NYSE · HESMEnergyOil & Gas Extraction

Hess Midstream LP financials

$37.63−2.21%
Close Sep 29, 2026 · split-adjusted

Revenue

Net income

Income statement & cash flow

Fiscal yearFY25
Dec 31
FY24
Dec 31
FY23
Dec 31
FY22
Dec 31
FY21
Dec 31
FY20
Dec 31
FY19
Dec 31
Revenue$1.62B$1.50B$1.35B$1.27B$1.20B$1.09B$847.6M
Gross profit$1.62B$1.50B$1.35B$1.27B$1.20B$1.09B$847.6M
Gross margin100.0%100.0%100.0%100.0%100.0%100.0%100.0%
Operating income$1.01B$919.0M$816.9M$789.2M$727.2M$576.2M$375.9M
Net income$352.9M$223.1M$118.6M$83.9M$46.4M$24.0M$66.7M
Net margin21.8%14.9%8.8%6.6%3.9%2.2%7.9%
Diluted EPS$2.86$2.49$2.08$2.01$1.76$1.31$1.20
EBITDA$1.22B$1.12B$1.01B$970.5M$892.8M$733.1M$518.4M
Operating cash flow$983.8M$940.3M$866.4M$861.1M$795.5M$641.7M$470.7M
Free cash flow$728.2M$634.2M$642.9M$622.9M$632.3M$340.6M$164.3M
Diluted shares123.1M89.0M56.3M41.4M25.7M18.3M55.6M

Balance sheet

Period endDec 31Dec 31Dec 31Dec 31Dec 31Dec 31
Cash & equivalents$1.9M$4.3M$5.4M$3.1M$2.2M$2.6M
Short-term investments$0.00$0.00$0.00$0.00——
Total debt$3.77B$3.47B$3.21B$2.89B$2.56B$1.91B
Total assets$4.39B$4.15B$3.79B$3.59B$3.49B$3.37B
Total liabilities$3.95B$3.69B$3.43B$3.06B$2.73B$2.05B
Shareholders' equity$437.9M$465.3M$363.2M$529.0M$753.1M$1.33B

From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.

Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology