Western Midstream Partners WES
NYSE WES
$45.11 +0.65 (+1.46%)
As of: Oct 23, 2026 · 3:59 PM EDT

Western Midstream Partners (WES) Tax Rate (2012 - 2026)

Updated

Western Midstream Partners (WES) posted Tax Rate of 1.23% for Q2 2026, up 0.59 percentage points from 0.63% a year earlier and up 0.26 percentage points from the prior quarter.

Analysis

Western Midstream Partners (WES) Tax Rate (2012 - 2026) Analysis & Trends

For the trailing twelve months through Jun 30, 2026, Tax Rate at Western Midstream Partners was 1.35%, down 0.27 percentage points year-over-year.

  • Annual Tax Rate has increased for three consecutive years, with a five-year change of +0.08 percentage points (FY2020 to FY2025).
  • In prior years, Western Midstream Partners' Tax Rate was 1.11% in FY2024 (+0.69 pp), 0.42% in FY2023 (+0.08 pp) and 0.33% in FY2022.
  • Quarterly Tax Rate has run from a low of 0.13% in Q4 2024 to a high of 4.94% in Q3 2024 over five years.
  • On a year-over-year basis, Tax Rate increased in five of the last eight quarters, with an average year-over-year change of +0.64 percentage points.
  • The strongest year-over-year quarter for Tax Rate in the past five years was Q3 2024, with a gain of 4.63 percentage points; the weakest was Q3 2025, with a drop of 4.35 percentage points.
  • According to Business Quant data, Tax Rate for the three prior quarters was 0.97% (Q1 2026), 3.60% (Q4 2025) and 0.60% (Q3 2025).
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 105.07 Bn 100.67 Bn 4.84 Bn 21.97%
2 Williams Companies 87.70 Bn 86.41 Bn 2.54 Bn -
3 Enterprise Products Partners 80.26 Bn 78.65 Bn - 0.64%
4 Kinder Morgan 76.72 Bn 76.42 Bn 3.07 Bn 23.33%
5 Energy Transfer 70.39 Bn 63.58 Bn 7.40 Bn 7.12%
6 Targa Resources 64.89 Bn 64.36 Bn 2.14 Bn 22.61%
7 Tc Energy 64.81 Bn 60.90 Bn 2.81 Bn 15.28%
8 Cheniere Energy 62.36 Bn 57.18 Bn 5.29 Bn 9.13%
9 Oneok 60.47 Bn 58.86 Bn 2.81 Bn 23.62%
10 Western Midstream Partners 17.92 Bn 16.17 Bn 1.11 Bn 1.23%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.23%
Mar 31, 2026 0.97%
Dec 31, 2025 3.60%
Sep 30, 2025 0.60%
Jun 30, 2025 0.63%
Mar 31, 2025 1.07%
Dec 31, 2024 0.13%
Sep 30, 2024 4.94%
Jun 30, 2024 0.19%
Mar 31, 2024 0.26%
Dec 31, 2023 0.47%
Sep 30, 2023 0.32%
Jun 30, 2023 0.25%
Mar 31, 2023 0.68%
Dec 31, 2022 0.15%
Sep 30, 2022 0.14%
Jun 30, 2022 0.47%
Mar 31, 2022 0.56%
Sep 30, 2021 0.69%
Jun 30, 2021 0.61%
API Access

Western Midstream Partners Tax Rate 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=tax-rate&ticker=WES&period=max&api_key=YOUR_API_KEY