WES Western Midstream Partners LP
Price (delayed)
$38.07
Market cap
$14.52B
P/E Ratio
9.42
Dividend/share
$3.5
EPS
$4.04
Enterprise value
$21.36B
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 has soared by 55% YoY and by 3.1% from the previous quarter
The net income has soared by 54% YoY and by 3% from the previous quarter
Western Midstream Partners's quick ratio has increased by 47% YoY but it has decreased by 2.8% from the previous quarter
Key stats
What are the main financial stats of WES
Market
Valuations
Earnings
Shares outstanding
381.32M
Market cap
$14.52B
Enterprise value
$21.36B
Price to earnings (P/E)
9.42
Price to book (P/B)
4.48
Price to sales (P/S)
4.02
EV/EBIT
10.84
EV/EBITDA
8.15
EV/Sales
5.93
Revenue
$3.61B
Gross profit
$2.55B
Operating income
$1.56B
Net income
$1.57B
EBIT
$1.97B
EBITDA
$2.62B
Free cash flow
$1.3B
Per share
Balance sheet
Liquidity
EPS
$4.04
EPS diluted
$4.02
Free cash flow per share
$3.43
Book value per share
$8.5
Revenue per share
$9.48
TBVPS
$32.83
Total assets
$13.14B
Total liabilities
$9.77B
Debt
$7.94B
Equity
$3.24B
Working capital
$155.5M
Debt to equity
2.45
Current ratio
1.09
Quick ratio
1.06
Net debt/EBITDA
2.61
Margins
Efficiency
Dividend
EBITDA margin
72.7%
Gross margin
70.8%
Net margin
43.6%
Operating margin
43.3%
Return on assets
12.2%
Return on equity
47.3%
Return on invested capital
11.1%
Return on capital employed
17.2%
Return on sales
54.6%
Dividend yield
9.19%
DPS
$3.5
Payout ratio
86.6%
WES stock price
How has the Western Midstream Partners stock price performed over time
Intraday
3.17%
1 week
-1.19%
1 month
-7.75%
1 year
6.61%
YTD
-0.94%
QTD
-7.06%
Financial performance
How have Western Midstream Partners's revenue and profit performed over time
Revenue
$3.61B
Gross profit
$2.55B
Operating income
$1.56B
Net income
$1.57B
Gross margin
70.8%
Net margin
43.6%
The net income has soared by 54% YoY and by 3% from the previous quarter
The company's net margin rose by 33% YoY
The operating income has increased by 26% year-on-year and by 2.5% since the previous quarter
WES's gross profit is up by 17% YoY
Growth
What is Western Midstream Partners's growth rate over time
Valuation
What is Western Midstream Partners stock price valuation
P/E
9.42
P/B
4.48
P/S
4.02
EV/EBIT
10.84
EV/EBITDA
8.15
EV/Sales
5.93
WES's EPS has soared by 55% YoY and by 3.1% from the previous quarter
WES's P/E is 8% below its last 4 quarters average of 9.9 and 6% below its 5-year quarterly average of 9.7
WES's price to book (P/B) is 32% higher than its 5-year quarterly average of 3.3 but 3.6% lower than its last 4 quarters average of 4.5
The company's equity rose by 12% YoY
WES's P/S is 22% more than its 5-year quarterly average of 3.2 but 7% less than its last 4 quarters average of 4.2
The revenue has grown by 16% year-on-year
Efficiency
How efficient is Western Midstream Partners business performance
Western Midstream Partners's return on assets has increased by 42% YoY
Western Midstream Partners's return on equity has increased by 37% YoY
Western Midstream Partners's ROIC has increased by 37% YoY and by 2.8% from the previous quarter
WES's ROS is up by 23% YoY
Dividends
What is WES's dividend history
DPS
$3.5
Dividend yield
9.19%
Payout ratio
86.6%
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
Western Midstream Partners's quick ratio has increased by 47% YoY but it has decreased by 2.8% from the previous quarter
The company's current ratio rose by 43% YoY
The company's debt is 145% higher than its equity
The company's equity rose by 12% YoY
Western Midstream Partners's debt to equity has decreased by 10% YoY
All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise
specified. Data from 
and Sharadar.