Hess Midstream (HESM) Debt Ratio (2018 - 2026)

Hess Midstream (HESM) posted quarterly Debt Ratio of 0.88 for Q1 2026, up 5.26% year-over-year from 0.84 in Q1 2025, and up 2.59% quarter-over-quarter from 0.86 in Q4 2025.

Hess Midstream (HESM) Debt Ratio (2018 - 2026) Analysis & Trends

Hess Midstream's Debt Ratio history runs 9 years deep, the most recent figure standing at 0.88 for Q1 2026.

  • In Q1 2026, Debt Ratio rose 5.26% year-over-year to 0.88; the TTM figure through Mar 2026 stood at 0.88 (up 5.26% YoY), while the FY2025 annual figure was 0.86, up 2.77% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.88, up from 0.86 in the prior quarter.
  • The five-year high for Debt Ratio was 0.88 in Q1 2026, with the low at 0.74 in Q1 2022.
  • The 5-year median for Debt Ratio is 0.84 (2023), against an average of 0.83.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio soared 50.85% in 2022, then fell 2.69% in 2025.
  • Hess Midstream's Debt Ratio stood at 0.8 in 2022, then advanced by 5.38% to 0.85 in 2023, then fell by 1.3% to 0.84 in 2024, then climbed by 2.77% to 0.86 in 2025, then climbed by 2.59% to 0.88 in 2026.
  • Business Quant data shows HESM's Debt Ratio at 0.88 in Q1 2026, 0.86 in Q4 2025, and 0.86 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 0.44
2 Enbridge 110.90 Bn 109.41 Bn 5.23 Bn 0.48
3 Enterprise Products Partners 83.55 Bn 82.64 Bn - 0.41
4 Energy Transfer 72.76 Bn 71.73 Bn 7.40 Bn 0.46
5 Tc Energy 65.92 Bn 58.36 Bn 1.24 Bn -
6 Oneok 60.17 Bn 60.01 Bn 2.81 Bn 0.48
7 Mplx 60.12 Bn 59.09 Bn 2.73 Bn 0.60
8 Targa Resources 59.64 Bn 59.50 Bn 2.14 Bn 0.69
9 Cheniere Energy 56.21 Bn 54.95 Bn 5.29 Bn 0.50
10 Hess Midstream 5.10 Bn 5.10 Bn - 0.87

Historic Data

Download Data
DateValue
Jun 30, 2026 0.87
Mar 31, 2026 0.88
Dec 31, 2025 0.86
Sep 30, 2025 0.86
Jun 30, 2025 0.84
Mar 31, 2025 0.84
Dec 31, 2024 0.84
Sep 30, 2024 0.84
Jun 30, 2024 0.85
Mar 31, 2024 0.86
Dec 31, 2023 0.85
Sep 30, 2023 0.83
Jun 30, 2023 0.84
Mar 31, 2023 0.84
Dec 31, 2022 0.80
Sep 30, 2022 0.81
Jun 30, 2022 0.82
Mar 31, 2022 0.74
Dec 31, 2021 0.74
Sep 30, 2021 0.76