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

Masco is the larger business by last-quarter revenue ($1.9B vs $1.0B, roughly 1.9× Western Midstream Partners, LP). Western Midstream Partners, LP runs the higher net margin — 18.5% vs 11.9%, a 6.6% gap on every dollar of revenue. On growth, Western Midstream Partners, LP posted the faster year-over-year revenue change (11.0% vs 6.5%). Over the past eight quarters, Western Midstream Partners, LP's revenue compounded faster (7.8% CAGR vs -4.2%).

Masco Corporation is an American manufacturer of products for the home improvement and new home construction markets. Comprising more than 20 companies, the Masco conglomerate operates nearly 60 manufacturing facilities in the United States and over 20 in other parts of the world. Since 1969 it trades on the NYSE. Under the leadership of Richard Manoogian, the company grew exponentially and subsequently joined the Fortune 500 list of largest U.S. corporations.

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.

MAS vs WES — Head-to-Head

Bigger by revenue
MAS
MAS
1.9× larger
MAS
$1.9B
$1.0B
WES
Growing faster (revenue YoY)
WES
WES
+4.5% gap
WES
11.0%
6.5%
MAS
Higher net margin
WES
WES
6.6% more per $
WES
18.5%
11.9%
MAS
Faster 2-yr revenue CAGR
WES
WES
Annualised
WES
7.8%
-4.2%
MAS

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
MAS
MAS
WES
WES
Revenue
$1.9B
$1.0B
Net Profit
$228.0M
$190.7M
Gross Margin
35.8%
Operating Margin
16.5%
29.7%
Net Margin
11.9%
18.5%
Revenue YoY
6.5%
11.0%
Net Profit YoY
14.5%
-42.8%
EPS (diluted)

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
MAS
MAS
WES
WES
Q1 26
$1.9B
Q4 25
$1.8B
$1.0B
Q3 25
$1.9B
$952.3M
Q2 25
$2.1B
$942.1M
Q1 25
$1.8B
$916.9M
Q4 24
$1.8B
$928.4M
Q3 24
$2.0B
$883.1M
Q2 24
$2.1B
$905.4M
Net Profit
MAS
MAS
WES
WES
Q1 26
$228.0M
Q4 25
$165.0M
$190.7M
Q3 25
$189.0M
$339.6M
Q2 25
$270.0M
$341.7M
Q1 25
$186.0M
$309.0M
Q4 24
$182.0M
$333.6M
Q3 24
$167.0M
$288.5M
Q2 24
$258.0M
$378.6M
Gross Margin
MAS
MAS
WES
WES
Q1 26
35.8%
Q4 25
33.9%
Q3 25
34.2%
Q2 25
37.6%
Q1 25
35.8%
Q4 24
34.8%
Q3 24
36.6%
Q2 24
37.5%
Operating Margin
MAS
MAS
WES
WES
Q1 26
16.5%
Q4 25
13.8%
29.7%
Q3 25
15.8%
46.4%
Q2 25
20.1%
47.2%
Q1 25
15.9%
44.7%
Q4 24
15.9%
45.9%
Q3 24
18.0%
44.8%
Q2 24
19.0%
51.9%
Net Margin
MAS
MAS
WES
WES
Q1 26
11.9%
Q4 25
9.2%
18.5%
Q3 25
9.9%
35.7%
Q2 25
13.2%
36.3%
Q1 25
10.3%
33.7%
Q4 24
10.0%
35.9%
Q3 24
8.4%
32.7%
Q2 24
12.3%
41.8%
EPS (diluted)
MAS
MAS
WES
WES
Q1 26
Q4 25
$0.81
Q3 25
$0.90
Q2 25
$1.28
Q1 25
$0.87
Q4 24
$0.85
Q3 24
$0.77
Q2 24
$1.17

Balance Sheet & Financial Strength

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

Metric
MAS
MAS
WES
WES
Cash + ST InvestmentsLiquidity on hand
$819.5M
Total DebtLower is stronger
$2.9B
$8.2B
Stockholders' EquityBook value
$27.0M
Total Assets
$5.2B
$15.0B
Debt / EquityLower = less leverage
109.07×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
MAS
MAS
WES
WES
Q1 26
Q4 25
$647.0M
$819.5M
Q3 25
$559.0M
$177.3M
Q2 25
$390.0M
$129.7M
Q1 25
$377.0M
$448.4M
Q4 24
$634.0M
$1.1B
Q3 24
$646.0M
$1.1B
Q2 24
$398.0M
$344.1M
Total Debt
MAS
MAS
WES
WES
Q1 26
$2.9B
Q4 25
$2.9B
$8.2B
Q3 25
$6.9B
Q2 25
$6.9B
Q1 25
$6.9B
Q4 24
$2.9B
$6.9B
Q3 24
$6.9B
Q2 24
$7.1B
Stockholders' Equity
MAS
MAS
WES
WES
Q1 26
$27.0M
Q4 25
$-185.0M
Q3 25
$-78.0M
Q2 25
$-84.0M
Q1 25
$-254.0M
Q4 24
$-279.0M
Q3 24
$-88.0M
Q2 24
$-26.0M
Total Assets
MAS
MAS
WES
WES
Q1 26
$5.2B
Q4 25
$5.2B
$15.0B
Q3 25
$5.3B
$12.1B
Q2 25
$5.3B
$12.2B
Q1 25
$5.1B
$12.5B
Q4 24
$5.0B
$13.1B
Q3 24
$5.3B
$13.0B
Q2 24
$5.4B
$12.2B
Debt / Equity
MAS
MAS
WES
WES
Q1 26
109.07×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
MAS
MAS
WES
WES
Operating Cash FlowLast quarter
$557.6M
Free Cash FlowOCF − Capex
$335.4M
FCF MarginFCF / Revenue
32.6%
Capex IntensityCapex / Revenue
1.8%
21.6%
Cash ConversionOCF / Net Profit
2.92×
TTM Free Cash FlowTrailing 4 quarters
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
MAS
MAS
WES
WES
Q1 26
Q4 25
$418.0M
$557.6M
Q3 25
$456.0M
$570.2M
Q2 25
$306.0M
$564.0M
Q1 25
$-158.0M
$530.8M
Q4 24
$407.0M
$554.4M
Q3 24
$416.0M
$551.3M
Q2 24
$346.0M
$631.4M
Free Cash Flow
MAS
MAS
WES
WES
Q1 26
Q4 25
$371.0M
$335.4M
Q3 25
$415.0M
$385.5M
Q2 25
$270.0M
$385.4M
Q1 25
$-190.0M
$388.4M
Q4 24
$351.0M
$315.7M
Q3 24
$378.0M
$361.9M
Q2 24
$303.0M
$419.6M
FCF Margin
MAS
MAS
WES
WES
Q1 26
Q4 25
20.7%
32.6%
Q3 25
21.6%
40.5%
Q2 25
13.2%
40.9%
Q1 25
-10.5%
42.4%
Q4 24
19.2%
34.0%
Q3 24
19.1%
41.0%
Q2 24
14.5%
46.3%
Capex Intensity
MAS
MAS
WES
WES
Q1 26
1.8%
Q4 25
2.6%
21.6%
Q3 25
2.1%
19.4%
Q2 25
1.8%
19.0%
Q1 25
1.8%
15.5%
Q4 24
3.1%
25.7%
Q3 24
1.9%
21.5%
Q2 24
2.1%
23.4%
Cash Conversion
MAS
MAS
WES
WES
Q1 26
Q4 25
2.53×
2.92×
Q3 25
2.41×
1.68×
Q2 25
1.13×
1.65×
Q1 25
-0.85×
1.72×
Q4 24
2.24×
1.66×
Q3 24
2.49×
1.91×
Q2 24
1.34×
1.67×

Financial Flow Comparison

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

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