Hess Midstream (HESM) Price to Sales (2019 - 2026)
Hess Midstream's Price to Sales came in at 2.99 for Q3 2026, up 7.9% from 2.77 a year earlier and unchanged from the prior quarter.
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Analysis
Hess Midstream (HESM) Price to Sales (2019 - 2026) Analysis & Trends
For FY2025, Hess Midstream's Price to Sales was 4.49, up 55.5% from FY2024.
- Going back by year, Price to Sales was 2.89 in FY2024 (-30.7%), 4.17 in FY2023 (+304.1%), 1.03 in FY2022 (-81.8%) and 5.66 in FY2021.
- The five-year range for quarterly Price to Sales is 0.82 (Q1 2022) to 5.66 (Q4 2021).
- Year-over-year, Price to Sales increased in five of the last eight quarters, with growth averaging 15.8%.
- The fastest year-over-year change in Price to Sales over five years came in Q4 2023 (growth of 304.1%), and the weakest in Q4 2022 (a decline of 81.8%).
- Business Quant data shows HESM's Price to Sales at 2.99 (Q2 2026), 3.06 (Q1 2026) and 4.49 (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 2.99 |
| Jun 30, 2026 | 2.99 |
| Mar 31, 2026 | 3.06 |
| Dec 31, 2025 | 4.49 |
| Sep 30, 2025 | 2.77 |
| Jun 30, 2025 | 3.21 |
| Mar 31, 2025 | 3.25 |
| Dec 31, 2024 | 2.89 |
| Sep 30, 2024 | 2.52 |
| Jun 30, 2024 | 2.31 |
| Mar 31, 2024 | 2.06 |
| Dec 31, 2023 | 4.17 |
| Sep 30, 2023 | 1.52 |
| Jun 30, 2023 | 1.36 |
| Mar 31, 2023 | 1.01 |
| Dec 31, 2022 | 1.03 |
| Sep 30, 2022 | 0.88 |
| Jun 30, 2022 | 0.99 |
| Mar 31, 2022 | 0.82 |
| Dec 31, 2021 | 5.66 |
API Access
Hess Midstream Price to Sales 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-sales&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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-sales&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();