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Operating Expenses

Taxes other than income taxes

Western Midstream Partners Taxes other than income taxes increased by 8.3% to $19.49M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 9.3%, from $17.83M to $19.49M. Over 4 years (FY 2021 to FY 2025), Taxes other than income taxes shows relatively stable performance with a 1.9% CAGR. This is a positive signal — lower values indicate better performance for this metric.

Analysis

StatementIncome Statement
SectionOperating Expenses
CategoryEfficiency
SignalLower is better
VolatilityStable
First reportedQ1 2013
Last reportedQ1 2026May 6, 2026

How to read this metric

Stable or declining levels relative to asset base suggest efficient tax management, while spikes may indicate changes in local regulatory or tax environments.

Detailed definition

Includes various non-income based taxes such as property taxes, franchise taxes, and excise taxes incurred during the no...

Peer comparison

Common in capital-intensive industries like midstream energy; peers report these as taxes other than income taxes.

Metric ID: nee_taxes_other_than_income_taxes

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$17.97M$13.64M$18.28M$18.44M$22.66M$19.39M$18.07M$6.83M$18.55M$14.58M$16.5M$13.92M$17.43M$12.64M$18.68M$17.83M$17.81M$15.73M$17.99M$19.49M
QoQ Change-24.1%+34.0%+0.9%+22.9%-14.4%-6.8%-62.2%+171.5%-21.4%+13.1%-15.6%+25.2%-27.5%+47.9%-4.6%-0.1%-11.7%+14.4%+8.3%
YoY Change+26.1%+42.1%-1.1%-63.0%-18.2%-24.8%-8.7%+103.8%-6.0%-13.4%+13.3%+28.1%+2.2%+24.5%-3.7%+9.3%
Range$6.83M$22.66M
CAGR+1.7%
Avg YoY Growth+6.9%
Median YoY Growth+0.5%
Current Streak2 quarters growth

Frequently Asked Questions

What is Western Midstream Partners's taxes other than income taxes?
Western Midstream Partners (WES) reported taxes other than income taxes of $19.49M in Q1 2026.
How has Western Midstream Partners's taxes other than income taxes changed year-over-year?
Western Midstream Partners's taxes other than income taxes increased by 9.3% year-over-year, from $17.83M to $19.49M.
What is the long-term trend for Western Midstream Partners's taxes other than income taxes?
Over 4 years (2021 to 2025), Western Midstream Partners's taxes other than income taxes has grown at a 1.9% compound annual growth rate (CAGR), from $64.27M to $69.34M.
What does taxes other than income taxes mean?
Business-related taxes that are not based on the company's net income, such as property or excise taxes.