Hess Midstream (HESM) Asset Utilization Ratio (2020 - 2026)

Hess Midstream (HESM) recorded quarterly Asset Utilization Ratio of 0.37 in Q1 2026, up 1.87% quarter-over-quarter from 0.37 in Q4 2025, and up 3.73% on a YoY basis from 0.36 in Q1 2025.

Hess Midstream (HESM) Asset Utilization Ratio (2020 - 2026) Analysis & Trends

Hess Midstream's Asset Utilization Ratio history runs 7 years deep, the most recent figure standing at 0.37 for Q1 2026.

  • In Q1 2026, Asset Utilization Ratio rose 3.73% year-over-year to 0.37; the TTM figure through Mar 2026 stood at 0.37 (up 3.73% YoY), while the FY2025 annual figure was 0.38, up 0.81% from the prior year.
  • Asset Utilization Ratio was 0.37 for Q1 2026 at Hess Midstream, up from 0.37 in the prior quarter.
  • In the past five years, Asset Utilization Ratio ranged from a high of 0.37 in Q1 2026 to a low of 0.35 in Q3 2023.
  • Historically, Asset Utilization Ratio has averaged 0.36 across 5 years, with a median of 0.36 in 2023.
  • The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio advanced 9.26% in 2022, then decreased 1.14% in 2025.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.35 in 2022, then gained by 0.49% to 0.36 in 2023, then climbed by 1.11% to 0.36 in 2024, then climbed by 2.13% to 0.37 in 2025, then increased by 1.87% to 0.37 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.37 (Q1 2026), 0.37 (Q4 2025), and 0.36 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.31
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.65
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.24
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.49
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.21
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.63
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.52
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn -
10 Hess Midstream 4.98 Bn 4.97 Bn - 0.37

Historic Data

Download Data
DateValue
Mar 31, 2026 0.37
Dec 31, 2025 0.37
Sep 30, 2025 0.36
Jun 30, 2025 0.36
Mar 31, 2025 0.36
Dec 31, 2024 0.36
Sep 30, 2024 0.35
Jun 30, 2024 0.36
Mar 31, 2024 0.37
Dec 31, 2023 0.36
Sep 30, 2023 0.35
Jun 30, 2023 0.35
Mar 31, 2023 0.35
Dec 31, 2022 0.35
Sep 30, 2022 0.35
Jun 30, 2022 0.35
Mar 31, 2022 0.35
Dec 31, 2021 0.35
Sep 30, 2021 0.34
Jun 30, 2021 0.33