Hess Midstream (HESM) Price to FCF (2019 - 2026)
Hess Midstream's Price to FCF was 5.76 in Q2 2026, down 24.0% from 7.58 a year earlier and down 8.1% from the prior quarter.
Powered by 
Analysis
Hess Midstream (HESM) Price to FCF (2019 - 2026) Analysis & Trends
For FY2025, Price to FCF at Hess Midstream came in at 10.01.
- In earlier years, Price to FCF was 0.00 in FY2024 (-11.3%), 0.00 in FY2023 (-100.0%), 2.11 in FY2022 (-80.4%) and 10.78 in FY2021 (+940.7%).
- The Q2 2026 figure marks the lowest quarterly Price to FCF since Q4 2024.
- Compared with a year earlier, Price to FCF was higher in four of the last seven quarters, with growth averaging 22.3%.
- The best year-over-year quarter for Price to FCF over five years was Q4 2021 (growth of 940.7%); the worst was Q4 2023 (a decline of 100.0%).
- Per Business Quant data, HESM's Price to FCF in the three quarters before Q2 2026 was 6.27 (Q1 2026), 10.01 (Q4 2025) and 6.27 (Q3 2025).
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 | 5.76 |
| Mar 31, 2026 | 6.27 |
| Dec 31, 2025 | 10.01 |
| Sep 30, 2025 | 6.27 |
| Jun 30, 2025 | 7.58 |
| Mar 31, 2025 | 7.48 |
| Dec 31, 2024 | 0.00 |
| Sep 30, 2024 | 5.60 |
| Jun 30, 2024 | 4.86 |
| Mar 31, 2024 | 4.52 |
| Dec 31, 2023 | 0.00 |
| Sep 30, 2023 | 3.21 |
| Jun 30, 2023 | 2.79 |
| Mar 31, 2023 | 2.05 |
| Dec 31, 2022 | 2.11 |
| Sep 30, 2022 | 1.75 |
| Jun 30, 2022 | 2.10 |
| Mar 31, 2022 | 1.61 |
| Dec 31, 2021 | 10.78 |
| Sep 30, 2021 | 1.23 |
API Access
Hess Midstream Price to FCF 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-fcf&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-fcf", "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-fcf&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();