Hess Midstream LP
HESM | NYSE
$39.73
-$0.43 (-1.07%)
Sep 21, 2026, 12:37 PM ET · Market open
Market Data
Market Cap $8.3B
Enterprise Value $12.07B
Beta 0.50
Average Volume 1.53M
Shares Outstanding (Diluted) 128.4M
Shares Change YoY 5.42%
Institutional Ownership 89.85%
Exchange NYSE
ISIN US4281031058
Price Performance
Price Change 1M -0.3%
Price Change 3M 7.9%
Price Change 6M 0.1%
Price Change YTD 15.9%
Price Change 1Y 1.7%
Price Change 3Y 35.5%
Price Change 5Y 45.1%
1M CAGR (ann.) 0.6%
1Y CAGR (ann.) 11.4%
5Y CAGR (ann.) 17.6%
All-Time CAGR 13.0%
Valuation
PE Ratio 13.85
Forward PE 22.45
PEG Ratio 1.87
Forward PEG 4.83
PS Ratio 5.15
Forward PS 5.00
PB Ratio 16.02
P/FCF Ratio 12.72
P/Adj. FCF Ratio 12.74
P/OCF Ratio 4.98
EV/Sales 7.49
EV/EBIT 11.98
EV/EBITDA 9.80
EV/FCF 18.49
Earnings Yield 7.2%
FCF Yield 7.9%
Adj. FCF Yield 7.8%
Financial Health
Net Debt $3.77B
Total Debt $3.77B
Cash & Short-Term Investments $4.6M
Total Assets $4.32B
Current Ratio 0.77
Quick Ratio 0.77
Debt / Equity Ratio 7.15
Debt / EBITDA 3.06
Debt / FCF 5.78
OCF / Debt 0.27
Interest Coverage 4.48
Altman Z-Score 2.39
Piotroski F-Score 6
Margins & Profitability
Gross Profit Margin 80.8%
Operating Profit Margin 62.2%
EBITDA Margin 76.5%
Net Profit Margin 23.3%
FCF Margin 40.5%
Adj. FCF Margin 40.4%
SBC / Revenue 0.1%
SBC Impact (per share) -0.2%
Returns
Return on Assets 8.8%
Return on Equity 69.0%
Return on Invested Capital 20.8%
Return on Capital Employed 24.7%
Return on Tangible Assets 8.8%
Historical Growth (CAGR)
Revenue CAGR 3Y 8.1%
Revenue CAGR 5Y 7.6%
Revenue CAGR 10Y 10.1%
EPS CAGR 3Y 13.4%
EPS CAGR 5Y 13.5%
EPS CAGR 10Y -3.0%
FCF CAGR 3Y 1.6%
FCF CAGR 5Y 9.3%
FCF CAGR 10Y 27.2%
Analyst Forecasts
Analyst Rating Hold
Analyst Count 9
EPS Growth Next 3Y -2.1%
Revenue Growth Next 3Y 11.2%
Earnings Date N/A
EPS Estimate (next Q) N/A
EPS Growth Est (next Q) N/A
Revenue Est (next Q) N/A
Revenue Growth Est (next Q) N/A
Fair Value Estimates
Graham Number $14.04
Graham Upside -65.0%
Lynch Fair Value $39.12
Lynch Upside -2.6%
Price Target $35.50
Price Target Upside -11.6%
Cash Flow
Operating Cash Flow $1.03B
Free Cash Flow $652.4M
Adj. Free Cash Flow $651.3M
FCF Per Share $5.41
OCF Per Share $8.07
OCF/S Ratio 64.4%
Income Statement
Revenue $1.61B
Gross Profit $1.3B
Operating Income $1B
EBITDA $1.23B
Net Income $375M
EPS (Diluted) $2.90
Revenue / Employee $8.26M
Profit / Employee $1.92M
Employees 195
Dividends
Annual Dividend $3.09
Dividend Yield 7.69%
Payout Ratio 106.4%
FCF Payout Ratio 57.6%
Adj. FCF Payout Ratio 57.8%
Dividend Growth (YoY) 9.0%
Pay Frequency Quarterly
Ex-Dividend Date Aug 5, 2026
Add to Watchlist
Select watchlists to add or remove HESM