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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

39.61 0.24 −0.60%
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) P/S ratio

Alert me on P/S ratio

As of 5 November 2026, Western Midstream Partners, LP (WES) trades at a P/S ratio of 3.6×. Over the past ten years it has ranged from 0.5× (March 2020) to 9.1× (February 2015); the current reading is higher than 46% of that period. That is above the Oil & Gas Midstream industry median of 2.4× and above the Energy sector median of 1.5×.

P/S ratio, daily

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Annual newest first

Period P/S ratio Change
FY2025 4.0× (2.15%)
FY2024 4.1× 14.27%
FY2023 3.5× 13.42%
FY2022 3.1× (1.72%)
FY2021 3.2× 46.64%
FY2020 2.2× (27.18%)
FY2019 3.0× 12.92%
FY2018 2.6× (24.99%)
FY2017 3.5× (34.01%)
FY2016 5.3× 17.63%

Quarterly newest first

Period P/S ratio Change
Sep 2026 4.0× (0.31%)
Jun 2026 4.0× (0.90%)
Mar 2026 4.1× 2.25%
Dec 2025 4.0× (0.94%)
43 more quarters

Against its own ten years

Low 0.5× High 9.1×
Ten-year median 3.8×
Current reading's percentile 50

P/S ratio against peers

Company P/S ratio
PAGP Plains Group Holdings, L.P. compare 0.1×
PAA Plains All American Pipeline, L.P. compare 0.3×
VG Venture Global, Inc. compare 1.7×
CQP Cheniere Energy Partners, L.P. compare 2.4×
FRO Frontline PLC compare 3.3×
VNOM Viper Energy Inc. compare 3.4×
WES Western Midstream Partners, LP 3.6×
PBA Pembina Pipeline Corp. compare 4.7×
DTM DT Midstream, Inc. compare 8.7×
Oil & Gas Midstream industry median 2.4×
Energy sector median 1.5×
Market median 1.9×

What P/S ratio is

Price to Sales Ratio shows how much investors pay for each dollar of a company’s annual sales, whether or not it is profitable.

(Stock Price × Shares (Basic, Weighted) (latest quarter)) ÷ Revenue (TTM)

The full definition of P/S ratio →

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