Hess Midstream (HESM) Non-Current Assets (2018 - 2026)
Hess Midstream's Non-Current Assets came in at $4.03 billion for Q3 2026, down 5.6% from $4.27 billion a year earlier and down 1.7% from the prior quarter.
Hess Midstream (HESM) Non-Current Assets (2018 - 2026) Analysis & Trends
At the end of FY2025, Hess Midstream's Non-Current Assets was $4.23 billion, up 5.7% from FY2024.
- Non-Current Assets has increased in each of the last seven years, with a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- Going back by year, Non-Current Assets was $4 billion in FY2024 (+9.6%), $3.65 billion in FY2023 (+5.7%), $3.46 billion in FY2022 (+3.1%) and $3.35 billion in FY2021 (+2.4%).
- The Q3 2026 figure represents the lowest quarterly Non-Current Assets since Q4 2024.
- Year-over-year, Non-Current Assets increased in six of the last eight quarters, with growth averaging 4.4%.
- The fastest year-over-year change in Non-Current Assets over five years came in Q2 2025 (growth of 11.4%), and the weakest in Q3 2026 (a decline of 5.6%).
- Business Quant data shows HESM's Non-Current Assets at $4.1 billion (Q2 2026), $4.15 billion (Q1 2026) and $4.23 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 153.36 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 65.95 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 66.18 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 71.93 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 125.24 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 26.69 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 44.12 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 40.79 Bn |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - | 4.03 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.03 Bn |
| Jun 30, 2026 | 4.10 Bn |
| Mar 31, 2026 | 4.15 Bn |
| Dec 31, 2025 | 4.23 Bn |
| Sep 30, 2025 | 4.27 Bn |
| Jun 30, 2025 | 4.27 Bn |
| Mar 31, 2025 | 4.11 Bn |
| Dec 31, 2024 | 4.00 Bn |
| Sep 30, 2024 | 3.99 Bn |
| Jun 30, 2024 | 3.84 Bn |
| Mar 31, 2024 | 3.72 Bn |
| Dec 31, 2023 | 3.65 Bn |
| Sep 30, 2023 | 3.64 Bn |
| Jun 30, 2023 | 3.55 Bn |
| Mar 31, 2023 | 3.46 Bn |
| Dec 31, 2022 | 3.46 Bn |
| Sep 30, 2022 | 3.45 Bn |
| Jun 30, 2022 | 3.44 Bn |
| Mar 31, 2022 | 3.34 Bn |
| Dec 31, 2021 | 3.35 Bn |
Hess Midstream Non-Current Assets 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=non-current-assets&ticker=HESM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-assets", "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=non-current-assets&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();