Growth Metrics

Hess Midstream (HESM) FCF Margin (2019 - 2025)

Hess Midstream (HESM) has 7 years of FCF Margin data on record, last reported at 44.07% in Q4 2025.

  • For Q4 2025, FCF Margin rose 308.0% year-over-year to 44.07%; the TTM value through Dec 2025 reached 44.91%, up 251.0%, while the annual FY2025 figure was 44.91%, 251.0% up from the prior year.
  • FCF Margin reached 44.07% in Q4 2025 per HESM's latest filing, up from 42.5% in the prior quarter.
  • Across five years, FCF Margin topped out at 67.37% in Q2 2021 and bottomed at 35.12% in Q3 2024.
  • Average FCF Margin over 5 years is 47.27%, with a median of 46.43% recorded in 2021.
  • Peak YoY movement for FCF Margin: surged 2719bps in 2021, then crashed -1711bps in 2022.
  • A 5-year view of FCF Margin shows it stood at 57.0% in 2021, then decreased by -11bps to 50.97% in 2022, then rose by 2bps to 52.01% in 2023, then decreased by -21bps to 40.99% in 2024, then rose by 8bps to 44.07% in 2025.
  • Per Business Quant database, its latest 3 readings for FCF Margin were 44.07% in Q4 2025, 42.5% in Q3 2025, and 51.63% in Q2 2025.