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 equity

Alert me on Return on equity

Western Midstream Partners, LP's return on equity over the twelve months to 30 September 2026 was 0.00%, down 30.6 percentage points from fiscal 2025 (30.6%). Over the past ten years it has ranged from 2.14% (fiscal 2015) to 48.0% (fiscal 2024); the current reading is higher than 73% of that period. That is below the Oil & Gas Midstream industry median of 11.7% and below the Energy sector median of 7.54%.

Return on equity, annual

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Annual newest first

Period Return on equity Change (points)
FY2025 30.6% (17.37)
FY2024 48.0% 15.46
FY2023 32.5% (5.81)
FY2022 38.4% 8.42
FY2021 29.9% 13.40
FY2020 16.5% 0.45
FY2019 16.1% 7.72
FY2018 8.36% (0.99)
FY2017 9.35% 1.02
FY2016 8.33% 6.19

Against its own ten years

Low 2.14% High 48.0%
Ten-year median 16.5%
Current reading's percentile 73

Return on equity against peers

Company Return on equity
CQP Cheniere Energy Partners, L.P. compare 1,050.9%
FRO Frontline PLC compare 53.9%
VG Venture Global, Inc. compare 31.9%
PAA Plains All American Pipeline, L.P. compare 22.0%
PBA Pembina Pipeline Corp. compare 10.8%
DTM DT Midstream, Inc. compare 9.61%
PAGP Plains Group Holdings, L.P. compare 3.77%
VNOM Viper Energy Inc. compare 2.58%
WES Western Midstream Partners, LP 0.00%
Oil & Gas Midstream industry median 11.7%
Energy sector median 7.54%
Market median 0.51%

What Return on equity is

ROE shows how much profit a company earns for its shareholders on the equity they have in the business.

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

The full definition of Return on equity →

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