Hess Midstream LP Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Operating Revenue	1,617	1,492	1,346	1,273	1,204
Other Revenue	4.1	3.6	2.5	2	-
Revenue	1,621	1,496	1,349	1,275	1,204
Revenue Growth (YoY)	8.41%	10.89%	5.76%	5.93%	10.25%
Cost of Revenue	370.6	347.3	313	279.6	288.3
Gross Profit	1,251	1,148	1,036	995.6	915.5
Selling, General & Admin	28.5	26.1	26.2	23.1	22.7
Operating Expenses	242.6	229.2	218.7	204.4	188.3
Operating Income	1,008	919	816.9	791.2	727.2
Interest Expense	-225.6	-202.2	-179	-149.3	-105.4
Earnings From Equity Investments	15.9	14	7.7	5.3	10.6
EBT Excluding Unusual Items	798.4	730.8	645.6	647.2	632.4
Pretax Income	798.4	730.8	645.6	647.2	632.4
Income Tax Expense	113.8	71.8	37.9	26.6	14.6
Earnings From Continuing Operations	684.6	659	607.7	620.6	617.8
Minority Interest in Earnings	-331.7	-435.9	-489.1	-536.7	-571.4
Net Income	352.9	223.1	118.6	83.9	46.4
Net Income to Common	352.9	223.1	118.6	83.9	46.4
Net Income Growth	58.18%	88.11%	41.36%	80.82%	93.33%
Shares Outstanding (Basic)	123	89	56	41	26
Shares Outstanding (Diluted)	123	89	56	41	26
Shares Change (YoY)	38.31%	58.08%	35.99%	61.09%	41.99%
EPS (Basic)	2.87	2.51	2.11	2.03	1.81
EPS (Diluted)	2.86	2.49	2.08	2.01	1.76
EPS Growth	14.86%	19.71%	3.48%	14.21%	34.35%
Free Cash Flow	-	634.2	642.9	622.9	632.3
Free Cash Flow Per Share	-	7.13	11.42	15.05	24.60
Dividend Per Share	2.966	2.705	2.438	2.237	1.984
Dividend Growth	9.63%	10.96%	8.97%	12.78%	12.97%
Gross Margin	77.14%	76.78%	76.79%	78.07%	76.05%
Operating Margin	62.18%	61.45%	60.57%	62.04%	60.41%
Profit Margin	21.77%	14.92%	8.79%	6.58%	3.85%
Free Cash Flow Margin	-	42.41%	47.67%	48.85%	52.52%
EBITDA	1,221	1,122	1,009	972.5	892.8
EBITDA Margin	75.33%	75.03%	74.85%	76.26%	74.17%
D&A For EBITDA	213.2	203.1	192.5	181.3	165.6
EBIT	1,008	919	816.9	791.2	727.2
EBIT Margin	62.18%	61.45%	60.57%	62.04%	60.41%
Effective Tax Rate	14.25%	9.83%	5.87%	4.11%	2.31%
Revenue as Reported	1,621	1,496	1,349	1,275	1,204

Updated Feb 2, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q