Western Midstream Partners, LP
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|
| Revenue | $2.43B | $1.80B | $1.75B | $1.53B | $1.09B | $894.5M | $869.4M |
| Cost of Revenue | $908.7M | $494.2M | — | — | — | — | — |
| Gross Profit | $1.52B | $1.31B | — | — | — | — | — |
| Gross Margin | 62.6% | 72.6% | — | — | — | — | — |
| Operating Expenses | |||||||
| Research & Development | — | — | — | — | — | — | — |
| SG&A Expense | $53.9M | $49.2M | $44.4M | $41.8M | $35.1M | $99.7M | $40.6M |
| Operating Income | $801.7M | $704.5M | $154.2M | $551.5M | $323.5M | $194.3M | $245.3M |
| Operating Margin | 33.0% | 39.0% | 8.8% | 36.0% | 29.8% | 21.7% | 28.2% |
| Interest Expense | $142.5M | $116.6M | $113.9M | $76.8M | $51.8M | $42.1M | $30.3M |
| Pretax Income | $677.5M | $605.4M | $56.6M | $492.6M | $290.6M | $169.4M | $239.0M |
| Income Tax Expense | $-59.9M | $8.4M | $45.5M | $39.1M | $4.6M | $48.9M | $58.8M |
| Net Income | $540.8M | $345.8M | $165.5M | $288.0M | $163.8M | $61.4M | $94.2M |
| Net Margin | 22.3% | 19.2% | 9.4% | 18.8% | 15.1% | 6.9% | 10.8% |
| EPS (Basic) | — | — | — | — | — | — | — |
| EPS (Diluted) | — | — | — | — | — | — | — |
| Shares Outstanding (Basic) | 218.9M | 218.9M | 218.9M | 218.9M | — | — | — |
| Shares Outstanding (Diluted) | 218.9M | 218.9M | 218.9M | 218.9M | — | — | — |
| Dividends Per Share | — | — | — | — | — | — | — |