Hess Midstream (HESM) Equity Income (2019 - 2026)
Hess Midstream (HESM) reported Equity Income of $2.4 million for Q3 2026, down 53.8% from $5.2 million a year earlier and down 60.7% from the prior quarter.
Hess Midstream (HESM) Equity Income (2019 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Hess Midstream's Equity Income came in at $15 million, down 9.1% year-over-year; for FY2025, it was $15.9 million, up 13.6% from FY2024.
- Equity Income has increased for three consecutive years, with a five-year compound annual growth rate of 9.1% (FY2020 to FY2025).
- By year, Equity Income came in at $14 million in FY2024 (+81.8%), $7.7 million in FY2023 (+45.3%), $5.3 million in FY2022 (-50.0%) and $10.6 million in FY2021 (+2.9%).
- Five-year quarterly Equity Income spans a low of $400,000 in Q1 2022 and a high of $6.1 million in Q2 2026.
- Year over year, Equity Income gained in five of the last eight quarters, with growth averaging 14.3%.
- The high point for year-over-year Equity Income in five years was Q1 2023 (growth of 300.0%); the low point was Q1 2022 (a decline of 85.2%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $6.1 million (Q2 2026), $3.2 million (Q1 2026) and $3.3 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 369.31 Mn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 157.00 Mn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 87.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 231.00 Mn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 349.31 Mn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 112.00 Mn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 10.20 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | - |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 282.00 Mn |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - | 2.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.40 Mn |
| Jun 30, 2026 | 6.10 Mn |
| Mar 31, 2026 | 3.20 Mn |
| Dec 31, 2025 | 3.30 Mn |
| Sep 30, 2025 | 5.20 Mn |
| Jun 30, 2025 | 4.00 Mn |
| Mar 31, 2025 | 3.40 Mn |
| Dec 31, 2024 | 3.90 Mn |
| Sep 30, 2024 | 3.70 Mn |
| Jun 30, 2024 | 3.70 Mn |
| Mar 31, 2024 | 2.70 Mn |
| Dec 31, 2023 | 2.40 Mn |
| Sep 30, 2023 | 2.00 Mn |
| Jun 30, 2023 | 1.70 Mn |
| Mar 31, 2023 | 1.60 Mn |
| Dec 31, 2022 | 1.10 Mn |
| Sep 30, 2022 | 2.80 Mn |
| Jun 30, 2022 | 1.00 Mn |
| Mar 31, 2022 | 400,000.00 |
| Dec 31, 2021 | 2.00 Mn |
Hess Midstream Equity Income 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=equity-income&ticker=HESM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "equity-income", "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=equity-income&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();