Hess Midstream LP Ratios (2018-2025) | HESM

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
Profitability
EBT Margin 49.54%42.62%39.10%40.67%29.59%44.94%40.59%44.41%50.43%56.13%56.17%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%
EBIT Margin 49.54%50.53%47.92%46.21%35.62%52.54%48.85%51.81%58.05%63.19%62.96%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%
EBITDA Margin 49.54%68.25%66.53%62.96%50.41%65.78%63.27%66.73%73.06%77.11%76.66%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%
Operating Margin 49.54%50.53%47.92%46.21%35.62%52.54%48.85%51.81%58.05%63.19%62.96%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%
Net Margin 49.54%9.12%8.30%8.28%6.23%2.24%1.96%2.11%2.48%55.26%54.95%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%
FCF Margin 21.89%46.93%4.05%9.78%21.35%40.18%19.15%44.80%48.03%67.37%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%
Efficiency
Assets Average 3,296.10M3,319.05M3,347.65M3,373.10M3,381.55M3,387.50M3,421.10M3,470.70M3,484.05M3,540.60M3,600.10M3,594.85M3,583.35M3,619.10M3,717.60M3,782.50M3,826.15M3,956.45M4,098.50M4,148.95M4,207.30M4,343.35M4,430.40M
Equity Average 1,336.25M1,333.80M1,323.20M1,322.60M1,355.55M1,401.85M1,043.85M711.10M767.45M634.65M500.70M521.45M483.75M436.65M440.05M404.25M372.45M392.15M422.20M486.25M566.00M618.15M603.75M
Invested Capital 1,887.40M1,332.10M3,155.00M3,154.90M3,222.20M1,336.00M3,283.80M3,250.90M3,281.70M773.10M3,342.70M3,424.90M3,422.90M531.50M3,428.60M3,503.50M3,593.60M375.70M3,707.10M3,862.90M3,931.60M553.20M4,173.10M4,349.40M4,367.40M
Asset Utilization Ratio 0.290.310.320.320.320.330.340.350.350.350.350.350.350.350.350.360.370.360.360.360.360.360.36
Leverage & Solvency
Debt to Equity 0.521.321.351.381.441.441.371.293.903.403.286.035.665.456.827.067.078.848.718.597.906.545.945.856.63
Debt Ratio 0.330.530.550.550.560.570.560.540.760.740.740.820.810.800.840.840.830.850.860.850.840.840.840.840.86
Equity Ratio 0.630.410.400.400.390.390.410.420.190.220.220.140.140.150.120.120.120.100.100.100.110.130.140.140.13
Dividends & Payouts
FCF Payout Ratio 3.766.691.831.062.290.990.860.591.140.620.840.680.650.680.830.700.650.540.710.450.650.480.500.330.33
Valuation
Enterprise Value 817.41M1,157.03M1,065.19M1,052.08M1,235.59M561.01M5,208.54M4,292.12M5,563.99M6,375.76M7,181.22M8,024.71M7,234.94M7,596.42M7,379.65M6,118.38M7,173.23M6,937.67M7,247.35M6,783.17M7,259.07M8,172.35M8,046.41M7,778.09M3,849.46M4,930.70M4,492.64M4,523.47M
Market Capitalization 926.71M1,157.03M1,065.19M1,052.08M1,238.89M564.11M5,211.04M4,295.12M5,566.59M6,377.26M7,185.02M8,027.31M7,237.14M7,599.42M7,382.05M6,120.98M7,176.33M6,941.27M7,250.35M6,786.47M7,264.47M8,176.55M8,146.01M7,788.39M3,853.76M4,936.80M4,497.14M4,528.97M
Return Ratios
Return on Sales 0.43%0.37%0.39%0.39%0.40%0.44%0.47%0.51%0.51%0.51%0.50%0.49%0.50%0.49%0.48%0.47%0.46%0.45%0.45%0.44%0.44%0.44%0.43%0.43%0.43%
Return on Capital Employed 0.14%0.15%0.16%0.18%0.18%0.20%0.21%0.22%0.22%0.22%0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.23%0.24%0.24%
Return on Invested Capital 0.25%0.26%0.20%0.20%0.35%0.35%0.21%0.22%0.38%0.38%0.22%0.21%0.39%0.39%0.21%0.21%0.37%0.35%0.20%0.20%
Return on Assets 0.11%0.12%0.13%0.14%0.15%0.17%0.17%0.18%0.18%0.17%0.18%0.17%0.17%0.17%0.16%0.16%0.16%0.16%0.16%0.16%0.16%0.16%0.16%
Return on Equity 0.27%0.30%0.32%0.37%0.38%0.41%0.56%0.87%0.81%0.96%1.27%1.19%1.25%1.37%1.37%1.50%1.68%1.63%1.52%1.36%1.16%1.10%1.14%