WES
Western Midstream Partners LP
NYSE: WES · ENERGY · OIL & GAS MIDSTREAM
$43.48
+3.01% today
Updated 2026-04-30
Market cap
$17.22B
P/E ratio
14.16
P/S ratio
4.48x
EPS (TTM)
$2.98
Dividend yield
8.79%
52W range
$33 – $45
Volume
1.6M
Western Midstream Partners LP (WES) Financial statements
SEC filings — annual and quarterly data.
Profit margin
30.00%
Operating margin
28.10%
ROE
32.20%
ROA
6.85%
Debt/equity
2.22x
Margin trends — annual
Gross margin Operating margin Profit margin
| Year | Revenue | Net income | Gross margin | Op. margin | Profit margin |
|---|---|---|---|---|---|
| 2006 | $81.15M | $9.71M | 54.70% | 28.57% | 11.97% |
| 2007 | $255.35M | $36.56M | 56.03% | 24.95% | 14.32% |
| 2008 | $689.48M | $126.32M | 51.72% | 24.07% | 18.32% |
| 2009 | $236.54M | $77.34M | 78.38% | 34.09% | 32.70% |
| 2010 | $494.87M | $126.07M | 68.26% | 30.64% | 25.47% |
| 2011 | $809.67M | $75.64M | 59.57% | 25.84% | 9.34% |
| 2012 | $849.44M | $2.81M | 46.63% | 17.36% | 0.33% |
| 2013 | $1.05B | $160.16M | 51.57% | 30.18% | 15.20% |
| 2014 | $1.27B | $221.91M | 51.24% | 35.20% | 17.42% |
| 2015 | $1.56B | $87.86M | 50.52% | 2.20% | 5.63% |
| 2016 | $1.80B | $345.77M | 57.48% | 39.05% | 19.16% |
| 2017 | $2.25B | $376.61M | 46.65% | 31.33% | 16.75% |
| 2018 | $1.99B | $369.43M | 61.34% | 31.42% | 18.56% |
| 2019 | $2.75B | $697.24M | 66.23% | 44.84% | 25.39% |
| 2020 | $2.77B | $527.01M | 75.50% | 31.70% | 19.01% |
| 2021 | $2.88B | $916.29M | 69.63% | 46.44% | 31.85% |
| 2022 | $3.25B | $1.22B | 69.15% | 48.83% | 37.43% |
| 2023 | $3.11B | $1.02B | 75.37% | 44.41% | 32.91% |
| 2024 | $3.61B | $1.57B | 77.18% | 54.66% | 43.65% |
| 2025 | $3.84B | $1.17B | 68.46% | 41.26% | 30.43% |