Western Midstream Partners, LP (WES)
NYSE: WES · Real-Time Price · USD
46.73
-0.74 (-1.56%)
Jul 27, 2026, 4:00 PM EDT - Market closed
WES Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Net Income | 1,255 | 1,212 | 1,611 | 1,048 | 1,251 | 944 |
Depreciation & Amortization | 740.74 | 710.78 | 650.43 | 600.67 | 582.37 | 551.63 |
Stock-Based Compensation | 53.41 | 50.8 | 37.99 | 32.01 | 27.78 | 27.68 |
Other Adjustments | 40.03 | 42.25 | -273.27 | 59.46 | -70.86 | 62.44 |
Change in Receivables | -42.84 | 36.02 | -42.8 | -78.35 | -116.3 | 16.37 |
Changes in Accounts Payable | 14.4 | -3.97 | -21.94 | -68.02 | -7.81 | 114.89 |
Changes in Other Operating Activities | 101.06 | 174.29 | 175.19 | 67.56 | 34.79 | 49.86 |
Operating Cash Flow | 2,162 | 2,223 | 2,137 | 1,661 | 1,701 | 1,767 |
Operating Cash Flow Growth | -4.68% | 4.01% | 28.62% | -2.36% | -3.70% | 7.90% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Capital Expenditures | -821.32 | -727.99 | -833.86 | -735.08 | -487.23 | -313.67 |
Sale of Property, Plant & Equipment | 0.14 | 0.16 | 792.26 | -0.09 | 264.32 | 8.1 |
Purchases of Investments | -1.77 | - | -9.69 | -1.15 | -9.63 | -4.44 |
Proceeds from Sale of Investments | 30.27 | 31.39 | 30.85 | 39.1 | 63.9 | 41.39 |
Cash Acquisitions | - | -368.64 | -0.44 | -877.75 | -40.13 | - |
Other Investing Activities | -17.99 | -20.13 | -18.28 | -32.33 | -9.47 | 11.08 |
Investing Cash Flow | -1,179 | -1,085 | -39.17 | -1,607 | -218.24 | -257.54 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Short-Term Debt Issued | - | - | -610.31 | 609.92 | - | - |
Net Short-Term Debt Issued (Repaid) | - | - | -610.31 | 609.92 | - | - |
Long-Term Debt Issued | 1,184 | 1,184 | 789.04 | 2,449 | 1,389 | 480 |
Long-Term Debt Repaid | -416.76 | -1,081 | -143.85 | -1,968 | -1,519 | -1,433 |
Net Long-Term Debt Issued (Repaid) | 767.4 | 103.7 | 645.19 | 480.81 | -129.54 | -952.97 |
Repurchase of Common Stock | - | - | - | -134.6 | -487.59 | -217.47 |
Net Common Stock Issued (Repurchased) | - | - | - | -134.6 | -487.59 | -217.47 |
Common Dividends Paid | -1,500 | -1,463 | -1,276 | -1,009 | -771.39 | -557.86 |
Other Financing Activities | -76.88 | -81.07 | -679.14 | 564.32 | -45.65 | -48.05 |
Financing Cash Flow | -783.39 | -1,408 | -1,280 | -67.91 | -1,399 | -1,752 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Net Cash Flow | 199.05 | -270.97 | 817.68 | -13.87 | 84.66 | -242.92 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 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 |
Free Cash Flow | 1,340 | 1,495 | 1,303 | 926.25 | 1,214 | 1,453 |
Free Cash Flow Growth | -9.77% | 14.71% | 40.67% | -23.71% | -16.45% | 19.72% |
FCF Margin | 33.10% | 38.89% | 36.14% | 29.82% | 37.34% | 50.51% |
Free Cash Flow Per Share | 3.42 | 3.85 | 3.41 | 2.41 | 3.06 | 3.53 |
Levered Free Cash Flow | 1,997 | 1,411 | 1,542 | 1,954 | 1,182 | 346.21 |
Unlevered Free Cash Flow | 1,676 | 1,735 | 1,919 | 1,239 | 1,705 | 1,753 |