Hess Midstream (HESM) Price to Earnings (2019 - 2026)
Hess Midstream's Price to Earnings came in at 12.87 for Q2 2026, down 25.8% from 17.35 a year earlier and down 4.8% from the prior quarter.
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Analysis
Hess Midstream (HESM) Price to Earnings (2019 - 2026) Analysis & Trends
For FY2025, Hess Midstream's Price to Earnings was 20.65.
- Going back by year, Price to Earnings was 0.00 in FY2024 (-53.5%), 0.00 in FY2023 (-100.0%), 15.69 in FY2022 (-89.3%) and 146.90 in FY2021 (+899.3%).
- The Q2 2026 figure represents the lowest quarterly Price to Earnings since Q4 2024.
- The fastest year-over-year change in Price to Earnings over five years came in Q4 2021 (growth of 899.3%), and the weakest in Q4 2023 (a decline of 100.0%).
- Business Quant data shows HESM's Price to Earnings at 13.52 (Q1 2026), 20.65 (Q4 2025) and 13.55 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn |
| 10 | Hess Midstream | 4.85 Bn | 4.83 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.87 |
| Mar 31, 2026 | 13.52 |
| Dec 31, 2025 | 20.65 |
| Sep 30, 2025 | 13.55 |
| Jun 30, 2025 | 17.35 |
| Mar 31, 2025 | 19.75 |
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | 19.30 |
| Jun 30, 2024 | 19.96 |
| Mar 31, 2024 | 20.26 |
| Dec 31, 2023 | 0.00 |
| Sep 30, 2023 | 19.35 |
| Jun 30, 2023 | 19.21 |
| Mar 31, 2023 | 14.55 |
| Dec 31, 2022 | 15.69 |
| Sep 30, 2022 | 14.21 |
| Jun 30, 2022 | 18.75 |
| Mar 31, 2022 | 18.48 |
| Dec 31, 2021 | 146.90 |
| Sep 30, 2021 | 19.54 |
API Access
Hess Midstream Price to Earnings 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-earnings&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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-earnings&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();