Hess Midstream (HESM) FCF Payout Ratio (2019 - 2026)
Hess Midstream (HESM) recorded quarterly FCF Payout Ratio of 0.27 in Q1 2026, down 19.37% quarter-over-quarter from 0.33 in Q4 2025, and down 46.49% on a YoY basis from 0.5 in Q1 2025.
Hess Midstream (HESM) FCF Payout Ratio (2019 - 2026) Analysis & Trends
Hess Midstream's FCF Payout Ratio history runs 8 years deep, the most recent figure standing at 0.27 for Q1 2026.
- In Q1 2026, FCF Payout Ratio fell 46.49% year-over-year to 0.27; the TTM figure through Mar 2026 stood at 0.31 (down 38.93% YoY), while the FY2025 annual figure was 0.36, down 34.09% from the prior year.
- FCF Payout Ratio was 0.27 for Q1 2026 at Hess Midstream, down from 0.33 in the prior quarter.
- In the past five years, FCF Payout Ratio ranged from a high of 0.84 in Q1 2022 to a low of 0.27 in Q1 2026.
- Historically, FCF Payout Ratio has averaged 0.57 across 5 years, with a median of 0.65 in 2022.
- The sharpest annual moves came in 2022 and 2025: FCF Payout Ratio increased 15.62% in 2022, then sank 50.07% in 2025.
- A 5-year view of FCF Payout Ratio shows it stood at 0.68 in 2022, then declined by 20.96% to 0.54 in 2023, then decreased by 11.88% to 0.48 in 2024, then tumbled by 30.71% to 0.33 in 2025, then dropped by 19.37% to 0.27 in 2026.
- The last three FCF Payout Ratio figures came in at 0.27 (Q1 2026), 0.33 (Q4 2025), and 0.33 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | -1.10 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.05 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.03 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.80 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.42 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | -1.37 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 9.63 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | -1.61 |
| 10 | Hess Midstream | 4.98 Bn | 4.97 Bn | - | 0.27 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.27 |
| Dec 31, 2025 | 0.33 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 0.33 |
| Mar 31, 2025 | 0.50 |
| Dec 31, 2024 | 0.48 |
| Sep 30, 2024 | 0.65 |
| Jun 30, 2024 | 0.45 |
| Mar 31, 2024 | 0.71 |
| Dec 31, 2023 | 0.54 |
| Sep 30, 2023 | 0.65 |
| Jun 30, 2023 | 0.70 |
| Mar 31, 2023 | 0.83 |
| Dec 31, 2022 | 0.68 |
| Sep 30, 2022 | 0.65 |
| Jun 30, 2022 | 0.68 |
| Mar 31, 2022 | 0.84 |
| Dec 31, 2021 | 0.62 |
| Sep 30, 2021 | 1.14 |
| Jun 30, 2021 | 0.59 |