Western Midstream Partners (WES) Return on Assets [ROA] (2013 - 2026)
Western Midstream Partners' Return on Assets [ROA] came in at 8.45% for Q2 2026, down 2.12 percentage points from 10.57% a year earlier but up 0.06 percentage points from the prior quarter.
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 five-year range for quarterly Return on Assets [ROA] is 8.32% (Q4 2021) to 12.71% (Q2 2024).
- Year-over-year, Return on Assets [ROA] has declined for six consecutive quarters, with an average year-over-year change of -0.70 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 8.39% (Q1 2026), 8.94% (Q4 2025) and 11.16% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 105.33 Bn | 100.93 Bn | 4.84 Bn | 2.80% |
| 2 | Williams Companies | 87.72 Bn | 86.44 Bn | 2.54 Bn | 5.83% |
| 3 | Enterprise Products Partners | 80.28 Bn | 78.67 Bn | - | 7.85% |
| 4 | Kinder Morgan | 76.71 Bn | 76.41 Bn | 3.07 Bn | 4.85% |
| 5 | Energy Transfer | 70.17 Bn | 63.35 Bn | 7.40 Bn | 4.76% |
| 6 | Tc Energy | 64.96 Bn | 61.04 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 64.94 Bn | 64.41 Bn | 2.14 Bn | 8.29% |
| 8 | Cheniere Energy | 62.34 Bn | 57.17 Bn | 5.29 Bn | 9.41% |
| 9 | Oneok | 60.45 Bn | 58.84 Bn | 2.81 Bn | 5.35% |
| 10 | Western Midstream Partners | 17.92 Bn | 16.17 Bn | 1.11 Bn | 8.45% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 8.37% |
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_KEY
import 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();