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WES

$44.38+0.02%

as of close, Oct 1, 2026

☾ AH $44.38 +0.02%

Western Midstream Partners LP Common Units Representing Limited Partner InterestsStock · Utilities

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How Western Midstream Partners makes money

Period

FY2025

How does Western Midstream Partners make money? This Sankey traces every dollar of revenue through the income statement — into cost of revenue, R&D, SG&A, and taxes — and shows what's left as profit. Pick any fiscal year, recent quarter, or the trailing twelve months. Straight from SEC filings.

Western Midstream Partners LP Common Units Representing Limited Partner Interests · FY2025 · year ended 2025-12-31

Revenue$3.8BGross profit$3.8B · 100%Cost of revenue$0 · 0%Operating income$1.6B · 42%Operating expenses$2.2B · 58%SG&A$399M · 10%Other opex$1.8B · 48%Pre-tax income$1.2B · 31%Other expense$405M · 11%Net income$1.2B · 31%Income tax$0 · 0%Service Fee Based$3.5B · 90%Product$195M · 5%Service Product Based$194M · 5%

Each fiscal year from SEC filings. Percentages are share of revenue, so the green profit nodes read directly as gross / operating / net margin. Line items a company doesn't break out are derived from their siblings so the flows balance; small residuals show as “Other.” For informational purposes only.