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Western Midstream Partners, LP
NYSE · CIK 1423902
Last close44.76
Daily change+0.38 (0.86%)
10 Years gain+61.40%
Dividends TTM3.68 (+3.08%)
Dividend yield8.29%
Fundamental Analysis
WES · STANDARD
SIC 4922 · Natural Gas Transmission · Fiscal year end 1231
Fundamental
50.8Momentum
52.3Acceleration
52.3Confidence
74.0Annual Revenue15
Quarterly Revenue47
Annual CFO11
Balance SheetAvailable
RankingEligible
Score Breakdown
Growth16.4 / 25
Quality9.8 / 25
Capital Efficiency12.3 / 20
Balance Sheet7.4 / 15
Shareholder Economics0.0 / 10
Forward Indicators5.0 / 5
Signals
Operating leverageOperating margin improved by 0.454 percentage points.
Strong operating leverageOperating income is growing faster than revenue while operating margin expands.
Key Metrics
Revenue Growth TTM26.65%OK
Revenue CAGR 3Y5.72%OK
Gross Marginn/aMISSING
Operating Margin44.88%OK
FCF Marginn/aMISSING
FCF Growthn/aINSUFFICIENT_HISTORY
ROICn/aMISSING
Incremental Operating Margin 3Y34.69%OK
Net Debt / CFOn/aNOT_MEANINGFUL
Diluted Share Growth 1Yn/aINSUFFICIENT_HISTORY
SBC / Revenuen/aMISSING
SBC / FCFn/aNOT_MEANINGFUL
Financial History
| Period | Revenue | Gross Profit | Operating Income | CFO | FCF | Gross Margin | Op Margin | FCF Margin | ROIC | Shares |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 FY Dec 31, 2025 | $3.84B | n/a | $1.60B | $2.22B | n/a | n/a | 41.69% | n/a | n/a | n/a |
| 2025 FY Dec 31, 2024 | $3.60B | n/a | $1.97B | $2.14B | n/a | n/a | 54.68% | n/a | n/a | n/a |
| 2025 FY Dec 31, 2023 | $3.11B | n/a | $1.38B | $1.66B | n/a | n/a | 44.42% | n/a | n/a | n/a |
| 2024 FY Dec 31, 2022 | $3.25B | n/a | $1.59B | $1.70B | n/a | n/a | 48.85% | n/a | n/a | n/a |
| 2023 FY Dec 31, 2021 | $2.70B | n/a | $1.34B | $1.77B | n/a | n/a | 49.54% | n/a | n/a | n/a |
Formula Trace
| Metric | Value | Formula | Status | Source |
|---|---|---|---|---|
| Revenue TTM | $3.93B | sum latest 4 fiscal quarters Revenue | OK | 0001423902-26-000044, 0001423902-25-000067 |
| Revenue Growth TTM | 26.65% | Revenue_TTM / Revenue_TTM_1Y_ago - 1 | OK | 0001423902-26-000044, 0001423902-25-000067 |
| Revenue CAGR 3Y | 5.72% | (Revenue_current / Revenue_3Y_ago)^(1/3) - 1 | OK | 0001423902-26-000030 |
| Revenue CAGR 5Y | 8.56% | (Revenue_current / Revenue_5Y_ago)^(1/5) - 1 | OK | 0001423902-26-000030 |
| Gross Profit CAGR 3Y | n/a | (GrossProfit_current / GrossProfit_3Y_ago)^(1/3) - 1 | INSUFFICIENT_HISTORY | derived |
| Operating Income Growth | 27.94% | OperatingIncome_current / OperatingIncome_prior_year - 1 | OK | 0001423902-26-000044, 0001423902-25-000067 |
| FCF Growth | n/a | FCF_current / FCF_prior_year - 1 | INSUFFICIENT_HISTORY | derived |
| Revenue Growth Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Gross Profit Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Income Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| FCF Acceleration | n/a | 0.5*(Q0-Q1)+0.3*(Q1-Q2)+0.2*(Q2-Q3) | INSUFFICIENT_HISTORY | derived |
| Operating Margin | 44.88% | Operating Income / Revenue | OK | 0001423902-26-000044, 0001423902-25-000067 |
| Net Debt / CFO | n/a | Net Debt / CFO | NOT_MEANINGFUL | 0001423902-26-000044 |
| Interest Coverage | 4.43x | Operating Income / abs(Interest Expense) | OK | derived |
| Current Ratio | 1.09x | Current Assets / Current Liabilities | OK | derived |
| SBC / FCF | n/a | SBC / FCF | NOT_MEANINGFUL | derived |
| Dividend Payout Ratio | 121.17% | Cash dividends paid / Net income | OK | 0001423902-26-000030 |
| Diluted EPS TTM | n/a | Net income TTM / Diluted shares | NOT_MEANINGFUL | 0001423902-26-000044, 0001423902-25-000067 |