Hess Midstream (HESM) Price to Book (2018 - 2026)
Hess Midstream's Price to Book came in at 9.38 for Q2 2026, down 5.7% from 9.94 a year earlier and down 29.5% from the prior quarter.
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Analysis
Hess Midstream (HESM) Price to Book (2018 - 2026) Analysis & Trends
For FY2025, Hess Midstream's Price to Book was 12.82.
- Going back by year, Price to Book was 0.00 in FY2024 (-31.7%), 0.00 in FY2023 (-100.0%), 2.49 in FY2022 (-72.5%) and 9.05 in FY2021.
- The five-year range for quarterly Price to Book is 0.00 (Q4 2024) to 13.31 (Q1 2026).
- Year-over-year, Price to Book increased in four of the last seven quarters, with growth averaging 18.3%.
- The fastest year-over-year change in Price to Book over five years came in Q2 2022 (growth of 467.1%), and the weakest in Q4 2023 (a decline of 100.0%).
- Business Quant data shows HESM's Price to Book at 13.31 (Q1 2026), 12.82 (Q4 2025) and 7.81 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 101.05 Bn | 98.59 Bn | 4.84 Bn |
| 2 | Williams Companies | 84.68 Bn | 83.39 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 77.03 Bn | 75.46 Bn | - |
| 4 | Energy Transfer | 69.18 Bn | 62.61 Bn | 7.40 Bn |
| 5 | Kinder Morgan | 67.95 Bn | 68.90 Bn | 3.07 Bn |
| 6 | Tc Energy | 61.01 Bn | 64.08 Bn | 2.81 Bn |
| 7 | Targa Resources | 59.91 Bn | 59.53 Bn | 2.14 Bn |
| 8 | Mplx | 57.11 Bn | 50.67 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 56.26 Bn | 56.39 Bn | 5.29 Bn |
| 10 | Hess Midstream | 4.88 Bn | 4.87 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.38 |
| Mar 31, 2026 | 13.31 |
| Dec 31, 2025 | 12.82 |
| Sep 30, 2025 | 7.81 |
| Jun 30, 2025 | 9.94 |
| Mar 31, 2025 | 9.63 |
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | 8.31 |
| Jun 30, 2024 | 8.27 |
| Mar 31, 2024 | 7.56 |
| Dec 31, 2023 | 0.00 |
| Sep 30, 2023 | 4.47 |
| Jun 30, 2023 | 4.01 |
| Mar 31, 2023 | 2.91 |
| Dec 31, 2022 | 2.49 |
| Sep 30, 2022 | 2.19 |
| Jun 30, 2022 | 2.53 |
| Mar 31, 2022 | 1.29 |
| Dec 31, 2021 | 9.05 |
| Sep 30, 2021 | 1.05 |
API Access
Hess Midstream Price to Book 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=price-to-book&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-book", "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=price-to-book&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();