Western Midstream Partners LP (WES) — Free Cash Flow Generation Index
Western Midstream Partners LP (WES) has a Free Cash Flow Generation Index of 2.41x as of June 2026. Free cash flow of $1.27 Billion represents 2% of operating cash flow ($524.85 Million). Explore Western Midstream Partners LP capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Western Midstream Partners LP Free Cash Flow Generation Index (2006–2025)
Historical FCF Generation Index trend for Western Midstream Partners LP across 20 annual periods. For the full cash flow conversion analysis, see WES cash generation efficiency.
Annual Free Cash Flow Generation for Western Midstream Partners LP (2006–2025)
Year-by-year Free Cash Flow Generation Index for Western Midstream Partners LP. Check Western Midstream Partners LP (WES) total reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (USD) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.67x | $1.46 Billion | $2.19 Billion | $727.99 Million | ▲ +10.5% |
| 2024 | 0.60x | $1.27 Billion | $2.11 Billion | $833.86 Million | ▲ +9.1% |
| 2023 | 0.55x | $913.12 Million | $1.65 Billion | $735.08 Million | ▼ -22.4% |
| 2022 | 0.71x | $1.21 Billion | $1.70 Billion | $487.23 Million | ▼ -13.2% |
| 2021 | 0.82x | $1.45 Billion | $1.77 Billion | $313.67 Million | ▲ +10.9% |
| 2020 | 0.74x | $1.21 Billion | $1.64 Billion | $423.09 Million | ▲ +625.9% |
| 2019 | 0.10x | $135.27 Million | $1.32 Billion | $1.19 Billion | ▲ +158.6% |
| 2018 | -0.17x | $-177.20 Million | $1.02 Billion | $1.19 Billion | ▼ -170.3% |
| 2017 | 0.25x | $222.39 Million | $897.41 Million | $675.02 Million | ▼ -47.8% |
| 2016 | 0.47x | $433.08 Million | $913.08 Million | $479.99 Million | ▲ +390.4% |
| 2015 | 0.10x | $64.48 Million | $666.77 Million | $602.29 Million | ▲ +136.2% |
| 2014 | -0.27x | $-142.03 Million | $530.97 Million | $673.00 Million | ▲ +52.9% |
| 2013 | -0.57x | $-234.17 Million | $412.30 Million | $646.47 Million | ▲ +61.3% |
| 2012 | -1.47x | $-273.20 Million | $186.11 Million | $459.31 Million | ▼ -407.9% |
| 2011 | 0.48x | $130.28 Million | $273.22 Million | $142.95 Million | ▼ -26.2% |
| 2010 | 0.65x | $140.24 Million | $217.07 Million | $76.83 Million | ▲ +42.2% |
| 2009 | 0.45x | $51.78 Million | $113.96 Million | $62.17 Million | ▲ +20.7% |
| 2008 | 0.38x | $81.61 Million | $216.79 Million | $135.19 Million | ▲ +143.3% |
| 2007 | -0.87x | $-63.65 Million | $73.22 Million | $136.87 Million | ▼ -134.1% |
| 2006 | 2.55x | $69.62 Million | $27.32 Million | $42.30 Million | — |