Hess Midstream (HESM) Debt Ratio (2018 - 2026)
Hess Midstream (HESM) posted Debt Ratio of 0.87 for Q1 2026, up 1.65% on a QoQ basis from 0.86 in Q4 2025, and up 4.29% year-on-year from 0.84 in Q1 2025.
Hess Midstream (HESM) Debt Ratio (2018 - 2026) Analysis & Trends
Hess Midstream has disclosed Debt Ratio across 9 years of filings, most recently posting 0.87 for Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.87, up 4.29% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.87 (up 4.29% YoY), and the FY2025 annual result was 0.86, up 2.77% from the prior year.
- Debt Ratio came in at 0.87 for Q1 2026 at Hess Midstream, up from 0.86 in the prior quarter.
- Over the last five years, Debt Ratio for HESM reached as high as 0.87 in Q1 2026 and fell as low as 0.74 in Q1 2022.
- Median Debt Ratio over the past 5 years was 0.84 (2023), compared with a mean of 0.83.
- Year-over-year, Debt Ratio surged 50.85% in 2022 and decreased 2.69% in 2025.
- Over 5 years, Debt Ratio stood at 0.8 in 2022, then climbed by 5.38% to 0.85 in 2023, then retreated by 1.3% to 0.84 in 2024, then grew by 2.77% to 0.86 in 2025, then increased by 1.65% to 0.87 in 2026.
- Per Business Quant, the three latest HESM Debt Ratio figures stand at 0.87 (Q1 2026), 0.86 (Q4 2025), and 0.86 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 0.47 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 0.44 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 0.42 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 0.47 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 0.71 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.60 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 0.47 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 0.83 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 0.65 |
| 10 | Hess Midstream | 4.86 Bn | 4.85 Bn | - | 0.87 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.87 |
| 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 |
| Jun 30, 2021 | 0.54 |