Hess Midstream (HESM) EBT Margin (2018 - 2026)
Hess Midstream (HESM) posted quarterly EBT Margin of 47.65% for Q1 2026, down 62.0% year-over-year from 125.41% in Q1 2025, and down 2.09% quarter-over-quarter from 48.67% in Q4 2025.
Hess Midstream (HESM) EBT Margin (2018 - 2026) Analysis & Trends
Hess Midstream's EBT Margin history runs 9 years deep, the most recent figure standing at 47.65% for Q1 2026.
- In Q1 2026, EBT Margin fell 62.0% year-over-year to 47.65%; the TTM figure through Mar 2026 stood at 49.02% (up 46.0% YoY), while the FY2025 annual figure was 49.24%, up 38.0% from the prior year.
- EBT Margin for Q1 2026 stood at 47.65%, down from 48.67% in the prior quarter.
- The five-year high for EBT Margin was 52.69% in Q1 2022, with the low at 46.29% in Q4 2023.
- The 5-year median for EBT Margin is 48.75% (2023), against an average of 49.09%.
- Peak annual rise in EBT Margin reached 569 bps in 2022, while the deepest fall reached 547 bps in 2022.
- Hess Midstream's EBT Margin stood at 49.64% in 2022, then dropped by 7 bps to 46.29% in 2023, then advanced by 6 bps to 49.18% in 2024, then declined by 1 bps to 48.67% in 2025, then declined by 2 bps to 47.65% in 2026.
- Business Quant data shows HESM's EBT Margin at 47.65% in Q1 2026, 48.67% in Q4 2025, and 49.18% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 26.04% |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 6.86% |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | 10.22% |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 7.93% |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | 81.49% |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 10.51% |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 32.88% |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 22.63% |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 69.92% |
| 10 | Hess Midstream | 5.08 Bn | 5.07 Bn | - | 51.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 51.33% |
| Mar 31, 2026 | 47.65% |
| Dec 31, 2025 | 48.67% |
| Sep 30, 2025 | 49.18% |
| Jun 30, 2025 | 50.50% |
| Mar 31, 2025 | 48.27% |
| Dec 31, 2024 | 49.18% |
| Sep 30, 2024 | 48.51% |
| Jun 30, 2024 | 48.24% |
| Mar 31, 2024 | 49.68% |
| Dec 31, 2023 | 46.29% |
| Sep 30, 2023 | 48.53% |
| Jun 30, 2023 | 48.22% |
| Mar 31, 2023 | 48.75% |
| Dec 31, 2022 | 49.64% |
| Sep 30, 2022 | 49.85% |
| Jun 30, 2022 | 50.70% |
| Mar 31, 2022 | 52.69% |
| Dec 31, 2021 | 53.90% |
| Sep 30, 2021 | 44.16% |