Western Midstream
WES
#1210
Rank
C$20.53 B
Marketcap
$53.97
Share price
0.56%
Change (1 day)
53.41%
Change (1 year)

Operating Margin for Western Midstream (WES)

Operating Margin as of September 2024 (TTM): 55.75%

According to Western Midstream 's latest financial reports and stock price the company's current Operating Margin is 55.75%. At the end of 2023 the company had an Operating Margin of 33.88%.

Operating Margin history for Western Midstream from 2012 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202333.88%-12.27%
202238.61%18.93%
202132.47%72.18%
202018.86%-36.94%
201929.90%-0.28%
201829.99%7.54%
201727.88%-16.89%
201633.55%938.03%
20153.23%-89.94%
201432.12%19.99%
201326.77%41.32%
201218.94%-31.09%
201127.49%1.93%
201026.97%10.72%
200924.36%-5.63%
200825.81%17.93%
200721.89%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
10.77%-80.68%๐Ÿ‡บ๐Ÿ‡ธ USA
17.67%-68.30%๐Ÿ‡บ๐Ÿ‡ธ USA
29.63%-46.85%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.