Western Midstream Partners, LP (WES) stock
WESNYSENatural Gas TransmissionFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Nov 4, 2026Score 9/3025% below fair value
$42.23+0.45 (+1.08%)
Close on Nov 13, 2026Market cap $17.45BP/E –Yield –
Western Midstream Partners, LP ebitda
EBITDA is earnings before interest, taxes, depreciation and amortization, a rough measure of cash profit from operations.
Western Midstream Partners, LP's ebitda for the twelve months ending Sep 30, 2026 was $2.59B, up 8.1% year over year. For fiscal 2025 it was $2.31B, down 11.8% from the year before. Over ten years it grew 18.4% a year on average. The highest annual figure on record is $2.62B in fiscal 2024.
Annual ebitda
| Period | Period end | Value | Change |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | $2.31B | -11.8% |
| FY2024 | Dec 31, 2024 | $2.62B | +32.4% |
| FY2023 | Dec 31, 2023 | $1.98B | -8.8% |
| FY2022 | Dec 31, 2022 | $2.17B | +15.0% |
| FY2021 | Dec 31, 2021 | $1.89B | +37.8% |
| FY2020 | Dec 31, 2020 | $1.37B | -20.1% |
| FY2019 | Dec 31, 2019 | $1.71B | +37.1% |
| FY2018 | Dec 31, 2018 | $1.25B | +11.6% |
| FY2017 | Dec 31, 2017 | $1.12B | +14.6% |
| FY2016 | Dec 31, 2016 | $977.47M | +129.0% |
| FY2015 | Dec 31, 2015 | $426.79M | -44.1% |
| FY2014 | Dec 31, 2014 | $763.29M | +61.2% |
| FY2013 | Dec 31, 2013 | $473.36M | +50.3% |
| FY2012 | Dec 31, 2012 | $314.92M | -12.1% |
| FY2011 | Dec 31, 2011 | $358.43M | – |
Quarterly ebitda
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | $685.32M | +12.0% |
| Q2 FY2026 | Jun 30, 2026 | $732.65M | +18.8% |
| Q1 FY2026 | Mar 31, 2026 | $669.62M | +15.4% |
| Q4 FY2025 | Dec 31, 2025 | $503.44M | -14.5% |
| Q3 FY2025 | Sep 30, 2025 | $611.88M | +8.9% |
| Q2 FY2025 | Jun 30, 2025 | $616.59M | -2.6% |
| Q1 FY2025 | Mar 31, 2025 | $580.26M | -30.7% |
| Q4 FY2024 | Dec 31, 2024 | $588.73M | +5.7% |
| Q3 FY2024 | Sep 30, 2024 | $561.88M | +10.6% |
| Q2 FY2024 | Jun 30, 2024 | $633.18M | +31.9% |
| Q1 FY2024 | Mar 31, 2024 | $837.37M | +92.6% |
| Q4 FY2023 | Dec 31, 2023 | $557.10M | -4.0% |
| Q3 FY2023 | Sep 30, 2023 | $508.13M | -1.1% |
| Q2 FY2023 | Jun 30, 2023 | $480.16M | -10.5% |
| Q1 FY2023 | Mar 31, 2023 | $434.84M | -19.4% |
| Q4 FY2022 | Dec 31, 2022 | $580.57M | +23.5% |
| Q3 FY2022 | Sep 30, 2022 | $513.86M | -1.6% |
| Q2 FY2022 | Jun 30, 2022 | $536.42M | +13.5% |
| Q1 FY2022 | Mar 31, 2022 | $539.41M | +27.6% |
| Q4 FY2021 | Dec 31, 2021 | $469.95M | -2.0% |
| Q3 FY2021 | Sep 30, 2021 | $522.27M | +8.9% |
| Q2 FY2021 | Jun 30, 2021 | $472.80M | -4.2% |
| Q1 FY2021 | Mar 31, 2021 | $422.89M | – |
| Q4 FY2020 | Dec 31, 2020 | $479.35M | +5.6% |
| Q3 FY2020 | Sep 30, 2020 | $479.66M | +20.9% |
| Q2 FY2020 | Jun 30, 2020 | $493.57M | +14.5% |
| Q1 FY2020 | Mar 31, 2020 | -$82.58M | -119.1% |
| Q4 FY2019 | Dec 31, 2019 | $453.91M | +18.5% |
| Q3 FY2019 | Sep 30, 2019 | $396.64M | +11.7% |
| Q2 FY2019 | Jun 30, 2019 | $431.18M | +112.7% |
| Q1 FY2019 | Mar 31, 2019 | $432.87M | +39.8% |
| Q4 FY2018 | Dec 31, 2018 | $383.05M | +0.6% |
| Q3 FY2018 | Sep 30, 2018 | $355.03M | +41.3% |
| Q2 FY2018 | Jun 30, 2018 | $202.70M | -27.9% |
| Q1 FY2018 | Mar 31, 2018 | $309.66M | +49.4% |
| Q4 FY2017 | Dec 31, 2017 | $380.93M | +50.1% |
| Q3 FY2017 | Sep 30, 2017 | $251.23M | – |
| Q2 FY2017 | Jun 30, 2017 | $281.03M | – |
| Q1 FY2017 | Mar 31, 2017 | $207.28M | – |
| Q4 FY2016 | Dec 31, 2016 | $253.76M | – |
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