Companies: 10,795·Total market cap: $144.5T
Western Midstream Partners, LP

Western Midstream Partners, LP

WESNYSEEnergy● Active
$44.11
$-0.27(-0.60%)
Market Cap$17.4B
P/E Ratio
52W High$48.01
52W Low$36.9
Overview

Western Midstream Partners, LP (WES) PE Ratio — Current & Historical Data

Trailing twelve months (TTM) P/E, forward P/E, PEG, and annual PE history — from market prices and filings.

wes · pe ratio · data through Dec 31, 2025

Core PE Ratio Metrics

Trailing 12 months · TTM

The price-to-earnings (P/E) ratio for Western Midstream Partners, LP (WES) measures how much investors pay for each dollar of the company's trailing earnings. WES's current PE ratio of 14.65x is calculated by dividing its stock price of $44.10 by its TTM earnings per share of $3.01. +39.5% elevated vs 5Y avg 10.5x

14.65x
P/E Ratio (TTM)+39.5%

Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31

Forward P/E
11.72x
FY2027 est. EPS $3.76
Based on 6 analysts
EPS (TTM)
$3.01
TTM · diluted EPS
PEG Ratio
-1.89
Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Western Midstream Partners, LP SEC 10-K & 10-Q filings · US GAAPUpdated: 2026-06-08

PE Ratio History

2007 – 2025 · Annual
PE Ratio (TTM)
5Y Avg 10.5x
EPS (Annual)

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)

Historical PE Range

Past 19 fiscal years · Front-end computed
Average
150.9x
19-yr mean
Median
19.7x
19-yr midpoint
Minimum
8.7x
Lowest year
Maximum
2333.9x
Highest year
14.7x ← Now
8.7x
Min
Q1 · 25%19.7x
Median
Q3 · 75%2333.9x
Max
Within Historical Range

At 14.65x, WES's current P/E is within its average historical range over the past 19 fiscal years.

37th percentileHigher than 7 of 19 historical fiscal year readings

Percentile calculated from annual fiscal year data points, not by trading day. Years where PE ≤ 0 or > 9,999 are excluded.

PE Ratio vs Peers

Oil & Gas Midstream · 6 peers · Annual PE
CompanyMarket CapPE (Annual)vs AvgEPS (TTM)
Western Midstream Partners, LP
Western Midstream Partners, LPYou
WES
$17.4B14.65x-27.7%$3.01
Antero Midstream Corporation
Antero Midstream Corporation
AM
$10.2B20.58x+1.5%$0.86
Coterra Energy Inc.
Coterra Energy Inc.
CTRA
$24.7B11.67x-42.5%$2.26
DT Midstream, Inc.
DT Midstream, Inc.
DTM
$14.5B27.57x+36.0%$4.34
TechnipFMC plc
TechnipFMC plc
FTI
$27.4B19.37x-4.5%$2.30
Hess Midstream LP
Hess Midstream LP
HESM
$8.1B12.03x-40.7%$2.87
Nextpower Inc.
Nextpower Inc.
NXT
$19.8B30.45x+50.2%$3.96
Industry Average
6 peers with valid PE
20.28xbaseline

* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio

Annual PE Ratio History

Showing 10 of 19 years
Fiscal Year EndPE RatioEPS (TTM)YoY ChangePE vs Max
2025-12-31Latest
FY2025
13.53x$2.92+45.6%
2024-12-31
FY2024
9.29x$4.14-15.3%
2023-12-31
FY2023
10.96x$2.67+25.8%
2022-12-31
FY2022
8.71x$3.08-12.8%
2021-12-31
FY2021
10.00x$2.23-12.5%
2020-12-31
FY2020
11.42x$1.21-2.7%
2019-12-31
FY2019
11.74x$1.68-28.5%
2018-12-31
FY2018
16.43x$1.69-23.9%
2017-12-31
FY2017
21.60x$1.72-19.4%
2016-12-31
FY2016
26.81x$1.58-70.3%

▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare · Zero extra API

About PE Ratio & Methodology

The price-to-earnings (P/E) ratio for Western Midstream Partners, LP (WES) measures how much investors pay for each dollar of the company's trailing earnings. WES's current PE ratio of 14.65x is calculated by dividing its stock price of $44.10 by its TTM earnings per share of $3.01.

PE Ratio = Stock Price ÷ EPS (TTM)
= $44.10 ÷ $3.01 = 14.65x
TTMTrailing Twelve Months — sum of the most recent 4 quarterly EPS figures
Forward PEStock price ÷ analyst consensus EPS estimate for the next fiscal year
PEGPE ÷ earnings growth rate — values below 1.0 suggest growth may justify the premium
Figures tie to SEC 10-K/10-Q and FMP ratio endpoints where noted.

Frequently asked questions

WES pe ratio · 6 questions

WES's current PE ratio is 14.65x as of 2026-06-08, based on a stock price of $44.10 and TTM EPS of $3.01. Data sourced from Financial Modeling Prep via WES's SEC 10-K and 10-Q filings.

WES PE ratioWhat is WES PE ratioCurrent PE ratio of WESWES PE ratio today

Source: FMP · /ratios-ttm · /ratios annual · /analyst-estimates · /stock-peers · Western Midstream Partners, LP SEC 10-K & 10-Q filings · US GAAP · Updated: 2026-06-08