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Hess Midstream HESM Terminaling And Export — Depreciation

Other segment segments

Gathering
$37.7M+16.4%
Processing And Storage
$16.4M+11.6%

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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

Reported directly by Hess Midstream in its filing.

Tagged under the XBRL concept us-gaap:Depreciation.

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 terminaling and export — depreciation?
Hess Midstream (HESM) reported terminaling and export — depreciation of $4.4M in Q1 2026.
How has Hess Midstream's terminaling and export — depreciation changed year-over-year?
Hess Midstream's terminaling and export — depreciation decreased by 0.0% year-over-year, from $4.4M to $4.4M.
What is the long-term trend for Hess Midstream's terminaling and export — depreciation?
Over 4 years (2021 to 2025), Hess Midstream's terminaling and export — depreciation has grown at a 1.9% compound annual growth rate (CAGR), from $16.2M to $17.5M.
What does terminaling and export — depreciation mean?
Reflects the systematic allocation of the cost of tangible assets, such as storage tanks and export terminals, over their estimated useful lives. This non-cash expense provides insight into the capital intensity of the segment and the ongoing consumption of its asset base. It is a critical component for calculating the true economic cost of maintaining infrastructure.