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Western Midstream Partners (WES) Tax Rate (2016 - 2018)

Western Midstream Partners (WES) has disclosed Tax Rate for 7 consecutive years, with 0.33% as the latest value for Q4 2018.

  • Quarterly Tax Rate fell 30.0% to 0.33% in Q4 2018 from the year-ago period, while the trailing twelve-month figure was 0.65% through Dec 2018, down 19.0% year-over-year, with the annual reading at 0.65% for FY2018, 19.0% down from the prior year.
  • Tax Rate for Q4 2018 was 0.33% at Western Midstream Partners, down from 0.97% in the prior quarter.
  • The five-year high for Tax Rate was 17.49% in Q4 2014, with the low at 8.65% in Q1 2015.
  • Average Tax Rate over 5 years is 1.93%, with a median of 0.89% recorded in 2018.
  • The sharpest move saw Tax Rate surged 1704bps in 2014, then crashed -2321bps in 2015.
  • Over 5 years, Tax Rate stood at 17.49% in 2014, then crashed by -133bps to 5.72% in 2015, then skyrocketed by 111bps to 0.65% in 2016, then tumbled by -104bps to 0.03% in 2017, then tumbled by -1155bps to 0.33% in 2018.
  • According to Business Quant data, Tax Rate over the past three periods came in at 0.33%, 0.97%, and 0.81% for Q4 2018, Q3 2018, and Q2 2018 respectively.