Western Midstream Partners (WES) Tax Rate (2012 - 2026)
Western Midstream Partners (WES) posted Tax Rate of 1.96% for Q3 2026, up 1.37 percentage points from 0.60% a year earlier and up 0.74 percentage points from the prior quarter.
Powered by 
Analysis
Western Midstream Partners (WES) Tax Rate (2012 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Tax Rate at Western Midstream Partners was 1.71%, up 1.11 percentage points year-over-year; for FY2025, it came in at 1.23%, up 0.12 percentage points from FY2024.
- 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 +0.23 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 1.23% (Q2 2026), 0.97% (Q1 2026) and 3.60% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 23.31% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 22.37% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 1.03% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 19.39% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 11.44% |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 9.35% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 20.53% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 10.16% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 0.17% |
| 10 | Western Midstream Partners | 17.45 Bn | 15.97 Bn | 1.07 Bn | 1.96% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.96% |
| 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% |
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_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WES&period=max&api_key=YOUR_API_KEY");
const data = await res.json();