Western Gross Profit from 2010 to 2024

WES Stock

USD 38.20 0.42 1.11%

Western Midstream Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit will likely drop to about 1 B in 2024. Gross Profit is the profit Western Midstream Partners makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2006-12-31

Previous Quarter

464.9 M

Current Value

652.3 M

Quarterly Volatility

206.2 M

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Western Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Midstream's main balance sheet or income statement drivers, such as Interest Expense of 365.6 M, Selling General Administrative of 244.3 M or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 5.78, Dividend Yield of 0.0508 or PTB Ratio of 4.06. Western financial statements analysis is a perfect complement when working with Western Midstream Valuation or Volatility modules.

Check out the analysis of Western Midstream Correlation against competitors.

Latest Western Midstream's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Western Midstream Partners over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Western Midstream's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Midstream's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 2.18 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

Western Gross Profit Regression Statistics

	Arithmetic Mean	1,132,957,743
	Geometric Mean	850,722,691
	Coefficient Of Variation	60.02
	Mean Deviation	555,405,273
	Median	1,037,643,138
	Standard Deviation	680,037,552
	Sample Variance	462451.1T
	Range	2.2B
	R-Value	0.83
	Mean Square Error	157659.2T
	R-Squared	0.68
	Significance	0.0001
	Slope	125,708,632
	Total Sum of Squares	6474315T

Western Gross Profit History

	2024	1 B
	2023	1.6 B
	2022	2.2 B
	2021	2 B
	2020	2.1 B
	2019	1.8 B
	2018	1.2 B

Other Fundumenentals of Western Midstream

Gross Profit Margin

Western Midstream Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Accounts Payable	Good Will	Total Liab	Intangible Assets	Property Plant Equipment	Net Debt	Long Term Debt	Net Receivables	Total Current Assets	Short Term Investments	Deferred Long Term Liab	Common Stock	Net Tangible Assets	Long Term Debt Total	Long Term Investments	Accumulated Depreciation	Current Deferred Revenue	Short Long Term Debt	Short Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital
Total Assets		0.34	0.77	0.11	0.87	0.79	0.89	0.88	0.97	0.72	0.64	0.88	0.91	0.81	-0.09	0.93	0.84	-0.83	-0.79	-0.69	0.08	-0.36	0.79	-0.01
Total Stockholder Equity	0.34		0.03	0.14	0.2	0.43	0.27	0.22	0.26	0.22	0.23	0.28	0.22	0.3	-0.22	0.21	0.15	-0.2	-0.23	0.25	0.46	0.17	0.19	0.07
Accounts Payable	0.77	0.03		-0.04	0.86	0.54	0.87	0.86	0.78	0.79	0.64	0.83	0.74	0.57	0.1	0.81	0.72	-0.86	-0.81	-0.65	0.13	-0.66	0.71	-0.21
Good Will	0.11	0.14	-0.04		-0.18	0.52	-0.09	-0.12	-0.03	-0.4	-0.48	-0.09	-0.08	0.14	-0.31	-0.12	0.21	0.31	-0.23	0.31	0.48	-0.45	-0.38	0.19
Total Liab	0.87	0.2	0.86	-0.18		0.58	0.99	1.0	0.92	0.92	0.83	0.98	0.9	0.74	0.01	0.96	0.84	-0.96	-0.77	-0.78	-0.05	-0.33	0.94	-0.13
Intangible Assets	0.79	0.43	0.54	0.52	0.58		0.64	0.61	0.68	0.44	0.32	0.68	0.61	0.8	-0.22	0.63	0.69	-0.55	-0.76	-0.31	0.43	-0.35	0.39	0.02
Property Plant Equipment	0.89	0.27	0.87	-0.09	0.99	0.64		0.99	0.9	0.91	0.81	0.98	0.86	0.75	-0.01	0.93	0.82	-0.94	-0.79	-0.72	0.03	-0.37	0.88	-0.15
Net Debt	0.88	0.22	0.86	-0.12	1.0	0.61	0.99		0.92	0.9	0.79	0.98	0.89	0.76	0.01	0.96	0.86	-0.95	-0.78	-0.77	-0.04	-0.37	0.93	-0.11
Long Term Debt	0.97	0.26	0.78	-0.03	0.92	0.68	0.9	0.92		0.75	0.68	0.9	0.96	0.78	-0.03	0.98	0.88	-0.87	-0.76	-0.79	-0.05	-0.35	0.89	0.03
Net Receivables	0.72	0.22	0.79	-0.4	0.92	0.44	0.91	0.9	0.75		0.93	0.91	0.74	0.61	0.02	0.82	0.59	-0.95	-0.7	-0.67	0.0	-0.11	0.85	-0.22
Total Current Assets	0.64	0.23	0.64	-0.48	0.83	0.32	0.81	0.79	0.68	0.93		0.78	0.7	0.46	-0.13	0.73	0.49	-0.86	-0.59	-0.59	-0.01	0.09	0.79	-0.12
Short Term Investments	0.88	0.28	0.83	-0.09	0.98	0.68	0.98	0.98	0.9	0.91	0.78		0.86	0.82	-0.01	0.93	0.83	-0.95	-0.79	-0.74	0.01	-0.32	0.89	-0.15
Deferred Long Term Liab	0.91	0.22	0.74	-0.08	0.9	0.61	0.86	0.89	0.96	0.74	0.7	0.86		0.66	-0.08	0.96	0.88	-0.84	-0.77	-0.75	0.01	-0.26	0.88	0.13
Common Stock	0.81	0.3	0.57	0.14	0.74	0.8	0.75	0.76	0.78	0.61	0.46	0.82	0.66		0.09	0.78	0.69	-0.73	-0.52	-0.65	-0.14	-0.26	0.67	-0.04
Net Tangible Assets	-0.09	-0.22	0.1	-0.31	0.01	-0.22	-0.01	0.01	-0.03	0.02	-0.13	-0.01	-0.08	0.09		0.0	-0.18	-0.05	0.28	-0.17	-0.42	-0.13	0.08	-0.09
Long Term Debt Total	0.93	0.21	0.81	-0.12	0.96	0.63	0.93	0.96	0.98	0.82	0.73	0.93	0.96	0.78	0.0		0.88	-0.91	-0.74	-0.82	-0.1	-0.34	0.94	-0.02
Long Term Investments	0.84	0.15	0.72	0.21	0.84	0.69	0.82	0.86	0.88	0.59	0.49	0.83	0.88	0.69	-0.18	0.88		-0.74	-0.8	-0.7	0.05	-0.52	0.77	0.01
Accumulated Depreciation	-0.83	-0.2	-0.86	0.31	-0.96	-0.55	-0.94	-0.95	-0.87	-0.95	-0.86	-0.95	-0.84	-0.73	-0.05	-0.91	-0.74		0.74	0.78	0.06	0.28	-0.91	0.16
Current Deferred Revenue	-0.79	-0.23	-0.81	-0.23	-0.77	-0.76	-0.79	-0.78	-0.76	-0.7	-0.59	-0.79	-0.77	-0.52	0.28	-0.74	-0.8	0.74		0.45	-0.5	0.48	-0.58	0.09
Short Long Term Debt	-0.69	0.25	-0.65	0.31	-0.78	-0.31	-0.72	-0.77	-0.79	-0.67	-0.59	-0.74	-0.75	-0.65	-0.17	-0.82	-0.7	0.78	0.45		0.54	0.26	-0.83	0.03
Short Term Debt	0.08	0.46	0.13	0.48	-0.05	0.43	0.03	-0.04	-0.05	0.0	-0.01	0.01	0.01	-0.14	-0.42	-0.1	0.05	0.06	-0.5	0.54		-0.14	-0.27	-0.05
Cash And Equivalents	-0.36	0.17	-0.66	-0.45	-0.33	-0.35	-0.37	-0.37	-0.35	-0.11	0.09	-0.32	-0.26	-0.26	-0.13	-0.34	-0.52	0.28	0.48	0.26	-0.14		-0.19	0.21
Net Invested Capital	0.79	0.19	0.71	-0.38	0.94	0.39	0.88	0.93	0.89	0.85	0.79	0.89	0.88	0.67	0.08	0.94	0.77	-0.91	-0.58	-0.83	-0.27	-0.19		-0.07
Net Working Capital	-0.01	0.07	-0.21	0.19	-0.13	0.02	-0.15	-0.11	0.03	-0.22	-0.12	-0.15	0.13	-0.04	-0.09	-0.02	0.01	0.16	0.09	0.03	-0.05	0.21	-0.07

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About Western Midstream Financial Statements

Western Midstream shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Western Midstream investors may analyze each financial statement separately, they are all interrelated. The changes in Western Midstream's assets and liabilities, for example, are also reflected in the revenues and expenses on on Western Midstream's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Gross Profit	1.6 B	1 B
Gross Profit Margin	0.51	0.47

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