Western Midstream Partners WES
NYSE WES
$44.71 +0.18 (+0.39%)
As of: Oct 21, 2026 · 10:59 AM EDT

Western Midstream Partners (WES) EBIT Margin (2012 - 2026)

Updated

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.

Analysis

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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Enbridge 104.95 Bn 100.55 Bn 4.84 Bn 9.93%
2 Williams Companies 88.97 Bn 87.69 Bn 2.54 Bn 38.72%
3 Enterprise Products Partners 79.38 Bn 77.77 Bn - 12.31%
4 Kinder Morgan 75.53 Bn 75.23 Bn 3.07 Bn 30.06%
5 Energy Transfer 69.24 Bn 62.42 Bn 7.40 Bn 10.41%
6 Tc Energy 65.12 Bn 61.21 Bn 2.81 Bn 135.28%
7 Targa Resources 63.68 Bn 63.16 Bn 2.14 Bn 27.80%
8 Cheniere Energy 59.15 Bn 53.98 Bn 5.29 Bn 74.84%
9 Mplx 58.89 Bn 52.45 Bn 2.91 Bn 41.61%
10 Western Midstream Partners 17.79 Bn 16.05 Bn 1.11 Bn 43.01%
Historic Data

Historic Data

Download Data
DateValue
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%
API Access

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