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Hess Midstream HESM Pre-Tax Income

Pre-Tax Income at other companies

Enbridge logo
EnbridgeENB
236,500,000,000%-82,200,000,000pp
Oneok logo
OneokOKE
$1.02B+15.0%
TRG
Targa ResourcesTRGP
$611.3M+73.7%
Enterprise Products Partners logo
Enterprise Products PartnersEPD
$1.52B+6.2%
National Fuel Gas logo
National Fuel GasNFG
$330.4M+14.8%
Antero Midstream Corporation logo
Antero Midstream CorporationAM
$155.91M-0.6%

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:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

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 pre-tax income?
Hess Midstream (HESM) reported pre-tax income of $185.9M in Q1 2026.
How has Hess Midstream's pre-tax income changed year-over-year?
Hess Midstream's pre-tax income increased by 0.8% year-over-year, from $184.4M to $185.9M.
What is the long-term trend for Hess Midstream's pre-tax income?
Over 4 years (2021 to 2025), Hess Midstream's pre-tax income has grown at a 6.0% compound annual growth rate (CAGR), from $632.4M to $798.4M.
What does pre-tax income mean?
Total income from all sources — operating income plus non-operating items like interest income, investment gains, and other income — before the provision for income taxes.