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 Income Statement
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 | 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 |
| 4,050 | 3,843 | 3,605 | 3,106 | 3,252 | 2,877 | |
Revenue Growth | 11.43% | 6.61% | 16.05% | -4.47% | 13.02% | 3.77% |
Cost of Revenue | 268.37 | 206.98 | 172.25 | 164.6 | 420.9 | 322.29 |
Gross Profit | 3,781 | 3,636 | 3,433 | 2,942 | 2,831 | 2,555 |
Selling, General & Admin | 1,432 | 1,384 | 1,215 | 1,052 | 927.14 | 841.12 |
Depreciation & Amortization Expenses | 740.74 | 710.78 | 650.43 | 600.67 | 582.37 | 551.63 |
Other Operating Expenses | 28.18 | 25.87 | -290.57 | 62.99 | -83.09 | 30.5 |
Total Operating Expenses | 2,201 | 2,121 | 1,575 | 1,715 | 1,426 | 1,423 |
Operating Income | 1,661 | 1,601 | 1,971 | 1,380 | 1,588 | 1,336 |
Interest Income | 80.13 | 85.79 | 112.39 | 152.96 | 183.48 | 204.65 |
Interest Expense | -406.59 | -390.49 | -378.51 | -348.23 | -333.94 | -376.51 |
Other Non-Operating Income (Expense) | 15.88 | 16.63 | 37.14 | 21.06 | 1.69 | -25.57 |
Total Non-Operating Income (Expense) | -310.58 | -288.07 | -228.98 | -174.21 | -148.76 | -197.43 |
Pretax Income | 1,270 | 1,228 | 1,629 | 1,052 | 1,256 | 934.19 |
Provision for Income Taxes | 15.15 | 15.09 | 18.11 | 4.39 | 4.19 | -9.81 |
Net Income | 1,255 | 1,212 | 1,611 | 1,048 | 1,251 | 944 |
Minority Interest in Earnings | 5.48 | 4.99 | 1.08 | 2.11 | 6.81 | 7.89 |
Net Income to Common | 1,195 | 1,154 | 1,537 | 998.53 | 1,190 | 896.48 |
Net Income Growth | -6.59% | -24.88% | 53.92% | -16.06% | 32.69% | 73.77% |
Shares Outstanding (Basic) | 391 | 386 | 380 | 383 | 395 | 411 |
Shares Outstanding (Diluted) | 392 | 388 | 382 | 384 | 396 | 412 |
Shares Change | 2.47% | 1.42% | -0.51% | -2.99% | -3.83% | -5.42% |
EPS (Basic) | 3.08 | 2.99 | 4.04 | 2.61 | 3.01 | 2.18 |
EPS (Diluted) | 3.06 | 2.98 | 4.02 | 2.60 | 3.00 | 2.18 |
EPS Growth | -8.66% | -25.87% | 54.62% | -13.33% | 37.61% | 84.75% |
Additional Metrics
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% |
Free Cash Flow Per Share | 3.42 | 3.85 | 3.41 | 2.41 | 3.06 | 3.53 |
Dividends Per Share | 3.660 | 3.640 | 3.500 | 2.212 | 2.000 | 1.284 |
Dividend Growth | 3.54% | 4.00% | 58.19% | 10.63% | 55.76% | 3.21% |
Gross Margin | 93.37% | 94.61% | 95.22% | 94.70% | 87.06% | 88.80% |
Operating Margin | 41.01% | 41.67% | 54.66% | 44.41% | 48.83% | 46.44% |
Profit Margin | 30.99% | 31.55% | 44.69% | 33.74% | 38.49% | 32.81% |
FCF Margin | 33.10% | 38.89% | 36.14% | 29.82% | 37.34% | 50.51% |
EBITDA | 2,402 | 2,312 | 2,621 | 1,980 | 2,170 | 1,888 |
EBITDA Margin | 59.30% | 60.16% | 72.70% | 63.75% | 66.74% | 65.62% |
EBIT | 1,661 | 1,601 | 1,971 | 1,380 | 1,588 | 1,336 |
EBIT Margin | 41.01% | 41.67% | 54.66% | 44.41% | 48.83% | 46.44% |
Effective Tax Rate | 1.19% | 1.23% | 1.11% | 0.42% | 0.33% | -1.05% |