Hess Midstream (HESM) EBITDA (2018 - 2026)

Hess Midstream (HESM) posted EBITDA of $296.6 million for Q1 2026, down 3.01% on a QoQ basis from $305.8 million in Q4 2025, and up 2.67% year-on-year from $288.9 million in Q1 2025.

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

Hess Midstream has disclosed EBITDA across 9 years of filings, most recently posting $296.6 million for Q1 2026.

  • EBITDA for Q1 2026 came in at $296.6 million, up 2.67% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.2 billion (up 7.96% YoY), and the FY2025 annual result was $1.2 billion, up 8.92% from the prior year.
  • EBITDA came in at $296.6 million for Q1 2026 at Hess Midstream, down from $305.8 million in the prior quarter.
  • Over the last five years, EBITDA for HESM reached as high as $315.5 million in Q3 2025 and fell as low as $236.1 million in Q1 2023.
  • Median EBITDA over the past 5 years was $271.8 million (2024), compared with a mean of $271.9 million.
  • Year-over-year, EBITDA increased 24.31% in 2022 and fell 1.58% in 2023.
  • Over 5 years, EBITDA 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.
  • Per Business Quant, the three latest HESM EBITDA figures stand at $296.6 million (Q1 2026), $305.8 million (Q4 2025), and $315.5 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 2.35 Bn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.44 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.90 Bn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 2.98 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 1.17 Bn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 1.53 Bn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 1.43 Bn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 534.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 1.40 Bn
10 Hess Midstream 4.86 Bn 4.85 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