Western Midstream Partners, LP (WES) Operating Margin
- Operating margin · 12 months: Value 41.04%; Formula and calculation Operating income / revenue. Period ending 2026-03-31..
Operating margin
Overview →Financial period ending 2026-03-31; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Operating margin · 12 months | 41.04% | Operating income / revenue. Period ending 2026-03-31. $1.66B ÷ $4.05B × 100 ≈ 41.04% |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Operating income | 1.66B USD | Operating Income (Loss) |
| Revenue | 4.05B USD | Revenue from Contract with Customer, Excluding Assessed Tax |
| Cost of products and services | (m) | Cost of Goods and Services Sold |
| Research and development | (m) | |
| Selling, general and administration | (m) |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Operating income (USD) | Revenue (USD) | Cost of products and services (USD) | Research and development (USD) | Selling, general and administration (USD) | Operating margin |
|---|---|---|---|---|---|---|
| 2026-03-31 | $1.66B | $4.05B | (m) | (m) | (m) | 41.04% |
| 2025-12-31 | $1.60B | $3.84B | (m) | (m) | (m) | 41.69% |
| 2025-09-30 | $1.72B | $3.74B | (m) | (m) | (m) | 46.03% |
| 2025-06-30 | $1.68B | $3.67B | (m) | (m) | (m) | 45.66% |
| 2025-03-31 | $1.70B | $3.63B | (m) | (m) | (m) | 46.82% |
| 2024-12-31 | $1.97B | $3.60B | (m) | (m) | (m) | 54.68% |
| 2024-09-30 | $1.94B | $3.53B | (m) | (m) | (m) | 54.81% |
| 2024-06-30 | $1.90B | $3.43B | (m) | (m) | (m) | 55.51% |
| 2024-03-31 | $1.77B | $3.26B | (m) | (m) | (m) | 54.27% |
| 2023-12-31 | $1.38B | $3.11B | (m) | (m) | (m) | 44.42% |
| 2023-09-30 | $1.42B | $3.03B | (m) | (m) | (m) | 46.79% |
| 2023-06-30 | $1.41B | $3.09B | (m) | (m) | (m) | 45.74% |
| 2023-03-31 | $1.47B | $3.23B | (m) | (m) | (m) | 45.66% |
| 2022-12-31 | $1.59B | $3.25B | (m) | (m) | (m) | 48.85% |
| 2022-09-30 | $1.48B | $3.15B | (m) | (m) | (m) | 47.22% |
| 2022-06-30 | $1.51B | $3.03B | (m) | (m) | (m) | 49.93% |
| 2022-03-31 | $1.45B | $2.82B | (m) | (m) | (m) | 51.31% |
| 2021-12-31 | $1.34B | $2.70B | (m) | (m) | (m) | 49.54% |
| 2021-09-30 | $1.38B | $2.62B | (m) | (m) | (m) | 52.78% |
| 2021-06-30 | $1.35B | $2.53B | (m) | (m) | (m) | 53.31% |
| 2021-03-31 | $1.39B | $2.46B | (m) | (m) | (m) | 56.23% |
| 2020-12-31 | $878.91M | $2.55B | (m) | (m) | (m) | 34.50% |
| 2020-09-30 | $839.59M | $2.67B | (m) | (m) | (m) | 31.41% |
| 2020-06-30 | $761.22M | $2.71B | (m) | (m) | (m) | 28.06% |
| 2020-03-31 | $697.51M | $2.79B | (m) | (m) | (m) | 25.02% |
| 2019-12-31 | $1.23B | $2.75B | (m) | (m) | (m) | 44.85% |
| 2019-09-30 | $1.16B | $2.72B | (m) | (m) | (m) | 42.79% |
| 2019-06-30 | $1.15B | $2.64B | $462.47M | (m) | (m) | 43.59% |
| 2019-03-31 | $719.42M | $2.17B | $451.67M | (m) | (m) | 33.20% |
| 2018-12-31 | $625.36M | $2.00B | $431.92M | (m) | (m) | 31.32% |
| 2018-09-30 | $642.10M | $2.07B | (m) | (m) | (m) | 31.02% |
| 2018-06-30 | $621.16M | $2.08B | (m) | (m) | (m) | 29.83% |
| 2018-03-31 | $754.12M | $2.17B | (m) | (m) | (m) | 34.76% |
| 2017-12-31 | $704.40M | $2.25B | (m) | (m) | (m) | 31.33% |
| 2017-09-30 | $703.73M | $2.13B | (m) | (m) | (m) | 33.08% |
| 2017-06-30 | $721.60M | $2.03B | (m) | (m) | (m) | 35.47% |
| 2017-03-31 | $689.95M | $1.94B | (m) | (m) | (m) | 35.61% |
| 2016-12-31 | $704.53M | $1.80B | (m) | (m) | (m) | 39.05% |
| 2016-09-30 | $405.82M | $1.71B | (m) | (m) | (m) | 23.73% |
| 2016-06-30 | $434.95M | $1.66B | (m) | (m) | (m) | 26.19% |
| 2016-03-31 | $309.72M | $1.51B | (m) | (m) | (m) | 20.55% |
| 2015-12-31 | $34.39M | $1.56B | (m) | (m) | (m) | 2.20% |
| 2015-09-30 | $524.99M | $1.45B | (m) | (m) | (m) | 36.26% |
| 2015-06-30 | $465.82M | $1.41B | (m) | (m) | (m) | 32.99% |
| 2015-03-31 | $452.60M | $1.36B | (m) | (m) | (m) | 33.40% |
| 2014-12-31 | $448.34M | $1.27B | (m) | (m) | (m) | 35.20% |
| 2014-09-30 | $432.09M | $1.21B | (m) | (m) | (m) | 35.56% |
| 2014-06-30 | $399.80M | $1.19B | (m) | (m) | (m) | 33.72% |
| 2014-03-31 | $354.36M | $1.11B | (m) | (m) | (m) | 32.01% |
| 2013-12-31 | $317.93M | $1.05B | (m) | (m) | (m) | 30.18% |
| 2013-09-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2013-06-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2013-03-31 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-12-31 | $194.38M | $910.59M | (m) | (m) | (m) | 21.35% |
| 2012-09-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-06-30 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2012-03-31 | (m) | (m) | (m) | (m) | (m) | (m) |
| 2011-12-31 | $245.29M | $869.40M | (m) | (m) | (m) | 28.21% |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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