Hess Midstream (HESM) EBT (2018 - 2026)
Hess Midstream (HESM) posted EBT of $185.9 million for Q1 2026, down 6.21% on a QoQ basis from $198.2 million in Q4 2025, and up 0.81% year-on-year from $184.4 million in Q1 2025.
Hess Midstream (HESM) EBT (2018 - 2026) Analysis & Trends
Hess Midstream has disclosed EBT across 9 years of filings, most recently posting $185.9 million for Q1 2026.
- EBT for Q1 2026 came in at $185.9 million, up 0.81% year-over-year; the trailing twelve-month figure through Mar 2026 was $799.9 million (up 8.24% YoY), and the FY2025 annual result was $798.4 million, up 9.25% from the prior year.
- EBT came in at $185.9 million for Q1 2026 at Hess Midstream, down from $198.2 million in the prior quarter.
- Over the last five years, EBT for HESM reached as high as $208.8 million in Q2 2025 and fell as low as $148.7 million in Q1 2023.
- Median EBT over the past 5 years was $176.2 million (2023), compared with a mean of $176.9 million.
- Year-over-year, EBT increased 24.37% in 2022 and slipped 9.66% in 2023.
- Over 5 years, EBT stood at $156.8 million in 2022, then rose by 5.04% to $164.7 million in 2023, then advanced by 18.21% to $194.7 million in 2024, then gained by 1.8% to $198.2 million in 2025, then retreated by 6.21% to $185.9 million in 2026.
- Per Business Quant, the three latest HESM EBT figures stand at $185.9 million (Q1 2026), $198.2 million (Q4 2025), and $207.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.72 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.29 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.52 Bn |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.11 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 611.30 Mn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 923.00 Mn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.02 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 183.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 736.00 Mn |
| 10 | Hess Midstream | 4.86 Bn | 4.85 Bn | - | 185.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 185.90 Mn |
| Dec 31, 2025 | 198.20 Mn |
| Sep 30, 2025 | 207.00 Mn |
| Jun 30, 2025 | 208.80 Mn |
| Mar 31, 2025 | 184.40 Mn |
| Dec 31, 2024 | 194.70 Mn |
| Sep 30, 2024 | 183.60 Mn |
| Jun 30, 2024 | 176.30 Mn |
| Mar 31, 2024 | 176.20 Mn |
| Dec 31, 2023 | 164.70 Mn |
| Sep 30, 2023 | 176.20 Mn |
| Jun 30, 2023 | 156.00 Mn |
| Mar 31, 2023 | 148.70 Mn |
| Dec 31, 2022 | 156.80 Mn |
| Sep 30, 2022 | 166.90 Mn |
| Jun 30, 2022 | 158.90 Mn |
| Mar 31, 2022 | 164.60 Mn |
| Dec 31, 2021 | 170.50 Mn |
| Sep 30, 2021 | 134.20 Mn |
| Jun 30, 2021 | 165.60 Mn |