Hess Midstream LP (HESM)
NYSE: HESM · Real-Time Price · USD
38.09
-0.07 (-0.18%)
Jul 6, 2026, 3:37 PM EDT - Market open
Hess Midstream LP Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Mar '26 Mar 31, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
| 1,629 | 1,621 | 1,496 | 1,349 | 1,275 | 1,204 | |
Revenue Growth (YoY) | 7.06% | 8.41% | 10.89% | 5.76% | 5.93% | 10.25% |
Cost of Revenue | 370.6 | 370.6 | 347.3 | 313 | 279.6 | 288.3 |
Gross Profit | 1,259 | 1,251 | 1,148 | 1,036 | 995.6 | 915.5 |
Selling, General & Admin | 28.9 | 28.5 | 26.1 | 26.2 | 23.1 | 22.7 |
Depreciation & Amortization Expenses | 221.1 | 214.1 | 203.1 | 192.5 | 181.3 | 165.6 |
Total Operating Expenses | 250 | 242.6 | 229.2 | 218.7 | 204.4 | 188.3 |
Operating Income | 1,009 | 1,008 | 919 | 816.9 | 791.2 | 727.2 |
Interest Income | 15.7 | 15.9 | 14 | 7.7 | 5.3 | 10.6 |
Interest Expense | -224.6 | -225.6 | -202.2 | -179 | -149.3 | -105.4 |
Total Non-Operating Income (Expense) | -208.9 | -209.7 | -188.2 | -171.3 | -144 | -94.8 |
Pretax Income | 799.9 | 798.4 | 730.8 | 645.6 | 647.2 | 632.4 |
Provision for Income Taxes | 119 | 113.8 | 71.8 | 37.9 | 26.6 | 14.6 |
Net Income | 680.9 | 684.6 | 659 | 607.7 | 620.6 | 617.8 |
Minority Interest in Earnings | 312 | 331.7 | 435.9 | 489.1 | 536.7 | 571.4 |
Net Income to Common | 368.9 | 352.9 | 223.1 | 118.6 | 83.9 | 46.4 |
Net Income Growth | 47.50% | 58.18% | 88.11% | 41.36% | 80.82% | 93.33% |
Shares Outstanding (Basic) | 128 | 123 | 89 | 56 | 41 | 26 |
Shares Outstanding (Diluted) | 128 | 123 | 89 | 56 | 41 | 26 |
Shares Change (YoY) | 30.15% | 38.31% | 58.08% | 35.99% | 61.09% | 40.28% |
EPS (Basic) | 2.89 | 2.87 | 2.51 | 2.11 | 2.03 | 1.81 |
EPS (Diluted) | 2.89 | 2.86 | 2.49 | 2.08 | 2.01 | 1.76 |
EPS Growth | 13.33% | 14.86% | 19.71% | 3.48% | 14.21% | 34.35% |
Free Cash Flow | 795.8 | 728.2 | 634.2 | 642.9 | 622.9 | 632.3 |
Free Cash Flow Growth | 9.28% | 14.82% | -1.35% | 3.21% | -1.49% | 85.64% |
Free Cash Flow Per Share | 6.23 | 5.92 | 7.13 | 11.42 | 15.05 | 24.60 |
Dividends Per Share | 3.035 | 2.966 | 2.705 | 2.438 | 2.237 | 1.984 |
Dividend Growth | 2.34% | 9.63% | 10.96% | 8.97% | 12.78% | 12.97% |
Gross Margin | 77.26% | 77.14% | 76.78% | 76.79% | 78.07% | 76.05% |
Operating Margin | 61.91% | 62.18% | 61.45% | 60.57% | 62.05% | 60.41% |
Profit Margin | 41.79% | 42.23% | 44.07% | 45.06% | 48.67% | 51.32% |
FCF Margin | 48.84% | 44.91% | 42.41% | 47.67% | 48.85% | 52.53% |
EBITDA | 1,242 | 1,236 | 1,132 | 1,018 | 981.3 | 900.1 |
EBITDA Margin | 76.23% | 76.25% | 75.67% | 75.47% | 76.95% | 74.77% |
EBIT | 1,009 | 1,008 | 919 | 816.9 | 791.2 | 727.2 |
EBIT Margin | 61.91% | 62.18% | 61.45% | 60.57% | 62.05% | 60.41% |
Effective Tax Rate | 14.88% | 14.25% | 9.82% | 5.87% | 4.11% | 2.31% |