Growth Metrics

Hess Midstream (HESM) Net Margin (2018 - 2025)

Hess Midstream has reported Net Margin over the past 8 years, most recently at 41.26% for Q4 2025.

  • Quarterly results put Net Margin at 41.26% for Q4 2025, down 1680.0% from a year ago — trailing twelve months through Dec 2025 was 42.2% (down 580.0% YoY), and the annual figure for FY2025 was 42.23%, down 581.0%.
  • Net Margin for Q4 2025 was 41.26% at Hess Midstream, down from 41.83% in the prior quarter.
  • Over the last five years, Net Margin for HESM hit a ceiling of 58.05% in Q4 2024 and a floor of 41.26% in Q4 2025.
  • Median Net Margin over the past 5 years was 46.19% (2023), compared with a mean of 47.79%.
  • Biggest five-year swings in Net Margin: soared 5370bps in 2021 and later crashed -1680bps in 2025.
  • Hess Midstream's Net Margin stood at 56.18% in 2021, then decreased by -15bps to 47.72% in 2022, then grew by 12bps to 53.46% in 2023, then rose by 9bps to 58.05% in 2024, then fell by -29bps to 41.26% in 2025.
  • The last three reported values for Net Margin were 41.26% (Q4 2025), 41.83% (Q3 2025), and 43.46% (Q2 2025) per Business Quant data.