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Hess Midstream HESM Asset turnover

Asset turnover at other companies

Enbridge logo
EnbridgeENB
0.3×0.0×
Oneok logo
OneokOKE
0.5×+0.1×
Energy Transfer logo
Energy TransferET
0.7×0.0×
TRG
Targa ResourcesTRGP
0.7×-0.1×
Enterprise Products Partners logo
Enterprise Products PartnersEPD
0.7×-0.1×
National Fuel Gas logo
National Fuel GasNFG
0.3×0.0×

Other financials

Income statement

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Revenue$390.1M+2.1%
Operating income$238.1M+0.3%
Net income$87.6M+22.3%

Balance sheet

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Cash & equivalents$4.6M-24.6%
Total debt$3.8B+5.6%
Total assets$4.3B+1.3%

Cash flow

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Operating cash flow$253.3M+25.1%
CapEx$28.8M-36.7%
Free cash flow$224.5M+43.1%

Valuation

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Market cap$4.72B+1.9%
Enterprise value$8.49B+3.5%
P/E12.8×-5.7×
P/S2.9×-0.1×

Profitability

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Operating margin61.9%+0.5pp
Net margin22.6%+6.2pp
FCF margin48.8%+5.4pp

Returns & leverage

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Current ratio0.9×+0.1×

Where this comes from

Calculated from Hess Midstream’s reported figures.

Based on trailing twelve months.

The official record: Hess Midstream’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Hess Midstream's asset turnover?
Hess Midstream (HESM) reported asset turnover of 0.4× in Q1 2026.
How has Hess Midstream's asset turnover changed year-over-year?
Hess Midstream's asset turnover increased by 1.4% year-over-year, from 0.4× to 0.4×.
What is the long-term trend for Hess Midstream's asset turnover?
Over 5 years (2020 to 2025), Hess Midstream's asset turnover has grown at a 3.0% compound annual growth rate (CAGR), from 0.3× to 0.4×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.