Western Midstream Partners, LP (WES)
NYSE: WES · Real-Time Price · USD
44.62
+0.48 (1.09%)
At close: Oct 16, 2026, 4:00 PM EDT
45.77
+1.15 (2.57%)
After-hours: Oct 16, 2026, 7:50 PM EDT
WES Ratios and Metrics
Market cap in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Total Valuation
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 16, 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 |
| 18,436 | 16,116 | 14,625 | 11,105 | 10,339 | 9,095 | |
Market Cap Growth | 29.48% | 10.20% | 31.70% | 7.40% | 13.68% | 58.12% |
Enterprise Value | 27,460 | 23,094 | 21,589 | 18,011 | 17,346 | 16,252 |
Last Close Price | 44.62 | 37.07 | 32.87 | 22.89 | 19.16 | 14.82 |
Price Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 16, 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 | 14.08 | 13.96 | 9.52 | 11.12 | 8.69 | 10.15 |
Forward PE | 11.13 | 10.65 | 11.34 | 9.12 | 8.19 | 8.16 |
PS Ratio | 4.26 | 4.19 | 4.06 | 3.58 | 3.18 | 3.16 |
PB Ratio | 4.33 | 3.87 | 4.33 | 3.67 | 3.33 | 2.94 |
P/TBV Ratio | 7.44 | 5.86 | 5.69 | 5.03 | 4.59 | 4.10 |
P/FCF Ratio | 15.12 | 10.78 | 11.22 | 11.99 | 8.52 | 6.26 |
P/OCF Ratio | 8.65 | 7.25 | 6.84 | 6.68 | 6.08 | 5.15 |
PEG Ratio | 1.10 | 1.05 | 1.41 | 9.12 | 1.17 | 3.18 |
EV Ratios
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 16, 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 |
EV/Sales Ratio | 6.34 | 6.01 | 5.99 | 5.80 | 5.34 | 5.65 |
EV/EBITDA Ratio | 10.97 | 10.16 | 9.65 | 9.53 | 9.11 | 9.48 |
EV/EBIT Ratio | 16.09 | 14.98 | 13.77 | 13.97 | 13.13 | 13.99 |
EV/FCF Ratio | 22.52 | 15.45 | 16.57 | 19.45 | 14.29 | 11.18 |
Financial Efficiency
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 16, 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 |
Debt / Equity Ratio | 2.07 | 2.12 | 2.41 | 2.63 | 2.20 | 2.25 |
Debt / EBITDA Ratio | 3.54 | 3.75 | 3.51 | 4.07 | 3.48 | 3.94 |
Debt / FCF Ratio | 7.49 | 5.90 | 6.25 | 8.60 | 5.62 | 4.78 |
Net Debt / Equity Ratio | 2.05 | 1.92 | 2.09 | 2.54 | 2.11 | 2.18 |
Net Debt / EBITDA Ratio | 3.61 | 3.52 | 3.15 | 4.07 | 3.44 | 3.94 |
Net Debt / FCF Ratio | 7.40 | 5.35 | 5.41 | 8.30 | 5.39 | 4.64 |
Asset Turnover | 0.30 | 0.27 | 0.28 | 0.26 | 0.29 | 0.25 |
Inventory Turnover | 111.29 | 140.69 | 370.45 | 291.83 | 300.12 | 425.02 |
Quick Ratio | 0.87 | 1.30 | 1.07 | 0.73 | 0.97 | 0.59 |
Current Ratio | 0.91 | 1.34 | 1.09 | 0.76 | 1.00 | 0.60 |
Return on Equity (ROE) | 34.11% | 32.17% | 50.32% | 34.15% | 40.34% | 31.51% |
Return on Assets (ROA) | 7.49% | 6.85% | 7.65% | 6.79% | 7.33% | 6.29% |
Return on Invested Capital (ROIC) | 13.47% | 13.48% | 14.67% | 12.61% | 13.51% | 11.51% |
Return on Capital Employed (ROCE) | 11.30% | 11.20% | 13.70% | 11.50% | 12.70% | 11.50% |
Yields
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Oct '26 Oct 16, 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 |
Earnings Yield | 6.81% | 7.16% | 10.51% | 8.99% | 11.51% | 9.86% |
FCF Yield | 6.61% | 9.27% | 8.91% | 8.34% | 11.74% | 15.98% |
Dividend Yield | 8.34% | 9.22% | 9.11% | 7.56% | 7.43% | 5.69% |
Payout Ratio | 117.38% | 121.12% | 79.19% | 95.72% | 60.46% | 58.26% |
Buyback Yield / Dilution | -3.66% | -1.42% | 0.51% | 2.99% | 3.83% | 5.42% |
Total Shareholder Return | 4.68% | 7.80% | 9.62% | 10.55% | 11.26% | 11.11% |