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
DateValue
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