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

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM 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
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×
Leverage
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%
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×

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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.