Western Midstream Partners (WES) Return on Assets [ROA] (2013 - 2026)
Western Midstream Partners' Return on Assets [ROA] came in at 8.00% for Q3 2026, down 3.17 percentage points from 11.16% a year earlier and down 0.45 percentage points from the prior quarter.
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Analysis
Western Midstream Partners (WES) Return on Assets [ROA] (2013 - 2026) Analysis & Trends
For FY2025, Western Midstream Partners' Return on Assets [ROA] was 8.62%, down 3.95 percentage points from FY2024.
- Return on Assets [ROA] carries a five-year change of +4.34 percentage points (FY2020 to FY2025).
- Going back by year, Return on Assets [ROA] was 12.57% in FY2024 (+3.75 pp), 8.82% in FY2023 (-2.28 pp), 11.10% in FY2022 (+2.93 pp) and 8.17% in FY2021 (+3.90 pp).
- The Q3 2026 figure represents the lowest quarterly Return on Assets [ROA] since Q4 2020.
- Year-over-year, Return on Assets [ROA] has declined for seven consecutive quarters, with an average year-over-year change of -1.45 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Assets [ROA] over five years came in Q4 2021 (a gain of 3.92 percentage points), and the weakest in Q4 2025 (a drop of 3.39 percentage points).
- Business Quant data shows WES's Return on Assets [ROA] at 8.45% (Q2 2026), 8.39% (Q1 2026) and 8.94% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 3.01% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 5.07% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 8.04% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 4.96% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 5.08% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 8.58% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 9.60% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 10.07% |
| 10 | Western Midstream Partners | 17.45 Bn | 15.97 Bn | 1.07 Bn | 8.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 8.00% |
| Jun 30, 2026 | 8.45% |
| Mar 31, 2026 | 8.39% |
| Dec 31, 2025 | 8.94% |
| Sep 30, 2025 | 11.16% |
| Jun 30, 2025 | 10.57% |
| Mar 31, 2025 | 10.46% |
| Dec 31, 2024 | 12.33% |
| Sep 30, 2024 | 12.44% |
| Jun 30, 2024 | 12.71% |
| Mar 31, 2024 | 11.52% |
| Dec 31, 2023 | 8.69% |
| Sep 30, 2023 | 9.61% |
| Jun 30, 2023 | 9.73% |
| Mar 31, 2023 | 10.20% |
| Dec 31, 2022 | 11.00% |
| Sep 30, 2022 | 10.12% |
| Jun 30, 2022 | 10.05% |
| Mar 31, 2022 | 9.42% |
| Dec 31, 2021 | 8.32% |
API Access
Western Midstream Partners Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();