Hess Midstream (HESM) EBIT (2018 - 2026)
Hess Midstream (HESM) posted EBIT of $262.4 million for Q3 2026, up 1.4% from $258.9 million a year earlier and up 3.6% from the prior quarter.
Hess Midstream (HESM) EBIT (2018 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBIT at Hess Midstream was $1.01 billion, up 0.6% year-over-year; for FY2025, it was $1.01 billion, up 9.7% from FY2024.
- Annual EBIT has increased for six consecutive years, with a five-year compound annual growth rate of 11.8% (FY2020 to FY2025).
- In prior years, Hess Midstream's EBIT was $919 million in FY2024 (+12.5%), $816.9 million in FY2023 (+3.2%), $791.2 million in FY2022 (+8.8%) and $727.2 million in FY2021 (+26.1%).
- The Q3 2026 figure stands as the highest quarterly EBIT in data going back to Q4 2018.
- On a year-over-year basis, EBIT increased in seven of the last eight quarters, with growth averaging 6.7%.
- The strongest year-over-year quarter for EBIT in the past five years was Q4 2021, with growth of 29.2%; the weakest was Q1 2023, with a decline of 3.5%.
- According to Business Quant data, EBIT for the three prior quarters was $253.2 million (Q2 2026), $238.1 million (Q1 2026) and $251.6 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 1.53 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 1.14 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 1.99 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 1.16 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 1.72 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 2.78 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 1.10 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 1.92 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 1.48 Bn |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - | 262.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 262.40 Mn |
| Jun 30, 2026 | 253.20 Mn |
| Mar 31, 2026 | 238.10 Mn |
| Dec 31, 2025 | 251.60 Mn |
| Sep 30, 2025 | 258.90 Mn |
| Jun 30, 2025 | 260.20 Mn |
| Mar 31, 2025 | 237.40 Mn |
| Dec 31, 2024 | 243.00 Mn |
| Sep 30, 2024 | 231.70 Mn |
| Jun 30, 2024 | 222.30 Mn |
| Mar 31, 2024 | 222.00 Mn |
| Dec 31, 2023 | 210.10 Mn |
| Sep 30, 2023 | 220.00 Mn |
| Jun 30, 2023 | 198.10 Mn |
| Mar 31, 2023 | 188.70 Mn |
| Dec 31, 2022 | 196.40 Mn |
| Sep 30, 2022 | 204.00 Mn |
| Jun 30, 2022 | 195.30 Mn |
| Mar 31, 2022 | 195.50 Mn |
| Dec 31, 2021 | 199.90 Mn |
Hess Midstream EBIT 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=ebit&ticker=HESM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit", "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=ebit&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();