Hess Midstream (HESM) EBITDA (2018 - 2026)

Hess Midstream (HESM) recorded quarterly EBITDA of $296.6 million in Q1 2026, down 3.01% quarter-over-quarter from $305.8 million in Q4 2025, and up 2.67% on a YoY basis from $288.9 million in Q1 2025.

Hess Midstream (HESM) EBITDA (2018 - 2026) Analysis & Trends

Hess Midstream's EBITDA history runs 9 years deep, the most recent figure standing at $296.6 million for Q1 2026.

  • In Q1 2026, EBITDA rose 2.67% year-over-year to $296.6 million; the TTM figure through Mar 2026 stood at $1.2 billion (up 7.96% YoY), while the FY2025 annual figure was $1.2 billion, up 8.92% from the prior year.
  • EBITDA was $296.6 million for Q1 2026 at Hess Midstream, down from $305.8 million in the prior quarter.
  • In the past five years, EBITDA ranged from a high of $315.5 million in Q3 2025 to a low of $236.1 million in Q1 2023.
  • Historically, EBITDA has averaged $271.9 million across 5 years, with a median of $271.8 million in 2024.
  • The sharpest annual moves came in 2022 and 2023: EBITDA grew 24.31% in 2022, then declined 1.58% in 2023.
  • A 5-year view of EBITDA shows it stood at $242.8 million in 2022, then climbed by 7.29% to $260.5 million in 2023, then climbed by 12.98% to $294.3 million in 2024, then rose by 3.91% to $305.8 million in 2025, then dropped by 3.01% to $296.6 million in 2026.
  • The last three EBITDA figures came in at $296.6 million (Q1 2026), $305.8 million (Q4 2025), and $315.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Enbridge 88.15 Bn 88.85 Bn 6.70 Bn 2.35 Bn
2 Enterprise Products Partners 81.41 Bn 80.26 Bn - 1.90 Bn
3 Kinder Morgan 69.70 Bn 70.78 Bn 3.08 Bn 1.44 Bn
4 Energy Transfer 66.51 Bn 65.79 Bn 6.62 Bn 2.98 Bn
5 Scorpio Tankers 59.31 Bn 58.33 Bn - 214.13 Mn
6 Mplx 57.21 Bn 55.70 Bn 2.54 Bn 1.53 Bn
7 Targa Resources 56.78 Bn 56.82 Bn 1.70 Bn 1.17 Bn
8 Oneok 55.57 Bn 55.44 Bn 2.57 Bn 1.43 Bn
9 Tc Energy 50.90 Bn 52.09 Bn 2.95 Bn 2.03 Bn
10 Hess Midstream 5.02 Bn 5.01 Bn - 296.60 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 296.60 Mn
Dec 31, 2025 305.80 Mn
Sep 30, 2025 315.50 Mn
Jun 30, 2025 312.00 Mn
Mar 31, 2025 288.90 Mn
Dec 31, 2024 294.30 Mn
Sep 30, 2024 283.20 Mn
Jun 30, 2024 272.80 Mn
Mar 31, 2024 271.80 Mn
Dec 31, 2023 260.50 Mn
Sep 30, 2023 267.70 Mn
Jun 30, 2023 245.10 Mn
Mar 31, 2023 236.10 Mn
Dec 31, 2022 242.80 Mn
Sep 30, 2022 249.50 Mn
Jun 30, 2022 240.30 Mn
Mar 31, 2022 239.90 Mn
Dec 31, 2021 243.40 Mn
Sep 30, 2021 200.70 Mn
Jun 30, 2021 226.00 Mn