WES Western Midstream Partners LP
Price (delayed)
$41.13
Market cap
$15.65B
P/E Ratio
10.49
Dividend/share
$3.5
EPS
$3.92
Enterprise value
$22.46B
Western Midstream Partners, LP ('WES') is a Delawaremaster limited partnership formed to acquire, own, develop, and operate midstream assets. With midstream assets located in the Rocky Mountains, North-central Pennsylvania, Texas,
Highlights
WES's EPS is up by 44% YoY
The net income has grown by 43% YoY
Western Midstream Partners's quick ratio has decreased by 37% YoY and by 33% from the previous quarter
WES's P/E is 12% above its 5-year quarterly average of 9.4
Key stats
What are the main financial stats of WES
Market
Valuations
Earnings
Shares outstanding
380.56M
Market cap
$15.65B
Enterprise value
$22.46B
Price to earnings (P/E)
10.49
Price to book (P/B)
4.83
Price to sales (P/S)
4.43
EV/EBIT
11.67
EV/EBITDA
8.72
EV/Sales
6.36
Revenue
$3.53B
Gross profit
$2.51B
Operating income
$1.52B
Net income
$1.53B
EBIT
$1.92B
EBITDA
$2.58B
Free cash flow
$1.26B
Per share
Balance sheet
Liquidity
EPS
$3.92
EPS diluted
$3.92
Free cash flow per share
$3.32
Book value per share
$8.51
Revenue per share
$9.29
TBVPS
$32.37
Total assets
$12.98B
Total liabilities
$9.6B
Debt
$7.94B
Equity
$3.24B
Working capital
$186.49M
Debt to equity
2.45
Current ratio
1.11
Quick ratio
1.09
Net debt/EBITDA
2.64
Margins
Efficiency
Dividend
EBITDA margin
72.9%
Gross margin
71%
Net margin
43.2%
Operating margin
43.1%
Return on assets
12%
Return on equity
47.2%
Return on invested capital
10.8%
Return on capital employed
17%
Return on sales
54.4%
Dividend yield
8.51%
DPS
$3.5
Payout ratio
89.3%
WES stock price
How has the Western Midstream Partners stock price performed over time
Intraday
-1.2%
1 week
1.36%
1 month
-4.1%
1 year
36.28%
YTD
7.03%
QTD
7.03%
Financial performance
How have Western Midstream Partners's revenue and profit performed over time
Revenue
$3.53B
Gross profit
$2.51B
Operating income
$1.52B
Net income
$1.53B
Gross margin
71%
Net margin
43.2%
The net income has grown by 43% YoY
The operating income has increased by 32% year-on-year and by 3% since the previous quarter
The company's net margin rose by 22% YoY but it fell by 2.5% QoQ
WES's gross profit is up by 21% YoY and by 3.1% QoQ
Growth
What is Western Midstream Partners's growth rate over time
Valuation
What is Western Midstream Partners stock price valuation
P/E
10.49
P/B
4.83
P/S
4.43
EV/EBIT
11.67
EV/EBITDA
8.72
EV/Sales
6.36
WES's EPS is up by 44% YoY
WES's P/E is 12% above its 5-year quarterly average of 9.4
WES's price to book (P/B) is 56% higher than its 5-year quarterly average of 3.1 and 12% higher than its last 4 quarters average of 4.3
The company's equity rose by 15% YoY
WES's P/S is 48% more than its 5-year quarterly average of 3.0 and 8% more than its last 4 quarters average of 4.1
The revenue has grown by 17% year-on-year and by 3.1% since the previous quarter
Efficiency
How efficient is Western Midstream Partners business performance
Western Midstream Partners's return on equity has increased by 31% YoY but it has decreased by 2.5% QoQ
Western Midstream Partners's return on assets has increased by 30% YoY
Western Midstream Partners's ROIC has increased by 27% YoY
WES's ROS is up by 17% YoY
Dividends
What is WES's dividend history
DPS
$3.5
Dividend yield
8.51%
Payout ratio
89.3%
Recent dividends
Special dividends are included in TTM DPS and yield
Financial health
How did Western Midstream Partners financials performed over time
The total assets is 35% greater than the total liabilities
The company's current ratio fell by 38% YoY and by 34% QoQ
Western Midstream Partners's quick ratio has decreased by 37% YoY and by 33% from the previous quarter
The company's debt is 145% higher than its equity
The company's equity rose by 15% YoY
Western Midstream Partners's debt to equity has increased by 12% QoQ but it has decreased by 4.7% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.