Growth Metrics

Hess Midstream (HESM) EBITDA Margin (2018 - 2026)

Hess Midstream has reported EBITDA Margin over the past 8 years, most recently at 75.1% for Q4 2025.

  • For Q4 2025, EBITDA Margin rose 126.0% year-over-year to 75.1%; the TTM value through Dec 2025 reached 75.34%, up 35.0%, while the annual FY2025 figure was 75.38%, 35.0% up from the prior year.
  • EBITDA Margin for Q4 2025 was 75.1% at Hess Midstream, roughly flat from 75.19% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 77.59% in Q1 2023 and troughed at 66.04% in Q3 2021.
  • A 5-year average of 75.2% and a median of 75.54% in 2025 define the central range for EBITDA Margin.
  • Biggest five-year swings in EBITDA Margin: soared 1339bps in 2021 and later crashed -428bps in 2023.
  • Year by year, EBITDA Margin stood at 76.95% in 2021, then rose by 1bps to 77.35% in 2022, then decreased by -6bps to 73.07% in 2023, then increased by 1bps to 73.83% in 2024, then rose by 2bps to 75.1% in 2025.
  • Business Quant data shows EBITDA Margin for HESM at 75.1% in Q4 2025, 75.19% in Q3 2025, and 75.45% in Q2 2025.