Western Midstream Partners (WES) EBITDA (2012 - 2026)
Western Midstream Partners (WES) recorded EBITDA of $685.32 million in Q3 2026, up 12.0% from $611.88 million a year earlier but down 6.5% from the prior quarter.
Western Midstream Partners (WES) EBITDA (2012 - 2026) Analysis & Trends
On a TTM basis, Western Midstream Partners' EBITDA came in at $2.59 billion as of Sep 30, 2026, up 8.1% year-over-year; for FY2025, it came in at $2.31 billion, down 11.8% from FY2024.
- Annual EBITDA has a five-year compound annual growth rate of 11.0% (FY2020 to FY2025).
- Across earlier years, EBITDA came in at $2.62 billion in FY2024 (+32.4%), $1.98 billion in FY2023 (-8.8%), $2.17 billion in FY2022 (+15.0%) and $1.89 billion in FY2021 (+37.8%).
- Quarterly EBITDA has ranged from $434.84 million in Q1 2023 to $837.37 million in Q1 2024 over the past five years.
- On a year-over-year basis, EBITDA has increased for three consecutive quarters, with growth averaging 1.6% over the last eight quarters.
- Peak year-over-year performance for EBITDA in the last five years was growth of 92.6% in Q1 2024, against a decline of 30.7% in Q1 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $732.65 million (Q2 2026), $669.62 million (Q1 2026) and $503.44 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 2.59 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 1.76 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 2.63 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 1.79 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 2.26 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 4.38 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 1.56 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 2.31 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 1.86 Bn |
| 10 | Western Midstream Partners | 17.45 Bn | 15.97 Bn | 1.07 Bn | 685.32 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 685.32 Mn |
| Jun 30, 2026 | 732.65 Mn |
| Mar 31, 2026 | 669.62 Mn |
| Dec 31, 2025 | 503.44 Mn |
| Sep 30, 2025 | 611.88 Mn |
| Jun 30, 2025 | 616.59 Mn |
| Mar 31, 2025 | 580.26 Mn |
| Dec 31, 2024 | 588.73 Mn |
| Sep 30, 2024 | 561.88 Mn |
| Jun 30, 2024 | 633.18 Mn |
| Mar 31, 2024 | 837.37 Mn |
| Dec 31, 2023 | 557.10 Mn |
| Sep 30, 2023 | 508.13 Mn |
| Jun 30, 2023 | 480.16 Mn |
| Mar 31, 2023 | 434.84 Mn |
| Dec 31, 2022 | 580.57 Mn |
| Sep 30, 2022 | 513.86 Mn |
| Jun 30, 2022 | 536.42 Mn |
| Mar 31, 2022 | 539.41 Mn |
| Dec 31, 2021 | 469.95 Mn |
Western Midstream Partners EBITDA 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=ebitda&ticker=WES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "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=ebitda&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();