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
Revenue	1,629	1,621	1,496	1,349	1,275	1,204
Revenue Growth	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	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%

Additional Metrics

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
Free Cash Flow	795.8	728.2	634.2	642.9	622.9	632.3
Free Cash Flow Growth	20.47%	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	9.84%	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%

SEC Filings: 10-K · 10-Q