Hess Midstream (HESM) Depreciation & Amortization (CF) (2019 - 2026)
Hess Midstream's Depreciation & Amortization (CF) was $54.4 million in Q2 2026, up 5.0% from $51.8 million a year earlier but down 7.0% 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 $223.7 million through Jun 30, 2026, up 8.5% 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 $41.5 million (Q3 2021) and $58.5 million (Q1 2026) over five years.
- Compared with a year earlier, Depreciation & Amortization (CF) has increased for 26 straight quarters, with growth averaging 6.2% over the last eight quarters.
- Over the past five years, the year-over-year growth in Depreciation & Amortization (CF) ranged from 1.8% (Q4 2024) to 13.6% (Q1 2026).
- Per Business Quant data, HESM's Depreciation & Amortization (CF) in the three quarters before Q2 2026 was $58.5 million (Q1 2026), $54.2 million (Q4 2025) and $56.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Dep. & Amort. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.05 Bn | 98.59 Bn | 4.84 Bn | 1.03 Bn |
| 2 | Williams Companies | 84.68 Bn | 83.39 Bn | 2.54 Bn | 592.00 Mn |
| 3 | Enterprise Products Partners | 77.03 Bn | 75.46 Bn | - | 568.00 Mn |
| 4 | Energy Transfer | 69.18 Bn | 62.61 Bn | 7.40 Bn | 1.58 Bn |
| 5 | Kinder Morgan | 67.95 Bn | 68.90 Bn | 3.07 Bn | 620.00 Mn |
| 6 | Tc Energy | 61.01 Bn | 64.08 Bn | 2.81 Bn | 532.80 Mn |
| 7 | Targa Resources | 59.91 Bn | 59.53 Bn | 2.14 Bn | 453.10 Mn |
| 8 | Mplx | 57.11 Bn | 50.67 Bn | 2.91 Bn | 365.00 Mn |
| 9 | Cheniere Energy | 56.26 Bn | 56.39 Bn | 5.29 Bn | 380.00 Mn |
| 10 | Hess Midstream | 4.88 Bn | 4.87 Bn | - | 54.40 Mn |
Historic Data
| Date | Value |
|---|---|
| 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 |
| Sep 30, 2021 | 41.50 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();