Hess Midstream (HESM) Income from Non-Controlling Interests (2019 - 2026)
Hess Midstream's Income from Non-Controlling Interests was $77.3 million in Q2 2026, down 13.5% from $89.4 million a year earlier but up 10.3% from the prior quarter.
Hess Midstream (HESM) Income from Non-Controlling Interests (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, Hess Midstream's Income from Non-Controlling Interests was $299.9 million through Jun 30, 2026, down 22.5% year-over-year; for FY2025, it was $331.7 million, down 23.9% from FY2024.
- Income from Non-Controlling Interests has now declined for four consecutive years, with a five-year compound annual growth rate of -6.4% (FY2020 to FY2025).
- In earlier years, Income from Non-Controlling Interests was $435.9 million in FY2024 (-10.9%), $489.1 million in FY2023 (-8.9%), $536.7 million in FY2022 (-6.1%) and $571.4 million in FY2021 (+24.0%).
- Quarterly Income from Non-Controlling Interests has moved between $70.1 million (Q1 2026) and $148.2 million (Q4 2021) over five years.
- Compared with a year earlier, Income from Non-Controlling Interests has declined for 15 straight quarters, with an average decline of 20.2% over the last eight quarters.
- The best year-over-year quarter for Income from Non-Controlling Interests over five years was Q4 2021 (growth of 17.9%); the worst was Q3 2025 (a decline of 26.7%).
- Per Business Quant data, HESM's Income from Non-Controlling Interests in the three quarters before Q2 2026 was $70.1 million (Q1 2026), $74.7 million (Q4 2025) and $77.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inc. Minority (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn | - |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn | - |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - | - |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn | - |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn | 27.00 Mn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn | -272.54 Mn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn | 13.10 Mn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn | 10.00 Mn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn | 574.00 Mn |
| 10 | Hess Midstream | 4.85 Bn | 4.83 Bn | - | 77.30 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.30 Mn |
| Mar 31, 2026 | 70.10 Mn |
| Dec 31, 2025 | 74.70 Mn |
| Sep 30, 2025 | 77.80 Mn |
| Jun 30, 2025 | 89.40 Mn |
| Mar 31, 2025 | 89.80 Mn |
| Dec 31, 2024 | 101.70 Mn |
| Sep 30, 2024 | 106.10 Mn |
| Jun 30, 2024 | 110.80 Mn |
| Mar 31, 2024 | 117.30 Mn |
| Dec 31, 2023 | 115.30 Mn |
| Sep 30, 2023 | 129.50 Mn |
| Jun 30, 2023 | 122.80 Mn |
| Mar 31, 2023 | 121.50 Mn |
| Dec 31, 2022 | 128.00 Mn |
| Sep 30, 2022 | 136.20 Mn |
| Jun 30, 2022 | 129.80 Mn |
| Mar 31, 2022 | 142.70 Mn |
| Dec 31, 2021 | 148.20 Mn |
| Sep 30, 2021 | 121.20 Mn |
Hess Midstream Income from Non-Controlling Interests API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=income-from-non-controlling-interests&ticker=HESM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "ticker": "HESM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=income-from-non-controlling-interests&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();