Western Midstream Partners, LP (WES) Tax Rate (2012 - 2018)
Western Midstream Partners (WES) posted quarterly Tax Rate of 0.33% for Q4 2018, down 30.0% year-over-year from 0.47% in Q4 2017, and down 133.71% quarter-over-quarter from 0.97% in Q3 2018.
Western Midstream Partners, LP (WES) Tax Rate (2012 - 2018) Analysis & Trends
Western Midstream Partners (WES) has reported Tax Rate for 7 consecutive years, with 0.33% the latest figure, recorded in Q4 2018.
- In Q4 2018, Tax Rate fell 30.0% year-over-year to 0.33%; the TTM figure through Dec 2018 stood at 0.65% (down 19.0% YoY), while the FY2018 annual figure was 0.65%, down 19.0% from the prior year.
- Tax Rate declined to 0.33% in Q4 2018 per WES's latest filing, from 0.97% in the prior quarter.
- Across five years, Tax Rate topped out at 17.49% in Q4 2014 and bottomed at 8.65% in Q1 2015.
- Historically, Tax Rate has averaged 1.93% across 5 years, with a median of 0.89% in 2018.
- Annual changes were most pronounced in 2014 — Tax Rate jumped 1704 bps — and 2015, when it plunged 2321 bps.
- Western Midstream Partners' Tax Rate stood at 17.49% in 2014, then sank by 133 bps to 5.72% in 2015, then soared by 111 bps to 0.65% in 2016, then plunged by 104 bps to 0.03% in 2017, then tumbled by 1155 bps to 0.33% in 2018.
- Business Quant data shows WES's Tax Rate at 0.33% in Q4 2018, 0.97% in Q3 2018, and 0.81% in Q2 2018.
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Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | -0.33% |
| Dec 31, 2018 | -0.33% |
| Dec 31, 2018 | -0.33% |
| Sep 30, 2018 | 0.97% |
| Sep 30, 2018 | 0.97% |
| Sep 30, 2018 | 0.97% |
| Jun 30, 2018 | 0.81% |
| Jun 30, 2018 | 0.81% |
| Jun 30, 2018 | 0.81% |
| Mar 31, 2018 | 0.99% |
| Mar 31, 2018 | 0.99% |
| Mar 31, 2018 | 0.99% |
| Dec 31, 2017 | -0.03% |
| Dec 31, 2017 | -0.03% |
| Dec 31, 2017 | -0.03% |
| Sep 30, 2017 | 0.35% |
| Sep 30, 2017 | 0.35% |
| Sep 30, 2017 | 0.35% |
| Jun 30, 2017 | 0.48% |
| Jun 30, 2017 | 0.48% |