Hess Midstream (HESM) EBT (2018 - 2026)
Hess Midstream (HESM) posted EBT of $204.8 million for Q2 2026, down 1.9% from $208.8 million a year earlier but up 10.2% from the prior quarter.
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Analysis
Hess Midstream (HESM) EBT (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT at Hess Midstream was $795.9 million, up 3.2% year-over-year; for FY2025, it came in at $798.4 million, up 9.3% from FY2024.
- Annual EBT shows a five-year compound annual growth rate of 10.2% (FY2020 to FY2025).
- In prior years, Hess Midstream's EBT was $730.8 million in FY2024 (+13.2%), $645.6 million in FY2023 (-0.2%), $647.2 million in FY2022 (+2.3%) and $632.4 million in FY2021 (+28.5%).
- Quarterly EBT has run from a low of $134.2 million in Q3 2021 to a high of $208.8 million in Q2 2025 over five years.
- On a year-over-year basis, EBT increased in seven of the last eight quarters, with growth averaging 7.4%.
- The strongest year-over-year quarter for EBT in the past five years was Q4 2021, with growth of 26.9%; the weakest was Q1 2023, with a decline of 9.7%.
- According to Business Quant data, EBT for the three prior quarters was $185.9 million (Q1 2026), $198.2 million (Q4 2025) and $207 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 1.45 Bn |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 1.87 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 2.72 Bn |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 1.17 Bn |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 1.05 Bn |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 1.00 Bn |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 1.09 Bn |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 1.27 Bn |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 4.01 Bn |
| 10 | Hess Midstream | 4.94 Bn | 4.92 Bn | - | 204.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 204.80 Mn |
| 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 |
API Access
Hess Midstream EBT API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebt&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt", "ticker": "HESM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebt&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();