Growth Metrics

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

Hess Midstream (HESM) has 8 years of Net Margin data on record, last reported at 41.39% in Q4 2025.

  • For Q4 2025, Net Margin fell 1666.0% year-over-year to 41.39%; the TTM value through Dec 2025 reached 42.23%, down 581.0%, while the annual FY2025 figure was 42.23%, 581.0% down from the prior year.
  • Net Margin reached 41.39% in Q4 2025 per HESM's latest filing, down from 41.7% in the prior quarter.
  • Across five years, Net Margin topped out at 58.05% in Q4 2024 and bottomed at 41.39% in Q4 2025.
  • Average Net Margin over 5 years is 47.76%, with a median of 46.14% recorded in 2023.
  • Peak YoY movement for Net Margin: surged 5303bps in 2021, then plummeted -1666bps in 2025.
  • A 5-year view of Net Margin shows it stood at 56.18% in 2021, then decreased by -16bps to 47.42% in 2022, then grew by 12bps to 53.16% in 2023, then grew by 9bps to 58.05% in 2024, then decreased by -29bps to 41.39% in 2025.
  • Per Business Quant database, its latest 3 readings for Net Margin were 41.39% in Q4 2025, 41.7% in Q3 2025, and 43.46% in Q2 2025.