Western Midstream Partners LP Cash Flow Conversion Efficiency
Western Midstream Partners LP cash flow conversion efficiency. Based on the latest financial reports, Western Midstream Partners LP (WES) has a cash flow conversion efficiency ratio of 0.119x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($524.85 Million) by net assets ($4.40 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Western Midstream Partners LP (2006–2025)
Cash flow conversion efficiency of Western Midstream Partners LP from 2006 to 2025. This chart illustrates how Western Midstream Partners LP's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Western Midstream Partners LP share price for real-time trading data and today's change.
Western Midstream Partners LP Cash Flow Conversion Ratio Explained
Western Midstream Partners LP cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Western Midstream Partners LP Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Western Midstream Partners LP ranked by their cash flow conversion efficiency. Also see WES stock market capitalisation for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
SUMITOMO MITSU.TR.H.ADR10
F:MIU0
|
N/A |
|
FTAI Aviation Ltd.
NASDAQ:FTAI
|
-0.536x |
|
BCE Inc
TO:BCE
|
0.084x |
|
Baoshan Iron & Steel Co Ltd
SHG:600019
|
0.065x |
|
F5 Networks Inc
NASDAQ:FFIV
|
0.082x |
|
Sinopac Financial Holdings Co Ltd
TW:2890
|
0.289x |
|
mBank SA
WAR:MBK
|
-0.258x |
|
EDP-ENERG.PORTUG. ADR/10
F:EDPA
|
0.053x |
Annual Cash Flow Conversion Efficiency for Western Midstream Partners LP (2006–2025)
The table below shows the annual cash flow conversion efficiency of Western Midstream Partners LP from 2006 to 2025. Review WES free cash flow to operating cash ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | $4.16 Billion | $2.19 Billion | 0.527x | -15.70% |
| 2024-12-31 | $3.38 Billion | $2.11 Billion | 0.625x | +14.82% |
| 2023-12-31 | $3.03 Billion | $1.65 Billion | 0.544x | -0.60% |
| 2022-12-31 | $3.11 Billion | $1.70 Billion | 0.547x | -4.09% |
| 2021-12-31 | $3.10 Billion | $1.77 Billion | 0.571x | +0.91% |
| 2020-12-31 | $2.90 Billion | $1.64 Billion | 0.566x | +42.89% |
| 2019-12-31 | $3.35 Billion | $1.32 Billion | 0.396x | +36.44% |
| 2018-12-31 | $3.50 Billion | $1.02 Billion | 0.290x | +27.52% |
| 2017-12-31 | $3.94 Billion | $897.41 Million | 0.227x | +2.42% |
| 2016-12-31 | $4.11 Billion | $913.08 Million | 0.222x | +16.24% |
| 2015-12-31 | $3.49 Billion | $666.77 Million | 0.191x | +44.36% |
| 2014-12-31 | $4.01 Billion | $530.97 Million | 0.132x | -16.79% |
| 2013-12-31 | $2.59 Billion | $412.30 Million | 0.159x | +77.82% |
| 2012-12-31 | $2.08 Billion | $186.11 Million | 0.089x | -51.97% |
| 2011-12-31 | $1.47 Billion | $273.22 Million | 0.186x | -41.22% |
| 2010-12-31 | $685.10 Million | $217.07 Million | 0.317x | +67.04% |
| 2009-12-31 | $600.78 Million | $113.96 Million | 0.190x | -29.60% |
| 2008-12-31 | $804.62 Million | $216.79 Million | 0.269x | +3.51% |
| 2007-12-31 | $281.32 Million | $73.22 Million | 0.260x | +127.23% |
| 2006-12-31 | $238.53 Million | $27.32 Million | 0.115x | -- |
About Western Midstream Partners LP
Western Midstream Partners, LP, together with its subsidiaries, operates as a midstream energy company primarily in the United States. The company is involved in gathering, compressing, treating, processing, and transporting natural gas; gathering, stabilizing, and transporting condensate, natural gas liquids (NGLs), and crude oil; and gathering and disposing of produced water. It also buys and s… Read more