Hess Midstream (HESM) EBIT Margin (2018 - 2026)
Hess Midstream (HESM) posted EBIT Margin of 63.46% for Q2 2026, up 3.97% on a QoQ basis from 61.04% in Q1 2026, and up 64.0% year-over-year from 38.69% in Q2 2025.
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Hess Midstream (HESM) EBIT Margin (2018 - 2026) Analysis & Trends
Hess Midstream has reported EBIT Margin for 9 years, with the latest figure at 63.46% in Q2 2026.
- On a quarterly basis, EBIT Margin rose 64.0% year-over-year to 63.46% in Q2 2026; TTM through Jun 2026 was 62.06%, a 16.0% increase from a year earlier, with the FY2025 full-year figure at 62.18%, up 73.0% from the prior year.
- EBIT Margin was 63.46% for Q2 2026 at Hess Midstream, up from 61.04% in the prior quarter.
- The five-year high for EBIT Margin was 63.46% in Q2 2026, with the low at 58.93% in Q4 2023.
- Average EBIT Margin over 5 years is 61.66%, with a median of 61.69% recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: EBIT Margin jumped 855 bps in 2022, then sank 349 bps in 2023.
- Over 5 years, EBIT Margin stood at 62.43% in 2022, then slipped by 6 bps to 58.93% in 2023, then increased by 4 bps to 61.38% in 2024, then rose by 1 bps to 62.25% in 2025, then climbed by 2 bps to 63.46% in 2026.
- The last three EBIT Margin figures came in at 63.46% (Q2 2026), 61.04% (Q1 2026), and 62.25% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 30.06% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 12.31% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 10.41% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 58.43% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 27.80% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 41.61% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 13.22% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 9.93% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 37.45% |
| 10 | Hess Midstream | 5.12 Bn | 5.12 Bn | - | 63.46% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 63.46% |
| Mar 31, 2026 | 61.04% |
| Dec 31, 2025 | 62.25% |
| Sep 30, 2025 | 61.51% |
| Jun 30, 2025 | 62.82% |
| Mar 31, 2025 | 62.15% |
| Dec 31, 2024 | 61.38% |
| Sep 30, 2024 | 61.22% |
| Jun 30, 2024 | 60.82% |
| Mar 31, 2024 | 62.43% |
| Dec 31, 2023 | 58.93% |
| Sep 30, 2023 | 60.59% |
| Jun 30, 2023 | 61.14% |
| Mar 31, 2023 | 61.87% |
| Dec 31, 2022 | 62.43% |
| 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% |