Switch theme
Sign up to access all valuation multiples
Western Midstream Partners LP is a USA-based company which own, operate, acquire and develop midstream energy assets. The company through its subsidiary is engaged in the business of gathering, processing, compressing, treating and transporting natural gas, condensate, NGLs and crude oil. It owns or has investments in assets located in the Rocky Mountains (Colorado, Utah, and Wyoming), the Mid-Continent (Kansas and Oklahoma), North-central Pennsylvania and Texas.
2012
1.5K+
LTM Revenue $3.7B
LTM EBITDA $2.4B
$21.3B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Western Midstream has a last 12-month revenue of $3.7B and a last 12-month EBITDA of $2.4B.
In the most recent fiscal year, Western Midstream achieved revenue of $3.6B and an EBITDA of $2.6B.
Western Midstream expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Western Midstream valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $3.1B | $3.6B | XXX | XXX | XXX |
| Gross Profit | $2.2B | $2.3B | XXX | XXX | XXX |
| Gross Margin | 72% | 65% | XXX | XXX | XXX |
| EBITDA | $2.0B | $2.6B | XXX | XXX | XXX |
| EBITDA Margin | 64% | 73% | XXX | XXX | XXX |
| Net Profit | $1.2B | $1.0B | XXX | XXX | XXX |
| Net Margin | 39% | 28% | XXX | XXX | XXX |
| Net Debt | $6.5B | $7.6B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
As of April 15, 2025, Western Midstream's stock price is $38.
Western Midstream has current market cap of $14.3B, and EV of $21.3B.
See Western Midstream trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $21.3B | $14.3B | XXX | XXX | XXX | XXX | $3.86 |
Sign up to access valuation multiples like growth-adjusted P/E, next 12-month EV/Revenue, EBITDA multiples by industry and many more
Sign UpAs of April 15, 2025, Western Midstream has market cap of $14.3B and EV of $21.3B.
Western Midstream's trades at 5.8x LTM EV/Revenue multiple, and 9.0x LTM EBITDA.
Analysts estimate Western Midstream's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Western Midstream and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $21.3B | XXX | XXX | XXX |
| EV/Revenue | 5.9x | XXX | XXX | XXX |
| EV/EBITDA | 8.0x | XXX | XXX | XXX |
| P/E | 9.1x | XXX | XXX | XXX |
| P/E/Growth | -1.9x | XXX | XXX | XXX |
| EV/FCF | 16.7x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpWestern Midstream's NTM/LTM revenue growth is 5%
Western Midstream's revenue per employee for the last fiscal year averaged $2.4M, while opex per employee averaged $0.8M for the same period.
Over next 12 months, Western Midstream's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Western Midstream's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Western Midstream and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 16% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 73% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 33% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 78% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $2.4M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.8M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 8% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 34% | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| ADNOC | XXX | XXX | XXX | XXX | XXX | XXX |
| NMDC Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| Fastned | XXX | XXX | XXX | XXX | XXX | XXX |
| Fugro | XXX | XXX | XXX | XXX | XXX | XXX |
| Royal Vopak | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Western Midstream acquired XXX companies to date.
Last acquisition by Western Midstream was XXXXXXXX, XXXXX XXXXX XXXXXX . Western Midstream acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
Sign up to see revenue and EBITDA valuation multiples for 60K+ M&A deals.
Sign Up| When was Western Midstream founded? | Western Midstream was founded in 2012. |
| Where is Western Midstream headquartered? | Western Midstream is headquartered in United States of America. |
| How many employees does Western Midstream have? | As of today, Western Midstream has 1.5K+ employees. |
| Who is the CEO of Western Midstream? | Western Midstream's CEO is Mr. Oscar K. Brown. |
| Is Western Midstream publicy listed? | Yes, Western Midstream is a public company listed on NYS. |
| What is the stock symbol of Western Midstream? | Western Midstream trades under WES ticker. |
| When did Western Midstream go public? | Western Midstream went public in 2012. |
| Who are competitors of Western Midstream? | Similar companies to Western Midstream include e.g. ADNOC, NMDC Energy, Fastned, Fugro. |
| What is the current market cap of Western Midstream? | Western Midstream's current market cap is $14.3B |
| What is the current revenue of Western Midstream? | Western Midstream's last 12-month revenue is $3.7B. |
| What is the current EBITDA of Western Midstream? | Western Midstream's last 12-month EBITDA is $2.4B. |
| What is the current EV/Revenue multiple of Western Midstream? | Current revenue multiple of Western Midstream is 5.8x. |
| What is the current EV/EBITDA multiple of Western Midstream? | Current EBITDA multiple of Western Midstream is 9.0x. |
| What is the current revenue growth of Western Midstream? | Western Midstream revenue growth between 2023 and 2024 was 16%. |
| Is Western Midstream profitable? | Yes, Western Midstream is EBITDA-positive (as of the last 12 months). |
Get access to always up-to-date, precisely categorized 70K+ public and private valuation multiples, across tech and beyond.
