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Saturday 17 October 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. In the quarter to June 2026, revenue grew 30.0%, EPS grew 12.5%, free cash flow fell 36.2% and total debt rose 30.5%, each against the same quarter a year earlier. Dividend growth for five consecutive years; insiders bought in the last twelve months.

44.60 0.46 +1.04%
Market cap
$18.2B
P/E
14.0×
Fwd P/E
12.6×
Dividend yield
8.25%
F-score
4/9
Altman Z
n/a
Beneish M
−2.62
Dividend safety
26/100
Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

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

Alert me on P/E ratio

As of 16 October 2026, Western Midstream Partners, LP (WES) trades at a P/E ratio of 14.0×. Over the past ten years it has ranged from 2.0× (March 2020) to 63.4× (February 2015); the current reading is higher than 53% of that period. That is above the Oil & Gas Midstream industry median of 12.8× and in line with the Energy sector median of 13.9×.

P/E ratio, daily

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Annual newest first

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%)

Quarterly newest first

Period P/E ratio Change
Jun 2026 13.7× 2.63%
Mar 2026 13.4× 1.86%
Dec 2025 13.1× 13.56%
Sep 2025 11.6× (2.36%)
42 more quarters

Against its own ten years

Low 2.0× High 63.4×
Ten-year median 13.5×
Current reading's percentile 58

P/E ratio against peers

Company P/E ratio
PAA Plains All American Pipeline, L.P. compare 7.0×
FRO Frontline PLC compare 7.9×
VG Venture Global, Inc. compare 9.4×
PAGP Plains Group Holdings, L.P. compare 9.8×
CQP Cheniere Energy Partners, L.P. compare 11.1×
WES Western Midstream Partners, LP 14.0×
PBA Pembina Pipeline Corp. compare 24.4×
DTM DT Midstream, Inc. compare 26.9×
VNOM Viper Energy Inc. compare 322×
Oil & Gas Midstream industry median 12.8×
Energy sector median 13.9×
Market median 18.1×

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 →

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