Western Income Before Tax from 2010 to 2024

WES Stock  USD 38.87  0.94  2.48%   
Western Midstream Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Western Midstream Income Before Tax quarterly data regression had mean square error of 35872.3 T and mean deviation of  331,657,634. View All Fundamentals
 
Income Before Tax  
First Reported
2006-12-31
Previous Quarter
388.3 M
Current Value
311.3 M
Quarterly Volatility
142.7 M
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Western Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Western Midstream's main balance sheet or income statement drivers, such as Interest Expense of 365.6 M, Selling General Administrative of 244.3 M or Total Revenue of 1.7 B, as well as many indicators such as Price To Sales Ratio of 5.78, Dividend Yield of 0.0508 or PTB Ratio of 4.06. Western financial statements analysis is a perfect complement when working with Western Midstream Valuation or Volatility modules.
  
Check out the analysis of Western Midstream Correlation against competitors.

Latest Western Midstream's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Western Midstream Partners over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Western Midstream income statement and is an important metric when analyzing Western Midstream profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Western Midstream's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Western Midstream's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Slightly volatile
   Income Before Tax   
       Timeline  

Western Income Before Tax Regression Statistics

Arithmetic Mean552,056,907
Coefficient Of Variation74.27
Mean Deviation331,657,634
Median522,850,000
Standard Deviation410,017,931
Sample Variance168114.7T
Range1.3B
R-Value0.90
Mean Square Error35872.3T
R-Squared0.80
Slope82,098,951
Total Sum of Squares2353605.9T

Western Income Before Tax History

20241.1 B
20231.1 B
20221.3 B
2021934.2 M
2020522.9 M
2019821.2 M
2018451.5 M

About Western Midstream Financial Statements

Western Midstream shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Western Midstream investors may analyze each financial statement separately, they are all interrelated. The changes in Western Midstream's assets and liabilities, for example, are also reflected in the revenues and expenses on on Western Midstream's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax1.1 B1.1 B

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Additional Tools for Western Stock Analysis

When running Western Midstream's price analysis, check to measure Western Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.