Western Midstream Partners (WES) Price to FCF (2014 - 2026)
Western Midstream Partners' (WES) Price to FCF was 14.83 for Q2 2026, up 45.8% from 10.17 a year earlier and up 22.6% from the prior quarter.
Powered by 
Analysis
Western Midstream Partners (WES) Price to FCF (2014 - 2026) Analysis & Trends
For FY2025, Price to FCF at Western Midstream Partners was 10.40, down 7.5% from FY2024.
- By year, Price to FCF came in at 11.25 in FY2024 (-6.4%), 12.02 in FY2023 (+41.2%), 8.51 in FY2022 (+37.6%) and 6.18 in FY2021 (+31.5%).
- The Q2 2026 figure ranks as the highest quarterly Price to FCF since Q4 2019.
- Year over year, Price to FCF gained in three of the last eight quarters, with growth averaging 0.5%.
- The high point for year-over-year Price to FCF in five years was Q3 2021 (growth of 56.4%); the low point was Q2 2025 (a decline of 26.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 12.09 (Q1 2026), 10.40 (Q4 2025) and 10.87 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 105.12 Bn | 102.66 Bn | 4.84 Bn |
| 2 | Williams Companies | 87.68 Bn | 86.39 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 80.07 Bn | 78.51 Bn | - |
| 4 | Kinder Morgan | 76.72 Bn | 76.81 Bn | 2.97 Bn |
| 5 | Energy Transfer | 70.38 Bn | 63.82 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.93 Bn | 67.85 Bn | 2.81 Bn |
| 7 | Targa Resources | 64.84 Bn | 64.46 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 61.75 Bn | 61.88 Bn | 5.29 Bn |
| 9 | Oneok | 60.41 Bn | 58.90 Bn | 2.81 Bn |
| 10 | Western Midstream Partners | 18.63 Bn | 16.88 Bn | 1.11 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.83 |
| Mar 31, 2026 | 12.09 |
| Dec 31, 2025 | 10.40 |
| Sep 30, 2025 | 10.87 |
| Jun 30, 2025 | 10.17 |
| Mar 31, 2025 | 10.51 |
| Dec 31, 2024 | 11.25 |
| Sep 30, 2024 | 11.54 |
| Jun 30, 2024 | 13.83 |
| Mar 31, 2024 | 13.49 |
| Dec 31, 2023 | 12.02 |
| Sep 30, 2023 | 10.39 |
| Jun 30, 2023 | 9.10 |
| Mar 31, 2023 | 8.81 |
| Dec 31, 2022 | 8.51 |
| Sep 30, 2022 | 6.73 |
| Jun 30, 2022 | 6.56 |
| Mar 31, 2022 | 7.04 |
| Dec 31, 2021 | 6.18 |
| Sep 30, 2021 | 6.39 |
API Access
Western Midstream Partners Price to FCF 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-fcf&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "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-fcf&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();