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Friday 6 November 2026 Export WES’s income statement to Excel — free account

Western Midstream Partners, LP

WES Energy Oil & Gas Midstream

Western Midstream Partners, LP’s revenue for fiscal 2025 (year ended December 2025) was $3.8 billion, up 6.61% from fiscal 2024.

Revenue
+25.4%
EPS
−9.20%
Free cash flow
+44.5%
Total debt
+32.0%

Quarter to September 2026, against a year earlier

40.11 0.26 +0.65%
Market cap
$16.5B
P/E
12.9×
Fwd P/E
12.5×
Dividend yield
9.25%
F-score
4/9
Altman Z
n/a
Beneish M
−2.62
Dividend safety
26/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Western Midstream Partners, LP (WES) EV/Sales

Alert me on EV/Sales

As of 5 November 2026, Western Midstream Partners, LP (WES) trades at a EV/Sales of 5.6×. Over the past ten years it has ranged from 3.3× (April 2020) to 10.7× (February 2015); the current reading is higher than 35% of that period. That is above the Oil & Gas Midstream industry median of 3.4× and above the Energy sector median of 2.1×.

EV/Sales, daily

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Annual newest first

Period EV/Sales Change
FY2025 6.0× 0.83%
FY2024 6.0× (0.84%)
FY2023 6.0× 17.10%
FY2022 5.1× (7.01%)
FY2021 5.5× 13.84%
FY2020 4.8× (17.11%)
FY2019 5.8× 19.74%
FY2018 4.9× (0.92%)
FY2017 4.9× (28.49%)
FY2016 6.9× 12.51%

Quarterly newest first

Period EV/Sales Change
Sep 2026 6.0× (1.42%)
Jun 2026 6.1× 0.92%
Mar 2026 6.0× 0.45%
Dec 2025 6.0× 3.28%
43 more quarters

Against its own ten years

Low 3.3× High 10.7×
Ten-year median 5.9×
Current reading's percentile 38

EV/Sales against peers

Company EV/Sales
PAGP Plains Group Holdings, L.P. compare 0.2×
PAA Plains All American Pipeline, L.P. compare 0.5×
CQP Cheniere Energy Partners, L.P. compare 3.6×
VG Venture Global, Inc. compare 4.0×
FRO Frontline PLC compare 4.0×
VNOM Viper Energy Inc. compare 4.6×
WES Western Midstream Partners, LP 5.6×
PBA Pembina Pipeline Corp. compare 6.3×
DTM DT Midstream, Inc. compare 11.0×
Oil & Gas Midstream industry median 3.4×
Energy sector median 2.1×
Market median 2.1×

What EV/Sales is

EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.

((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)

The full definition of EV/Sales →

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