WES Western Midstream Partners PE ratio, current and historical analysis
The current PE ratio for Western Midstream Partners stock as of May 28, 2025 is 11.42. This is calculated based on the current EPS of $3.36 and the stock price of $38.36 per share. The P/E ratio has an increase of 10% from the past four quarters average of 10.4.
WES PE ratio history
The average historical PE ratio of Western Midstream Partners for the last ten years is 20.76. The current PE ratio of 11.42 is 45% below the historical average. Over the past ten years, WES's PE ratio was at its highest in the Dec 2015 quarter at 93.05, when the stock price was $36.29 and the EPS was $0.39. The lowest value was in the Mar 2020 quarter, when it reached 4.5 with a price of $3.24 and an EPS of $0.72.
Western Midstream Partners PE ratio by year
Maximum annual increase: 57.58% in 2015
Maximum annual decrease: -98.14% in 2013
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 9.51 | -15.17% | $38.43 | $4.04 |
| 2023 | 11.21 | 25.67% | $29.26 | $2.61 |
| 2022 | 8.92 | -12.72% | $26.85 | $3.01 |
| 2021 | 10.22 | -12.72% | $22.27 | $2.18 |
| 2020 | 11.71 | -5.41% | $13.82 | $1.18 |
| 2019 | 12.38 | -24.56% | $19.69 | $1.59 |
| 2018 | 16.41 | -24.03% | $27.73 | $1.69 |
| 2017 | 21.6 | -21.97% | $37.16 | $1.72 |
| 2016 | 27.68 | -70.25% | $42.35 | $1.53 |
| 2015 | 93.05 | 57.58% | $36.29 | $0.39 |
| 2014 | 59.05 | 6.11% | $60.23 | $1.02 |
| 2013 | 55.65 | -98.14% | $39.51 | $0.71 |
| 2012 | 2,995 | N/A | $29.95 | $0.01 |
| 2011 | N/A | N/A | N/A | N/A |
| 2010 | N/A | N/A | N/A | N/A |
Western Midstream Partners PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 12.19 | 28.18% | $40.96 | $3.36 |
| Dec 2024 | 9.51 | -2.56% | $38.43 | $4.04 |
| Sep 2024 | 9.76 | -4.41% | $38.26 | $3.92 |
| Jun 2024 | 10.21 | 2.2% | $39.73 | $3.89 |
| Mar 2024 | 9.99 | -10.88% | $35.55 | $3.56 |
| Dec 2023 | 11.21 | 11.99% | $29.26 | $2.61 |
| Sep 2023 | 10.01 | 1.11% | $27.23 | $2.72 |
| Jun 2023 | 9.9 | 4.32% | $26.52 | $2.68 |
| Mar 2023 | 9.49 | 6.39% | $26.37 | $2.78 |
| Dec 2022 | 8.92 | -2.83% | $26.85 | $3.01 |
| Sep 2022 | 9.18 | 1.21% | $25.16 | $2.74 |
| Jun 2022 | 9.07 | -10.46% | $24.31 | $2.68 |
| Mar 2022 | 10.13 | -0.88% | $25.22 | $2.49 |
| Dec 2021 | 10.22 | 7.24% | $22.27 | $2.18 |
| Sep 2021 | 9.53 | -4.8% | $20.96 | $2.2 |
WES Price vs fair value
WES average PE ratio chart
Currently, WES's PE ratio is greater than its 3 and 5-year historical averages, but it is below the 10-year average.
WES PE vs peers
Compared to its peer stocks EPD and OKE, WES's PE ratio stands lower.
| Stock name | PE ratio | Market cap |
|---|---|---|
| WES Western Midstream Partners LP | 11.42 | $14.63B |
| EPD Enterprise Products Partners Lp | 11.77 | $68.17B |
| OKE Oneok Inc | 15.71 | $50.34B |
| ATO Atmos Energy Corp | 21.35 | $24.42B |
Frequently asked questions
What is Western Midstream Partners's PE ratio?
As of May 28, 2025, WES stock has a price to earnings ratio of 11.42.
What is the 3-year average PE ratio for Western Midstream Partners (WES)?
As an average over the last 3 years, WES stock has a PE ratio of 9.95.
What is the 5-year average PE ratio for Western Midstream Partners (WES)?
As an average over the last 5 years, WES stock has a PE ratio of 9.83.
What is the highest PE ratio for WES?
Over the last ten years, the quarterly PE ratio reached a historic high of 93.05 in the Dec 2015 quarter.
How does the current PE ratio for WES compare to its historical average?
The current price to earnings ratio of WES is 45% lower than the 10-year historical average.
How is WES's PE ratio calculated (Western Midstream Partners PE ratio formula)?
The PE ratio is calculated by dividing the most recent price of a stock by its trailing twelve months EPS. As of today (May 28, 2025), Western Midstream Partners's stock price is $38.36. The earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $3.36. Therefore, Western Midstream Partners's P/E ratio for today is 11.42. PE RATIO(11.42) = STOCK PRICE($38.36) / TTM EPS($3.36)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.