Superworth

Western Midstream Partners price to free cash flow WES

Market value divided by free cash flow over the last twelve months, since 2014.

Today, Oct 23, 2026
15.3×
10-year median
7.1×
Against its 10-year history
79th
percentile: 0 is its lowest day, 100 its highest
10-year range
2.3× to 236×
Peer median
22.1×

Western Midstream Partners' price to free cash flow is 15.3× as of Oct 23, 2026.

That is above its ten-year median of 7.1×, higher than on 79% of days in the last ten years.

Over that time it ranged from 2.3× in May 2020 to 236× in Oct 2016.

The median for 10 oil and gas pipeline stocks of a similar size is 22.1×.

Price to free cash flow over time

The dashed line is the 10-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

YearEnd of yearLowHigh
2026 so far15.3×7.0×16.8×
20256.9×6.1×27.6×
202425.5×5.3×26.6×
20235.6×5.2×6.9×
20225.9×5.3×8.0×
20216.5×4.2×6.6×
20204.0×2.3×4.6×
20198.6×7.7×8.9×
20187.2×7.2×13.0×
201711.0×10.7×95.6×
201686.1×9.2×249×
201525.6×21.3×280×
201499.9×92.6×132×

Against its peers

Companies in Oil & Gas Midstream nearest Western Midstream Partners' size, closest first, today.

CompanyPrice to free cash flow
WESWestern Midstream Partners15.3×
DTMDT Midstream26.3×
CQPCheniere Energy Partners11.5×
VGVenture Globaln/m
AMAntero Midstreamn/m
KNTKKinetik57.7×
SWXSouthwest Gasn/m
MPLXMPLX Lp18.0×
OKEONEOK20.8×
LNGCheniere Energy22.1×
TRGPTarga Resources87.5×
Peer median22.1×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on Western Midstream Partners

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.