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Non-Current Assets

Accumulated Depreciation

Western Midstream Partners Accumulated Depreciation increased by 2.2% to $6.57B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 10.4%, from $5.95B to $6.57B. Over 5 years (FY 2020 to FY 2025), Accumulated Depreciation shows an upward trend with a 10.3% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2014
Last reportedQ1 2026May 6, 2026
Parent metricPP&E (Net)

How to read this metric

A rising balance is expected over time; a very high ratio to gross assets may signal the need for future capital expenditure for asset replacement.

Detailed definition

This represents the cumulative total of depreciation expenses recorded against the company's property, plant, and equipm...

Peer comparison

Midstream operators with long-lived infrastructure assets typically show steady growth in accumulated depreciation over time.

Metric ID: ppe_accumulated_depreciation

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$4.09B$4.21B$4.33B$4.46B$4.58B$4.7B$4.82B$5.01B$5.14B$5.14B$5.29B$5.43B$5.5B$5.65B$5.8B$5.95B$6.11B$6.26B$6.43B$6.57B
QoQ Change+3.0%+3.0%+2.8%+2.8%+2.5%+2.7%+3.8%+2.6%+0.1%+2.8%+2.7%+1.3%+2.6%+2.6%+2.7%+2.6%+2.5%+2.7%+2.2%
YoY Change+12.1%+11.6%+11.3%+12.4%+12.2%+9.5%+9.7%+8.5%+7.1%+9.8%+9.5%+9.5%+11.0%+10.9%+10.9%+10.4%
% of PP&E (Net)47.6%49.4%50.9%52.6%54.0%55.0%56.5%58.6%59.8%59.4%54.8%55.9%57.1%58.2%59.7%61.2%62.7%64.4%57.3%58.2%
Share Change+1.8pp+1.5pp+1.7pp+1.5pp+1.0pp+1.5pp+2.2pp+1.1pp-0.4pp-4.6pp+1.1pp+1.2pp+1.2pp+1.4pp+1.5pp+1.5pp+1.7pp-7.1pp+0.9pp
Range$4.09B$6.57B
CAGR+10.5%
Avg YoY Growth+10.4%
Median YoY Growth+10.6%
Current Streak19+ quarters growth

Frequently Asked Questions

What is Western Midstream Partners's accumulated depreciation?
Western Midstream Partners (WES) reported accumulated depreciation of $6.57B in Q1 2026.
How has Western Midstream Partners's accumulated depreciation changed year-over-year?
Western Midstream Partners's accumulated depreciation increased by 10.4% year-over-year, from $5.95B to $6.57B.
What is the long-term trend for Western Midstream Partners's accumulated depreciation?
Over 5 years (2020 to 2025), Western Midstream Partners's accumulated depreciation has grown at a 10.3% compound annual growth rate (CAGR), from $3.93B to $6.43B.
What does accumulated depreciation mean?
The total amount of depreciation taken on the company's physical assets over their useful lives.