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| Date | Value |
|---|---|
| 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 |