Western Midstream Partners LP (WES) — Cash Flow Reinvestment Rate
Western Midstream Partners LP (WES) has a Cash Flow Reinvestment Rate of 0.49x as of March 2026, reinvesting $235.73 Million (capex $235.73 Million ) from operating cash flow of $479.79 Million. Check Western Midstream Partners LP earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Western Midstream Partners LP Cash Flow Reinvestment Rate (2006–2025)
Historical reinvestment intensity for Western Midstream Partners LP across 20 annual periods. Explore long-term investment intensity of Western Midstream Partners LP to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Western Midstream Partners LP (2006–2025)
Year-by-year capital reinvestment analysis for Western Midstream Partners LP. For live market cap and broader valuation context, see Western Midstream Partners LP market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (USD) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.33x | $727.99 Million | $2.19 Billion | $727.99 Million | ▼ -19.8% |
| 2024 | 0.41x | $873.02 Million | $2.11 Billion | $833.86 Million | ▼ -39.9% |
| 2023 | 0.69x | $1.14 Billion | $1.65 Billion | $735.08 Million | ▲ +112.7% |
| 2022 | 0.32x | $551.12 Million | $1.70 Billion | $487.23 Million | ▲ +0.2% |
| 2021 | 0.32x | $571.21 Million | $1.77 Billion | $313.67 Million | ▲ +16.3% |
| 2020 | 0.28x | $455.25 Million | $1.64 Billion | $423.09 Million | ▼ -69.8% |
| 2019 | 0.92x | $1.22 Billion | $1.32 Billion | $1.19 Billion | ▼ -23.2% |
| 2018 | 1.20x | $1.22 Billion | $1.02 Billion | $1.19 Billion | ▲ +54.2% |
| 2017 | 0.78x | $698.11 Million | $897.41 Million | $675.02 Million | ▲ +41.7% |
| 2016 | 0.55x | $501.23 Million | $913.08 Million | $479.99 Million | ▼ -40.8% |
| 2015 | 0.93x | $618.53 Million | $666.77 Million | $602.29 Million | ▼ -28.7% |
| 2014 | 1.30x | $691.06 Million | $530.97 Million | $673.00 Million | ▼ -17.0% |
| 2013 | 1.57x | $646.47 Million | $412.30 Million | $646.47 Million | ▼ -36.5% |
| 2012 | 2.47x | $459.31 Million | $186.11 Million | $459.31 Million | ▲ +371.7% |
| 2011 | 0.52x | $142.95 Million | $273.22 Million | $142.95 Million | ▲ +47.8% |
| 2010 | 0.35x | $76.83 Million | $217.07 Million | $76.83 Million | ▼ -35.1% |
| 2009 | 0.55x | $62.17 Million | $113.96 Million | $62.17 Million | ▼ -12.5% |
| 2008 | 0.62x | $135.19 Million | $216.79 Million | $135.19 Million | ▼ -66.6% |
| 2007 | 1.87x | $136.87 Million | $73.22 Million | $136.87 Million | ▲ +20.7% |
| 2006 | 1.55x | $42.30 Million | $27.32 Million | $42.30 Million | — |