Western Midstream Partners (WES) Interest Coverage Ratio (2012 - 2026)
Western Midstream Partners' Interest Coverage Ratio was 4.83 in Q2 2026, up 3.5% from 4.67 a year earlier and up 16.8% from the prior quarter.
Western Midstream Partners (WES) Interest Coverage Ratio (2012 - 2026) Analysis & Trends
On a trailing twelve-month basis, Western Midstream Partners' Interest Coverage Ratio was 4.15 through Jun 30, 2026, down 4.5% year-over-year; for FY2025, it was 4.10, down 21.2% from FY2024.
- In earlier years, Interest Coverage Ratio was 5.21 in FY2024 (+31.4%), 3.96 in FY2023 (-16.7%), 4.76 in FY2022 (+34.0%) and 3.55 in FY2021 (+53.5%).
- The Q2 2026 figure marks the highest quarterly Interest Coverage Ratio since Q2 2024.
- Compared with a year earlier, Interest Coverage Ratio was higher in three of the last eight quarters, with an average decline of 8.2%.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q1 2024 (growth of 102.3%); the worst was Q1 2025 (a decline of 41.4%).
- Per Business Quant data, WES's Interest Coverage Ratio in the three quarters before Q2 2026 was 4.14 (Q1 2026), 2.89 (Q4 2025) and 4.78 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.58 Bn | 100.18 Bn | 4.84 Bn | 2.09 |
| 2 | Williams Companies | 86.03 Bn | 84.75 Bn | 2.54 Bn | 3.19 |
| 3 | Enterprise Products Partners | 80.00 Bn | 78.39 Bn | - | 5.86 |
| 4 | Kinder Morgan | 74.74 Bn | 74.44 Bn | 3.07 Bn | - |
| 5 | Energy Transfer | 69.45 Bn | 62.63 Bn | 7.40 Bn | 3.83 |
| 6 | Tc Energy | 64.24 Bn | 60.32 Bn | 2.81 Bn | 6.23 |
| 7 | Targa Resources | 62.85 Bn | 62.33 Bn | 2.14 Bn | - |
| 8 | Cheniere Energy | 59.18 Bn | 54.01 Bn | 5.29 Bn | 14.95 |
| 9 | Mplx | 59.17 Bn | 52.74 Bn | 2.91 Bn | 4.77 |
| 10 | Western Midstream Partners | 17.70 Bn | 15.96 Bn | 1.11 Bn | 4.83 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.83 |
| Mar 31, 2026 | 4.14 |
| Dec 31, 2025 | 2.89 |
| Sep 30, 2025 | 4.78 |
| Jun 30, 2025 | 4.67 |
| Mar 31, 2025 | 4.21 |
| Dec 31, 2024 | 4.29 |
| Sep 30, 2024 | 4.20 |
| Jun 30, 2024 | 5.19 |
| Mar 31, 2024 | 7.19 |
| Dec 31, 2023 | 4.01 |
| Sep 30, 2023 | 4.36 |
| Jun 30, 2023 | 3.91 |
| Mar 31, 2023 | 3.55 |
| Dec 31, 2022 | 5.07 |
| Sep 30, 2022 | 4.30 |
| Jun 30, 2022 | 4.92 |
| Mar 31, 2022 | 4.74 |
| Dec 31, 2021 | 3.64 |
| Sep 30, 2021 | 4.11 |
Western Midstream Partners Interest Coverage Ratio 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=interest-coverage-ratio&ticker=WES&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "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=interest-coverage-ratio&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();