Western Midstream
WES
Operating Margin for Western Midstream (WES)
Operating Margin as of April 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 |
|---|---|---|
| 2022 | 38.61% | 18.93% |
| 2021 | 32.47% | 72.18% |
| 2020 | 18.86% | -36.94% |
| 2019 | 29.90% | 31.83% |
| 2018 | 22.68% | -11.78% |
| 2017 | 25.71% | -23.37% |
| 2016 | 33.55% | -929.33% |
| 2015 | -4.05% | -113.23% |
| 2014 | 30.57% | 13.02% |
| 2013 | 27.05% | 87.39% |
| 2012 | 14.44% | -43.64% |
| 2011 | 25.61% | -14.16% |
| 2010 | 29.84% | -19.45% |
| 2009 | 37.04% | 43.5% |
| 2008 | 25.81% | 17.93% |
| 2007 | 21.89% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Atmos Energy ATO | 20.46% | -55.43% | 🇺🇸 USA |
 Oneok OKE | 16.57% | -63.91% | 🇺🇸 USA |
 Enterprise Products EPD | 10.75% | -76.58% | 🇺🇸 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.