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Asset turnover at other companies

BorgWarner logo
BorgWarnerBWA
9.7×+0.7×
Fastenal logo
FastenalFAST
$667.1M+14.0%
PNC Financial Services logo
PNC Financial ServicesPNC
$601.46B+8.1%
JPMorgan Chase logo
JPMorgan ChaseJPM
65%0.0pp
KeyCorp logo
KeyCorpKEY
$97.41B+6.3%
Northern Trust logo
Northern TrustNTRS
$0

Other financials

Income statement

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Revenue$1.1B+22.5%
Gross profit$1.0B+16.6%
Operating income$469.2M+14.5%
Net income$350.3M+13.4%
EPS (diluted)$0.85+7.6%

Balance sheet

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Cash & equivalents$647.5M+44.4%
Total debt$8.7B+18.7%
Total assets$14.9B+19.8%

Cash flow

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Operating cash flow$469.9M-11.5%
CapEx$235.7M+65.5%
Free cash flow$234.2M-39.7%

Valuation

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Market cap$17.75B+3.8%
Enterprise value$25.81B+7.8%
P/E14.5×+1.5×
P/S4.4×-0.3×

Profitability

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Gross margin93.4%-2.0pp
Operating margin41%-5.8pp
Net margin30.2%-5.9pp
FCF margin33.1%-7.8pp

Returns & leverage

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Current ratio1.1×-0.1×

Where this comes from

Calculated from Western Midstream Partners’s reported figures.

Based on trailing twelve months.

The official record: Western Midstream Partners’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Western Midstream Partners's asset turnover?
Western Midstream Partners (WES) reported asset turnover of 0.3× in Q1 2026.
How has Western Midstream Partners's asset turnover changed year-over-year?
Western Midstream Partners's asset turnover increased by 0.6% year-over-year, from 0.3× to 0.3×.
What is the long-term trend for Western Midstream Partners's asset turnover?
Over 4 years (2021 to 2025), Western Midstream Partners's asset turnover has grown at a 5.2% compound annual growth rate (CAGR), from 1× to 1.2×.
What does asset turnover mean?
How many sales dollars the company generates from each dollar of assets.
How do you interpret asset turnover?
Higher turnover means a more sales-efficient asset base. Low-margin businesses (retail, distribution) compete on high turnover; high-margin ones (software, luxury) on margin.
How does asset turnover compare across companies?
Compare within an industry — turnover differences across sectors reflect business models, not performance.