Hess Midstream (HESM) Debt Ratio (2018 - 2026)
Hess Midstream (HESM) recorded quarterly Debt Ratio of 0.87 in Q1 2026, up 1.65% quarter-over-quarter from 0.86 in Q4 2025, and up 4.29% on a YoY basis from 0.84 in Q1 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 0.87 for Q1 2026.
- In Q1 2026, Debt Ratio rose 4.29% year-over-year to 0.87; the TTM figure through Mar 2026 stood at 0.87 (up 4.29% YoY), while the FY2025 annual figure was 0.86, up 2.77% from the prior year.
- Debt Ratio was 0.87 for Q1 2026 at Hess Midstream, up from 0.86 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.87 in Q1 2026 to a low of 0.74 in Q1 2022.
- Historically, Debt Ratio has averaged 0.83 across 5 years, with a median of 0.84 in 2023.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio jumped 50.85% in 2022, then retreated 2.69% in 2025.
- A 5-year view of Debt Ratio shows it 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.
- The last three Debt Ratio figures came in at 0.87 (Q1 2026), 0.86 (Q4 2025), and 0.86 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 0.47 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.42 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.44 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.47 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 0.14 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.60 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 0.71 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.47 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 0.39 |
| 10 | Hess Midstream | 4.98 Bn | 4.97 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 |