Hess Midstream (HESM) EBT Margin (2018 - 2026)
Hess Midstream (HESM) posted EBT Margin of 51.33% for Q2 2026, up 7.71% on a QoQ basis from 47.65% in Q1 2026, and up 92.0% year-over-year from 26.73% in Q2 2025.
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Hess Midstream (HESM) EBT Margin (2018 - 2026) Analysis & Trends
Hess Midstream has reported EBT Margin for 9 years, with the latest figure at 51.33% in Q2 2026.
- On a quarterly basis, EBT Margin rose 92.0% year-over-year to 51.33% in Q2 2026; TTM through Jun 2026 was 49.31%, a 18.0% increase from a year earlier, with the FY2025 full-year figure at 49.24%, up 38.0% from the prior year.
- EBT Margin was 51.33% for Q2 2026 at Hess Midstream, up from 47.65% in the prior quarter.
- The five-year high for EBT Margin was 52.69% in Q1 2022, with the low at 46.2% in Q4 2023.
- Average EBT Margin over 5 years is 49.23%, with a median of 49.11% recorded in 2024.
- The largest YoY upside for EBT Margin was 569 bps in 2022 against a maximum downside of 547 bps in 2022.
- Over 5 years, EBT Margin stood at 49.84% in 2022, then retreated by 7 bps to 46.2% in 2023, then gained by 6 bps to 49.18% in 2024, then slipped by 0 bps to 49.04% in 2025, then gained by 5 bps to 51.33% in 2026.
- The last three EBT Margin figures came in at 51.33% (Q2 2026), 47.65% (Q1 2026), and 49.04% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 26.04% |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 10.22% |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 7.93% |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | 36.72% |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 22.63% |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 32.88% |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 10.51% |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 6.86% |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | 30.30% |
| 10 | Hess Midstream | 5.12 Bn | 5.12 Bn | - | 51.33% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.33% |
| Mar 31, 2026 | 47.65% |
| Dec 31, 2025 | 49.04% |
| Sep 30, 2025 | 49.18% |
| Jun 30, 2025 | 50.41% |
| Mar 31, 2025 | 48.27% |
| Dec 31, 2024 | 49.18% |
| Sep 30, 2024 | 48.51% |
| Jun 30, 2024 | 48.24% |
| Mar 31, 2024 | 49.55% |
| Dec 31, 2023 | 46.20% |
| Sep 30, 2023 | 48.53% |
| Jun 30, 2023 | 48.15% |
| Mar 31, 2023 | 48.75% |
| Dec 31, 2022 | 49.84% |
| 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% |