Hess Midstream (HESM) Cash from Operations (2019 - 2026)
Hess Midstream's Cash from Operations was $267.9 million in Q3 2026, up 3.5% from $258.9 million a year earlier but down 3.8% from the prior quarter.
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Analysis
Hess Midstream (HESM) Cash from Operations (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hess Midstream's Cash from Operations was $1.05 billion through Sep 30, 2026, up 4.9% year-over-year; for FY2025, it came in at $983.8 million, up 4.6% from FY2024.
- Cash from Operations has now increased for eight consecutive years, with a five-year compound annual growth rate of 8.9% (FY2020 to FY2025).
- In earlier years, Cash from Operations was $940.3 million in FY2024 (+8.5%), $866.4 million in FY2023 (+0.6%), $861.1 million in FY2022 (+8.2%) and $795.5 million in FY2021 (+24.0%).
- Quarterly Cash from Operations has moved between $185.3 million (Q1 2024) and $278.6 million (Q2 2026) over five years.
- Compared with a year earlier, Cash from Operations has increased for three straight quarters, with growth averaging 6.9% over the last eight quarters.
- The best year-over-year quarter for Cash from Operations over five years was Q2 2024 (growth of 32.7%); the worst was Q3 2023 (a decline of 8.2%).
- Per Business Quant data, HESM's Cash from Operations in the three quarters before Q3 2026 was $278.6 million (Q2 2026), $253.3 million (Q1 2026) and $245.6 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash from Ops. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 1.93 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 1.51 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 2.19 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 1.59 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 1.27 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 4.02 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 1.37 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 2.47 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 1.48 Bn |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - | 267.90 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 267.90 Mn |
| Jun 30, 2026 | 278.60 Mn |
| Mar 31, 2026 | 253.30 Mn |
| Dec 31, 2025 | 245.60 Mn |
| Sep 30, 2025 | 258.90 Mn |
| Jun 30, 2025 | 276.90 Mn |
| Mar 31, 2025 | 202.40 Mn |
| Dec 31, 2024 | 258.50 Mn |
| Sep 30, 2024 | 224.90 Mn |
| Jun 30, 2024 | 271.60 Mn |
| Mar 31, 2024 | 185.30 Mn |
| Dec 31, 2023 | 247.60 Mn |
| Sep 30, 2023 | 215.50 Mn |
| Jun 30, 2023 | 204.60 Mn |
| Mar 31, 2023 | 198.70 Mn |
| Dec 31, 2022 | 222.60 Mn |
| Sep 30, 2022 | 234.70 Mn |
| Jun 30, 2022 | 213.20 Mn |
| Mar 31, 2022 | 190.60 Mn |
| Dec 31, 2021 | 223.50 Mn |
API Access
Hess Midstream Cash from Operations API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-from-operations&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-from-operations", "ticker": "HESM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=cash-from-operations&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();