Western Midstream Partners, LP
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Western Midstream Partners, LP's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 4% to $3,106,476,000. Profit margin reached 32%. Total operating expenses were $799,785,000.

Profit Margin

Western Midstream Partners, LP (NYSE:WES): Profit margin
2014 1.27B 221.91M 17.42%
2015 1.56B 87.86M 5.63%
2016 1.80B 345.77M 19.16%
2017 2.24B 376.60M 16.75%
2018 1.99B 369.42M 18.56%
2019 2.74B 697.24M 25.39%
2020 2.77B 527.01M 19.01%
2021 2.87B 916.29M 31.85%
2022 3.25B 1.21B 37.43%
2023 3.10B 998.53M 32.14%

WES Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
3.10B3.25B2.87B2.77B2.74B1.99B2.24B1.80B1.56B1.27B
Cost of revenue
927.12M1.00B873.91M679.17M927.50M769.45M1.19B767.12M772.59M621.11M
Gross profit
2.17B2.24B2.00B2.09B1.81B1.22B1.04B1.03B788.77M652.65M
Operating exp.
Research and development
0000000000
Selling and marketing
0000000000
Total operating expenses
799.78M927.14M841.11M804.98M817.16M521.45M413.48M397.41M368.56M262.15M
Operating income
1.37B1.58B1.33B1.52B1.23B625.36M704.39M704.53M34.38M448.33M
Other income (expenses), net
-327.17M-332.24M-402.07M-356.06M-410.17M-78.76M-223.63M65.35M-97.55M-162.07M
Income before tax
1.05B1.25B934.19M522.85M821.17M451.45M578.06M605.35M-63.16M389.40M
Income tax expense
4.38M4.18M-9.80M5.99M13.47M2.94M4.86M8.37M3.38M2.02M
Net income
998.53M1.21B916.29M527.01M697.24M369.42M376.60M345.77M87.86M221.91M
Earnings per share
Basic EPS
2.613.012.181.181.681.691.721.530.391.02
Diluted EPS
2.632.181.181.681.691.721.530.391.02
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