Western Midstream Partners, LP

WES · Mid cap · 1 article

Financial highlights

Metric	FY 12/31/25	FY 12/31/24	FY 12/31/23	FY 12/31/22	FY 12/31/21
Income Statement
Revenue	$3.8B	$3.6B	$3.1B	$3.3B	$2.9B
Operating income	$1.6B	$2.0B	$1.4B	$1.6B	$1.3B
Interest expense	$390.5M	$378.5M	$348.2M	$333.9M	$376.5M
Pretax income	$1.2B	$1.6B	$1.1B	$1.3B	$934.2M
Income tax expense	$15.1M	$18.1M	$4.4M	$4.2M	-$9.8M
Net income	$1.2B	$1.6B	$1.0B	$1.2B	$916.3M
Balance Sheet
Cash and equivalents	$819.5M	$1.1B	$272.8M	$286.7M	$202.0M
Current assets	$1.7B	$1.8B	$992.4M	$900.4M	$684.8M
Total assets	$15.0B	$13.1B	$12.5B	$11.3B	$11.3B
Current liabilities	$1.2B	$1.7B	$1.3B	$903.9M	$1.1B
Total liabilities	$10.8B	$9.8B	$9.4B	$8.2B	$8.2B
Total debt	$8.6B	$7.9B	$7.9B	$6.8B	$6.9B
Cash Flow Statement
Cash from operations	$2.2B	$2.1B	$1.7B	$1.7B	$1.8B
Depreciation and amortization	$710.8M	$650.4M	$600.7M	$582.4M	$551.6M
Stock-based compensation	$50.8M	$38.0M	$32.0M	$27.8M	$27.7M
Capital expenditure	$79.7M	$64.1M	$99.6M	$82.4M	$35.2M
Free cash flow	$2.1B	$2.1B	$1.6B	$1.6B	$1.7B
Dividends paid	$1.4B	$1.2B	$978.4M	$735.8M	$533.8M
Share repurchases	$0	$0	$134.6M	$487.6M	$217.5M
Impairments	$0	$6.2M	$52.9M	$0	$0

Shares outstanding 393.8M · Free float 35.8%

Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.