Western Midstream Partners, LP
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 · TTMThe 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 $43.94 by its TTM earnings per share of $3.01. +39.5% elevated vs 5Y avg 10.5x
Source: FMP · /ratios-ttm · /analyst-estimates · 2025-12-31
PE Ratio History
2007 – 2025 · Annual▸ FMP /ratios?period=annual&limit=20 · priceToEarningsRatio + netIncomePerShare (Annual)
Historical PE Range
Past 19 fiscal years · Front-end computedMinQ1 · 25%19.7x
MedianQ3 · 75%2333.9x
Max
At 14.65x, WES's current P/E is within its average historical range over the past 19 fiscal years.
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| Company | Market Cap | PE (Annual) | vs Avg | EPS (TTM) |
|---|---|---|---|---|
Western Midstream Partners, LPYou WES | $17.3B | 14.65x | -27.7% | $3.01 |
 Antero Midstream Corporation AM | $10.2B | 20.58x | +1.5% | $0.86 |
 Coterra Energy Inc. CTRA | $24.7B | 11.67x | -42.5% | $2.26 |
 DT Midstream, Inc. DTM | $14.5B | 27.57x | +36.0% | $4.34 |
 TechnipFMC plc FTI | $27.6B | 19.37x | -4.5% | $2.30 |
 Hess Midstream LP HESM | $8.0B | 12.03x | -40.7% | $2.87 |
 Nextpower Inc. NXT | $19.8B | 30.45x | +50.2% | $3.96 |
Industry Average 6 peers with valid PE | — | 20.28x | baseline | — |
* N/A — Company is not profitable (TTM) · excluded from industry average · ▸ FMP /stock-peers + /ratios?limit=1 · priceToEarningsRatio
Annual PE Ratio History
| Fiscal Year End | PE Ratio | EPS (TTM) | YoY Change | PE 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 $43.94 by its TTM earnings per share of $3.01.
Frequently asked questions
WES pe ratio · 6 questionsWES's current PE ratio is 14.65x as of 2026-06-08, based on a stock price of $43.94 and TTM EPS of $3.01. Data sourced from Financial Modeling Prep via WES's SEC 10-K and 10-Q filings.
▸ 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