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 WES strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.
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 tangible net worth ratio of Western Midstream Partners LP to evaluate the tangible quality of the company's equity base.
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 Western Midstream Partners LP market capitalisation.
| 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 | — |