Western Midstream Partners, LP Income Statement
WES / Utilities|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
Western Midstream Partners, LP reported $3.8B in revenue and $1.2B in net income for FY2025. Revenue has grown at a 11.2% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Strong profit margin: 43.6%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.8B | $3.6B | $2.9B | $2.8B | $2.7B | $2.3B | $2.4B | $2.3B | $2.4B | $1.8B | $1.8B | $894.5M | $1.1B | $894.5M | $869.4M |
| Cost of Revenue | - | - | - | - | - | - | - | $431.9M | $908.7M | $494.2M | - | - | - | - | - |
| SG&A Expense | $398.9M | $271.5M | $195.5M | $155.8M | $114.6M | $67.2M | $53.9M | $67.2M | $53.9M | $49.2M | $44.4M | $99.7M | $35.1M | $99.7M | $40.6M |
| Operating Income | $1.6B | $2.0B | $1.3B | $878.9M | $1.2B | $861.3M | $801.7M | $861.3M | $801.7M | $704.5M | $154.2M | $194.3M | $323.5M | $194.3M | $245.3M |
| Interest Expense | $390.5M | $378.5M | $376.5M | $380.1M | $303.3M | $183.8M | $142.5M | $183.8M | $142.5M | $116.6M | $113.9M | $42.1M | $51.8M | $42.1M | $30.3M |
| Income Tax | $15.1M | $18.1M | -$9.8M | $6.0M | $13.5M | $58.9M | -$59.9M | $58.9M | -$59.9M | $8.4M | $45.5M | $48.9M | $4.6M | $48.9M | $58.8M |
| Net Income | $1.2B | $1.6B | $916.3M | $527.0M | $697.2M | $551.6M | $540.8M | $551.6M | $540.8M | $345.8M | $165.5M | $61.4M | $163.8M | $61.4M | $94.2M |
| Operating Margin | 41.7% | 54.7% | 46.4% | 31.7% | 44.8% | 37.5% | 33.0% | 37.5% | 33.0% | 39.1% | 8.8% | 21.7% | 29.8% | 21.7% | 28.2% |
| Profit Margin | 30.7% | 43.6% | 31.9% | 19.0% | 25.4% | 24.0% | 22.3% | 24.0% | 22.3% | 19.2% | 9.4% | 6.9% | 15.1% | 6.9% | 10.8% |