Western Midstream Partners (WES) Equity Income (2013 - 2026)
Western Midstream Partners' Equity Income was $18.8 million in Q3 2026, up 11.6% from $16.85 million a year earlier but down 12.7% from the prior quarter.
Western Midstream Partners (WES) Equity Income (2013 - 2026) Analysis & Trends
On a trailing twelve-month basis, Western Midstream Partners' Equity Income was $76.49 million through Sep 30, 2026, down 17.4% year-over-year; for FY2025, it was $85.79 million, down 23.7% from FY2024.
- Equity Income has now declined for six consecutive years, with a five-year compound annual growth rate of -17.7% (FY2020 to FY2025).
- In earlier years, Equity Income was $112.39 million in FY2024 (-26.5%), $152.96 million in FY2023 (-16.6%), $183.48 million in FY2022 (-10.3%) and $204.65 million in FY2021 (-9.7%).
- Quarterly Equity Income has moved between $14.78 million (Q1 2026) and $49.61 million (Q1 2022) over five years.
- Compared with a year earlier, Equity Income was higher in 1 of the last eight quarters, with an average decline of 18.9%.
- The best year-over-year quarter for Equity Income over five years was Q3 2026 (growth of 11.6%); the worst was Q1 2025 (a decline of 37.7%).
- Per Business Quant data, WES's Equity Income in the three quarters before Q3 2026 was $21.54 million (Q2 2026), $14.78 million (Q1 2026) and $21.38 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 369.31 Mn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 157.00 Mn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 87.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 231.00 Mn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 349.31 Mn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 112.00 Mn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 10.20 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | - |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 282.00 Mn |
| 10 | Western Midstream Partners | 17.45 Bn | 15.97 Bn | 1.07 Bn | 18.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.80 Mn |
| Jun 30, 2026 | 21.54 Mn |
| Mar 31, 2026 | 14.78 Mn |
| Dec 31, 2025 | 21.38 Mn |
| Sep 30, 2025 | 16.85 Mn |
| Jun 30, 2025 | 27.13 Mn |
| Mar 31, 2025 | 20.44 Mn |
| Dec 31, 2024 | 28.16 Mn |
| Sep 30, 2024 | 23.98 Mn |
| Jun 30, 2024 | 27.43 Mn |
| Mar 31, 2024 | 32.82 Mn |
| Dec 31, 2023 | 36.12 Mn |
| Sep 30, 2023 | 35.49 Mn |
| Jun 30, 2023 | 42.32 Mn |
| Mar 31, 2023 | 39.02 Mn |
| Dec 31, 2022 | 44.10 Mn |
| Sep 30, 2022 | 41.32 Mn |
| Jun 30, 2022 | 48.46 Mn |
| Mar 31, 2022 | 49.61 Mn |
| Dec 31, 2021 | 45.31 Mn |
Western Midstream Partners Equity Income 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=equity-income&ticker=WES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equity-income", "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=equity-income&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();