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

Western Midstream Partners, LP

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

39.75 0.10 −0.25%

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Market cap: $16.5B
P/E: 12.8×
Fwd P/E: 12.5×
Dividend yield: 9.31%
F-score: 4/9
Altman Z: n/a
Beneish M: −2.62
Dividend safety: 26/100

Overview Business Profile Earnings & Analysis Segments Valuation Filings

Western Midstream Partners, LP (WES) P/E ratio

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As of 6 November 2026, Western Midstream Partners, LP (WES) trades at a P/E ratio of 12.8×. Over the past ten years it has ranged from 2.0× (March 2020) to 63.4× (February 2015); the current reading is higher than 47% of that period. That is above the Oil & Gas Midstream industry median of 11.8× and above the Energy sector median of 10.9×.

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<iframe src="https://stockrow.com/embed/WES/pe-ratio" width="100%" height="360" style="border:0" loading="lazy" title="Western Midstream Partners, LP P/E ratio, 10 years"></iframe>
<p style="font-size:12px">Source: <a href="https://stockrow.com/WES/metrics/pe-ratio">Western Midstream Partners, LP (WES) P/E ratio — stockrow.com</a></p>

Period	P/E ratio	Change
FY2025	13.1×	37.96%
FY2024	9.5×	(13.73%)
FY2023	11.0×	28.85%
FY2022	8.6×	(16.23%)
FY2021	10.2×	(11.30%)
FY2020	11.5×	(8.76%)
FY2019	12.6×	(23.08%)
FY2018	16.4×	(27.75%)
FY2017	22.7×	(20.96%)
FY2016	28.7×	(35.08%)

Period	P/E ratio	Change
Sep 2026	14.3×	4.00%
Jun 2026	13.7×	2.63%
Mar 2026	13.4×	1.86%
Dec 2025	13.1×	13.56%
43 more quarters	Free account

Against its own ten years

Low 2.0× High 63.4×

Ten-year median 13.5×

Current reading's percentile 51

Company	P/E ratio
PAA Plains All American Pipeline, L.P. compare	6.6×
FRO Frontline PLC compare	6.8×
VG Venture Global, Inc. compare	8.4×
PAGP Plains Group Holdings, L.P. compare	9.2×
CQP Cheniere Energy Partners, L.P. compare	9.2×
WES Western Midstream Partners, LP	12.8×
VNOM Viper Energy Inc. compare	18.4×
PBA Pembina Pipeline Corp. compare	23.5×
DTM DT Midstream, Inc. compare	24.5×
Oil & Gas Midstream industry median	11.8×
Energy sector median	10.9×
Market median	17.8×

What P/E ratio is

Price to Earnings Ratio shows how much investors pay for each dollar of a company’s annual profit per share.

Stock Price ÷ EPS (Basic) (TTM)

The full definition of P/E ratio →

Western Midstream Partners, LP (WES) P/E ratio

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on WES

P/E ratio, daily

Annual newest first

Quarterly newest first

Against its own ten years

P/E ratio against peers

What P/E ratio is

More on WES

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