Western Midstream Partners (WES) Price to Earnings (2012 - 2026)
Western Midstream Partners' (WES) Price to Earnings came in at 14.67 for Q3 2026, up 26.6% from 11.59 a year earlier and up 1.9% from the prior quarter.
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Analysis
Western Midstream Partners (WES) Price to Earnings (2012 - 2026) Analysis & Trends
For FY2025, Western Midstream Partners' Price to Earnings stood at 13.47, up 41.3% from FY2024.
- In prior years, Western Midstream Partners' Price to Earnings was 9.53 in FY2024 (-14.5%), 11.15 in FY2023 (+28.3%), 8.69 in FY2022 (-13.3%) and 10.02 in FY2021 (-9.4%).
- The Q3 2026 figure stands as the highest quarterly Price to Earnings since Q3 2019.
- On a year-over-year basis, Price to Earnings has increased in each of the last seven quarters, with growth averaging 17.9% over the last eight quarters.
- The strongest year-over-year quarter for Price to Earnings in the past five years was Q4 2025, with growth of 41.3%; the weakest was Q4 2024, with a decline of 14.5%.
- According to Business Quant data, Price to Earnings for the three prior quarters was 14.39 (Q2 2026), 13.57 (Q1 2026) and 13.47 (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 | 14.67 |
| Jun 30, 2026 | 14.39 |
| Mar 31, 2026 | 13.57 |
| Dec 31, 2025 | 13.47 |
| Sep 30, 2025 | 11.59 |
| Jun 30, 2025 | 11.87 |
| Mar 31, 2025 | 12.20 |
| Dec 31, 2024 | 9.53 |
| Sep 30, 2024 | 9.75 |
| Jun 30, 2024 | 10.20 |
| Mar 31, 2024 | 9.95 |
| Dec 31, 2023 | 11.15 |
| Sep 30, 2023 | 9.88 |
| Jun 30, 2023 | 9.86 |
| Mar 31, 2023 | 9.33 |
| Dec 31, 2022 | 8.69 |
| Sep 30, 2022 | 8.81 |
| Jun 30, 2022 | 8.62 |
| Mar 31, 2022 | 10.01 |
| Dec 31, 2021 | 10.02 |
API Access
Western Midstream Partners Price to Earnings 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=price-to-earnings&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();