Western Midstream Partners (WES) Return on Equity [ROE] (2013 - 2026)
Western Midstream Partners (WES) recorded Return on Equity [ROE] of 29.93% in Q3 2026, down 10.83 percentage points from 40.76% a year earlier and down 3.43 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).
- The Q3 2026 figure is the lowest quarterly Return on Equity [ROE] since Q4 2020.
- On a year-over-year basis, Return on Equity [ROE] has declined for seven consecutive quarters, with an average year-over-year change of -5.36 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 33.36% (Q2 2026), 32.72% (Q1 2026) and 32.37% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 10.24% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 21.40% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 21.37% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 11.28% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 17.29% |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 15.09% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 64.32% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 39.63% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 30.73% |
| 10 | Western Midstream Partners | 17.45 Bn | 15.97 Bn | 1.07 Bn | 29.93% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 29.93% |
| 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% |
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();