Growth Metrics

Hess Midstream (HESM) Net Margin (2018 - 2026)

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

  • For Q4 2025, Net Margin fell 1680.0% year-over-year to 41.26%; the TTM value through Dec 2025 reached 42.2%, down 580.0%, while the annual FY2025 figure was 42.23%, 581.0% down from the prior year.
  • Net Margin for Q4 2025 was 41.26% at Hess Midstream, down from 41.83% in the prior quarter.
  • Over five years, Net Margin peaked at 58.05% in Q4 2024 and troughed at 41.26% in Q4 2025.
  • A 5-year average of 47.79% and a median of 46.19% in 2023 define the central range for Net Margin.
  • Biggest five-year swings in Net Margin: skyrocketed 5370bps in 2021 and later plummeted -1680bps in 2025.
  • Year by year, Net Margin stood at 56.18% in 2021, then fell by -15bps to 47.72% in 2022, then increased by 12bps to 53.46% in 2023, then grew by 9bps to 58.05% in 2024, then dropped by -29bps to 41.26% in 2025.
  • Business Quant data shows Net Margin for HESM at 41.26% in Q4 2025, 41.83% in Q3 2025, and 43.46% in Q2 2025.