Hess Midstream (HESM) Free Cash Flow (2019 - 2026)

Hess Midstream (HESM) posted Free Cash Flow of $224.5 million for Q1 2026, up 25.49% on a QoQ basis from $178.9 million in Q4 2025, and up 43.08% year-on-year from $156.9 million in Q1 2025.

Hess Midstream (HESM) Free Cash Flow (2019 - 2026) Analysis & Trends

Hess Midstream has disclosed Free Cash Flow across 8 years of filings, most recently posting $224.5 million for Q1 2026.

  • Free Cash Flow for Q1 2026 came in at $224.5 million, up 43.08% year-over-year; the trailing twelve-month figure through Mar 2026 was $795.8 million (up 20.47% YoY), and the FY2025 annual result was $728.2 million, up 14.82% from the prior year.
  • Free Cash Flow came in at $224.5 million for Q1 2026 at Hess Midstream, up from $178.9 million in the prior quarter.
  • Over the last five years, Free Cash Flow for HESM reached as high as $224.5 million in Q1 2026 and fell as low as $130.5 million in Q1 2024.
  • Median Free Cash Flow over the past 5 years was $162.8 million (2023), compared with a mean of $167.8 million.
  • On a YoY basis, Free Cash Flow climbed as much as 47.17% in 2022 and fell as far as 20.8% in 2022.
  • Over 5 years, Free Cash Flow stood at $161.0 million in 2022, then climbed by 14.35% to $184.1 million in 2023, then retreated by 11.24% to $163.4 million in 2024, then advanced by 9.49% to $178.9 million in 2025, then advanced by 25.49% to $224.5 million in 2026.
  • Per Business Quant, the three latest HESM Free Cash Flow figures stand at $224.5 million (Q1 2026), $178.9 million (Q4 2025), and $178.9 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn -70.73 Mn
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 1.36 Bn
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 486.00 Mn
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 1.46 Bn
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn -160.00 Mn
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 772.00 Mn
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 70.00 Mn
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 879.00 Mn
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn -2.42 Bn
10 Hess Midstream 4.86 Bn 4.85 Bn - 224.50 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 224.50 Mn
Mar 31, 2026 224.50 Mn
Dec 31, 2025 178.90 Mn
Dec 31, 2025 178.90 Mn
Sep 30, 2025 178.90 Mn
Sep 30, 2025 178.90 Mn
Jun 30, 2025 213.50 Mn
Jun 30, 2025 213.50 Mn
Mar 31, 2025 156.90 Mn
Mar 31, 2025 156.90 Mn
Dec 31, 2024 163.40 Mn
Dec 31, 2024 163.40 Mn
Sep 30, 2024 132.60 Mn
Sep 30, 2024 132.60 Mn
Jun 30, 2024 207.70 Mn
Jun 30, 2024 207.70 Mn
Mar 31, 2024 130.50 Mn
Mar 31, 2024 130.50 Mn
Dec 31, 2023 184.10 Mn
Dec 31, 2023 184.10 Mn