Hess Midstream (HESM) Depreciation & Amortization (CF) (2019 - 2026)
Hess Midstream's Depreciation & Amortization (CF) was $55.1 million in Q3 2026, down 2.7% from $56.6 million a year earlier but up 1.3% from the prior quarter.
Hess Midstream (HESM) Depreciation & Amortization (CF) (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hess Midstream's Depreciation & Amortization (CF) was $222.2 million through Sep 30, 2026, up 5.2% year-over-year; for FY2025, it was $214.1 million, up 5.4% from FY2024.
- Depreciation & Amortization (CF) has now increased for eight consecutive years, with a five-year compound annual growth rate of 6.4% (FY2020 to FY2025).
- In earlier years, Depreciation & Amortization (CF) was $203.1 million in FY2024 (+5.5%), $192.5 million in FY2023 (+6.2%), $181.3 million in FY2022 (+9.5%) and $165.6 million in FY2021 (+5.5%).
- Quarterly Depreciation & Amortization (CF) has moved between $43.5 million (Q4 2021) and $58.5 million (Q1 2026) over five years.
- Compared with a year earlier, Depreciation & Amortization (CF) was higher in seven of the last eight quarters, with growth averaging 4.9%.
- The best year-over-year quarter for Depreciation & Amortization (CF) over five years was Q1 2026 (growth of 13.6%); the worst was Q3 2026 (a decline of 2.7%).
- Per Business Quant data, HESM's Depreciation & Amortization (CF) in the three quarters before Q3 2026 was $54.4 million (Q2 2026), $58.5 million (Q1 2026) and $54.2 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 1.06 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 620.00 Mn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 572.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 628.00 Mn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 535.04 Mn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 1.60 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 459.60 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 393.00 Mn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 378.00 Mn |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - | 55.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 55.10 Mn |
| Jun 30, 2026 | 54.40 Mn |
| Mar 31, 2026 | 58.50 Mn |
| Dec 31, 2025 | 54.20 Mn |
| Sep 30, 2025 | 56.60 Mn |
| Jun 30, 2025 | 51.80 Mn |
| Mar 31, 2025 | 51.50 Mn |
| Dec 31, 2024 | 51.30 Mn |
| Sep 30, 2024 | 51.50 Mn |
| Jun 30, 2024 | 50.50 Mn |
| Mar 31, 2024 | 49.80 Mn |
| Dec 31, 2023 | 50.40 Mn |
| Sep 30, 2023 | 47.70 Mn |
| Jun 30, 2023 | 47.00 Mn |
| Mar 31, 2023 | 47.40 Mn |
| Dec 31, 2022 | 46.40 Mn |
| Sep 30, 2022 | 45.50 Mn |
| Jun 30, 2022 | 45.00 Mn |
| Mar 31, 2022 | 44.40 Mn |
| Dec 31, 2021 | 43.50 Mn |
Hess Midstream Depreciation & Amortization (CF) 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=depreciation-and-amortization-cf&ticker=HESM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "depreciation-and-amortization-cf", "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=depreciation-and-amortization-cf&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();