Hess Midstream reported a net margin of 43.53% for the quarter ended Jun 2026. These financial ratios cover 31 quarters of results from Dec 2018 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Ratios | Dec2018 | Mar2019 | Jun2019 | Sep2019 | Dec2019 | Mar2020 | Jun2020 | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | |||||||||||||||||||||||||||||||
| EBT Margin | 44.16% | 53.90% | 52.69% | 50.70% | 49.85% | 49.84% | 48.75% | 48.15% | 48.53% | 46.20% | 49.55% | 48.24% | 48.51% | 49.18% | 48.27% | 50.41% | 49.18% | 49.04% | 47.65% | 51.33% | |||||||||||
| EBIT Margin | 52.39% | 63.20% | 62.58% | 62.32% | 60.93% | 62.43% | 61.87% | 61.14% | 60.59% | 58.93% | 62.43% | 60.82% | 61.22% | 61.38% | 62.15% | 62.82% | 61.51% | 62.25% | 61.04% | 63.46% | |||||||||||
| EBITDA Margin | 66.04% | 76.95% | 76.79% | 76.68% | 74.52% | 77.18% | 77.41% | 75.65% | 73.73% | 73.07% | 76.43% | 74.64% | 74.82% | 74.34% | 75.63% | 75.33% | 74.96% | 75.66% | 76.03% | 77.09% | |||||||||||
| Operating Margin | 52.39% | 63.20% | 62.58% | 62.32% | 60.93% | 62.43% | 61.87% | 61.14% | 60.59% | 58.93% | 62.43% | 60.82% | 61.22% | 61.38% | 62.15% | 62.82% | 61.51% | 62.25% | 61.04% | 63.46% | |||||||||||
| Net Margin | 43.14% | 52.20% | 51.09% | 48.44% | 47.61% | 47.62% | 46.62% | 45.65% | 45.39% | 42.86% | 45.53% | 43.86% | 43.51% | 43.47% | 42.25% | 43.38% | 41.70% | 28.23% | 40.43% | 43.53% | |||||||||||
| FCF Margin | 37.74% | 57.00% | 43.47% | 50.19% | 50.42% | 51.18% | 44.07% | 49.88% | 44.84% | 51.64% | 36.70% | 56.83% | 35.03% | 41.27% | 41.07% | 51.55% | 42.50% | 44.26% | 57.55% | 64.04% | |||||||||||
| Efficiency | |||||||||||||||||||||||||||||||
| Assets AverageAssets Avg. | 3,421.10M | 3,470.70M | 3,484.05M | 3,540.60M | 3,600.10M | 3,594.85M | 3,583.35M | 3,619.10M | 3,717.60M | 3,782.50M | 3,826.15M | 3,956.45M | 4,098.50M | 4,148.95M | 4,207.30M | 4,343.35M | 4,430.40M | 4,413.00M | 4,352.75M | 4,286.90M | |||||||||||
| Invested CapitalInvested Cap. | 3,297.40M | 3,334.20M | 3,347.60M | 3,453.10M | 3,452.50M | 3,414.60M | 3,442.80M | 3,503.50M | 3,593.60M | 3,574.60M | 3,707.10M | 3,862.90M | 3,931.60M | 3,937.20M | 4,084.70M | 4,222.00M | 4,367.40M | 4,340.30M | 4,181.80M | 4,232.10M | |||||||||||
| Asset Utilization RatioAsset Util. | 0.34 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.35 | 0.36 | 0.37 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.36 | 0.37 | 0.37 | 0.38 | |||||||||||
| Leverage & Solvency | |||||||||||||||||||||||||||||||
| Debt Ratio | 0.76 | 0.74 | 0.74 | 0.82 | 0.82 | 0.80 | 0.84 | 0.84 | 0.83 | 0.85 | 0.86 | 0.85 | 0.84 | 0.84 | 0.84 | 0.84 | 0.86 | 0.86 | 0.88 | 0.87 | |||||||||||
| Dividends & Payouts | |||||||||||||||||||||||||||||||
| Dividend Coverage RatioDiv. Cover | 1.00 | 1.47 | 1.41 | 1.41 | 1.46 | 1.36 | 1.27 | 1.32 | 1.56 | 1.53 | 1.74 | 1.71 | 1.91 | 2.21 | 2.07 | 2.56 | 3.02 | 1.93 | 2.64 | 2.86 | |||||||||||
| FCF Payout RatioFCF Cover | 1.14 | 0.62 | 0.84 | 0.68 | 0.65 | 0.68 | 0.83 | 0.70 | 0.65 | 0.54 | 0.71 | 0.45 | 0.65 | 0.48 | 0.50 | 0.33 | 0.33 | 0.33 | 0.27 | 0.24 | |||||||||||
| Dividend YieldDiv. Yield | 18.56% | 1.64% | 11.23% | 8.73% | 9.70% | 8.37% | 8.75% | 6.44% | 5.32% | 1,769,050.19% | 3.22% | 2.81% | 2.35% | 1,581,729.15% | 1.58% | 1.39% | 1.30% | 0.81% | 1.20% | 1.26% | |||||||||||
| Payout Ratio | 1.00 | 0.68 | 0.71 | 0.71 | 0.68 | 0.74 | 0.78 | 0.76 | 0.64 | 0.65 | 0.57 | 0.58 | 0.52 | 0.45 | 0.48 | 0.39 | 0.33 | 0.52 | 0.38 | 0.35 | |||||||||||
| Valuation | |||||||||||||||||||||||||||||||
| Price to EarningsP/E | 5.38 | 41.29 | 6.33 | 8.12 | 7.04 | 8.79 | 8.97 | 11.79 | 12.08 | 0.00 | 17.84 | 20.78 | 22.29 | 0.00 | 30.60 | 28.09 | 25.47 | 63.86 | 31.64 | 27.78 | |||||||||||
| Price to SalesP/S | 2.32 | 21.55 | 3.24 | 3.93 | 3.35 | 4.18 | 4.18 | 5.38 | 5.48 | 0.00 | 8.12 | 9.11 | 9.70 | 0.00 | 12.93 | 12.19 | 10.62 | 18.03 | 12.79 | 12.10 | |||||||||||
| Price to BookP/B | 1.05 | 9.05 | 1.29 | 2.53 | 2.19 | 2.49 | 2.91 | 4.01 | 4.47 | 0.00 | 7.56 | 8.27 | 8.31 | 0.00 | 9.63 | 9.94 | 7.81 | 12.82 | 13.31 | 9.38 | |||||||||||
| Enterprise Value | 702.65M | 6,814.12M | 1,008.00M | 1,229.68M | 1,120.35M | 1,313.47M | 1,272.47M | 1,741.42M | 1,987.98M | -5.39M | 2,883.36M | 3,231.80M | 3,660.30M | -4.30M | 4,932.47M | 5,043.57M | 4,465.01M | 7,284.50M | 4,984.40M | 4,820.99M | |||||||||||
| EV to EBIT | 4.41 | 34.09 | 5.16 | 6.30 | 5.49 | 6.69 | 6.74 | 8.79 | 9.04 | -0.03 | 12.99 | 14.54 | 15.80 | -0.02 | 20.78 | 19.38 | 17.25 | 28.95 | 20.93 | 19.04 | |||||||||||
| EV to EBITDA | 3.50 | 28.00 | 4.20 | 5.12 | 4.49 | 5.41 | 5.39 | 7.10 | 7.43 | -0.02 | 10.61 | 11.85 | 12.92 | -0.01 | 17.07 | 16.17 | 14.15 | 23.82 | 16.81 | 15.67 | |||||||||||
| Market Capitalization | 705.25M | 6,816.32M | 1,011.00M | 1,232.08M | 1,122.95M | 1,316.57M | 1,276.07M | 1,744.42M | 1,991.28M | 0.01M | 2,887.56M | 3,331.40M | 3,670.60M | 0.00M | 4,938.57M | 5,048.07M | 4,470.51M | 7,286.40M | 4,989.00M | 4,825.99M | |||||||||||
| Price to FCFP/FCF | 6.15 | 37.81 | 7.44 | 7.83 | 6.65 | 8.18 | 9.49 | 10.79 | 12.23 | 0.00 | 22.13 | 16.04 | 27.68 | 0.00 | 31.48 | 23.64 | 24.99 | 40.73 | 22.22 | 18.89 | |||||||||||
| EV to FCF | 6.13 | 37.79 | 7.42 | 7.82 | 6.64 | 8.16 | 9.47 | 10.78 | 12.21 | -0.03 | 22.09 | 15.56 | 27.60 | -0.03 | 31.44 | 23.62 | 24.96 | 40.72 | 22.20 | 18.87 | |||||||||||
| EV to CFO | 3.86 | 30.49 | 5.29 | 5.77 | 4.77 | 5.90 | 6.40 | 8.51 | 9.22 | -0.02 | 15.56 | 11.90 | 16.28 | -0.02 | 24.37 | 18.21 | 17.25 | 29.66 | 19.68 | 17.30 | |||||||||||
| Return Ratios | |||||||||||||||||||||||||||||||
| Return on Sales [ROS]ROS | 52.39% | 63.20% | 62.58% | 62.32% | 60.93% | 62.43% | 61.87% | 61.14% | 60.59% | 58.93% | 62.43% | 60.82% | 61.22% | 61.38% | 62.15% | 62.82% | 61.51% | 62.25% | 61.04% | 63.46% | |||||||||||
| Return on Capital Employed [ROCE]ROCE | 20.97% | 22.04% | 22.16% | 22.13% | 23.08% | 23.03% | 22.77% | 22.68% | 22.66% | 22.87% | 23.17% | 23.23% | 22.85% | 23.39% | 23.24% | 23.54% | 23.76% | 23.86% | 24.18% | 24.54% | |||||||||||
| Return on Invested Capital [ROIC]ROIC | 20.41% | 21.43% | 21.56% | 21.33% | 22.15% | 22.10% | 21.86% | 21.62% | 21.46% | 21.45% | 21.77% | 21.32% | 20.75% | 21.06% | 20.76% | 20.57% | 20.16% | 18.29% | 18.56% | 18.58% | |||||||||||
| Return on Assets [ROA]ROA | 17.10% | 17.80% | 17.73% | 17.16% | 17.66% | 17.26% | 16.83% | 16.56% | 16.27% | 16.07% | 16.40% | 16.17% | 15.61% | 15.88% | 15.65% | 15.61% | 15.54% | 14.29% | 14.40% | 14.49% |