Hess Midstream (HESM) EV to CFO (2019 - 2026)
Hess Midstream's (HESM) EV to CFO came in at 4.65 for Q2 2026, down 11.2% from 5.24 a year earlier and down 3.4% from the prior quarter.
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Analysis
Hess Midstream (HESM) EV to CFO (2019 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EV to CFO at Hess Midstream was 4.64, down 11.1% year-over-year; for FY2025, it was 7.40.
- In prior years, Hess Midstream's EV to CFO was 0.00 in FY2024, -0.01 in FY2023, 1.53 in FY2022 (-82.2%) and 8.57 in FY2021.
- Quarterly EV to CFO has run from a low of -0.01 in Q4 2023 to a high of 8.57 in Q4 2021 over five years.
- On a year-over-year basis, EV to CFO increased in four of the last six quarters, with growth averaging 27.4%.
- The strongest year-over-year quarter for EV to CFO in the past five years was Q1 2024, with growth of 130.9%; the weakest was Q4 2022, with a decline of 82.2%.
- According to Business Quant data, EV to CFO for the three prior quarters was 4.82 (Q1 2026), 7.40 (Q4 2025) and 4.48 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn |
| 10 | Hess Midstream | 4.80 Bn | 4.78 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.65 |
| Mar 31, 2026 | 4.82 |
| Dec 31, 2025 | 7.40 |
| Sep 30, 2025 | 4.48 |
| Jun 30, 2025 | 5.24 |
| Mar 31, 2025 | 5.15 |
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | 3.94 |
| Jun 30, 2024 | 3.51 |
| Mar 31, 2024 | 3.38 |
| Dec 31, 2023 | -0.01 |
| Sep 30, 2023 | 2.36 |
| Jun 30, 2023 | 2.02 |
| Mar 31, 2023 | 1.46 |
| Dec 31, 2022 | 1.53 |
| Sep 30, 2022 | 1.30 |
| Jun 30, 2022 | 1.52 |
| Mar 31, 2022 | 1.23 |
| Dec 31, 2021 | 8.57 |
| Sep 30, 2021 | 0.94 |
API Access
Hess Midstream EV to CFO 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=ev-to-cfo&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "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=ev-to-cfo&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();