Where do Hess Midstream's ratios come from?

Every ratio is computed from Hess Midstream's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Hess Midstream HESM Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	Q1 '26	Q4 '25	Q3 '25	Q2 '25	Q1 '25
Profitability
Operating margin	61.9%+0.5pp	62.2%+0.7pp	62%+1.1pp	61.9%+1.2pp	61.4%+0.6pp
Net margin	22.6%+6.2pp	21.8%+6.8pp	20.5%+7.4pp	18.5%+6.9pp	16.4%+6.2pp
EBITDA margin	75.5%+0.6pp	75.4%+0.4pp	75.1%+0.3pp	75%+0.6pp	74.9%+0.2pp
Free cash flow margin	48.8%+5.4pp	44.9%+2.5pp	44.2%-0.8pp	42.4%-5.1pp	43.4%-2.3pp
Returns
Return on assets	8.6%+2.4pp	8.3%+2.6pp	7.7%+2.9pp	6.9%+2.5pp	6.2%+2.3pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Liquidity
Current ratio	0.9×+0.1×	0.8×+0.2×	0.7×+0.1×	0.7×-0.4×	0.8×-0.1×
Quick ratio	0.9×+0.1×	0.8×+0.2×	0.7×+0.1×	0.7×-0.4×	0.8×-0.1×
Cash ratio	0×0.0×	0×0.0×	0×0.0×	0×-0.5×	0×0.0×
Leverage
Debt-to-assets	0.9×0.0×	0.9×0.0×	0.9×0.0×	0.8×0.0×	0.8×0.0×
Net debt / EBITDA	3.1×-0.1×	3.1×0.0×	3.1×-0.1×	3.1×0.0×	3.1×0.0×
Valuation
Market capitalization	$5.03B+1.9%	$4.46B+15.8%	$4.53B+23.4%	$5.01B+50.4%	$4.94B+71.0%
Enterprise value	$8.8B+3.5%	$8.23B+12.5%	$8.32B+16.3%	$8.72B+30.3%	$8.5B+36.9%
Price / earnings	13.6×-6.1×	12.6×-4.6×	13.7×-5.6×	17.2×-2.7×	19.7×-0.5×
Price / sales	3.1×-0.2×	2.8×+0.2×	2.8×+0.3×	3.2×+0.9×	3.2×+1.2×
EV / EBITDA	7.2×-0.3×	6.7×+0.2×	6.9×+0.3×	7.4×+1.2×	7.5×+1.5×
EV / sales	5.4×-0.2×	5.1×+0.2×	5.2×+0.2×	5.6×+0.9×	5.6×+1.1×
Free cash flow yield	15.8%+2.4pp	16.3%-0.1pp	15.7%-2.1pp	13.3%-7.3pp	13.4%-8.7pp
Earnings yield	7.3%+2.3pp	7.9%+2.1pp	7.3%+2.1pp	5.8%+0.8pp	5.1%+0.1pp
PEG ratio	0.3×0.0×	0.2×0.0×	0.2×0.0×	0.2×0.0×	0.3×-0.1×

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Where do Hess Midstream's ratios come from?: Every ratio is computed from Hess Midstream's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.