Hess Midstream LP (HESM)
NYSE: HESM · Real-Time Price · USD
30.32
-0.14 (-0.46%)
Nov 10, 2026, 11:28 AM EST - Market open
Hess Midstream LP Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
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 |
Net Income | 376.7 | 352.9 | 223.1 | 118.6 | 83.9 | 46.4 |
Depreciation & Amortization | 222.2 | 214.1 | 203.1 | 192.5 | 181.3 | 165.6 |
Other Amortization | 12.1 | 14.1 | 9.6 | 8.4 | 8.8 | 7.3 |
Loss (Gain) on Equity Investments | 4.2 | 5.5 | 3.2 | 3.7 | 7.7 | 6.8 |
Stock-Based Compensation | 0.6 | 1.6 | 1.8 | 1.7 | 1.6 | 1.4 |
Other Operating Activities | 423.3 | 445.4 | 507.5 | 527 | 563.3 | 586 |
Change in Accounts Receivable | -13.9 | -11.1 | -14.4 | -1 | -2.6 | -27 |
Change in Accounts Payable | -20.4 | -40.4 | 11.5 | 13.6 | 2.3 | 6.6 |
Change in Other Net Operating Assets | 40.6 | 1.7 | -5.1 | 1.9 | 14.8 | 2.4 |
Operating Cash Flow | 1,045 | 983.8 | 940.3 | 866.4 | 861.1 | 795.5 |
Operating Cash Flow Growth | 4.89% | 4.63% | 8.53% | 0.61% | 8.25% | 23.97% |
Investing Activities
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 |
Capital Expenditures | -144.3 | -255.6 | -306.1 | -223.5 | -238.2 | -163.2 |
Investing Cash Flow | -144.3 | -255.6 | -306.1 | -223.5 | -238.2 | -163.2 |
Financing Activities
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 |
Short-Term Debt Issued | - | 323 | - | 322 | - | - |
Long-Term Debt Issued | - | 800 | 600 | - | 420 | 750 |
Total Debt Issued | -18 | 1,123 | 600 | 322 | 420 | 750 |
Short-Term Debt Repaid | - | - | -325 | - | -86 | -80 |
Long-Term Debt Repaid | - | -822.5 | -12.5 | -2.5 | -10 | -10 |
Total Debt Repaid | -188 | -822.5 | -337.5 | -2.5 | -96 | -90 |
Net Debt Issued (Repaid) | -206 | 300.5 | 262.5 | 319.5 | 324 | 660 |
Repurchase of Common Stock | -60 | -400 | -300 | -400 | -400 | -750 |
Common Dividends Paid | -397.8 | -350.2 | -235.3 | -127.5 | -91 | -49.4 |
Other Financing Activities | -241.8 | -280.9 | -362.5 | -432.6 | -455 | -493.3 |
Financing Cash Flow | -905.6 | -730.6 | -635.3 | -640.6 | -622 | -632.7 |
Net Cash Flow
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 |
Net Cash Flow | -4.5 | -2.4 | -1.1 | 2.3 | 0.9 | -0.4 |
Free Cash Flow
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 |
Free Cash Flow | 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% |
Free Cash Flow Margin | 56.20% | 44.91% | 42.41% | 47.67% | 48.85% | 52.52% |
Free Cash Flow Per Share | 6.99 | 5.92 | 7.13 | 11.42 | 15.05 | 24.60 |
Levered Free Cash Flow | 552.59 | 409.76 | 341.8 | 416.29 | 362.49 | 403.53 |
Unlevered Free Cash Flow | 678.11 | 536.66 | 458.58 | 519.76 | 447 | 462.1 |
Additional Metrics
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 |
Cash Interest Paid | 214.2 | 214.2 | 191.6 | 170.6 | 136.8 | 84.5 |
Change in Working Capital | 6.3 | -49.8 | -8 | 14.5 | 14.5 | -18 |