Hess Midstream (HESM) Consolidated Net Income (2018 - 2026)
Hess Midstream's Consolidated Net Income was $173.7 million in Q2 2026, down 3.3% from $179.7 million a year earlier but up 10.1% from the prior quarter.
Hess Midstream (HESM) Consolidated Net Income (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hess Midstream's Consolidated Net Income was $674.9 million through Jun 30, 2026, down 0.4% year-over-year; for FY2025, it came in at $684.6 million, up 3.9% from FY2024.
- Consolidated Net Income shows a five-year compound annual growth rate of 7.1% (FY2020 to FY2025).
- In earlier years, Consolidated Net Income was $659 million in FY2024 (+8.4%), $607.7 million in FY2023 (-2.1%), $620.6 million in FY2022 (+0.5%) and $617.8 million in FY2021 (+27.4%).
- Quarterly Consolidated Net Income has moved between $131.1 million (Q3 2021) and $179.7 million (Q2 2025) over five years.
- Compared with a year earlier, Consolidated Net Income has declined for three straight quarters, with growth averaging 2.9% over the last eight quarters.
- The best year-over-year quarter for Consolidated Net Income over five years was Q4 2021 (growth of 24.8%); the worst was Q1 2023 (a decline of 10.9%).
- Per Business Quant data, HESM's Consolidated Net Income in the three quarters before Q2 2026 was $157.7 million (Q1 2026), $168 million (Q4 2025) and $175.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Consol Net Inc. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | 1.13 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | 1.14 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | 1.86 Bn |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | 2.53 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 894.00 Mn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | 832.09 Mn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 777.70 Mn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 1.09 Bn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 3.64 Bn |
| 10 | Hess Midstream | 4.85 Bn | 4.83 Bn | - | 173.70 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 173.70 Mn |
| Mar 31, 2026 | 157.70 Mn |
| Dec 31, 2025 | 168.00 Mn |
| Sep 30, 2025 | 175.50 Mn |
| Jun 30, 2025 | 179.70 Mn |
| Mar 31, 2025 | 161.40 Mn |
| Dec 31, 2024 | 172.10 Mn |
| Sep 30, 2024 | 164.70 Mn |
| Jun 30, 2024 | 160.30 Mn |
| Mar 31, 2024 | 161.90 Mn |
| Dec 31, 2023 | 152.80 Mn |
| Sep 30, 2023 | 164.80 Mn |
| Jun 30, 2023 | 147.90 Mn |
| Mar 31, 2023 | 142.20 Mn |
| Dec 31, 2022 | 149.80 Mn |
| Sep 30, 2022 | 159.40 Mn |
| Jun 30, 2022 | 151.80 Mn |
| Mar 31, 2022 | 159.60 Mn |
| Dec 31, 2021 | 165.10 Mn |
| Sep 30, 2021 | 131.10 Mn |
Hess Midstream Consolidated Net Income 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=consolidated-net-income&ticker=HESM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "consolidated-net-income", "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=consolidated-net-income&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();