Hess Midstream (HESM) EBIT Margin (2018 - 2026)
Hess Midstream (HESM) posted quarterly EBIT Margin of 61.04% for Q1 2026, down 111.0% year-over-year from 554.87% in Q1 2025, and down 1.22% quarter-over-quarter from 61.79% in Q4 2025.
Hess Midstream (HESM) EBIT Margin (2018 - 2026) Analysis & Trends
Hess Midstream's EBIT Margin history runs 9 years deep, the most recent figure standing at 61.04% for Q1 2026.
- In Q1 2026, EBIT Margin fell 111.0% year-over-year to 61.04%; the TTM figure through Mar 2026 stood at 61.83% (up 43.0% YoY), while the FY2025 annual figure was 62.18%, up 73.0% from the prior year.
- EBIT Margin for Q1 2026 stood at 61.04%, down from 61.79% in the prior quarter.
- The five-year high for EBIT Margin was 62.93% in Q2 2025, with the low at 59.05% in Q4 2023.
- The 5-year median for EBIT Margin is 61.51% (2025), against an average of 61.54%.
- The sharpest annual moves came in 2022 and 2023: EBIT Margin surged 855 bps in 2022, then plunged 312 bps in 2023.
- Hess Midstream's EBIT Margin stood at 62.17% in 2022, then dropped by 5 bps to 59.05% in 2023, then climbed by 4 bps to 61.38% in 2024, then rose by 1 bps to 61.79% in 2025, then slipped by 1 bps to 61.04% in 2026.
- Business Quant data shows HESM's EBIT Margin at 61.04% in Q1 2026, 61.79% in Q4 2025, and 61.51% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 30.06% |
| 2 | Enbridge | 110.90 Bn | 109.41 Bn | 5.23 Bn | 9.93% |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | 12.31% |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 10.41% |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 29.84% |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 13.22% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 41.61% |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 27.80% |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 74.84% |
| 10 | Hess Midstream | 5.10 Bn | 5.09 Bn | - | 63.46% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 63.46% |
| Mar 31, 2026 | 61.04% |
| Dec 31, 2025 | 61.79% |
| Sep 30, 2025 | 61.51% |
| Jun 30, 2025 | 62.93% |
| Mar 31, 2025 | 62.15% |
| Dec 31, 2024 | 61.38% |
| Sep 30, 2024 | 61.22% |
| Jun 30, 2024 | 60.82% |
| Mar 31, 2024 | 62.59% |
| Dec 31, 2023 | 59.05% |
| Sep 30, 2023 | 60.59% |
| Jun 30, 2023 | 61.24% |
| Mar 31, 2023 | 61.87% |
| Dec 31, 2022 | 62.17% |
| Sep 30, 2022 | 60.93% |
| Jun 30, 2022 | 62.32% |
| Mar 31, 2022 | 62.58% |
| Dec 31, 2021 | 63.20% |
| Sep 30, 2021 | 52.39% |