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

INSPERITY, INC. is the larger business by last-quarter revenue ($1.7B vs $1.0B, roughly 1.6× Western Midstream Partners, LP). On growth, Western Midstream Partners, LP posted the faster year-over-year revenue change (11.0% vs 3.4%). Western Midstream Partners, LP produced more free cash flow last quarter ($335.4M vs $246.0M). Over the past eight quarters, Western Midstream Partners, LP's revenue compounded faster (7.8% CAGR vs -3.8%).

Insperity, Inc., previously known as Administaff, Inc., is a professional employer organization (PEO) headquartered in Kingwood, an area of Houston, Texas, USA. Insperity provides human resources and administrative services to small and medium-sized businesses. Since 2004, the company has been title sponsor of a professional golf tournament on the Champions Tour, previously known as the Administaff Small Business Classic.

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.

NSP vs WES — Head-to-Head

Bigger by revenue
NSP
NSP
1.6× larger
NSP
$1.7B
$1.0B
WES
Growing faster (revenue YoY)
WES
WES
+7.6% gap
WES
11.0%
3.4%
NSP
More free cash flow
WES
WES
$89.4M more FCF
WES
$335.4M
$246.0M
NSP
Faster 2-yr revenue CAGR
WES
WES
Annualised
WES
7.8%
-3.8%
NSP

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NSP
NSP
WES
WES
Revenue
$1.7B
$1.0B
Net Profit
$190.7M
Gross Margin
10.3%
Operating Margin
-2.8%
29.7%
Net Margin
18.5%
Revenue YoY
3.4%
11.0%
Net Profit YoY
-42.8%
EPS (diluted)
$-0.87

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
NSP
NSP
WES
WES
Q4 25
$1.7B
$1.0B
Q3 25
$1.6B
$952.3M
Q2 25
$1.7B
$942.1M
Q1 25
$1.9B
$916.9M
Q4 24
$1.6B
$928.4M
Q3 24
$1.6B
$883.1M
Q2 24
$1.6B
$905.4M
Q1 24
$1.8B
$887.3M
Net Profit
NSP
NSP
WES
WES
Q4 25
$190.7M
Q3 25
$-20.0M
$339.6M
Q2 25
$-5.0M
$341.7M
Q1 25
$51.0M
$309.0M
Q4 24
$333.6M
Q3 24
$3.0M
$288.5M
Q2 24
$18.0M
$378.6M
Q1 24
$79.0M
$572.8M
Gross Margin
NSP
NSP
WES
WES
Q4 25
10.3%
Q3 25
12.0%
Q2 25
13.4%
Q1 25
16.6%
Q4 24
13.5%
Q3 24
14.7%
Q2 24
16.2%
Q1 24
19.1%
Operating Margin
NSP
NSP
WES
WES
Q4 25
-2.8%
29.7%
Q3 25
-1.5%
46.4%
Q2 25
-0.4%
47.2%
Q1 25
3.7%
44.7%
Q4 24
-0.9%
45.9%
Q3 24
0.1%
44.8%
Q2 24
1.4%
51.9%
Q1 24
6.0%
76.6%
Net Margin
NSP
NSP
WES
WES
Q4 25
18.5%
Q3 25
-1.2%
35.7%
Q2 25
-0.3%
36.3%
Q1 25
2.7%
33.7%
Q4 24
35.9%
Q3 24
0.2%
32.7%
Q2 24
1.1%
41.8%
Q1 24
4.4%
64.6%
EPS (diluted)
NSP
NSP
WES
WES
Q4 25
$-0.87
Q3 25
$-0.53
Q2 25
$-0.14
Q1 25
$1.35
Q4 24
$-0.21
Q3 24
$0.07
Q2 24
$0.48
Q1 24
$2.08

Balance Sheet & Financial Strength

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

Metric
NSP
NSP
WES
WES
Cash + ST InvestmentsLiquidity on hand
$682.0M
$819.5M
Total DebtLower is stronger
$8.2B
Stockholders' EquityBook value
$46.0M
Total Assets
$2.2B
$15.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NSP
NSP
WES
WES
Q4 25
$682.0M
$819.5M
Q3 25
$521.0M
$177.3M
Q2 25
$511.0M
$129.7M
Q1 25
$684.0M
$448.4M
Q4 24
$1.2B
$1.1B
Q3 24
$596.0M
$1.1B
Q2 24
$850.0M
$344.1M
Q1 24
$801.0M
$295.2M
Total Debt
NSP
NSP
WES
WES
Q4 25
$8.2B
Q3 25
$6.9B
Q2 25
$6.9B
Q1 25
$6.9B
Q4 24
$6.9B
Q3 24
$6.9B
Q2 24
$7.1B
Q1 24
$7.3B
Stockholders' Equity
NSP
NSP
WES
WES
Q4 25
$46.0M
Q3 25
$87.0M
Q2 25
$112.0M
Q1 25
$119.0M
Q4 24
$97.0M
Q3 24
$125.0M
Q2 24
$142.0M
Q1 24
$140.0M
Total Assets
NSP
NSP
WES
WES
Q4 25
$2.2B
$15.0B
Q3 25
$2.0B
$12.1B
Q2 25
$2.0B
$12.2B
Q1 25
$2.1B
$12.5B
Q4 24
$2.6B
$13.1B
Q3 24
$1.9B
$13.0B
Q2 24
$2.1B
$12.2B
Q1 24
$2.1B
$12.3B

Cash Flow & Capital Efficiency

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

Metric
NSP
NSP
WES
WES
Operating Cash FlowLast quarter
$255.0M
$557.6M
Free Cash FlowOCF − Capex
$246.0M
$335.4M
FCF MarginFCF / Revenue
14.7%
32.6%
Capex IntensityCapex / Revenue
0.5%
21.6%
Cash ConversionOCF / Net Profit
2.92×
TTM Free Cash FlowTrailing 4 quarters
$-309.0M
$1.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NSP
NSP
WES
WES
Q4 25
$255.0M
$557.6M
Q3 25
$-11.0M
$570.2M
Q2 25
$-79.0M
$564.0M
Q1 25
$-443.0M
$530.8M
Q4 24
$619.0M
$554.4M
Q3 24
$-150.0M
$551.3M
Q2 24
$20.0M
$631.4M
Q1 24
$31.0M
$399.7M
Free Cash Flow
NSP
NSP
WES
WES
Q4 25
$246.0M
$335.4M
Q3 25
$-20.0M
$385.5M
Q2 25
$-86.0M
$385.4M
Q1 25
$-449.0M
$388.4M
Q4 24
$606.0M
$315.7M
Q3 24
$-164.0M
$361.9M
Q2 24
$14.0M
$419.6M
Q1 24
$26.0M
$205.9M
FCF Margin
NSP
NSP
WES
WES
Q4 25
14.7%
32.6%
Q3 25
-1.2%
40.5%
Q2 25
-5.2%
40.9%
Q1 25
-24.1%
42.4%
Q4 24
37.6%
34.0%
Q3 24
-10.5%
41.0%
Q2 24
0.9%
46.3%
Q1 24
1.4%
23.2%
Capex Intensity
NSP
NSP
WES
WES
Q4 25
0.5%
21.6%
Q3 25
0.6%
19.4%
Q2 25
0.4%
19.0%
Q1 25
0.3%
15.5%
Q4 24
0.8%
25.7%
Q3 24
0.9%
21.5%
Q2 24
0.4%
23.4%
Q1 24
0.3%
21.8%
Cash Conversion
NSP
NSP
WES
WES
Q4 25
2.92×
Q3 25
1.68×
Q2 25
1.65×
Q1 25
-8.69×
1.72×
Q4 24
1.66×
Q3 24
-50.00×
1.91×
Q2 24
1.11×
1.67×
Q1 24
0.39×
0.70×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NSP
NSP

Northeast$455.0M27%
West$339.0M20%
Southwest$317.0M19%
Central$299.0M18%
Southeast$241.0M14%
Other Revenues$17.0M1%

WES
WES

Segment breakdown not available.

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