Hess Midstream HESM
NYSE HESM
$39.91 +0.07 (+0.18%)
At close: Sep 4, 2026 · 4:00 PM EDT

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

Hess Midstream (HESM) posted Free Cash Flow of $255.5 million for Q2 2026, up 13.81% on a QoQ basis from $224.5 million in Q1 2026, and up 19.67% year-over-year from $213.5 million in Q2 2025.

Analysis

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

Hess Midstream has reported Free Cash Flow for 8 years, with the latest figure at $255.5 million in Q2 2026.

  • On a quarterly basis, Free Cash Flow rose 19.67% year-over-year to $255.5 million in Q2 2026; TTM through Jun 2026 was $837.8 million, a 25.72% increase from a year earlier, with the FY2025 full-year figure at $728.2 million, up 14.82% from the prior year.
  • Free Cash Flow was $255.5 million for Q2 2026 at Hess Midstream, up from $224.5 million in the prior quarter.
  • The five-year high for Free Cash Flow was $255.5 million in Q2 2026, with the low at $130.5 million in Q1 2024.
  • Average Free Cash Flow over 5 years is $172.7 million, with a median of $163.1 million recorded in 2023.
  • The largest YoY upside for Free Cash Flow was 47.17% in 2022 against a maximum downside of 20.8% in 2022.
  • Over 5 years, Free Cash Flow stood at $161.0 million in 2022, then grew by 14.35% to $184.1 million in 2023, then decreased by 11.24% to $163.4 million in 2024, then climbed by 9.49% to $178.9 million in 2025, then surged by 42.82% to $255.5 million in 2026.
  • The last three Free Cash Flow figures came in at $255.5 million (Q2 2026), $224.5 million (Q1 2026), and $178.9 million (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Kinder Morgan 111.69 Bn 112.81 Bn 3.07 Bn 978.00 Mn
2 Enterprise Products Partners 84.07 Bn 83.21 Bn - 2.02 Bn
3 Energy Transfer 74.03 Bn 73.00 Bn 7.40 Bn 2.71 Bn
4 Tc Energy 65.16 Bn 64.62 Bn 1.80 Bn 2.66 Bn
5 Targa Resources 62.18 Bn 62.19 Bn 2.14 Bn 431.20 Mn
6 Mplx 60.51 Bn 59.48 Bn 2.73 Bn 877.00 Mn
7 Oneok 60.16 Bn 60.09 Bn 2.81 Bn 1.44 Bn
8 Enbridge 54.38 Bn 54.88 Bn 5.23 Bn 821.24 Mn
9 Pembina Pipeline 28.12 Bn 27.76 Bn 933.00 Mn 1.12 Bn
10 Hess Midstream 5.12 Bn 5.12 Bn - 255.50 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 255.50 Mn
Mar 31, 2026 224.50 Mn
Dec 31, 2025 178.90 Mn
Sep 30, 2025 178.90 Mn
Jun 30, 2025 213.50 Mn
Mar 31, 2025 156.90 Mn
Dec 31, 2024 163.40 Mn
Sep 30, 2024 132.60 Mn
Jun 30, 2024 207.70 Mn
Mar 31, 2024 130.50 Mn
Dec 31, 2023 184.10 Mn
Sep 30, 2023 162.80 Mn
Jun 30, 2023 161.60 Mn
Mar 31, 2023 134.40 Mn
Dec 31, 2022 161.00 Mn
Sep 30, 2022 168.80 Mn
Jun 30, 2022 157.30 Mn
Mar 31, 2022 135.80 Mn
Dec 31, 2021 180.30 Mn
Sep 30, 2021 114.70 Mn