Western Midstream Partners Cash Flow Statement
NYSE: WESUtilitiesNatural Gas DistributionUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Western Midstream Partners free cash flow
In fiscal 2025, Western Midstream Partners generated $2.22 billion of operating cash flow and spent $728.0 million on capital expenditures. That left free cash flow of $1.49 billion, a free-cash-flow margin of 38.9% of revenue. Free cash flow was up 14.7% from the prior year's $1.30 billion.
Western Midstream Partners returned $1.43 billion to shareholders through dividends, equal to 96% of free cash flow. Free cash flow covered dividend payments 1.0 times.
Summary generated from market data by MetaCap's automated system. Methodology
Western Midstream Partners cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 1.21B | 1.61B | 1.05B | 1.25B | 944.00M | 516.85M | 807.70M | 630.65M | 737.38M | 596.98M |
| Net Income growth (YoY) | -24.75% | +53.74% | -16.26% | +32.57% | +82.64% | -36.01% | +28.07% | -14.47% | +23.52% | +5279.17% |
| Depreciation & Amortization | 710.78M | 650.43M | 600.67M | 582.37M | 551.63M | 491.09M | 483.25M | 389.16M | 318.77M | 272.93M |
| Stock-Based Compensation | 50.80M | 37.99M | 32.01M | 27.78M | 27.68M | 22.46M | 15.49M | 6.43M | 5.17M | 4.99M |
| Change in Working Capital | 32.05M | -64.73M | -146.37M | -124.11M | 131.25M | -49.25M | -75.90M | -14.90M | -17.18M | 9.37M |
| Operating Cash Flow | 2.22B | 2.14B | 1.66B | 1.70B | 1.77B | 1.64B | 1.32B | 1.35B | 1.04B | 913.08M |
| Capital Expenditures | -727.99M | -833.86M | -735.08M | -487.23M | -313.67M | -423.60M | -1.19B | -1.95B | -1.03B | -479.99M |
| Investing Cash Flow | -1.09B | -39.17M | -1.61B | -218.24M | -257.54M | -448.25M | -3.39B | -2.21B | -1.13B | -1.11B |
| Dividends Paid | -1.43B | -1.25B | -978.43M | -735.75M | -533.76M | -695.83M | -969.07M | -502.46M | -441.97M | -374.08M |
| Share Repurchases | 0 | 0 | -134.60M | -487.59M | -217.47M | -32.53M | 0 | 0 | — | — |
| Debt Issued | 1.18B | 789.04M | 2.45B | 1.39B | 480.00M | 3.68B | 4.17B | 2.67B | 468.80M | 1.32B |
| Debt Repaid | -1.08B | -143.85M | -1.97B | -1.52B | -1.43B | -3.80B | -1.47B | -1.04B | 0 | -900.00M |
| Financing Cash Flow | -1.41B | -1.28B | -67.91M | -1.40B | -1.75B | -844.20M | 2.07B | 875.19M | -188.88M | 451.84M |
| Net Change in Cash | -270.97M | 817.68M | -13.87M | 84.66M | -242.92M | 344.96M | 7.82M | 12.55M | -279.48M | 259.38M |
| Free Cash Flow | 1.49B | 1.30B | 926.25M | 1.21B | 1.45B | 1.21B | 134.85M | -600.42M | 14.40M | 433.08M |
This table shows 10 annual periods of Western Midstream Partners's cash flow statement, from FY 2025 back to FY 2016, across 14 line items including net income, depreciation & amortization, stock-based compensation. Values in USD; B = billions, M = millions. Fiscal periods follow WES's reporting calendar. What is a cash flow statement?