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Price (delayed)
$39.08
Market cap
$14.9B
P/E Ratio
11.63
Dividend/share
$3.54
EPS
$3.36
Enterprise value
$21.73B
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
The revenue has grown by 11% year-on-year
WES's gross profit is up by 10% YoY
Western Midstream Partners's quick ratio has decreased by 22% YoY but it has increased by 4.7% from the previous quarter
WES's P/E is 19% above its 5-year quarterly average of 9.8 and 12% above its last 4 quarters average of 10.4
WES's EPS is down by 17% from the previous quarter and by 6% YoY
Key stats
What are the main financial stats of WES
Market
Valuations
Earnings
Shares outstanding
381.33M
Market cap
$14.9B
Enterprise value
$21.73B
Price to earnings (P/E)
11.63
Price to book (P/B)
4.67
Price to sales (P/S)
4.1
EV/EBIT
12.7
EV/EBITDA
9.15
EV/Sales
5.98
Revenue
$3.63B
Gross profit
$2.55B
Operating income
$1.55B
Net income
$1.31B
EBIT
$1.71B
EBITDA
$2.37B
Free cash flow
$1.49B
Per share
Balance sheet
Liquidity
EPS
$3.36
EPS diluted
$3.35
Free cash flow per share
$3.9
Book value per share
$8.37
Revenue per share
$9.54
TBVPS
$31
Total assets
$12.46B
Total liabilities
$9.12B
Debt
$7.28B
Equity
$3.19B
Working capital
$178.97M
Debt to equity
2.28
Current ratio
1.18
Quick ratio
1.11
Net debt/EBITDA
2.88
Margins
Efficiency
Dividend
EBITDA margin
65.3%
Gross margin
70.3%
Net margin
36%
Operating margin
42.6%
Return on assets
10.1%
Return on equity
39.5%
Return on invested capital
9.7%
Return on capital employed
14.9%
Return on sales
47.1%
Dividend yield
9.05%
DPS
$3.54
Payout ratio
105.2%
WES stock price
How has the Western Midstream Partners stock price performed over time
Intraday
0.36%
1 week
-0.15%
1 month
0.67%
1 year
4.6%
YTD
1.69%
QTD
-4.59%
Financial performance
How have Western Midstream Partners's revenue and profit performed over time
Revenue
$3.63B
Gross profit
$2.55B
Operating income
$1.55B
Net income
$1.31B
Gross margin
70.3%
Net margin
36%
The company's net margin fell by 17% QoQ and by 16% YoY
The net income has contracted by 17% from the previous quarter and by 6% YoY
The revenue has grown by 11% year-on-year
The operating income has increased by 11% year-on-year
Price vs fundamentals
How does WES's price correlate with its fundamentals
Growth
What is Western Midstream Partners's growth rate over time
Valuation
What is Western Midstream Partners stock price valuation
P/E
11.63
P/B
4.67
P/S
4.1
EV/EBIT
12.7
EV/EBITDA
9.15
EV/Sales
5.98
WES's P/E is 19% above its 5-year quarterly average of 9.8 and 12% above its last 4 quarters average of 10.4
WES's EPS is down by 17% from the previous quarter and by 6% YoY
WES's price to book (P/B) is 37% higher than its 5-year quarterly average of 3.4
WES's P/S is 28% more than its 5-year quarterly average of 3.2 but 2.4% less than its last 4 quarters average of 4.2
The revenue has grown by 11% year-on-year
Efficiency
How efficient is Western Midstream Partners business performance
Western Midstream Partners's return on assets has decreased by 17% QoQ and by 11% YoY
Western Midstream Partners's return on equity has decreased by 16% QoQ and by 14% YoY
WES's ROS is down by 14% from the previous quarter and by 13% YoY
Western Midstream Partners's ROIC has decreased by 13% from the previous quarter and by 4% YoY
Dividends
What is WES's dividend history
DPS
$3.54
Dividend yield
9.05%
Payout ratio
105.2%
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 37% greater than the total liabilities
Western Midstream Partners's quick ratio has decreased by 22% YoY but it has increased by 4.7% from the previous quarter
The company's current ratio fell by 22% YoY but it rose by 8% QoQ
The company's debt is 128% higher than its equity
The company's debt fell by 8% QoQ
Western Midstream Partners's debt to equity has decreased by 7% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.