Western Midstream Partners, LP financials
$44.94−0.73%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 |
|---|---|---|---|---|---|---|---|
| Revenue | $3.84B | $3.61B | $3.11B | $3.25B | $2.88B | $2.77B | $2.75B |
| Gross profit | $3.64B | $3.43B | $2.94B | $2.83B | $2.55B | $2.58B | $2.30B |
| Gross margin | 94.6% | 95.2% | 94.7% | 87.1% | 88.8% | 93.2% | 83.8% |
| Operating income | $1.53B | $1.56B | $1.24B | $1.30B | $1.13B | $643.5M | $995.2M |
| Net income | $1.15B | $1.54B | $998.5M | $1.22B | $896.5M | $515.9M | $662.3M |
| Net margin | 30.0% | 42.6% | 32.1% | 37.4% | 31.2% | 18.6% | 24.1% |
| Diluted EPS | $2.98 | $4.02 | $2.60 | $3.00 | $2.18 | $1.18 | $1.59 |
| EBITDA | $2.25B | $2.22B | $1.89B | $1.90B | $1.71B | $1.78B | $1.48B |
| Operating cash flow | $2.22B | $2.14B | $1.66B | $1.70B | $1.77B | $1.64B | $1.32B |
| Free cash flow | $1.49B | $1.30B | $926.3M | $1.21B | $1.45B | $1.21B | $134.8M |
| Diluted shares | 387.9M | 382.5M | 384.4M | 396.2M | 412.0M | 435.6M | 415.8M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $819.5M | $1.09B | $272.8M | $286.7M | $202.0M | $444.9M |
| Short-term investments | $0.00 | $0.00 | $0.00 | $0.00 | — | — |
| Total debt | $8.64B | $7.94B | $7.90B | $6.79B | $6.91B | $7.85B |
| Total assets | $15.00B | $13.14B | $12.47B | $11.27B | $11.27B | $11.83B |
| Total liabilities | $10.84B | $9.77B | $9.44B | $8.16B | $8.18B | $8.93B |
| Shareholders' equity | $4.16B | $3.38B | $3.03B | $3.11B | $3.10B | $2.90B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology