Western Midstream Partners (WES) Operating Income (2012 - 2026)
Western Midstream Partners (WES) reported Operating Income of $461.55 million for Q3 2026, up 4.5% from $441.56 million a year earlier but down 12.4% from the prior quarter.
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Analysis
Western Midstream Partners (WES) Operating Income (2012 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Western Midstream Partners' Operating Income came in at $1.76 billion, up 2.4% year-over-year; for FY2025, it was $1.6 billion, down 18.7% from FY2024.
- Operating Income has a five-year compound annual growth rate of 12.7% (FY2020 to FY2025).
- By year, Operating Income came in at $1.97 billion in FY2024 (+42.9%), $1.38 billion in FY2023 (-13.1%), $1.59 billion in FY2022 (+18.8%) and $1.34 billion in FY2021 (+52.0%).
- Five-year quarterly Operating Income spans a low of $290.21 million in Q1 2023 and a high of $679.37 million in Q1 2024.
- Year over year, Operating Income has now increased in each of the last three quarters, with an average decline of 1.9% over the last eight quarters.
- The high point for year-over-year Operating Income in five years was Q1 2024 (growth of 134.1%); the low point was Q1 2025 (a decline of 39.7%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $526.7 million (Q2 2026), $469.19 million (Q1 2026) and $305.56 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 1.53 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 1.14 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 1.99 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 1.16 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 2.78 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 1.10 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 1.92 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 1.48 Bn |
| 10 | Western Midstream Partners | 17.45 Bn | 15.97 Bn | 1.07 Bn | 461.55 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 461.55 Mn |
| Jun 30, 2026 | 526.70 Mn |
| Mar 31, 2026 | 469.19 Mn |
| Dec 31, 2025 | 305.56 Mn |
| Sep 30, 2025 | 441.56 Mn |
| Jun 30, 2025 | 444.48 Mn |
| Mar 31, 2025 | 409.80 Mn |
| Dec 31, 2024 | 425.74 Mn |
| Sep 30, 2024 | 395.87 Mn |
| Jun 30, 2024 | 469.75 Mn |
| Mar 31, 2024 | 679.37 Mn |
| Dec 31, 2023 | 391.92 Mn |
| Sep 30, 2023 | 360.76 Mn |
| Jun 30, 2023 | 336.67 Mn |
| Mar 31, 2023 | 290.21 Mn |
| Dec 31, 2022 | 428.66 Mn |
| Sep 30, 2022 | 357.02 Mn |
| Jun 30, 2022 | 397.39 Mn |
| Mar 31, 2022 | 404.82 Mn |
| Dec 31, 2021 | 325.72 Mn |
API Access
Western Midstream Partners Operating Income 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=operating-income&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "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=operating-income&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();