财务摘要（报告期）（Western Midstream Partners LP）
| 2026年中报 | 2026年一季报 | 2025年年报 | 2025年三季报 | 2025年中报 | 2025年一季报 | 2024年年报 | 2024年三季报 | 2024年中报 | 2024年一季报 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 每股指标： | ||||||||||
| 每股收益EPS基本(元) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 1.67 | 0.79 | 4.04 | 3.18 | 2.44 | 1.47 |
| 每股净资产(元) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 8.36 | 8.37 | 8.50 | 8.51 | 8.63 | 8.51 |
| 每股经营现金净流量(元) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 2.87 | 1.39 | 5.62 | 4.16 | 2.71 | 1.05 |
| 每股现金流量净额(元) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | -2.52 | -1.68 | 2.15 | 2.24 | 0.19 | 0.06 |
| 每股营业收入(元) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 4.88 | 2.41 | 9.47 | 7.03 | 4.71 | 2.33 |
| 盈利能力： | ||||||||||
| 销售毛利率(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 95.47 | 95.48 | 95.22 | 95.03 | 94.42 | 94.81 |
| 销售净利率(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 35.89 | 34.52 | 44.69 | 47.43 | 54.30 | 66.04 |
| 净资产收益率平均(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 20.26 | 9.61 | 51.31 | 40.43 | 30.79 | 18.68 |
| 总资产净利率(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 5.14 | 2.41 | 12.29 | 9.74 | 7.72 | 4.63 |
| 投入资本回报率ROIC(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 5.47 | 2.60 | 13.12 | 10.43 | 8.01 | 4.79 |
| 收益质量： | ||||||||||
| 营业利润／利润总额(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 126.94 | 128.07 | 120.95 | 120.01 | 117.73 | 115.59 |
| 税项／利润总额(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 0.84 | 1.07 | 1.11 | 1.37 | 0.23 | 0.26 |
| 经营活动产生的现金流量净额／营业收入(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 58.88 | 57.88 | 59.27 | 59.12 | 57.50 | 45.03 |
| 资本结构： | ||||||||||
| 资产负债率(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 72.59 | 73.24 | 74.32 | 73.98 | 71.89 | 72.47 |
| 权益乘数 | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 3.65 | 3.74 | 3.89 | 3.84 | 3.56 | 3.63 |
| 产权比率 | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 2.77 | 2.86 | 3.02 | 2.97 | 2.67 | 2.75 |
| 流动资产／总资产(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 7.44 | 9.55 | 14.05 | 14.12 | 8.77 | 8.69 |
| 非流动资产／总资产(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 92.56 | 90.45 | 85.95 | 85.88 | 91.23 | 91.31 |
| 流动负债／负债合计(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 7.87 | 11.08 | 17.32 | 17.14 | 7.24 | 7.97 |
| 非流动负债／负债合计(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 92.13 | 88.92 | 82.68 | 82.86 | 92.76 | 92.03 |
| 归属母公司股东的权益／投入资本(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 26.83 | 26.91 | 27.16 | 27.63 | 28.07 | 27.36 |
| 偿债能力： | ||||||||||
| 流动比率 | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 1.30 | 1.18 | 1.09 | 1.11 | 1.68 | 1.51 |
| 速动比率 | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 1.30 | 1.18 | 1.09 | 1.11 | 1.68 | 1.51 |
| 货币资金／流动负债(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 18.67 | 44.36 | 64.46 | 68.32 | 54.27 | 41.69 |
| 营业利润／流动负债(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 122.95 | 40.54 | 116.49 | 93.85 | 181.22 | 95.94 |
| 经营活动产生的现金流量净额／流动负债(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 157.57 | 52.51 | 126.31 | 96.13 | 162.61 | 56.44 |
| 归属母公司股东的权益／负债合计(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 36.13 | 35.00 | 33.12 | 33.70 | 37.49 | 36.41 |
| 经营活动产生的现金流量净额／负债合计(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 12.40 | 5.82 | 21.87 | 16.48 | 11.78 | 4.50 |
| 营业利润／负债合计(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 9.68 | 4.49 | 20.17 | 16.09 | 13.12 | 7.64 |
| 成长能力： | ||||||||||
| 总资产同比增长率(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | -0.17 | 1.56 | 5.40 | 11.65 | 8.57 | 10.38 |
| 每股净资产同比增长率(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | -3.08 | -1.56 | 11.37 | 14.32 | 14.87 | 10.28 |
| 总负债同比增长率(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 0.79 | 2.63 | 3.46 | 10.75 | 6.83 | 10.96 |
| 基本每股收益同比增长率(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | -31.56 | -46.26 | 54.79 | 70.05 | 110.34 | 182.69 |
| 归属母公司股东的权益同比增长率(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | -2.87 | -1.34 | 11.67 | 14.63 | 13.64 | 9.10 |
| 营业利润同比增长率(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | -25.66 | -39.68 | 42.85 | 56.43 | 83.31 | 134.10 |
| 营业收入同比增长率(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 3.68 | 3.31 | 16.06 | 19.06 | 21.81 | 20.95 |
| 股东权益合计同比增长率(%) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | -2.65 | -1.27 | 11.42 | 14.29 | 13.30 | 8.86 |
| 营运能力： | ||||||||||
| 流动资产周转率次(次) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 1.35 | 0.60 | 2.54 | 1.89 | 1.74 | 0.86 |
| 固定资产周转率次(次) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 0.12 | 0.06 | 0.46 | - | - | - |
| 总资产周转率次(次) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 0.15 | 0.07 | 0.28 | 0.21 | 0.15 | 0.07 |
| 衍生指标： | ||||||||||
| 现金及现金等价物净增加额TTM(元) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | -214,387,000.00 | 153,201,000.00 | 817,677,000.00 | 635,243,000.00 | 130,166,000.00 | 182,601,000.00 |
| 利润总额TTM(元) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 1,326,294,000.00 | 1,361,612,000.00 | 1,629,363,000.00 | 1,584,496,000.00 | 1,558,517,000.00 | 1,430,373,000.00 |
| 毛利TTM(元) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 3,514,968,000.00 | 3,466,946,000.00 | 3,432,972,000.00 | 3,361,189,000.00 | 3,259,097,000.00 | 3,101,005,000.00 |
| 投入资本(元) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 11,885,322,000.00 | 11,868,269,000.00 | 11,914,756,000.00 | 11,715,797,000.00 | 11,695,598,000.00 | 11,830,808,000.00 |
| 经营活动产生的现金流量净额TTM(元) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 2,200,504,000.00 | 2,267,945,000.00 | 2,136,860,000.00 | 2,055,714,000.00 | 1,899,213,000.00 | 1,758,618,000.00 |
| 总营业收入TTM(元) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 3,671,303,000.00 | 3,634,610,000.00 | 3,605,223,000.00 | 3,534,928,000.00 | 3,427,579,000.00 | 3,260,223,000.00 |
| 归属母公司净利润TTM(元) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 1,272,780,000.00 | 1,309,748,000.00 | 1,573,571,000.00 | 1,528,312,000.00 | 1,517,128,000.00 | 1,391,401,000.00 |
| 所得税TTM(元) | 会员可见 | 会员可见 | 会员可见 | 会员可见 | 21,508,000.00 | 20,024,000.00 | 18,111,000.00 | 19,072,000.00 | 4,587,000.00 | 4,491,000.00 |