Hess Midstream (HESM) FCF Payout Ratio (2019 - 2026)

Hess Midstream (HESM) posted quarterly FCF Payout Ratio of 0.27 for Q1 2026, down 46.49% year-over-year from 0.5 in Q1 2025, and down 19.37% quarter-over-quarter from 0.33 in Q4 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 for Q1 2026 stood at 0.27, down from 0.33 in the prior quarter.
  • The five-year high for FCF Payout Ratio was 0.84 in Q1 2022, with the low at 0.27 in Q1 2026.
  • The 5-year median for FCF Payout Ratio is 0.65 (2022), against an average of 0.57.
  • The sharpest annual moves came in 2022 and 2025: FCF Payout Ratio grew 15.62% in 2022, then plunged 50.07% in 2025.
  • Hess Midstream's FCF Payout Ratio stood at 0.68 in 2022, then dropped by 20.96% to 0.54 in 2023, then retreated by 11.88% to 0.48 in 2024, then slumped by 30.71% to 0.33 in 2025, then slipped by 19.37% to 0.27 in 2026.
  • Business Quant data shows HESM's FCF Payout Ratio at 0.27 in Q1 2026, 0.33 in Q4 2025, and 0.33 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Cover (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 0.68
2 Enbridge 111.03 Bn 109.54 Bn 5.23 Bn 1.87
3 Enterprise Products Partners 83.34 Bn 82.44 Bn - 0.59
4 Energy Transfer 72.41 Bn 71.38 Bn 7.40 Bn 0.46
5 Tc Energy 65.97 Bn 58.41 Bn 1.24 Bn -0.14
6 Oneok 60.11 Bn 59.94 Bn 2.81 Bn 0.47
7 Mplx 60.04 Bn 59.01 Bn 2.73 Bn 1.25
8 Targa Resources 59.42 Bn 59.29 Bn 2.14 Bn 0.63
9 Cheniere Energy 56.10 Bn 54.85 Bn 5.29 Bn 0.48
10 Hess Midstream 5.08 Bn 5.07 Bn - 0.24

Historic Data

Download Data
DateValue
Jun 30, 2026 0.24
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