Western Midstream Partners LP (WES) — Financial Flexibility Index

Latest as of June 2026: 0.11x

Western Midstream Partners LP (WES) has a Financial Flexibility Index of 0.11x as of June 2026. Free cash flow of $1.27 Billion (operating CF $524.85 Million minus capex $741.79 Million) represents 0% of total liabilities ($11.92 Billion). Check Western Midstream Partners LP (WES) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Financial Flexibility Index

0.11x
Free Cash Flow / Total Liabilities

Free Cash Flow

$1.27 Billion
Operating CF − Capex

Total Liabilities

$11.92 Billion
USD

Capital Expenditures

$741.79 Million
USD

Western Midstream Partners LP Financial Flexibility Index (2006–2025)

Historical Financial Flexibility Index trend for Western Midstream Partners LP across 20 annual periods. For the full cash flow conversion analysis, see WES operating cash flow.

Annual Financial Flexibility Index for Western Midstream Partners LP (2006–2025)

Year-by-year free cash flow to debt coverage for Western Midstream Partners LP. Explore cash flow to debt ratio of Western Midstream Partners LP to assess how comfortably operating cash covers total debt obligations.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2025 0.27x $2.92 Billion $2.19 Billion $10.84 Billion ▼ -10.5%
2024 0.30x $2.94 Billion $2.11 Billion $9.77 Billion ▲ +19.3%
2023 0.25x $2.38 Billion $1.65 Billion $9.44 Billion ▼ -5.9%
2022 0.27x $2.19 Billion $1.70 Billion $8.16 Billion ▲ +5.4%
2021 0.25x $2.08 Billion $1.77 Billion $8.18 Billion ▲ +10.3%
2020 0.23x $2.06 Billion $1.64 Billion $8.93 Billion ▼ -17.4%
2019 0.28x $2.51 Billion $1.32 Billion $9.00 Billion ▼ -27.6%
2018 0.39x $2.21 Billion $1.02 Billion $5.73 Billion ▼ -0.2%
2017 0.39x $1.57 Billion $897.41 Million $4.07 Billion ▲ +0.5%
2016 0.38x $1.39 Billion $913.08 Million $3.63 Billion ▼ -2.5%
2015 0.39x $1.27 Billion $666.77 Million $3.22 Billion ▼ -10.3%
2014 0.44x $1.20 Billion $530.97 Million $2.74 Billion ▼ -29.9%
2013 0.63x $1.06 Billion $412.30 Million $1.69 Billion ▲ +35.6%
2012 0.46x $645.41 Million $186.11 Million $1.40 Billion ▲ +52.2%
2011 0.30x $416.17 Million $273.22 Million $1.37 Billion ▲ +11.6%
2010 0.27x $293.91 Million $217.07 Million $1.08 Billion ▼ -25.3%
2009 0.36x $176.13 Million $113.96 Million $483.44 Million ▼ -76.3%
2008 1.54x $351.98 Million $216.79 Million $228.53 Million ▼ -30.1%
2007 2.20x $210.10 Million $73.22 Million $95.33 Million ▲ +196.6%
2006 0.74x $69.62 Million $27.32 Million $93.70 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities