Hess Midstream (HESM) Other Non-Current Assets (2018 - 2026)
Hess Midstream (HESM) recorded Other Assets of $3.4 million in Q3 2026, down 27.7% from $4.7 million a year earlier and down 15.0% from the prior quarter.
Hess Midstream (HESM) Other Non-Current Assets (2018 - 2026) Analysis & Trends
At the end of FY2025, Hess Midstream reported Other Assets of $4.1 million, down 35.9% from FY2024.
- Annual Other Assets has declined for three straight years, with a five-year compound annual growth rate of -16.3% (FY2020 to FY2025).
- Across earlier years, Other Assets came in at $6.4 million in FY2024 (-25.6%), $8.6 million in FY2023 (-23.9%), $11.3 million in FY2022 (+44.9%) and $7.8 million in FY2021 (-22.0%).
- The Q3 2026 figure is the lowest quarterly Other Assets in data going back to Q4 2018.
- On a year-over-year basis, Other Assets has declined for 13 consecutive quarters, with an average decline of 28.5% over the last eight quarters.
- Peak year-over-year performance for Other Assets in the last five years was growth of 53.8% in Q2 2023, against a decline of 35.9% in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $4 million (Q2 2026), $4.7 million (Q1 2026) and $4.1 million (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Other Non-Current Assets (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 9.65 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 1.94 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 1.01 Bn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 1.30 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 1.85 Bn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 2.51 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 360.00 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 2.10 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 1.23 Bn |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - | 3.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 3.40 Mn |
| Jun 30, 2026 | 4.00 Mn |
| Mar 31, 2026 | 4.70 Mn |
| Dec 31, 2025 | 4.10 Mn |
| Sep 30, 2025 | 4.70 Mn |
| Jun 30, 2025 | 5.40 Mn |
| Mar 31, 2025 | 6.10 Mn |
| Dec 31, 2024 | 6.40 Mn |
| Sep 30, 2024 | 7.00 Mn |
| Jun 30, 2024 | 7.70 Mn |
| Mar 31, 2024 | 8.40 Mn |
| Dec 31, 2023 | 8.60 Mn |
| Sep 30, 2023 | 9.20 Mn |
| Jun 30, 2023 | 10.00 Mn |
| Mar 31, 2023 | 10.60 Mn |
| Dec 31, 2022 | 11.30 Mn |
| Sep 30, 2022 | 12.00 Mn |
| Jun 30, 2022 | 6.50 Mn |
| Mar 31, 2022 | 7.10 Mn |
| Dec 31, 2021 | 7.80 Mn |
Hess Midstream Other 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=other-non-current-assets&ticker=HESM&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-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=other-non-current-assets&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();