Hess Midstream (HESM) Return on Assets [ROA] (2020 - 2026)
Hess Midstream (HESM) reported Return on Assets [ROA] of 16.05% for Q3 2026, up 0.50 percentage points from 15.54% a year earlier and up 0.30 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 Q3 2026 figure ranks as the highest quarterly Return on Assets [ROA] since Q2 2024.
- Year over year, Return on Assets [ROA] gained in two of the last eight quarters, with an average year-over-year change of -0.16 percentage points.
- The high point for year-over-year Return on Assets [ROA] in five years was Q4 2021 (a gain of 3.42 percentage points); the low point was Q3 2023 (a drop of 1.40 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 15.74% (Q2 2026), 15.64% (Q1 2026) and 15.51% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 3.01% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 5.07% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 8.04% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 4.96% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 5.08% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 8.58% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 9.60% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 10.07% |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - | 16.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 16.05% |
| 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% |
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();