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| Date | Value |
|---|---|
| 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 |