Price (delayed)
$38.1
Market cap
$14.53B
P/E Ratio
11.65
Dividend/share
$3.57
EPS
$3.27
Enterprise value
$21.34B
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 7% year-on-year
WES's gross profit is up by 7% YoY
Western Midstream Partners's quick ratio has decreased by 26% YoY but it has increased by 8% from the previous quarter
WES's P/E is 18% above its 5-year quarterly average of 9.9 and 8% above its last 4 quarters average of 10.8
WES's EPS is down by 16% YoY and by 2.7% from the previous quarter
Key stats
What are the main financial stats of WES
Market
Valuations
Earnings
Shares outstanding
381.33M
Market cap
$14.53B
Enterprise value
$21.34B
Price to earnings (P/E)
11.65
Price to book (P/B)
4.56
Price to sales (P/S)
3.96
EV/EBIT
12.7
EV/EBITDA
9.07
EV/Sales
5.81
Revenue
$3.67B
Gross profit
$2.6B
Operating income
$1.58B
Net income
$1.27B
EBIT
$1.68B
EBITDA
$2.35B
Free cash flow
$1.45B
Per share
Balance sheet
Liquidity
EPS
$3.27
EPS diluted
$3.25
Free cash flow per share
$3.81
Book value per share
$8.36
Revenue per share
$9.63
TBVPS
$30.21
Total assets
$12.16B
Total liabilities
$8.83B
Debt
$6.94B
Equity
$3.19B
Working capital
$210.21M
Debt to equity
2.18
Current ratio
1.3
Quick ratio
1.2
Net debt/EBITDA
2.89
Margins
Efficiency
Dividend
EBITDA margin
64.1%
Gross margin
70.9%
Net margin
34.7%
Operating margin
43.1%
Return on assets
9.8%
Return on equity
38.7%
Return on invested capital
9.5%
Return on capital employed
14.7%
Return on sales
45.8%
Dividend yield
9.37%
DPS
$3.57
Payout ratio
109.2%
WES stock price
How has the Western Midstream Partners stock price performed over time
Intraday
-0.88%
1 week
-3.25%
1 month
-3.18%
1 year
-3.57%
YTD
-0.86%
QTD
-1.55%
Financial performance
How have Western Midstream Partners's revenue and profit performed over time
Revenue
$3.67B
Gross profit
$2.6B
Operating income
$1.58B
Net income
$1.27B
Gross margin
70.9%
Net margin
34.7%
The company's net margin fell by 22% YoY and by 3.6% QoQ
The net income has contracted by 16% YoY and by 2.8% from the previous quarter
The revenue has grown by 7% year-on-year
The operating income has increased by 7% year-on-year and by 2.3% since the previous quarter
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
11.65
P/B
4.56
P/S
3.96
EV/EBIT
12.7
EV/EBITDA
9.07
EV/Sales
5.81
WES's P/E is 18% above its 5-year quarterly average of 9.9 and 8% above its last 4 quarters average of 10.8
WES's EPS is down by 16% YoY and by 2.7% from the previous quarter
WES's price to book (P/B) is 30% higher than its 5-year quarterly average of 3.5
The company's equity fell by 2.9% YoY
WES's P/S is 16% more than its 5-year quarterly average of 3.4 but 3.4% less than its last 4 quarters average of 4.1
The revenue has grown by 7% year-on-year
Efficiency
How efficient is Western Midstream Partners business performance
Western Midstream Partners's return on equity has decreased by 20% YoY and by 2% QoQ
Western Midstream Partners's return on assets has decreased by 20% YoY and by 3% QoQ
WES's ROS is down by 17% YoY and by 2.8% from the previous quarter
Western Midstream Partners's ROIC has decreased by 11% YoY and by 2.1% from the previous quarter
Dividends
What is WES's dividend history
DPS
$3.57
Dividend yield
9.37%
Payout ratio
109.2%
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 38% greater than the total liabilities
Western Midstream Partners's quick ratio has decreased by 26% YoY but it has increased by 8% from the previous quarter
The company's current ratio fell by 23% YoY but it rose by 10% QoQ
The company's debt is 118% higher than its equity
The company's debt fell by 4.6% QoQ and by 2.9% YoY
Western Midstream Partners's debt to equity has decreased by 4.4% QoQ
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.