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
DateValue
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%