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Pre-Tax Income at other companies

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$21.73M+282%
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Other financials

Income statement

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Revenue$1.2B+30.0%
Gross profit$1.1B+23.1%
Operating income$526.7M+18.5%
Net income$403.6M+18.1%
EPS (diluted)$0.99+13.8%

Balance sheet

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Cash & equivalents$104.8M-19.2%
Total debt$9.1B+30.4%
Total assets$16.3B+34.2%

Cash flow

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Operating cash flow$534.7M-5.2%
CapEx$270.3M+51.3%
Free cash flow$264.4M-31.4%

Valuation

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Market cap$19.07B+24.0%
Enterprise value$28.09B+26.3%
P/E14.9×+2.8×
P/S4.4×+0.2×

Profitability

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Gross margin92.1%-3.7pp
Operating margin40.2%-5.4pp
Net margin29.6%-5.0pp
FCF margin28.1%-11.4pp

Returns & leverage

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Current ratio0.9×-0.4×

Where this comes from

Reported directly by Western Midstream Partners in its filing.

Tagged under the XBRL concept us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The source filing: Western Midstream Partners’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:26 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001423902-26-000093
thousands except per-unit amountsThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Interest expense(108,984)(95,170)(222,374)(192,463)
Gain (loss) on early extinguishment of debt(150)(150)
Other income (expense), net2,8343,6929,56411,169
Income (loss) before income taxes420,403353,001782,936672,988
Income tax expense (benefit)5,1522,2398,6535,674
Net income (loss)415,251350,762774,283667,314
Net income (loss) attributable to noncontrolling interests11,6999,08220,45516,627
Net income (loss) attributable to Western Midstream Partners, LP$403,552$341,680$753,828$650,687

Item 1. Financial Statements

FAQ

What is Western Midstream Partners's pre-tax income?
Western Midstream Partners (WES) reported pre-tax income of $420.4M in Q2 2026.
How has Western Midstream Partners's pre-tax income changed year-over-year?
Western Midstream Partners's pre-tax income increased by 19.1% year-over-year, from $353M to $420.4M.
What is the long-term trend for Western Midstream Partners's pre-tax income?
Over 4 years (2021 to 2025), Western Midstream Partners's pre-tax income has grown at a 7.1% compound annual growth rate (CAGR), from $934.19M to $1.23B.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.

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