Western Midstream Partners, LP (WES) Gross Margin (2012 - 2018)
Western Midstream Partners (WES) posted quarterly Gross Margin of 80.72% for Q4 2018, up 2452.0% year-over-year from 3.16% in Q4 2017, and up 106.15% quarter-over-quarter from 1312.88% in Q3 2018.
Western Midstream Partners, LP (WES) Gross Margin (2012 - 2018) Analysis & Trends
Western Midstream Partners (WES) has reported Gross Margin for 7 consecutive years, with 80.72% the latest figure, recorded in Q4 2018.
- In Q4 2018, Gross Margin rose 2452.0% year-over-year to 80.72%; the TTM figure through Dec 2018 stood at 74.57% (up 1498.0% YoY), while the FY2018 annual figure was 78.3%, up 1871.0% from the prior year.
- Gross Margin advanced to 80.72% in Q4 2018 per WES's latest filing, from 1312.88% in the prior quarter.
- Across five years, Gross Margin topped out at 84.37% in Q2 2018 and bottomed at 1312.88% in Q3 2018.
- Historically, Gross Margin has averaged 3.05% across 5 years, with a median of 68.33% in 2014.
- On a YoY basis, Gross Margin climbed as much as 2452 bps in 2018 and fell as far as 137125 bps in 2018.
- Western Midstream Partners' Gross Margin stood at 75.36% in 2014, then slipped by 4 bps to 72.62% in 2015, then retreated by 7 bps to 67.26% in 2016, then dropped by 16 bps to 56.2% in 2017, then soared by 44 bps to 80.72% in 2018.
- Business Quant data shows WES's Gross Margin at 80.72% in Q4 2018, 1312.88% in Q3 2018, and 84.37% in Q2 2018.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 80.72% |
| Sep 30, 2018 | -1,312.88% |
| Jun 30, 2018 | 84.37% |
| Mar 31, 2018 | -2.45% |
| Dec 31, 2017 | 56.20% |
| Sep 30, 2017 | 58.37% |
| Jun 30, 2017 | 61.31% |
| Mar 31, 2017 | 63.32% |
| Dec 31, 2016 | 67.26% |
| Sep 30, 2016 | 69.76% |
| Jun 30, 2016 | 75.54% |
| Mar 31, 2016 | 80.04% |
| Dec 31, 2015 | 72.62% |
| Sep 30, 2015 | 70.47% |
| Jun 30, 2015 | 68.41% |
| Mar 31, 2015 | 68.10% |
| Dec 31, 2014 | 75.36% |
| Sep 30, 2014 | 68.33% |
| Jun 30, 2014 | 65.77% |
| Mar 31, 2014 | 68.33% |