Western Midstream Partners (WES) Return on Equity [ROE] (2013 - 2026)
Western Midstream Partners (WES) recorded Return on Equity [ROE] of 33.36% in Q2 2026, down 5.78 percentage points from 39.14% a year earlier but up 0.64 percentage points from the prior quarter.
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Analysis
Western Midstream Partners (WES) Return on Equity [ROE] (2013 - 2026) Analysis & Trends
For FY2025, Western Midstream Partners reported Return on Equity [ROE] of 32.17%, down 18.15 percentage points from FY2024.
- Annual Return on Equity [ROE] has a five-year change of +15.60 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Equity [ROE] came in at 50.32% in FY2024 (+16.17 pp), 34.15% in FY2023 (-6.19 pp), 40.34% in FY2022 (+8.83 pp) and 31.51% in FY2021 (+14.95 pp).
- Quarterly Return on Equity [ROE] has ranged from 30.49% in Q4 2021 to 47.72% in Q4 2024 over the past five years.
- On a year-over-year basis, Return on Equity [ROE] has declined for six consecutive quarters, with an average year-over-year change of -2.84 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Equity [ROE] in the last five years was a gain of 12.70 percentage points in Q4 2024, against a drop of 15.35 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 32.72% (Q1 2026), 32.37% (Q4 2025) and 40.76% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 105.07 Bn | 100.67 Bn | 4.84 Bn | 9.47% |
| 2 | Williams Companies | 87.70 Bn | 86.41 Bn | 2.54 Bn | 24.72% |
| 3 | Enterprise Products Partners | 80.26 Bn | 78.65 Bn | - | 20.74% |
| 4 | Kinder Morgan | 76.72 Bn | 76.42 Bn | 3.07 Bn | 10.91% |
| 5 | Energy Transfer | 70.39 Bn | 63.58 Bn | 7.40 Bn | 14.04% |
| 6 | Targa Resources | 64.89 Bn | 64.36 Bn | 2.14 Bn | 65.25% |
| 7 | Tc Energy | 64.81 Bn | 60.90 Bn | 2.81 Bn | 12.64% |
| 8 | Cheniere Energy | 62.36 Bn | 57.18 Bn | 5.29 Bn | 44.23% |
| 9 | Oneok | 60.47 Bn | 58.86 Bn | 2.81 Bn | 16.10% |
| 10 | Western Midstream Partners | 17.92 Bn | 16.17 Bn | 1.11 Bn | 33.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.36% |
| Mar 31, 2026 | 32.72% |
| Dec 31, 2025 | 32.37% |
| Sep 30, 2025 | 40.76% |
| Jun 30, 2025 | 39.14% |
| Mar 31, 2025 | 40.00% |
| Dec 31, 2024 | 47.72% |
| Sep 30, 2024 | 46.03% |
| Jun 30, 2024 | 45.70% |
| Mar 31, 2024 | 44.52% |
| Dec 31, 2023 | 35.03% |
| Sep 30, 2023 | 36.72% |
| Jun 30, 2023 | 35.48% |
| Mar 31, 2023 | 36.79% |
| Dec 31, 2022 | 40.94% |
| Sep 30, 2022 | 36.68% |
| Jun 30, 2022 | 34.90% |
| Mar 31, 2022 | 33.63% |
| Dec 31, 2021 | 30.49% |
| Sep 30, 2021 | 31.35% |
API Access
Western Midstream Partners Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=WES&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();