Hess Midstream (HESM) FCF Payout Ratio (2019 - 2026)
Hess Midstream (HESM) posted FCF Payout Ratio of 0.24 for Q2 2026, down 10.81% on a QoQ basis from 0.27 in Q1 2026, and down 27.64% year-over-year from 0.33 in Q2 2025.
Analysis
Hess Midstream (HESM) FCF Payout Ratio (2019 - 2026) Analysis & Trends
Hess Midstream has reported FCF Payout Ratio for 8 years, with the latest figure at 0.24 in Q2 2026.
- On a quarterly basis, FCF Payout Ratio fell 27.64% year-over-year to 0.24 in Q2 2026; TTM through Jun 2026 was 0.28, a 39.47% decrease from a year earlier, with the FY2025 full-year figure at 0.36, down 34.09% from the prior year.
- FCF Payout Ratio was 0.24 for Q2 2026 at Hess Midstream, down from 0.27 in the prior quarter.
- The five-year high for FCF Payout Ratio was 0.84 in Q1 2022, with the low at 0.24 in Q2 2026.
- Average FCF Payout Ratio over 5 years is 0.55, with a median of 0.59 recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: FCF Payout Ratio rose 15.62% in 2022, then plunged 50.07% in 2025.
- Over 5 years, FCF Payout Ratio stood at 0.68 in 2022, then fell by 20.96% to 0.54 in 2023, then slipped by 11.88% to 0.48 in 2024, then slumped by 30.71% to 0.33 in 2025, then decreased by 28.08% to 0.24 in 2026.
- The last three FCF Payout Ratio figures came in at 0.24 (Q2 2026), 0.27 (Q1 2026), and 0.33 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn | 0.68 |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - | 0.59 |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn | 0.46 |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn | -0.10 |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn | 0.63 |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn | 1.25 |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn | 0.47 |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn | 1.87 |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn | -0.38 |
| 10 | Hess Midstream | 5.12 Bn | 5.12 Bn | - | 0.24 |
Historic Data
Download Data
Historic 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 |