Western Midstream
WES
#1170
Rank
$15.98 B
Marketcap
$42.02
Share price
1.18%
Change (1 day)
54.54%
Change (1 year)

Operating Margin for Western Midstream (WES)

Operating Margin as of July 2024 (TTM): 45.91%

According to Western Midstream 's latest financial reports and stock price the company's current Operating Margin is 45.91%. At the end of 2022 the company had an Operating Margin of 38.61%.

Operating Margin history for Western Midstream from 2012 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202238.61%18.93%
202132.47%72.18%
202018.86%-36.94%
201929.90%31.83%
201822.68%-11.78%
201725.71%-23.37%
201633.55%-929.33%
2015-4.05%-113.23%
201430.57%13.02%
201327.05%87.39%
201214.44%-43.64%
201125.61%-14.16%
201029.84%-19.45%
200937.04%43.5%
200825.81%17.93%
200721.89%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
10.75%-76.58%๐Ÿ‡บ๐Ÿ‡ธ USA
16.57%-63.91%๐Ÿ‡บ๐Ÿ‡ธ USA
20.46%-55.43%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.