Hess Midstream (HESM) EV to EBIT (2019 - 2026)
Hess Midstream's (HESM) EV to EBIT stood at 4.81 in Q2 2026, down 7.2% from 5.19 a year earlier and down 2.6% from the prior quarter.
Hess Midstream (HESM) EV to EBIT (2019 - 2026) Analysis & Trends
On a TTM basis, Hess Midstream's EV to EBIT came in at 4.80 as of Jun 30, 2026, down 7.1% year-over-year; for FY2025, it was 7.23.
- Across earlier years, EV to EBIT came in at 0.00 in FY2024, -0.01 in FY2023, 1.66 in FY2022 (-82.3%) and 9.37 in FY2021.
- Quarterly EV to EBIT has ranged from -0.01 in Q4 2023 to 9.37 in Q4 2021 over the past five years.
- On a year-over-year basis, EV to EBIT rose in four of the last six quarters, with growth averaging 26.2%.
- Peak year-over-year performance for EV to EBIT in the last five years was growth of 109.1% in Q1 2024, against a decline of 82.3% in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at 4.94 (Q1 2026), 7.23 (Q4 2025) and 4.47 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 104.84 Bn | 100.44 Bn | 4.84 Bn |
| 2 | Williams Companies | 89.20 Bn | 87.92 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 79.12 Bn | 77.51 Bn | - |
| 4 | Kinder Morgan | 75.45 Bn | 75.15 Bn | 3.07 Bn |
| 5 | Energy Transfer | 69.26 Bn | 62.44 Bn | 7.40 Bn |
| 6 | Tc Energy | 64.74 Bn | 60.82 Bn | 2.81 Bn |
| 7 | Targa Resources | 63.52 Bn | 63.00 Bn | 2.14 Bn |
| 8 | Cheniere Energy | 59.48 Bn | 54.30 Bn | 5.29 Bn |
| 9 | Mplx | 59.26 Bn | 52.82 Bn | 2.91 Bn |
| 10 | Hess Midstream | 4.00 Bn | 3.98 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.81 |
| Mar 31, 2026 | 4.94 |
| Dec 31, 2025 | 7.23 |
| Sep 30, 2025 | 4.47 |
| Jun 30, 2025 | 5.19 |
| Mar 31, 2025 | 5.28 |
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | 4.13 |
| Jun 30, 2024 | 3.70 |
| Mar 31, 2024 | 3.39 |
| Dec 31, 2023 | -0.01 |
| Sep 30, 2023 | 2.48 |
| Jun 30, 2023 | 2.21 |
| Mar 31, 2023 | 1.62 |
| Dec 31, 2022 | 1.66 |
| Sep 30, 2022 | 1.41 |
| Jun 30, 2022 | 1.64 |
| Mar 31, 2022 | 1.36 |
| Dec 31, 2021 | 9.37 |
| Sep 30, 2021 | 1.03 |
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_KEY
import 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();