Western Midstream Partners LP (WES) — Cash Flow Quality Index
Western Midstream Partners LP (WES) has a Cash Flow Quality Index of 1.22x as of June 2026. Operating cash flow of $524.85 Million exceeds net income of $431.89 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Western Midstream Partners LP service its debt to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Western Midstream Partners LP Cash Flow Quality Index (2006–2025)
Historical Cash Flow Quality Index for Western Midstream Partners LP across 19 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Western Midstream Partners LP.
Annual Cash Flow Quality Index for Western Midstream Partners LP (2006–2025)
Year-by-year earnings quality comparison for Western Midstream Partners LP.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 1.80x | $2.19 Billion | $1.22 Billion | ▲ +38.0% |
| 2024 | 1.31x | $2.11 Billion | $1.61 Billion | ▼ -16.7% |
| 2023 | 1.57x | $1.65 Billion | $1.05 Billion | ▲ +15.4% |
| 2022 | 1.36x | $1.70 Billion | $1.25 Billion | ▼ -27.4% |
| 2021 | 1.87x | $1.77 Billion | $944.00 Million | ▼ -40.9% |
| 2020 | 3.17x | $1.64 Billion | $516.85 Million | ▲ +93.3% |
| 2019 | 1.64x | $1.32 Billion | $807.70 Million | ▼ -27.7% |
| 2018 | 2.27x | $1.02 Billion | $448.51 Million | ▲ +44.8% |
| 2017 | 1.57x | $897.41 Million | $573.20 Million | ▲ +2.4% |
| 2016 | 1.53x | $913.08 Million | $596.98 Million | ▲ +11.6% |
| 2014 | 1.37x | $530.97 Million | $387.38 Million | ▼ -6.1% |
| 2013 | 1.46x | $412.30 Million | $282.39 Million | ▼ -26.9% |
| 2012 | 2.00x | $186.11 Million | $93.17 Million | ▲ +18.2% |
| 2011 | 1.69x | $273.22 Million | $161.70 Million | ▲ +6.7% |
| 2010 | 1.58x | $217.07 Million | $137.07 Million | ▲ +21.7% |
| 2009 | 1.30x | $113.96 Million | $87.61 Million | ▼ -19.5% |
| 2008 | 1.62x | $216.79 Million | $134.23 Million | ▼ -19.6% |
| 2007 | 2.01x | $73.22 Million | $36.47 Million | ▼ -28.6% |
| 2006 | 2.81x | $27.32 Million | $9.71 Million | — |