Hess Midstream (HESM) FCF Margin (2019 - 2026)

Hess Midstream's FCF Margin history runs 8 years deep, the most recent figure standing at 57.76% for Q1 2026.

• In Q1 2026, FCF Margin rose 1658.0% year-over-year to 57.76%; the TTM figure through Mar 2026 stood at 48.81% (up 533.0% YoY), while the FY2025 annual figure was 44.91%, up 251.0% from the prior year.
• FCF Margin was 57.76% for Q1 2026 at Hess Midstream, up from 43.93% in the prior quarter.
• In the past five years, FCF Margin ranged from a high of 57.76% in Q1 2026 to a low of 35.12% in Q3 2024.
• Historically, FCF Margin has averaged 46.66% across 5 years, with a median of 44.91% in 2023.
• The sharpest annual moves came in 2022 and 2026: FCF Margin slumped 1711 bps in 2022, then surged 1658 bps in 2026.
• A 5-year view of FCF Margin shows it stood at 51.29% in 2022, then gained by 1 bps to 51.74% in 2023, then slipped by 20 bps to 41.27% in 2024, then advanced by 6 bps to 43.93% in 2025, then soared by 31 bps to 57.76% in 2026.
• The last three FCF Margin figures came in at 57.76% (Q1 2026), 43.93% (Q4 2025), and 42.5% (Q3 2025), per Business Quant data.