Hess Midstream (HESM) Payout Ratio (2019 - 2026)
Hess Midstream (HESM) posted Payout Ratio of 0.35 for Q2 2026, down 7.84% on a QoQ basis from 0.38 in Q1 2026, and down 10.42% year-over-year from 0.39 in Q2 2025.
Analysis
Hess Midstream (HESM) Payout Ratio (2019 - 2026) Analysis & Trends
Hess Midstream has reported Payout Ratio for 8 years, with the latest figure at 0.35 in Q2 2026.
- On a quarterly basis, Payout Ratio fell 10.42% year-over-year to 0.35 in Q2 2026; TTM through Jun 2026 was 0.38, a 16.93% decrease from a year earlier, with the FY2025 full-year figure at 0.42, down 20.92% from the prior year.
- Payout Ratio was 0.35 for Q2 2026 at Hess Midstream, down from 0.38 in the prior quarter.
- The five-year high for Payout Ratio was 0.78 in Q1 2023, with the low at 0.33 in Q3 2025.
- Average Payout Ratio over 5 years is 0.57, with a median of 0.58 recorded in 2024.
- The largest YoY upside for Payout Ratio was 14.43% in 2025 against a maximum downside of 36.78% in 2025.
- Over 5 years, Payout Ratio stood at 0.74 in 2022, then retreated by 11.39% to 0.65 in 2023, then tumbled by 30.56% to 0.45 in 2024, then advanced by 14.43% to 0.52 in 2025, then plunged by 32.53% to 0.35 in 2026.
- The last three Payout Ratio figures came in at 0.35 (Q2 2026), 0.38 (Q1 2026), and 0.52 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Hess Midstream | 5.12 Bn | 5.12 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.35 |
| Mar 31, 2026 | 0.38 |
| Dec 31, 2025 | 0.52 |
| Sep 30, 2025 | 0.33 |
| Jun 30, 2025 | 0.39 |
| Mar 31, 2025 | 0.48 |
| Dec 31, 2024 | 0.45 |
| Sep 30, 2024 | 0.52 |
| Jun 30, 2024 | 0.58 |
| Mar 31, 2024 | 0.57 |
| Dec 31, 2023 | 0.65 |
| Sep 30, 2023 | 0.64 |
| Jun 30, 2023 | 0.76 |
| Mar 31, 2023 | 0.78 |
| Dec 31, 2022 | 0.74 |
| Sep 30, 2022 | 0.68 |
| Jun 30, 2022 | 0.71 |
| Mar 31, 2022 | 0.71 |
| Dec 31, 2021 | 0.68 |
| Sep 30, 2021 | 1.00 |