Hess Midstream HESM
NYSE HESM
$39.91 +0.07 (+0.18%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Hess Midstream (HESM) posted Debt Ratio of 0.87 for Q2 2026, down 0.96% on a QoQ basis from 0.88 in Q1 2026, and up 4.0% year-over-year from 0.84 in Q2 2025.

Analysis

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

Hess Midstream has reported Debt Ratio for 9 years, with the latest figure at 0.87 in Q2 2026.

  • On a quarterly basis, Debt Ratio rose 4.0% year-over-year to 0.87 in Q2 2026; TTM through Jun 2026 was 0.87, a 4.0% increase from a year earlier, with the FY2025 full-year figure at 0.86, up 2.77% from the prior year.
  • Debt Ratio was 0.87 for Q2 2026 at Hess Midstream, down from 0.88 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.
  • Average Debt Ratio over 5 years is 0.84, with a median of 0.84 recorded in 2023.
  • The sharpest annual moves came in 2022 and 2025: Debt Ratio soared 51.7% in 2022, then decreased 2.69% in 2025.
  • Over 5 years, Debt Ratio stood at 0.8 in 2022, then grew by 5.38% to 0.85 in 2023, then decreased by 1.3% to 0.84 in 2024, then increased by 2.77% to 0.86 in 2025, then increased by 1.6% to 0.87 in 2026.
  • The last three Debt Ratio figures came in at 0.87 (Q2 2026), 0.88 (Q1 2026), and 0.86 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 0.44
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 0.41
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 0.46
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn -
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 0.69
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 0.60
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 0.50
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 0.48
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 0.03
10 Hess Midstream 5.12 Bn 5.12 Bn - 0.87
Historic Data

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 0.82
Jun 30, 2022 0.82
Mar 31, 2022 0.74
Dec 31, 2021 0.74
Sep 30, 2021 0.76