Western Midstream Partners LP (WES) — Cash Flow Quality Index
Western Midstream Partners LP (WES) has a Cash Flow Quality Index of 1.40x as of March 2026. Operating cash flow of $479.79 Million exceeds net income of $342.39 Million, indicating high earnings quality where cash backs reported profits. Explore how efficiently does Western Midstream Partners LP generate cash to assess how effectively this company generates cash.
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. Check total reinvestment intensity of Western Midstream Partners LP to assess the company's total reinvestment commitment from operating cash flow.
Annual Cash Flow Quality Index for Western Midstream Partners LP (2006–2025)
Year-by-year earnings quality comparison for Western Midstream Partners LP. For live market cap and the full company financial profile, see WES market cap.
| 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 | — |