Hess Midstream LP (HESM)
NYSE: HESM · Real-Time Price · USD
30.22
-0.24 (-0.79%)
Nov 10, 2026, 11:15 AM EST - Market open
Hess Midstream LP Financials Overview
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 | Sep '26 Sep 30, 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 |
Revenue Revenue Growth | 1,603 | 1,621 | 1,496 | 1,349 | 1,275 | 1,204 |
Revenue Growth | -0.60% | 8.41% | 10.89% | 5.76% | 5.93% | 10.25% |
Gross Profit Gross Profit Growth | 1,253 | 1,251 | 1,148 | 1,036 | 995.6 | 915.5 |
Operating Income Operating Income Growth | 1,005 | 1,008 | 919 | 816.9 | 791.2 | 727.2 |
Net Income Net Income Growth | 376.7 | 352.9 | 223.1 | 118.6 | 83.9 | 46.4 |
Earnings Per Share EPS Growth | 2.92 | 2.86 | 2.49 | 2.08 | 2.01 | 1.76 |
EPS Growth | 3.97% | 14.86% | 19.71% | 3.48% | 14.21% | 34.35% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Gathering Gathering Growth | 849 | 870.6 | 799.1 | 730 | 677.9 | 630.6 |
Processing and Storage Processing and Storage Growth | 607.5 | 620 | 577.7 | 501.7 | 470.8 | 435.7 |
Terminaling and Export Terminaling and Export Growth | 146.9 | 130.7 | 118.7 | 116.9 | 126.5 | 137.5 |
Revenue (Total) Revenue (Total) Growth | 1,603 | 1,621 | 1,496 | 1,349 | 1,275 | 1,204 |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Cash & Investments Cash & Investments Growth | 1 | 1.9 | 4.3 | 5.4 | 3.1 | 2.2 |
Total Debt Total Debt Growth | 3,599 | 3,772 | 3,472 | 3,211 | 2,886 | 2,564 |
Net Cash (Debt) Net Cash Growth | -3,598 | -3,770 | -3,468 | -3,206 | -2,883 | -2,561 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share Net Cash Per Share Growth | -27.92 | -30.63 | -38.96 | -56.94 | -69.63 | -99.66 |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Operating Cash Flow Operating Cash Flow Growth | 1,045 | 983.8 | 940.3 | 866.4 | 861.1 | 795.5 |
Capital Expenditures CapEx Growth | -144.3 | -255.6 | -306.1 | -223.5 | -238.2 | -163.2 |
Free Cash Flow Free Cash Flow Growth | 901.1 | 728.2 | 634.2 | 642.9 | 622.9 | 632.3 |
Free Cash Flow Growth | 26.43% | 14.82% | -1.35% | 3.21% | -1.49% | 85.64% |
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Sep '26 Sep 30, 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 |
Gross Margin | 78.11% | 77.14% | 76.78% | 76.79% | 78.07% | 76.05% |
Operating Margin | 62.70% | 62.18% | 61.45% | 60.57% | 62.04% | 60.41% |
Pretax Margin | 49.90% | 49.24% | 48.87% | 47.87% | 50.75% | 52.53% |
Profit Margin | 23.49% | 21.77% | 14.92% | 8.79% | 6.58% | 3.85% |
FCF Margin | 56.20% | 44.91% | 42.41% | 47.67% | 48.85% | 52.52% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 10, 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 |
Dividend Per Share Dividend Per Share Growth | 3.194 | 2.966 | 2.705 | 2.438 | 2.237 | 1.984 |
Dividend Per Share Growth | 7.85% | 9.63% | 10.96% | 8.97% | 12.78% | 12.97% |
Dividend Yield | 10.62% | 8.60% | 7.31% | 7.71% | 7.48% | 7.18% |
Fiscal Year | Current | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
| Period Ending | Nov '26 Nov 10, 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 |
PE Ratio | 10.36 | 12.65 | 17.27 | 18.23 | 15.69 | 20.05 |
Forward PE | 10.09 | 12.21 | 12.35 | 11.65 | 12.63 | 8.85 |
P/FCF Ratio | 6.97 | 6.13 | 6.08 | 3.36 | 2.11 | 1.47 |
PS Ratio | 3.92 | 2.75 | 2.58 | 1.60 | 1.03 | 0.77 |