Hess Midstream (HESM) EV to EBIT (2019 - 2026)
Hess Midstream's (HESM) EV to EBIT stood at 4.66 in Q3 2026, up 7.9% from 4.32 a year earlier but down 0.5% from the prior quarter.
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Analysis
Hess Midstream (HESM) EV to EBIT (2019 - 2026) Analysis & Trends
On a TTM basis, Hess Midstream's EV to EBIT came in at 4.65 as of Sep 30, 2026, up 8.0% year-over-year; for FY2025, it was 7.10, up 53.3% from FY2024.
- Across earlier years, EV to EBIT came in at 4.63 in FY2024 (-33.0%), 6.91 in FY2023 (+242.3%), 2.02 in FY2022 (-80.1%) and 10.13 in FY2021 (+276.3%).
- Quarterly EV to EBIT has ranged from 1.74 in Q3 2022 to 10.13 in Q4 2021 over the past five years.
- On a year-over-year basis, EV to EBIT rose in five of the last eight quarters, with growth averaging 14.3%.
- Peak year-over-year performance for EV to EBIT in the last five years was growth of 276.3% in Q4 2021, against a decline of 80.1% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.69 (Q2 2026), 4.80 (Q1 2026) and 7.10 (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.66 |
| Jun 30, 2026 | 4.69 |
| Mar 31, 2026 | 4.80 |
| Dec 31, 2025 | 7.10 |
| Sep 30, 2025 | 4.32 |
| Jun 30, 2025 | 5.06 |
| Mar 31, 2025 | 5.18 |
| Dec 31, 2024 | 4.63 |
| Sep 30, 2024 | 4.03 |
| Jun 30, 2024 | 3.63 |
| Mar 31, 2024 | 3.36 |
| Dec 31, 2023 | 6.91 |
| Sep 30, 2023 | 2.57 |
| Jun 30, 2023 | 2.38 |
| Mar 31, 2023 | 1.89 |
| Dec 31, 2022 | 2.02 |
| Sep 30, 2022 | 1.74 |
| Jun 30, 2022 | 1.96 |
| Mar 31, 2022 | 2.14 |
| Dec 31, 2021 | 10.13 |
API Access
Hess Midstream EV to EBIT 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-ebit&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebit", "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-ebit&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();