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Price / earnings at other companies

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$14.20+6.8%
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Tenet HealthcareTHC
$54.96+24.9%
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Tenet HealthcareTHC
$8.09+87.7%
EFC
Ellington Financial Inc.EFC
$11.00-3.4%
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Wesco InternationalWCC
9%+1.1pp
Royal Caribbean Group logo
Royal Caribbean GroupRCL
85%0.0pp

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/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 the most recent quarter.

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 price / earnings?
Western Midstream Partners (WES) reported price / earnings of 13.3× in Q1 2026.
How has Western Midstream Partners's price / earnings changed year-over-year?
Western Midstream Partners's price / earnings increased by 11.2% year-over-year, from 11.9× to 13.3×.
What is the long-term trend for Western Midstream Partners's price / earnings?
Over 4 years (2021 to 2025), Western Midstream Partners's price / earnings has grown at a 7.4% compound annual growth rate (CAGR), from 36.3× to 48.3×.
What does price / earnings mean?
How many dollars investors pay for each dollar of the company's annual profit.
How do you interpret price / earnings?
Lower can mean cheaper — or that the market expects earnings to fall. High multiples embed growth expectations. Meaningless when earnings are negative, so it is suppressed there.
How does price / earnings compare across companies?
Compare against the company's own history and sector peers, not across sectors with different growth and risk profiles.