Western Midstream Partners LP (WES) — Free Cash Flow Generation Index
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). See working capital to net assets of Western Midstream Partners LP to evaluate short-term liquidity relative to the company's equity base.
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. Explore Western Midstream Partners LP (WES) debt coverage ratio to assess how comfortably operating cash covers total debt obligations.
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 Western Midstream Partners LP market cap and net worth.
| 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 | — |