Western Midstream Partners LP (WES) — Free Cash Flow Generation Index

Latest as of March 2026: 0.51x

Western Midstream Partners LP (WES) has a Free Cash Flow Generation Index of 0.51x as of March 2026. Free cash flow of $244.07 Million represents 1% of operating cash flow ($479.79 Million). Read debt load of Western Midstream Partners LP for a breakdown of total debt and financial obligations.

FCF Generation Index

0.51x
Free Cash Flow / Operating CF

Free Cash Flow

$244.07 Million
USD

Operating Cash Flow

$479.79 Million
USD

Capital Expenditures

$235.73 Million
USD

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. Explore WES capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.

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. For the full company profile including market capitalisation, see market value of Western Midstream Partners LP.

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
FCG Index = Free Cash Flow / Operating Cash Flow. FCF = Operating CF + Capital Expenditures (capex stored negative).