Western Historical Income Statement

WES Stock

USD 40.09 0.41 1.01%

Historical analysis of Western Midstream income statement accounts such as Interest Expense of 420.5 M, Selling General Administrative of 280.9 M, Total Revenue of 3.8 B or Gross Profit of 2.6 B can show how well Western Midstream Partners performed in making a profits. Evaluating Western Midstream income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Western Midstream's future profits or losses.

Cash Flow Balance Sheet Income Statement

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Western Midstream latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Western Midstream is a good buy for the upcoming year.

Net Income Gross Profit

Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

About Western Income Statement Analysis

Western Midstream Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Western Midstream shareholders. The income statement also shows Western investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Western Midstream Income Statement Chart

At this time, Western Midstream's Depreciation And Amortization is comparatively stable compared to the past year. EBIT is likely to gain to about 1.7 B in 2025, whereas Income Tax Expense is likely to drop slightly above 3.7 M in 2025.

Selling General Administrative Total Revenue Gross Profit Operating Income Non Operating Income Net Other

Total Revenue

Total revenue comprises all receipts Western Midstream generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Western Midstream Partners minus its cost of goods sold. It is profit before Western Midstream operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Operating Income

Operating Income is the amount of profit realized from Western Midstream operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Western Midstream Partners is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Most accounts from Western Midstream's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Western Midstream current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.

	2022	2023	2024	2025 (projected)
Gross Profit	2.2B	2.2B	2.5B	2.6B
Total Revenue	3.3B	3.1B	3.6B	3.8B

Gross Profit Total Revenue

Western Midstream income statement Correlations

	Interest Expense	Selling General Administrative	Total Revenue	Gross Profit	Operating Income	Cost Of Revenue	Income Before Tax	Net Income	Income Tax Expense	Depreciation And Amortization	Other Operating Expenses	Ebit	Ebitda	Total Operating Expenses	Total Other Income Expense Net	Minority Interest	Net Income From Continuing Ops	Non Operating Income Net Other	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation
Interest Expense		0.91	0.96	0.99	0.96	0.61	0.87	0.92	-0.42	0.97	0.82	0.97	0.97	0.9	-0.8	-0.35	0.78	-0.41	0.13	-0.82	0.65	-0.96	0.92
Selling General Administrative	0.91		0.89	0.93	0.89	0.48	0.88	0.92	-0.27	0.95	0.68	0.89	0.91	0.77	-0.68	-0.44	0.78	-0.26	-0.1	-0.67	0.84	-0.88	0.93
Total Revenue	0.96	0.89		0.98	0.95	0.76	0.92	0.94	-0.41	0.98	0.88	0.98	0.99	0.87	-0.71	-0.22	0.8	-0.38	0.07	-0.84	0.64	-0.87	0.87
Gross Profit	0.99	0.93	0.98		0.98	0.65	0.92	0.95	-0.39	0.99	0.84	0.99	1.0	0.89	-0.75	-0.3	0.81	-0.37	0.07	-0.82	0.67	-0.93	0.92
Operating Income	0.96	0.89	0.95	0.98		0.61	0.93	0.94	-0.38	0.95	0.81	0.97	0.97	0.88	-0.66	-0.17	0.86	-0.38	0.0	-0.83	0.62	-0.94	0.91
Cost Of Revenue	0.61	0.48	0.76	0.65	0.61		0.64	0.62	-0.4	0.65	0.93	0.68	0.67	0.72	-0.43	0.09	0.63	-0.33	0.12	-0.72	0.27	-0.49	0.53
Income Before Tax	0.87	0.88	0.92	0.92	0.93	0.64		0.98	-0.35	0.92	0.78	0.93	0.93	0.79	-0.52	-0.07	0.92	-0.38	-0.3	-0.79	0.74	-0.82	0.87
Net Income	0.92	0.92	0.94	0.95	0.94	0.62	0.98		-0.41	0.96	0.79	0.96	0.96	0.84	-0.66	-0.27	0.9	-0.37	-0.18	-0.78	0.8	-0.88	0.93
Income Tax Expense	-0.42	-0.27	-0.41	-0.39	-0.38	-0.4	-0.35	-0.41		-0.43	-0.4	-0.41	-0.42	-0.32	0.34	0.02	-0.31	0.07	-0.16	0.47	-0.31	0.38	-0.34
Depreciation And Amortization	0.97	0.95	0.98	0.99	0.95	0.65	0.92	0.96	-0.43		0.81	0.98	0.99	0.85	-0.72	-0.34	0.8	-0.28	0.04	-0.81	0.75	-0.9	0.92
Other Operating Expenses	0.82	0.68	0.88	0.84	0.81	0.93	0.78	0.79	-0.4	0.81		0.85	0.84	0.93	-0.66	-0.11	0.8	-0.44	0.13	-0.83	0.43	-0.75	0.78
Ebit	0.97	0.89	0.98	0.99	0.97	0.68	0.93	0.96	-0.41	0.98	0.85		1.0	0.88	-0.72	-0.25	0.82	-0.38	0.05	-0.82	0.64	-0.9	0.9
Ebitda	0.97	0.91	0.99	1.0	0.97	0.67	0.93	0.96	-0.42	0.99	0.84	1.0		0.88	-0.72	-0.28	0.82	-0.35	0.05	-0.82	0.68	-0.91	0.91
Total Operating Expenses	0.9	0.77	0.87	0.89	0.88	0.72	0.79	0.84	-0.32	0.85	0.93	0.88	0.88		-0.79	-0.29	0.84	-0.49	0.12	-0.8	0.51	-0.9	0.9
Total Other Income Expense Net	-0.8	-0.68	-0.71	-0.75	-0.66	-0.43	-0.52	-0.66	0.34	-0.72	-0.66	-0.72	-0.72	-0.79		0.68	-0.48	0.53	-0.32	0.49	-0.51	0.81	-0.76
Minority Interest	-0.35	-0.44	-0.22	-0.3	-0.17	0.09	-0.07	-0.27	0.02	-0.34	-0.11	-0.25	-0.28	-0.29	0.68		-0.05	-0.03	-0.33	-0.03	-0.52	0.41	-0.43
Net Income From Continuing Ops	0.78	0.78	0.8	0.81	0.86	0.63	0.92	0.9	-0.31	0.8	0.8	0.82	0.82	0.84	-0.48	-0.05		-0.4	-0.35	-0.77	0.68	-0.78	0.88
Non Operating Income Net Other	-0.41	-0.26	-0.38	-0.37	-0.38	-0.33	-0.38	-0.37	0.07	-0.28	-0.44	-0.38	-0.35	-0.49	0.53	-0.03	-0.4		0.25	0.31	-0.09	0.42	-0.39
Non Recurring	0.13	-0.1	0.07	0.07	0.0	0.12	-0.3	-0.18	-0.16	0.04	0.13	0.05	0.05	0.12	-0.32	-0.33	-0.35	0.25		-0.06	-0.36	-0.09	-0.08
Tax Provision	-0.82	-0.67	-0.84	-0.82	-0.83	-0.72	-0.79	-0.78	0.47	-0.81	-0.83	-0.82	-0.82	-0.8	0.49	-0.03	-0.77	0.31	-0.06		-0.41	0.77	-0.69
Interest Income	0.65	0.84	0.64	0.67	0.62	0.27	0.74	0.8	-0.31	0.75	0.43	0.64	0.68	0.51	-0.51	-0.52	0.68	-0.09	-0.36	-0.41		-0.66	0.78
Net Interest Income	-0.96	-0.88	-0.87	-0.93	-0.94	-0.49	-0.82	-0.88	0.38	-0.9	-0.75	-0.9	-0.91	-0.9	0.81	0.41	-0.78	0.42	-0.09	0.77	-0.66		-0.93
Reconciled Depreciation	0.92	0.93	0.87	0.92	0.91	0.53	0.87	0.93	-0.34	0.92	0.78	0.9	0.91	0.9	-0.76	-0.43	0.88	-0.39	-0.08	-0.69	0.78	-0.93

Click cells to compare fundamentals

Western Midstream Account Relationship Matchups

Western Midstream income statement Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Interest Expense	380.1M	376.5M	333.9M	348.2M	400.5M	420.5M
Selling General Administrative	155.8M	195.5M	194.0M	232.6M	267.5M	280.9M
Total Revenue	2.8B	2.9B	3.3B	3.1B	3.6B	3.8B
Gross Profit	2.1B	2.0B	2.2B	2.2B	2.5B	2.6B
Operating Income	1.5B	1.3B	1.6B	1.4B	1.6B	1.7B
Cost Of Revenue	679.2M	873.9M	1.0B	927.1M	1.1B	643.0M
Income Before Tax	522.9M	934.2M	1.3B	1.1B	1.2B	1.3B
Net Income Applicable To Common Shares	726.5M	527.0M	916.3M	1.2B	1.4B	1.5B
Net Income	527.0M	916.3M	1.2B	998.5M	1.1B	1.2B
Income Tax Expense	6.0M	(9.8M)	4.2M	4.4M	3.9M	3.7M
Depreciation And Amortization	491.1M	551.6M	582.4M	600.7M	690.8M	725.3M
Other Operating Expenses	1.5B	1.7B	1.9B	1.7B	2.0B	1.2B
Ebit	1.3B	1.2B	1.6B	1.4B	1.6B	1.7B
Ebitda	1.8B	1.7B	2.2B	2.0B	2.3B	2.4B
Total Operating Expenses	805.0M	841.1M	927.1M	799.8M	919.8M	485.8M
Total Other Income Expense Net	(356.1M)	(402.1M)	(332.2M)	(327.2M)	(294.5M)	(279.7M)
Minority Interest	(11.1M)	(27.7M)	(27.5M)	(25.8M)	(23.2M)	(22.1M)
Net Income From Continuing Ops	516.9M	944.0M	1.3B	1.0B	1.2B	679.4M
Non Operating Income Net Other	(106.9M)	24.0M	(25.6M)	1.7M	1.5M	1.6M
Non Recurring	6.3M	644.9M	30.5M	20.6M	18.5M	17.6M
Tax Provision	6.0M	(9.8M)	4.2M	4.4M	3.9M	7.1M
Net Interest Income	(368.3M)	(376.5M)	(333.9M)	(348.2M)	(313.4M)	(329.1M)
Reconciled Depreciation	491.1M	551.6M	582.4M	600.7M	690.8M	524.5M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Western Stock Analysis

When running Western Midstream's price analysis, check to measure Western Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Western Historical Income Statement

About Western Income Statement Analysis

Western Midstream Income Statement Chart

Total Revenue

Gross Profit

Operating Income

Western Midstream income statement Correlations

Western Midstream Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Western Midstream income statement Accounts

Thematic Opportunities

Explore Investment Opportunities

Additional Tools for Western Stock Analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Ebitda	+ 1.0	Gross Profit
Ebitda	+ 1.0	Ebit
Gross Profit	+ 0.99	Interest Expense
Ebitda	+ 0.99	Total Revenue
Depreciation And Amortization	+ 0.99	Gross Profit
Ebit	+ 0.99	Gross Profit

Net Interest Income	- 0.96	Interest Expense
Net Interest Income	- 0.94	Operating Income
Reconciled Depreciation	- 0.93	Net Interest Income
Net Interest Income	- 0.93	Gross Profit
Net Interest Income	- 0.91	Ebitda
Net Interest Income	- 0.9	Total Operating Expenses