HESM
Hess Midstream LP
NYSE · Energy · Oil & Gas Midstream · US
$31.72
−3.00%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 1.6B | 1.6B | 1.5B | 1.3B | 1.3B |
| Cost of Revenue | 394.7M | 214.1M | 203.1M | 192.5M | 181.3M |
| Gross Profit | 1.2B | 1.4B | 1.3B | 1.2B | 1.1B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 25.0M | 28.5M | 26.1M | 26.2M | 23.1M |
| General & Admin Expense | 25.0M | 28.5M | 26.1M | 26.2M | 23.1M |
| Selling & Marketing Expense | — | — | — | — | — |
| Other Expenses | 175.9M | 366.5M | 343.7M | 310.5M | 277.6M |
| Total Operating Expenses | 200.9M | 395.0M | 369.8M | 336.7M | 300.7M |
| Cost and Expenses | 595.6M | 609.1M | 572.9M | 529.2M | 482.0M |
| Operating Income (EBIT) | 1.0B | 1.0B | 919.0M | 816.9M | 791.2M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 220.2M | 225.6M | 202.2M | 179.0M | 149.3M |
| Net Interest Income | (220.2M) | (225.6M) | (202.2M) | (179.0M) | (149.3M) |
| Other Non-Op Income/Expense | (205.2M) | (209.7M) | (188.2M) | (171.3M) | (144.0M) |
| Non-Operating Income (excl Interest) | (2.8M) | (15.9M) | (14.0M) | (7.7M) | (5.3M) |
| EBT (Pre-Tax Income) | 800.1M | 798.4M | 730.8M | 645.6M | 647.2M |
| Income Tax Expense | 121.6M | 113.8M | 71.8M | 37.9M | 26.6M |
| Bottom Line | |||||
| Net Income | 376.7M | 352.9M | 223.1M | 118.6M | 83.9M |
| Earnings from Cont. Ops | 678.5M | 684.6M | 659.0M | 607.7M | 620.6M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 376.7M | 352.9M | 223.1M | 118.6M | 83.9M |
| Per Share | |||||
| Basic EPS | $2.92 | $2.87 | $2.51 | $2.11 | $2.03 |
| Diluted EPS | $2.92 | $2.86 | $2.49 | $2.08 | $2.01 |
| Revenue Per Share | $12.47 | $13.14 | $16.76 | $23.95 | $30.83 |
| Shares | |||||
| Basic Shares Outstanding | 128.4M | 123.1M | 89.0M | 56.2M | 41.3M |
| Diluted Shares Outstanding | 128.4M | 123.1M | 89.0M | 56.3M | 41.4M |
| Profitability Metrics | |||||
| EBITDA | 1.2B | 1.2B | 1.1B | 1.0B | 977.8M |
| D&A | 222.2M | 214.1M | 203.1M | 192.5M | 181.3M |
| EBIT | 1.0B | 1.0B | 933.0M | 824.6M | 796.5M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026