Western Midstream Partners (WES) EBIT Margin (2012 - 2026)
Western Midstream Partners (WES) posted EBIT Margin of 43.01% for Q2 2026, down 4.16 percentage points from 47.17% a year earlier but up 1.25 percentage points from the prior quarter.
Western Midstream Partners (WES) EBIT Margin (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBIT Margin at Western Midstream Partners was 40.23%, down 5.42 percentage points year-over-year; for FY2025, it was 41.67%, down 13.00 percentage points from FY2024.
- Annual EBIT Margin shows a five-year change of +9.97 percentage points (FY2020 to FY2025).
- In prior years, Western Midstream Partners' EBIT Margin was 54.66% in FY2024 (+10.25 pp), 44.41% in FY2023 (-4.42 pp), 48.83% in FY2022 (+2.39 pp) and 46.44% in FY2021 (+14.74 pp).
- Quarterly EBIT Margin has run from a low of 29.62% in Q4 2025 to a high of 76.53% in Q1 2024 over five years.
- On a year-over-year basis, EBIT Margin has declined in each of the last three quarters, with an average year-over-year change of -7.48 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBIT Margin in the past five years was Q1 2024, with a gain of 36.99 percentage points; the weakest was Q1 2025, with a drop of 31.85 percentage points.
- According to Business Quant data, EBIT Margin for the three prior quarters was 41.76% (Q1 2026), 29.62% (Q4 2025) and 46.36% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.84 Bn | 100.44 Bn | 4.84 Bn | 9.93% |
| 2 | Williams Companies | 89.20 Bn | 87.92 Bn | 2.54 Bn | 38.72% |
| 3 | Enterprise Products Partners | 79.12 Bn | 77.51 Bn | - | 12.31% |
| 4 | Kinder Morgan | 75.45 Bn | 75.15 Bn | 3.07 Bn | 30.06% |
| 5 | Energy Transfer | 69.26 Bn | 62.44 Bn | 7.40 Bn | 10.41% |
| 6 | Tc Energy | 64.74 Bn | 60.82 Bn | 2.81 Bn | 135.28% |
| 7 | Targa Resources | 63.52 Bn | 63.00 Bn | 2.14 Bn | 27.80% |
| 8 | Cheniere Energy | 59.48 Bn | 54.30 Bn | 5.29 Bn | 74.84% |
| 9 | Mplx | 59.26 Bn | 52.82 Bn | 2.91 Bn | 41.61% |
| 10 | Western Midstream Partners | 17.75 Bn | 16.00 Bn | 1.11 Bn | 43.01% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 43.01% |
| Mar 31, 2026 | 41.76% |
| Dec 31, 2025 | 29.62% |
| Sep 30, 2025 | 46.36% |
| Jun 30, 2025 | 47.17% |
| Mar 31, 2025 | 44.68% |
| Dec 31, 2024 | 45.85% |
| Sep 30, 2024 | 44.81% |
| Jun 30, 2024 | 51.87% |
| Mar 31, 2024 | 76.53% |
| Dec 31, 2023 | 45.67% |
| Sep 30, 2023 | 46.49% |
| Jun 30, 2023 | 45.60% |
| Mar 31, 2023 | 39.54% |
| Dec 31, 2022 | 55.00% |
| Sep 30, 2022 | 42.63% |
| Jun 30, 2022 | 45.34% |
| Mar 31, 2022 | 53.39% |
| Dec 31, 2021 | 45.29% |
| Sep 30, 2021 | 50.18% |
Western Midstream Partners EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=WES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "WES", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();