Hess Midstream (HESM) Equity Ratio (2018 - 2026)

Hess Midstream (HESM) recorded quarterly Equity Ratio of 0.09 in Q1 2026, down 13.0% quarter-over-quarter from 0.1 in Q4 2025, and down 27.83% on a YoY basis from 0.12 in Q1 2025.

Hess Midstream (HESM) Equity Ratio (2018 - 2026) Analysis & Trends

Hess Midstream's Equity Ratio history runs 9 years deep, the most recent figure standing at 0.09 for Q1 2026.

  • In Q1 2026, Equity Ratio fell 27.83% year-over-year to 0.09; the TTM figure through Mar 2026 stood at 0.09 (down 27.83% YoY), while the FY2025 annual figure was 0.1, down 10.98% from the prior year.
  • Equity Ratio was 0.09 for Q1 2026 at Hess Midstream, down from 0.1 in the prior quarter.
  • In the past five years, Equity Ratio ranged from a high of 0.22 in Q1 2022 to a low of 0.09 in Q1 2026.
  • Historically, Equity Ratio has averaged 0.12 across 5 years, with a median of 0.12 in 2023.
  • The sharpest annual moves came in 2022 and 2025: Equity Ratio tumbled 67.66% in 2022, then climbed 21.74% in 2025.
  • A 5-year view of Equity Ratio shows it stood at 0.15 in 2022, then slumped by 34.99% to 0.1 in 2023, then advanced by 16.95% to 0.11 in 2024, then decreased by 10.98% to 0.1 in 2025, then retreated by 13.0% to 0.09 in 2026.
  • The last three Equity Ratio figures came in at 0.09 (Q1 2026), 0.1 (Q4 2025), and 0.13 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 0.28
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 0.38
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 0.43
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 0.23
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 0.33
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 0.12
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 0.33
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 0.23
10 Hess Midstream 4.98 Bn 4.97 Bn - 0.09

Historic Data

Download Data
DateValue
Mar 31, 2026 0.09
Dec 31, 2025 0.10
Sep 30, 2025 0.13
Jun 30, 2025 0.11
Mar 31, 2025 0.12
Dec 31, 2024 0.11
Sep 30, 2024 0.11
Jun 30, 2024 0.10
Mar 31, 2024 0.10
Dec 31, 2023 0.10
Sep 30, 2023 0.12
Jun 30, 2023 0.12
Mar 31, 2023 0.12
Dec 31, 2022 0.15
Sep 30, 2022 0.14
Jun 30, 2022 0.14
Mar 31, 2022 0.22
Dec 31, 2021 0.22
Sep 30, 2021 0.19
Jun 30, 2021 0.42