Company / Operating Margin
Western Midstream Partners, LP Operating Margin History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
41.7%
FY2025
5-year range
31.7% / 54.7%
FY2021-FY2025
Trend
-23.8%
vs FY2024
Sector context
#2 of 61
Utilities
What the data says
Among 61 Utilities companies, Western Midstream Partners, LP is in the top 3% for operating margin. Operating Margin has fluctuated over the past 10 years, ranging from 31.7% in FY2022 to 54.7% in FY2024.
Based on SEC 10-K filings.
41.7% in FY2025 with a 5-year CAGR of +4.2%. Ranks 2nd among 61 companies in Utilities.
Declined from 46.4% to 41.7% over the past 2 years.
Utilities sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +10.0pp
- 5-Year Change
- +4.2pp
- 10-Year Change
- -
Sector benchmark
Top 3% in UtilitiesTop 3% of 61This company 41.7% Sector average 21.7%
▼
+92.4% above sector average
Key checks
Key Insights
- In FY2025, operating margin decreased 23.8% year-over-year.
- Currently 20.0pp above the Utilities sector average.
- Peak operating margin was recorded in FY2024.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- Strong profit margin: 43.6%
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 41.7% | -23.8% |
| FY2024 | 54.7% | +17.7% |
| FY2023 | 46.4% | +46.5% |
| FY2022 | 31.7% | -29.3% |
| FY2021 | 44.8% | +19.7% |
| FY2020 | 37.5% | +13.5% |
| FY2019 | 33.0% | -11.9% |
| FY2018 | 37.5% | +13.5% |
| FY2017 | 33.0% | -15.5% |
| FY2016 | 39.1% | +343.8% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026