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Hess Midstream HESM Cumulative Cost Basis

Cumulative Cost Basis at other companies

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Other financials

Income statement

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Revenue$399.0M-3.7%
Operating income$253.2M-2.7%
Net income$96.4M+6.8%

Balance sheet

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Cash & equivalents$5.0M+11.1%
Total debt$3.7B-0.9%
Total assets$4.3B-3.8%

Cash flow

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Operating cash flow$278.6M+0.6%
CapEx$23.1M-63.6%
Free cash flow$255.5M+19.7%

Valuation

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Market cap$5.13B-6.4%
Enterprise value$8.8B-4.2%
P/E13.7×-5.2×
P/S3.2×-0.3×

Profitability

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Operating margin62.1%+0.2pp
Net margin23.2%+4.7pp
FCF margin51.9%+9.5pp

Returns & leverage

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Current ratio0.8×+0.1×

Where this comes from

Reported directly by Hess Midstream in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentGross.

The source filing: Hess Midstream’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338055
Line itemJune 30, 2026December 31, 2025
Other current assets0.96.9
Total current assets157.2159.0
Equity investments83.281.5
Property, plant and equipment, at cost5,415.85,374.6
Accumulated depreciation(2,117.1)(2,004.8)
Property, plant and equipment, net3,298.73,369.8
Deferred tax asset713.5773.9
Other noncurrent assets4.04.1

Item 1. Financial Statements

FAQ

What is Hess Midstream's cumulative cost basis?
Hess Midstream (HESM) reported cumulative cost basis of $5.42B in Q2 2026.
What does cumulative cost basis mean?
The aggregate historical cost basis of assets or liabilities before adjustments for fair value, impairment, or amortization.

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