← Western Midstream Partners, LP
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.8b | $2.2b | $2.3b | $2.7b | $2.5b | $2.7b | $3.3b | $3.1b | $3.6b | $3.8b | |
| Revenue Not from Contract with Customer, Other | — | — | — | $1.5m | $1.3m | $789k | $953k | $968k | $1.1m | $1.8m | |
| Cost of Revenue | $1.1b | $1.5b | $415.5m | $444.2m | $188.1m | $322.3m | $420.9m | $164.6m | $172.3m | $207.0m | |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $1.1b | $1.5b | $415.5m | $444.2m | $188.1m | $322.3m | $420.9m | $164.6m | $172.3m | $207.0m | |
| Gross Profit (Calculated) (derived) | $753.8m | $755.1m | $1.9b | $2.3b | $2.4b | $2.4b | $2.8b | $2.9b | $3.4b | $3.6b | |
| Operating expenses: | |||||||||||
| Operating Costs and Expenses | $308.0m | $316.0m | $480.9m | $641.2m | $580.9m | $581.3m | $654.6m | $762.5m | $880.6m | $915.9m | |
| Operating Income (Loss) | $704.5m | $704.4m | $861.3m | $1.2b | $878.9m | $1.3b | $1.6b | $1.4b | $2.0b | $1.6b | |
| Additional Financial Items | |||||||||||
| Taxes, Miscellaneous | $40.2m | $46.8m | $51.8m | $61.4m | $68.3m | $64.3m | $78.6m | $56.5m | $62.7m | $69.3m | |
| Amortization of Intangible Assets | $28.4m | $28.4m | $30.8m | $32.0m | $33.0m | $31.7m | $31.7m | $31.7m | $31.7m | $34.8m | |
| Goodwill, Impairment Loss | $0 | $0 | $0 | $0 | $441.0m | $0 | $0 | — | — | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $605.4m | $578.1m | $689.6m | $821.2m | $522.9m | $934.2m | $1.3b | $1.1b | $1.6b | $1.2b | |
| Net Income (Loss) Attributable to Parent | $345.8m | $376.6m | $551.6m | $697.2m | $527.0m | $916.3m | $1.2b | $1.0b | $1.6b | $1.2b | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $251.2m | $196.6m | $79.1m | $110.5m | ($10.2m) | $27.7m | $34.4m | $25.8m | $37.7m | $31.5m | |
| General and Administrative Expense | $49.2m | $50.7m | $67.2m | $114.6m | $155.8m | $195.5m | $194.0m | $232.6m | $271.5m | $398.9m | |
| Other Nonoperating Income (Expense) | $545k | $1.4m | ($4.8m) | ($123.8m) | $1.0m | ($623k) | $1.6m | $5.7m | $31.7m | $16.6m | |
| Current Income Tax Expense (Benefit) | $5.8m | $2.4m | ($80.1m) | $5.9m | $2.7m | ($37k) | — | — | — | $11.1m | |
| Interest Expense | $116.6m | $144.6m | $183.8m | $303.3m | $380.1m | $376.5m | $333.9m | $348.2m | $378.5m | $390.5m | |
| Interest Expense, Debt | — | — | — | — | — | — | $326.9m | $348.4m | $377.9m | — | |
| Income Tax Expense (Benefit) | $8.4m | $4.9m | $58.9m | $13.5m | $6.0m | ($9.8m) | $4.2m | $4.4m | $18.1m | $15.1m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.