Hess Midstream (HESM) Return on Assets [ROA] (2020 - 2026)
Hess Midstream (HESM) reported Return on Assets [ROA] of 15.74% for Q2 2026, up 0.14 percentage points from 15.61% a year earlier and up 0.10 percentage points from the prior quarter.
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Analysis
Hess Midstream (HESM) Return on Assets [ROA] (2020 - 2026) Analysis & Trends
For FY2025, Hess Midstream posted Return on Assets [ROA] of 16.03%, down 0.56 percentage points from FY2024.
- Return on Assets [ROA] has a five-year change of +1.46 percentage points (FY2020 to FY2025).
- By year, Return on Assets [ROA] came in at 16.60% in FY2024 (+0.12 pp), 16.47% in FY2023 (-1.07 pp), 17.55% in FY2022 (-0.46 pp) and 18.01% in FY2021 (+3.43 pp).
- The Q2 2026 figure ranks as the highest quarterly Return on Assets [ROA] since Q4 2024.
- Year over year, Return on Assets [ROA] gained in 1 of the last eight quarters, with an average year-over-year change of -0.31 percentage points.
- The high point for year-over-year Return on Assets [ROA] in five years was Q3 2021 (a gain of 4.32 percentage points); the low point was Q3 2023 (a drop of 1.40 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 15.64% (Q1 2026), 15.51% (Q4 2025) and 15.54% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.05 Bn | 98.59 Bn | 4.84 Bn | 2.74% |
| 2 | Williams Companies | 84.68 Bn | 83.39 Bn | 2.54 Bn | 5.83% |
| 3 | Enterprise Products Partners | 77.03 Bn | 75.46 Bn | - | 7.85% |
| 4 | Energy Transfer | 69.18 Bn | 62.61 Bn | 7.40 Bn | 4.76% |
| 5 | Kinder Morgan | 67.95 Bn | 68.90 Bn | 3.07 Bn | 4.85% |
| 6 | Tc Energy | 61.01 Bn | 64.08 Bn | 2.81 Bn | - |
| 7 | Targa Resources | 59.91 Bn | 59.53 Bn | 2.14 Bn | 8.29% |
| 8 | Mplx | 57.11 Bn | 50.67 Bn | 2.91 Bn | 11.10% |
| 9 | Cheniere Energy | 56.26 Bn | 56.39 Bn | 5.29 Bn | 9.41% |
| 10 | Hess Midstream | 4.88 Bn | 4.87 Bn | - | 15.74% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.74% |
| Mar 31, 2026 | 15.64% |
| Dec 31, 2025 | 15.51% |
| Sep 30, 2025 | 15.54% |
| Jun 30, 2025 | 15.61% |
| Mar 31, 2025 | 15.65% |
| Dec 31, 2024 | 15.88% |
| Sep 30, 2024 | 15.61% |
| Jun 30, 2024 | 16.17% |
| Mar 31, 2024 | 16.40% |
| Dec 31, 2023 | 16.07% |
| Sep 30, 2023 | 16.27% |
| Jun 30, 2023 | 16.56% |
| Mar 31, 2023 | 16.83% |
| Dec 31, 2022 | 17.26% |
| Sep 30, 2022 | 17.66% |
| Jun 30, 2022 | 17.16% |
| Mar 31, 2022 | 17.73% |
| Dec 31, 2021 | 17.80% |
| Sep 30, 2021 | 17.10% |
API Access
Hess Midstream Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();