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

39.99 2.55 −5.99%
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

Western Midstream Partners, LP (WES) Return on assets

Alert me on Return on assets

Western Midstream Partners, LP's return on assets over the twelve months to 30 September 2026 was 0.00%, down 8.2 percentage points from fiscal 2025 (8.20%). Over the past ten years it has ranged from 1.21% (fiscal 2015) to 12.0% (fiscal 2024); the current reading is higher than 73% of that period. That is below the Oil & Gas Midstream industry median of 4.43% and below the Energy sector median of 3.35%.

Return on assets, annual

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Annual newest first

Period Return on assets Change (points)
FY2025 8.20% (3.80)
FY2024 12.0% 3.59
FY2023 8.41% (2.14)
FY2022 10.6% 2.79
FY2021 7.76% 3.49
FY2020 4.27% (1.29)
FY2019 5.56% 1.77
FY2018 3.79% (0.99)
FY2017 4.78% 0.33
FY2016 4.45% 3.24

Against its own ten years

Low 1.21% High 12.0%
Ten-year median 5.56%
Current reading's percentile 73

Return on assets against peers

Company Return on assets
FRO Frontline PLC compare 24.9%
CQP Cheniere Energy Partners, L.P. compare 16.1%
PAA Plains All American Pipeline, L.P. compare 9.03%
VG Venture Global, Inc. compare 6.17%
DTM DT Midstream, Inc. compare 4.62%
PBA Pembina Pipeline Corp. compare 4.60%
VNOM Viper Energy Inc. compare 2.07%
PAGP Plains Group Holdings, L.P. compare 1.90%
WES Western Midstream Partners, LP 0.00%
Oil & Gas Midstream industry median 4.43%
Energy sector median 3.35%
Market median 0.00%

What Return on assets is

ROA tells an investor how much profit a company earns for shareholders from the assets it uses to run its business.

Annual: Net Income Allotted to Shareholders ÷ Average Assets; TTM: Net Income Allotted to Shareholders ÷ Average Assets (latest quarter)

The full definition of Return on assets →

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