Western Midstream Partners, LP (WES) Gross Margin (2012 - 2018)

Western Midstream Partners (WES) has reported Gross Margin for 7 consecutive years, with 76.98% the latest figure, recorded in Q4 2018.

• On a quarterly basis, Gross Margin rose 2078.0% year-over-year to 76.98% in Q4 2018; TTM through Dec 2018 was 80.38%, a 2080.0% increase from a year earlier, with the FY2018 full-year figure at 78.3%, up 1871.0% from the prior year.
• Gross Margin was 76.98% for Q4 2018 at Western Midstream Partners, down from 79.13% in the prior quarter.
• Over five years, Gross Margin peaked at 84.37% in Q2 2018 and troughed at 56.2% in Q4 2017.
• A 5-year average of 70.59% and a median of 69.08% in 2015 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin sank 1673 bps in 2017 and surged 2305 bps in 2018, its largest moves.
• Over 5 years, Gross Margin stood at 75.36% in 2014, then retreated by 4 bps to 72.62% in 2015, then declined by 7 bps to 67.26% in 2016, then decreased by 16 bps to 56.2% in 2017, then jumped by 37 bps to 76.98% in 2018.
• The last three Gross Margin figures came in at 76.98% (Q4 2018), 79.13% (Q3 2018), and 84.37% (Q2 2018), per Business Quant data.