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

Simplified Detailed

	FY'25	FY'24	FY'23	FY'22
Profitability
Operating margin	62.2%+0.7pp	61.5%+0.9pp	60.6%-1.5pp	62%+1.6pp
Net margin	21.8%+6.8pp	14.9%+6.1pp	8.8%+2.2pp	6.6%+2.7pp
EBITDA margin	75.4%+0.4pp	75%+0.2pp	74.8%-1.4pp	76.3%+2.1pp
Free cash flow margin	44.9%+2.5pp	42.4%-5.3pp	47.7%-1.2pp	48.8%-3.7pp
Returns
Return on assets	8.3%+2.6pp	5.6%+2.4pp	3.2%+0.8pp	2.4%+1.0pp
Efficiency
Asset turnover	0.4×0.0×	0.4×0.0×	0.4×0.0×	0.4×0.0×
Liquidity
Current ratio	0.8×+0.2×	0.7×0.0×	0.7×-0.2×	0.8×+0.1×
Quick ratio	0.8×+0.2×	0.7×0.0×	0.7×-0.2×	0.8×+0.1×
Cash ratio	0×0.0×	0×0.0×	0×0.0×	0×0.0×
Leverage
Debt-to-assets	0.9×0.0×	0.8×0.0×	0.8×0.0×	0.8×+0.1×
Net debt / EBITDA	3.1×0.0×	3.1×-0.1×	3.2×+0.2×	3×+0.1×
Valuation
Market capitalization	$4.46B+15.8%	$3.85B+78.2%	$2.16B+64.2%	$1.32B+41.5%
Enterprise value	$8.23B+12.5%	$7.32B+36.4%	$5.37B+27.8%	$4.2B+20.3%
Price / earnings	12.6×-4.6×	17.3×-1.0×	18.2×+2.5×	15.7×-4.4×
Price / sales	2.8×+0.2×	2.6×+1.0×	1.6×+0.6×	1×+0.3×
EV / EBITDA	6.7×+0.2×	6.5×+1.2×	5.3×+1.0×	4.3×+0.4×
EV / sales	5.1×+0.2×	4.9×+0.9×	4×+0.7×	3.3×+0.4×
Free cash flow yield	16.3%-0.1pp	16.5%-13.3pp	29.7%-17.6pp	47.3%-20.7pp
Earnings yield	7.9%+2.1pp	5.8%+0.3pp	5.5%-0.9pp	6.4%+1.4pp
PEG ratio	0.2×0.0×	0.2×-0.2×	0.4×+0.2×	0.2×0.0×

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Questions, answered.

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.