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Side-by-side financial comparison of ENTEGRIS INC (ENTG) and Western Midstream Partners, LP (WES). Click either name above to swap in a different company.

Western Midstream Partners, LP is the larger business by last-quarter revenue ($1.0B vs $823.9M, roughly 1.3× ENTEGRIS INC). Western Midstream Partners, LP runs the higher net margin — 18.5% vs 6.0%, a 12.5% gap on every dollar of revenue. On growth, Western Midstream Partners, LP posted the faster year-over-year revenue change (11.0% vs -3.1%). Western Midstream Partners, LP produced more free cash flow last quarter ($335.4M vs $134.0M). Over the past eight quarters, Western Midstream Partners, LP's revenue compounded faster (7.8% CAGR vs 3.4%).

Entegris, Inc. is a supplier of materials for the semiconductor and other high-tech industries. Entegris has approximately 8,000 employees throughout its global operations. It has manufacturing, customer service and/or research facilities in the United States, Canada, China, Germany, Israel, Japan, Malaysia, Singapore, South Korea, and Taiwan. The company’s corporate headquarters are in Billerica, Massachusetts.

Sunoco LP is an American vehicle gasoline master limited partnership company organized under Delaware state law and headquartered in Dallas, Texas. Dating back to 1886, the company has transformed from a vertically integrated energy company to a distributor of fuels and operator of energy infrastructure. It was previously engaged in oil, natural gas exploration and production, refining, chemical manufacturing, and retail fuel sales, but divested these businesses.

ENTG vs WES — Head-to-Head

Bigger by revenue
WES
WES
1.3× larger
WES
$1.0B
$823.9M
ENTG
Growing faster (revenue YoY)
WES
WES
+14.0% gap
WES
11.0%
-3.1%
ENTG
Higher net margin
WES
WES
12.5% more per $
WES
18.5%
6.0%
ENTG
More free cash flow
WES
WES
$201.4M more FCF
WES
$335.4M
$134.0M
ENTG
Faster 2-yr revenue CAGR
WES
WES
Annualised
WES
7.8%
3.4%
ENTG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
ENTG
ENTG
WES
WES
Revenue
$823.9M
$1.0B
Net Profit
$49.4M
$190.7M
Gross Margin
43.8%
Operating Margin
12.7%
29.7%
Net Margin
6.0%
18.5%
Revenue YoY
-3.1%
11.0%
Net Profit YoY
-51.7%
-42.8%
EPS (diluted)
$0.33

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ENTG
ENTG
WES
WES
Q4 25
$823.9M
$1.0B
Q3 25
$807.1M
$952.3M
Q2 25
$792.4M
$942.1M
Q1 25
$773.2M
$916.9M
Q4 24
$849.8M
$928.4M
Q3 24
$807.7M
$883.1M
Q2 24
$812.7M
$905.4M
Q1 24
$771.0M
$887.3M
Net Profit
ENTG
ENTG
WES
WES
Q4 25
$49.4M
$190.7M
Q3 25
$70.5M
$339.6M
Q2 25
$52.8M
$341.7M
Q1 25
$62.9M
$309.0M
Q4 24
$102.2M
$333.6M
Q3 24
$77.6M
$288.5M
Q2 24
$67.7M
$378.6M
Q1 24
$45.3M
$572.8M
Gross Margin
ENTG
ENTG
WES
WES
Q4 25
43.8%
Q3 25
43.5%
Q2 25
44.4%
Q1 25
46.1%
Q4 24
45.6%
Q3 24
46.0%
Q2 24
46.2%
Q1 24
45.6%
Operating Margin
ENTG
ENTG
WES
WES
Q4 25
12.7%
29.7%
Q3 25
15.2%
46.4%
Q2 25
13.4%
47.2%
Q1 25
15.8%
44.7%
Q4 24
17.6%
45.9%
Q3 24
16.9%
44.8%
Q2 24
16.0%
51.9%
Q1 24
15.3%
76.6%
Net Margin
ENTG
ENTG
WES
WES
Q4 25
6.0%
18.5%
Q3 25
8.7%
35.7%
Q2 25
6.7%
36.3%
Q1 25
8.1%
33.7%
Q4 24
12.0%
35.9%
Q3 24
9.6%
32.7%
Q2 24
8.3%
41.8%
Q1 24
5.9%
64.6%
EPS (diluted)
ENTG
ENTG
WES
WES
Q4 25
$0.33
Q3 25
$0.46
Q2 25
$0.35
Q1 25
$0.41
Q4 24
$0.67
Q3 24
$0.51
Q2 24
$0.45
Q1 24
$0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ENTG
ENTG
WES
WES
Cash + ST InvestmentsLiquidity on hand
$360.4M
$819.5M
Total DebtLower is stronger
$3.7B
$8.2B
Stockholders' EquityBook value
$4.0B
Total Assets
$8.4B
$15.0B
Debt / EquityLower = less leverage
0.94×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ENTG
ENTG
WES
WES
Q4 25
$360.4M
$819.5M
Q3 25
$399.8M
$177.3M
Q2 25
$376.8M
$129.7M
Q1 25
$340.9M
$448.4M
Q4 24
$329.2M
$1.1B
Q3 24
$432.1M
$1.1B
Q2 24
$320.0M
$344.1M
Q1 24
$340.7M
$295.2M
Total Debt
ENTG
ENTG
WES
WES
Q4 25
$3.7B
$8.2B
Q3 25
$3.8B
$6.9B
Q2 25
$4.0B
$6.9B
Q1 25
$4.0B
$6.9B
Q4 24
$4.0B
$6.9B
Q3 24
$4.1B
$6.9B
Q2 24
$4.1B
$7.1B
Q1 24
$4.2B
$7.3B
Stockholders' Equity
ENTG
ENTG
WES
WES
Q4 25
$4.0B
Q3 25
$3.9B
Q2 25
$3.8B
Q1 25
$3.7B
Q4 24
$3.7B
Q3 24
$3.6B
Q2 24
$3.5B
Q1 24
$3.4B
Total Assets
ENTG
ENTG
WES
WES
Q4 25
$8.4B
$15.0B
Q3 25
$8.4B
$12.1B
Q2 25
$8.4B
$12.2B
Q1 25
$8.4B
$12.5B
Q4 24
$8.4B
$13.1B
Q3 24
$8.5B
$13.0B
Q2 24
$8.3B
$12.2B
Q1 24
$8.4B
$12.3B
Debt / Equity
ENTG
ENTG
WES
WES
Q4 25
0.94×
Q3 25
0.99×
Q2 25
1.05×
Q1 25
1.06×
Q4 24
1.08×
Q3 24
1.15×
Q2 24
1.18×
Q1 24
1.22×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ENTG
ENTG
WES
WES
Operating Cash FlowLast quarter
$192.0M
$557.6M
Free Cash FlowOCF − Capex
$134.0M
$335.4M
FCF MarginFCF / Revenue
16.3%
32.6%
Capex IntensityCapex / Revenue
7.0%
21.6%
Cash ConversionOCF / Net Profit
3.89×
2.92×
TTM Free Cash FlowTrailing 4 quarters
$396.2M
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ENTG
ENTG
WES
WES
Q4 25
$192.0M
$557.6M
Q3 25
$249.5M
$570.2M
Q2 25
$113.5M
$564.0M
Q1 25
$140.4M
$530.8M
Q4 24
$176.1M
$554.4M
Q3 24
$197.2M
$551.3M
Q2 24
$111.2M
$631.4M
Q1 24
$147.2M
$399.7M
Free Cash Flow
ENTG
ENTG
WES
WES
Q4 25
$134.0M
$335.4M
Q3 25
$182.8M
$385.5M
Q2 25
$47.0M
$385.4M
Q1 25
$32.4M
$388.4M
Q4 24
$68.6M
$315.7M
Q3 24
$115.0M
$361.9M
Q2 24
$51.9M
$419.6M
Q1 24
$80.6M
$205.9M
FCF Margin
ENTG
ENTG
WES
WES
Q4 25
16.3%
32.6%
Q3 25
22.6%
40.5%
Q2 25
5.9%
40.9%
Q1 25
4.2%
42.4%
Q4 24
8.1%
34.0%
Q3 24
14.2%
41.0%
Q2 24
6.4%
46.3%
Q1 24
10.4%
23.2%
Capex Intensity
ENTG
ENTG
WES
WES
Q4 25
7.0%
21.6%
Q3 25
8.3%
19.4%
Q2 25
8.4%
19.0%
Q1 25
14.0%
15.5%
Q4 24
12.7%
25.7%
Q3 24
10.2%
21.5%
Q2 24
7.3%
23.4%
Q1 24
8.6%
21.8%
Cash Conversion
ENTG
ENTG
WES
WES
Q4 25
3.89×
2.92×
Q3 25
3.54×
1.68×
Q2 25
2.15×
1.65×
Q1 25
2.23×
1.72×
Q4 24
1.72×
1.66×
Q3 24
2.54×
1.91×
Q2 24
1.64×
1.67×
Q1 24
3.25×
0.70×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ENTG
ENTG

Fabs$516.3M63%
Equipment And Engineering$121.8M15%
Chemical And Materials$83.8M10%
Other$61.7M7%
Non Semi$40.3M5%

WES
WES

Segment breakdown not available.

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