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 QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Gross margin	379.1%-1.7pp	381.1%+0.6pp	381.7%+1.7pp	381.4%+3.7pp	380.8%+7.7pp
Operating margin	174.3%-37.4pp	180.1%-39.0pp	193.1%-15.8pp	201.9%+1.0pp	211.7%+20.6pp
Net margin	131%-36.2pp	136.8%-37.0pp	149.7%-13.3pp	157.6%+2.4pp	167.2%+22.0pp
Efficiency
Asset turnover	1.2×0.0×	1.2×0.0×	1.2×+0.1×	1.2×+0.1×	1.2×+0.1×
Liquidity
Current ratio	5.2×+0.1×	5.3×-0.1×	5×-0.1×	4.7×-1.1×	5.1×-0.3×
Leverage
Net debt / EBITDA	12.6×+1.7×	12.2×+1.2×	11.4×-0.8×	11.2×-1.8×	10.9×-2.6×
Valuation
Market capitalization	$61.86B+3.3%	$61.27B+6.1%	$59.78B+10.2%	$59.35B+18.4%	$59.9B+32.5%
Price / earnings	49.7×+9.0×	48.3×+9.9×	44×+3.9×	42.2×+1.9×	40.7×+0.8×
Price / sales	16.2×-0.7×	16.5×-0.3×	16.3×+0.1×	16.4×+0.9×	16.9×+2.4×
EV / EBITDA	38.8×+4.1×	38.2×+4.4×	36×+1.0×	35.2×-0.2×	34.7×-0.4×
Dividend yield	36.7%+5.0pp	36.4%+6.0pp	36%+5.3pp	34.5%+2.4pp	31.7%-2.8pp

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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.