Western Midstream Partners, LP (WES) Tax Rate (2012 - 2018)

Western Midstream Partners (WES) has reported Tax Rate for 7 consecutive years, with 0.33% the latest figure, recorded in Q4 2018.

• On a quarterly basis, Tax Rate fell 30.0% year-over-year to 0.33% in Q4 2018; TTM through Dec 2018 was 0.65%, a 19.0% decrease from a year earlier, with the FY2018 full-year figure at 0.65%, down 19.0% from the prior year.
• Tax Rate was 0.33% for Q4 2018 at Western Midstream Partners, down from 0.97% in the prior quarter.
• Over five years, Tax Rate peaked at 17.49% in Q4 2014 and troughed at 8.65% in Q1 2015.
• A 5-year average of 1.93% and a median of 0.89% in 2018 frame the typical range for Tax Rate.
• Across the five-year window, Tax Rate soared 1704 bps in 2014 and sank 2321 bps in 2015, its largest moves.
• Over 5 years, Tax Rate stood at 17.49% in 2014, then sank by 133 bps to 5.72% in 2015, then jumped 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.
• The last three Tax Rate figures came in at 0.33% (Q4 2018), 0.97% (Q3 2018), and 0.81% (Q2 2018), per Business Quant data.