Income Operating Income Growth | 1,711 | 1,541 | 1,568 | 1,290 | 1,321 | 1,162 |
Net Income Net Income Growth | 1,249 | 1,154 | 1,537 | 998.53 | 1,190 | 896.48 |
Earnings Per Share EPS Growth | 3.09 | 2.98 | 4.02 | 2.60 | 3.00 | 2.18 |
EPS Growth | -8.70% | -25.87% | 54.62% | -13.33% | 37.64% | 84.71% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Fee-Based Service Fee-Based Service Growth | 3,842 | 3,453 | 3,248 | 2,769 | 2,602 | 2,463 |
Product-Based Service Product-Based Service Growth | 339.82 | 193.87 | 215.78 | 191.73 | 249.69 | 122.58 |
Product Product Growth | 389.89 | 194.68 | 140.1 | 145.02 | 399.02 | 290.95 |
Other Product Other Product Growth | 2.14 | 1.8 | 1.09 | 0.97 | 0.95 | 0.79 |
Revenue (Total) Revenue (Total) Growth | 4,574 | 3,843 | 3,605 | 3,106 | 3,252 | 2,877 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash & Investments Cash & Investments Growth | 44.5 | 819.49 | 1,090 | 272.79 | 286.66 | 202 |
Total Debt Total Debt Growth | 9,155 | 8,819 | 8,140 | 7,961 | 6,829 | 6,953 |
Net Cash (Debt) Net Cash Growth | -9,110 | -8,000 | -7,050 | -7,688 | -6,542 | -6,751 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -22.51 | -20.62 | -18.43 | -20.00 | -16.51 | -16.38 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Operating Cash Flow Operating Cash Flow Growth | 2,130 | 2,223 | 2,137 | 1,661 | 1,701 | 1,767 |
Capital Expenditures CapEx Growth | -1,031 | -727.99 | -833.86 | -735.17 | -487.23 | -313.67 |
Free Cash Flow Free Cash Flow Growth | 1,099 | 1,495 | 1,303 | 926.17 | 1,214 | 1,453 |
Free Cash Flow Growth | -25.47% | 14.71% | 40.69% | -23.72% | -16.45% | 19.72% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Gross Margin | 67.05% | 70.78% | 70.80% | 70.16% | 66.93% | 68.59% |
Operating Margin | 37.40% | 40.11% | 43.49% | 41.51% | 40.63% | 40.39% |
Pretax Margin | 29.13% | 31.94% | 45.19% | 33.88% | 38.61% | 32.47% |
Profit Margin | 27.31% | 30.04% | 42.63% | 32.14% | 36.58% | 31.16% |
FCF Margin | 24.03% | 38.89% | 36.14% | 29.81% | 37.34% | 50.51% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 6, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Dividend Per Share Dividend Per Share Growth | 3.720 | 3.640 | 3.500 | 2.212 | 2.000 | 1.284 |
Dividend Per Share Growth | 2.64% | 4.00% | 58.19% | 10.63% | 55.76% | 3.21% |
Dividend Yield | 9.27% | 9.22% | 9.11% | 7.56% | 7.43% | 5.69% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 6, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
PE Ratio | 13.00 | 13.96 | 9.52 | 11.12 | 8.69 | 10.15 |
Forward PE | 9.61 | 10.65 | 11.34 | 9.12 | 8.19 | 8.16 |
P/FCF Ratio | 14.98 | 10.78 | 11.22 | 11.99 | 8.52 | 6.26 |
PS Ratio | 3.60 | 4.19 | 4.06 | 3.58 | 3.18 | 3.16 |