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Hess Midstream HESM Total Liabilities & Equity

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Other financials

Income statement

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Revenue$399.0M-3.7%
Operating income$253.2M-2.7%
Net income$96.4M+6.8%

Balance sheet

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Cash & equivalents$5.0M+11.1%
Total debt$3.7B-0.9%
Total assets$4.3B-3.8%

Cash flow

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Operating cash flow$278.6M+0.6%
CapEx$23.1M-63.6%
Free cash flow$255.5M+19.7%

Valuation

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Market cap$5.13B-6.4%
Enterprise value$8.8B-4.2%
P/E13.7×-5.2×
P/S3.2×-0.3×

Profitability

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Operating margin62.1%+0.2pp
Net margin23.2%+4.7pp
FCF margin51.9%+9.5pp

Returns & leverage

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Current ratio0.8×+0.1×

Where this comes from

Reported directly by Hess Midstream in its filing.

Tagged under the XBRL concept us-gaap:LiabilitiesAndStockholdersEquity.

The source filing: Hess Midstream’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:15 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001193125-26-338055
Line itemJune 30, 2026December 31, 2025
Total liabilities3,868.63,950.4
Partners’ capital
Class A shares (128,350,881 shares issued and outstanding as of June 30, 2026; 129,403,244 shares issued and outstanding as of December 31, 2025)514.6568.3
Class B shares (77,827,485 shares issued and outstanding as of June 30, 2026; 78,283,296 shares issued and outstanding as of December 31, 2025)--
Total Class A and Class B partners’ capital514.6568.3
Noncontrolling interest(126.6)(130.4)
Total partners’ capital388.0437.9
Total liabilities and partners’ capital$4,256.6$4,388.3

Item 1. Financial Statements

FAQ

What is Hess Midstream's total liabilities & equity?
Hess Midstream (HESM) reported total liabilities & equity of $4.26B in Q2 2026.
How has Hess Midstream's total liabilities & equity changed year-over-year?
Hess Midstream's total liabilities & equity decreased by 3.8% year-over-year, from $4.42B to $4.26B.
What is the long-term trend for Hess Midstream's total liabilities & equity?
Over 5 years (2020 to 2025), Hess Midstream's total liabilities & equity has grown at a 5.4% compound annual growth rate (CAGR), from $3.37B to $4.39B.
What does total liabilities & equity mean?
Total assets = total liabilities + total equity. This must always balance — a fundamental accounting identity.

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