Western Midstream Partners (WES) Tax Rate (2012 - 2026)
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.
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 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
| Date | Value |
|---|---|
| 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% |
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
import 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();