Western Midstream Partners (WES) EV to EBIT (2012 - 2026)
Western Midstream Partners' (WES) EV to EBIT came in at 10.31 for Q2 2026, up 18.2% from 8.73 a year earlier and up 10.0% from the prior quarter.
Western Midstream Partners (WES) EV to EBIT (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to EBIT at Western Midstream Partners was 9.37, up 31.2% year-over-year; for FY2025, it came in at 9.20, up 33.6% from FY2024.
- In prior years, Western Midstream Partners' EV to EBIT was 6.88 in FY2024 (-12.6%), 7.87 in FY2023 (+24.4%), 6.33 in FY2022 (-3.8%) and 6.57 in FY2021 (+9.8%).
- The Q2 2026 figure stands as the highest quarterly EV to EBIT since Q2 2019.
- On a year-over-year basis, EV to EBIT has increased in each of the last six quarters, with growth averaging 13.6% over the last eight quarters.
- The strongest year-over-year quarter for EV to EBIT in the past five years was Q3 2021, with growth of 60.9%; the weakest was Q4 2024, with a decline of 12.6%.
- According to Business Quant data, EV to EBIT for the three prior quarters was 9.37 (Q1 2026), 9.20 (Q4 2025) and 9.21 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.58 Bn | 100.18 Bn | 4.84 Bn |
| 2 | Williams Companies | 86.03 Bn | 84.75 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 80.00 Bn | 78.39 Bn | - |
| 4 | Kinder Morgan | 74.74 Bn | 74.44 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.45 Bn | 62.63 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.24 Bn | 60.32 Bn | 2.81 Bn |
| 7 | Targa Resources | 62.85 Bn | 62.33 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 59.18 Bn | 54.01 Bn | 5.29 Bn |
| 9 | Mplx | 59.17 Bn | 52.74 Bn | 2.91 Bn |
| 10 | Western Midstream Partners | 17.70 Bn | 15.96 Bn | 1.11 Bn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.31 |
| Mar 31, 2026 | 9.37 |
| Dec 31, 2025 | 9.20 |
| Sep 30, 2025 | 9.21 |
| Jun 30, 2025 | 8.73 |
| Mar 31, 2025 | 8.91 |
| Dec 31, 2024 | 6.88 |
| Sep 30, 2024 | 6.94 |
| Jun 30, 2024 | 7.77 |
| Mar 31, 2024 | 7.48 |
| Dec 31, 2023 | 7.87 |
| Sep 30, 2023 | 6.95 |
| Jun 30, 2023 | 7.07 |
| Mar 31, 2023 | 6.81 |
| Dec 31, 2022 | 6.33 |
| Sep 30, 2022 | 6.42 |
| Jun 30, 2022 | 6.15 |
| Mar 31, 2022 | 6.85 |
| Dec 31, 2021 | 6.57 |
| Sep 30, 2021 | 6.11 |
Western Midstream Partners EV to EBIT 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=ev-to-ebit&ticker=WES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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=ev-to-ebit&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();