Hess Midstream (HESM) Asset Utilization Ratio (2020 - 2026)
Hess Midstream (HESM) posted quarterly Asset Utilization Ratio of 0.37 for Q1 2026, up 3.63% year-over-year from 0.36 in Q1 2025, and up 1.89% quarter-over-quarter from 0.37 in Q4 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 3.63% year-over-year to 0.37; the TTM figure through Mar 2026 stood at 0.37 (up 3.63% YoY), while the FY2025 annual figure was 0.38, up 0.81% from the prior year.
- Asset Utilization Ratio for Q1 2026 stood at 0.37, up from 0.37 in the prior quarter.
- The five-year high for Asset Utilization Ratio was 0.37 in Q1 2026, with the low at 0.35 in Q3 2023.
- The 5-year median for Asset Utilization Ratio is 0.36 (2023), against an average of 0.36.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio advanced 9.3% in 2022, then decreased 0.94% in 2025.
- Hess Midstream's Asset Utilization Ratio stood at 0.36 in 2022, then advanced by 0.32% to 0.36 in 2023, then grew by 1.13% to 0.36 in 2024, then rose by 2.13% to 0.37 in 2025, then rose by 1.89% to 0.37 in 2026.
- Business Quant data shows HESM's Asset Utilization Ratio at 0.37 in Q1 2026, 0.37 in Q4 2025, and 0.36 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.24 |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 0.36 |
| 3 | Enterprise Products Partners | 83.55 Bn | 82.64 Bn | - | 0.72 |
| 4 | Energy Transfer | 72.76 Bn | 71.73 Bn | 7.40 Bn | 0.58 |
| 5 | Tc Energy | 65.92 Bn | 58.36 Bn | 1.24 Bn | - |
| 6 | Oneok | 60.17 Bn | 60.01 Bn | 2.81 Bn | 0.58 |
| 7 | Mplx | 60.12 Bn | 59.09 Bn | 2.73 Bn | 0.31 |
| 8 | Targa Resources | 59.64 Bn | 59.50 Bn | 2.14 Bn | 0.60 |
| 9 | Cheniere Energy | 56.21 Bn | 54.95 Bn | 5.29 Bn | 0.45 |
| 10 | Hess Midstream | 5.10 Bn | 5.10 Bn | - | 0.38 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.38 |
| 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 | 0.36 |
| 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 |