Western Midstream Partners (WES) Goodwill & Intangibles (2011 - 2026)
Western Midstream Partners (WES) recorded Goodwill & Intangibles of $1.8 billion in Q3 2026, up 185.8% from $630.77 million a year earlier and up 1.5% from the prior quarter.
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Analysis
Western Midstream Partners (WES) Goodwill & Intangibles (2011 - 2026) Analysis & Trends
At the end of FY2025, Western Midstream Partners reported Goodwill & Intangibles of $1.27 billion, up 93.6% from FY2024.
- Annual Goodwill & Intangibles has a five-year compound annual growth rate of 10.2% (FY2020 to FY2025).
- Across earlier years, Goodwill & Intangibles came in at $654.52 million in FY2024 (-4.6%), $686.19 million in FY2023 (-4.4%), $717.86 million in FY2022 (-4.2%) and $749.53 million in FY2021 (-4.1%).
- The Q3 2026 figure is the highest quarterly Goodwill & Intangibles in data going back to Q4 2011.
- On a year-over-year basis, Goodwill & Intangibles has increased for four consecutive quarters, with growth averaging 66.5% over the last eight quarters.
- Peak year-over-year performance for Goodwill & Intangibles in the last five years was growth of 185.8% in Q3 2026, against a decline of 4.8% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.78 billion (Q2 2026), $1.25 billion (Q1 2026) and $1.27 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Western Midstream Partners | 17.45 Bn | 15.97 Bn | 1.07 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.80 Bn |
| Jun 30, 2026 | 1.78 Bn |
| Mar 31, 2026 | 1.25 Bn |
| Dec 31, 2025 | 1.27 Bn |
| Sep 30, 2025 | 630.77 Mn |
| Jun 30, 2025 | 638.69 Mn |
| Mar 31, 2025 | 646.61 Mn |
| Dec 31, 2024 | 654.52 Mn |
| Sep 30, 2024 | 662.44 Mn |
| Jun 30, 2024 | 670.36 Mn |
| Mar 31, 2024 | 678.27 Mn |
| Dec 31, 2023 | 686.19 Mn |
| Sep 30, 2023 | 694.11 Mn |
| Jun 30, 2023 | 702.02 Mn |
| Mar 31, 2023 | 709.94 Mn |
| Dec 31, 2022 | 717.86 Mn |
| Sep 30, 2022 | 725.78 Mn |
| Jun 30, 2022 | 733.69 Mn |
| Mar 31, 2022 | 741.61 Mn |
| Dec 31, 2021 | 749.53 Mn |
API Access
Western Midstream Partners Goodwill & Intangibles 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=goodwill-and-intangibles&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "goodwill-and-intangibles", "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=goodwill-and-intangibles&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();