Western Midstream Partners LP (WES) — Capital Reinvestment Ratio
Western Midstream Partners LP (WES) has a Capital Reinvestment Ratio of 0.49x as of March 2026, meaning it reinvests 0% of its operating cash flow ($479.79 Million) in capital expenditures ($235.73 Million). See WES equity financing ratio to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Western Midstream Partners LP Capital Reinvestment Ratio (2006–2025)
This chart tracks Western Midstream Partners LP's Capital Reinvestment Ratio across 20 annual periods. Check Western Midstream Partners LP (WES) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Western Midstream Partners LP (2006–2025)
Year-by-year Capital Reinvestment Ratio for Western Midstream Partners LP from 2006 to 2025. For live market cap and broader valuation context, see market value of Western Midstream Partners LP.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.33x | $2.19 Billion | $727.99 Million | ▼ -16.0% |
| 2024 | 0.40x | $2.11 Billion | $833.86 Million | ▼ -11.3% |
| 2023 | 0.45x | $1.65 Billion | $735.08 Million | ▲ +55.7% |
| 2022 | 0.29x | $1.70 Billion | $487.23 Million | ▲ +61.3% |
| 2021 | 0.18x | $1.77 Billion | $313.67 Million | ▼ -31.3% |
| 2020 | 0.26x | $1.64 Billion | $423.09 Million | ▼ -71.2% |
| 2019 | 0.90x | $1.32 Billion | $1.19 Billion | ▼ -23.5% |
| 2018 | 1.17x | $1.02 Billion | $1.19 Billion | ▲ +56.1% |
| 2017 | 0.75x | $897.41 Million | $675.02 Million | ▲ +43.1% |
| 2016 | 0.53x | $913.08 Million | $479.99 Million | ▼ -41.8% |
| 2015 | 0.90x | $666.77 Million | $602.29 Million | ▼ -28.7% |
| 2014 | 1.27x | $530.97 Million | $673.00 Million | ▼ -19.2% |
| 2013 | 1.57x | $412.30 Million | $646.47 Million | ▼ -36.5% |
| 2012 | 2.47x | $186.11 Million | $459.31 Million | ▲ +371.7% |
| 2011 | 0.52x | $273.22 Million | $142.95 Million | ▲ +47.8% |
| 2010 | 0.35x | $217.07 Million | $76.83 Million | ▼ -35.1% |
| 2009 | 0.55x | $113.96 Million | $62.17 Million | ▼ -12.5% |
| 2008 | 0.62x | $216.79 Million | $135.19 Million | ▼ -66.6% |
| 2007 | 1.87x | $73.22 Million | $136.87 Million | ▲ +20.7% |
| 2006 | 1.55x | $27.32 Million | $42.30 Million | — |