What are Western Midstream Partners's profit margins?

Western Midstream Partners (WES) runs a 93.4% gross margin and a 41.0% operating margin, with a 30.2% net margin.

Where do Western Midstream Partners's ratios come from?

Every ratio is computed from Western Midstream Partners's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Western Midstream Partners WES Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Gross margin	94.6%-0.6pp	95.2%+0.5pp	94.7%+7.6pp	87.1%-1.7pp
Operating margin	41.7%-13.0pp	54.7%+10.3pp	44.4%-4.4pp	48.8%+2.4pp
Net margin	30.7%-12.9pp	43.6%+10.7pp	32.9%-4.5pp	37.4%+5.6pp
EBITDA margin	60.2%-12.5pp	72.7%+9.0pp	63.7%-3.0pp	66.7%+1.1pp
Free cash flow margin	38.9%+2.7pp	36.1%+6.3pp	29.8%-7.5pp	37.3%-13.2pp
Returns
Return on assets	8.4%-3.9pp	12.3%+3.7pp	8.6%-2.2pp	10.8%+2.9pp
Efficiency
Asset turnover	0.3×0.0×	0.3×0.0×	0.3×0.0×	0.3×0.0×
Liquidity
Current ratio	1.3×+0.2×	1.1×+0.3×	0.8×-0.2×	1×+0.4×
Quick ratio	1.3×+0.2×	1.1×+0.3×	0.8×-0.2×	1×+0.4×
Cash ratio	0.7×0.0×	0.6×+0.4×	0.2×-0.1×	0.3×+0.1×
Leverage
Debt-to-assets	0.6×0.0×	0.6×0.0×	0.6×0.0×	0.6×0.0×
Net debt / EBITDA	3.5×+0.8×	2.7×-1.2×	3.9×+0.9×	3×-0.6×
Interest coverage	4.1×-1.1×	5.2×+1.2×	4×-0.8×	4.8×+1.2×
Valuation
Market capitalization	$16.12B+10.2%	$14.62B+31.7%	$11.1B+7.4%	$10.34B+13.7%
Enterprise value	$24.14B+11.2%	$21.71B+15.3%	$18.83B+11.5%	$16.89B+6.5%
Price / earnings	13.6×+4.4×	9.3×-1.6×	10.9×+2.4×	8.5×-1.4×
Price / sales	4.2×+0.1×	4.1×+0.5×	3.6×+0.4×	3.2×0.0×
EV / EBITDA	10.4×+2.2×	8.3×-1.2×	9.5×+1.7×	7.8×-0.6×
EV / sales	6.3×+0.3×	6×0.0×	6.1×+0.9×	5.2×-0.3×
Free cash flow yield	9.3%+0.4pp	8.9%+0.6pp	8.3%-3.4pp	11.7%-4.2pp
Earnings yield	7.3%-3.4pp	10.8%+1.6pp	9.2%-2.6pp	11.8%+1.7pp
Dividend yield	8.9%+0.4pp	8.5%-0.3pp	8.8%+1.7pp	7.1%+1.2pp

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Questions, answered.

What are Western Midstream Partners's profit margins?: Western Midstream Partners (WES) runs a 93.4% gross margin and a 41.0% operating margin, with a 30.2% net margin.
Where do Western Midstream Partners's ratios come from?: Every ratio is computed from Western Midstream Partners's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.