Hess Midstream (HESM) EBIT Margin (2018 - 2026)
Hess Midstream (HESM) recorded quarterly EBIT Margin of 61.26% in Q1 2026, down 0.86% quarter-over-quarter from 61.79% in Q4 2025, and down 105.0% on a YoY basis from 1225.11% in Q1 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 61.26% for Q1 2026.
- In Q1 2026, EBIT Margin fell 105.0% year-over-year to 61.26%; the TTM figure through Mar 2026 stood at 61.88% (up 37.0% YoY), while the FY2025 annual figure was 62.18%, up 73.0% from the prior year.
- EBIT Margin was 61.26% for Q1 2026 at Hess Midstream, down from 61.79% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 62.93% in Q2 2025 to a low of 59.05% in Q4 2023.
- Historically, EBIT Margin has averaged 61.61% across 5 years, with a median of 61.51% in 2025.
- The sharpest annual moves came in 2022 and 2023: EBIT Margin soared 855 bps in 2022, then slumped 352 bps in 2023.
- A 5-year view of EBIT Margin shows it stood at 62.57% in 2022, then decreased by 6 bps to 59.05% in 2023, then grew by 4 bps to 61.38% in 2024, then gained by 1 bps to 61.79% in 2025, then retreated by 1 bps to 61.26% in 2026.
- The last three EBIT Margin figures came in at 61.26% (Q1 2026), 61.79% (Q4 2025), and 61.51% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 14.43% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 13.17% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 29.91% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 10.74% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 39.96% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 20.68% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 14.85% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 68.07% |
| 10 | Hess Midstream | 4.98 Bn | 4.97 Bn | - | 61.26% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 61.26% |
| Dec 31, 2025 | 61.79% |
| Sep 30, 2025 | 61.51% |
| Jun 30, 2025 | 62.93% |
| Mar 31, 2025 | 62.31% |
| Dec 31, 2024 | 61.38% |
| Sep 30, 2024 | 61.36% |
| Jun 30, 2024 | 60.97% |
| Mar 31, 2024 | 62.43% |
| Dec 31, 2023 | 59.05% |
| Sep 30, 2023 | 60.69% |
| Jun 30, 2023 | 61.24% |
| Mar 31, 2023 | 61.87% |
| Dec 31, 2022 | 62.57% |
| Sep 30, 2022 | 60.93% |
| Jun 30, 2022 | 62.40% |
| Mar 31, 2022 | 62.64% |
| Dec 31, 2021 | 63.20% |
| Sep 30, 2021 | 52.39% |
| Jun 30, 2021 | 62.96% |