Hess Midstream (HESM) Return on Sales [ROS] (2018 - 2026)
Hess Midstream's Return on Sales [ROS] came in at 63.98% for Q3 2026, up 2.47 percentage points from 61.51% a year earlier and up 0.53 percentage points from the prior quarter.
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Analysis
Hess Midstream (HESM) Return on Sales [ROS] (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Hess Midstream reported Return on Sales [ROS] of 62.70%, up 0.73 percentage points year-over-year; for FY2025, it was 62.18%, up 0.73 percentage points from FY2024.
- Return on Sales [ROS] carries a five-year change of +9.38 percentage points (FY2020 to FY2025).
- Going back by year, Return on Sales [ROS] was 61.45% in FY2024 (+0.88 pp), 60.57% in FY2023 (-1.47 pp), 62.05% in FY2022 (+1.64 pp) and 60.41% in FY2021 (+7.61 pp).
- The Q3 2026 figure represents the highest quarterly Return on Sales [ROS] in data going back to Q4 2018.
- Year-over-year, Return on Sales [ROS] increased in six of the last eight quarters, with an average year-over-year change of +0.92 percentage points.
- The fastest year-over-year change in Return on Sales [ROS] over five years came in Q3 2022 (a gain of 8.55 percentage points), and the weakest in Q4 2023 (a drop of 3.49 percentage points).
- Business Quant data shows HESM's Return on Sales [ROS] at 63.46% (Q2 2026), 61.04% (Q1 2026) and 62.25% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROS (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 10.14% |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 35.25% |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 11.09% |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 25.60% |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | - |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 7.50% |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 19.58% |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 31.02% |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | 40.94% |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - | 63.98% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 63.98% |
| Jun 30, 2026 | 63.46% |
| Mar 31, 2026 | 61.04% |
| Dec 31, 2025 | 62.25% |
| Sep 30, 2025 | 61.51% |
| Jun 30, 2025 | 62.82% |
| Mar 31, 2025 | 62.15% |
| Dec 31, 2024 | 61.38% |
| Sep 30, 2024 | 61.22% |
| Jun 30, 2024 | 60.82% |
| Mar 31, 2024 | 62.43% |
| Dec 31, 2023 | 58.93% |
| Sep 30, 2023 | 60.59% |
| Jun 30, 2023 | 61.14% |
| Mar 31, 2023 | 61.87% |
| Dec 31, 2022 | 62.43% |
| Sep 30, 2022 | 60.93% |
| Jun 30, 2022 | 62.32% |
| Mar 31, 2022 | 62.58% |
| Dec 31, 2021 | 63.20% |
API Access
Hess Midstream Return on Sales [ROS] 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-sales-%5Bros%5D&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-sales-[ros]", "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-sales-%5Bros%5D&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();