Hess Midstream Partners LP (HESM) Key Ratios
$39.75
As on 04-Sep-2026 13:41EDT
Market cap
$8,062 Mln
Revenue (TTM)
$1,610 Mln
P/E Ratio
13.5
P/B Ratio
9.9
Div. Yield
7.8 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 2.65 | -3.51 | 2.76 | 8.07 | 7.63 |
| EBIT | 2.40 | -6.47 | 2.04 | 7.86 | 8.43 |
| Net Profit | 9.14 | 2,022.22 | 178.15 | 29.66 | -56.57 |
| EPS | 10.73 | 1.27 | 7.63 | 13.37 | 13.33 |
| Book Value | -- | -- | -13.85 | -7.55 | -8.42 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 62.37 | 62.19 | 62.56 | 63.32 | 62.54 |
| Net Margin
| -- | -- | 23.29 | -- | -- |
| Return on equity
| 51.99 | 44.31 | 13.87 | 64.22 | 51.23 |
| Return on Capital
| 5.97 | 4.54 | -- | 8.46 | 5.91 |
| Return on Assets
| 5.70 | 4.16 | 8.24 | 8.27 | 5.62 |
| Debt to Equity (x)
| -- | -- | 7.08 | 6.64 | 6.54 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
--
|
8.46
|
5.91
|
3.55
|
2.84
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
13.87
Lower than Peers by 1.56
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
13.87
|
64.22
|
51.23
|
40.53
|
37.36
|
|
Peer Median
|
15.43
|
--
|
--
|
--
|
--
|
ROA
8.24
Higher than Peers by 3.27
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
8.24
|
8.27
|
5.62
|
3.22
|
2.37
|
|
Peer Median
|
4.98
|
--
|
--
|
--
|
--
|
EBIT Margin
62.56
Higher than Peers by 26.59
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
62.56
|
63.32
|
62.54
|
61.26
|
62.56
|
|
Peer Median
|
35.97
|
--
|
--
|
--
|
--
|
Net Margin
23.29
Higher than Peers by 5.26
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
23.29
|
21.82
|
14.95
|
8.81
|
6.59
|
|
Peer Median
|
18.03
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
2.76
Lower than Peers by 4.22
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
2.76
|
0.08
|
0.11
|
0.06
|
0.06
|
|
Peer Median
|
6.99
|
--
|
--
|
--
|
--
|
EBIT Growth
2.04
Lower than Peers by 2.42
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
2.04
|
9.75
|
13.15
|
3.53
|
7.96
|
|
Peer Median
|
4.46
|
--
|
--
|
--
|
--
|
Net Profit Growth
178.15
Higher than Peers by 170.04
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
178.15
|
58.18
|
88.11
|
41.36
|
80.82
|
|
Peer Median
|
8.11
|
--
|
--
|
--
|
--
|
EPS Growth
7.63
Higher than Peers by 0.76
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
7.63
|
0.27
|
0.24
|
-0.09
|
0.36
|
|
Peer Median
|
6.87
|
--
|
--
|
--
|
--
|
Book Value Growth
-23.13
Lower than Peers by 25.32
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
-23.13
|
--
|
--
|
--
|
--
|
|
Peer Median
|
2.19
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
7.08
Higher than Peers by 5.15
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
7.08
|
6.64
|
6.54
|
9.44
|
11.77
|
|
Peer Median
|
1.93
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.07
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
0.07
|
0.06
|
0.04
|
0.04
|
0.01
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
0.77
Lower than Peers by 0.04
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
0.77
|
0.85
|
0.68
|
0.65
|
0.83
|
|
Peer Median
|
0.81
|
--
|
--
|
--
|
--
|
Quick Ratio
0.77
Higher than Peers by 0.02
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
0.77
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.75
|
--
|
--
|
--
|
--
|
Interest Coverage
4.56
Higher than Peers by 0.28
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
4.56
|
4.54
|
4.61
|
4.61
|
5.33
|
|
Peer Median
|
4.28
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
9.40
Higher than Peers by 0.21
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
9.40
|
9.29
|
9.31
|
9.24
|
9.66
|
|
Peer Median
|
9.19
|
--
|
--
|
--
|
--
|
Asset Turnover
0.35
Higher than Peers by 0.00
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
0.35
|
0.38
|
0.38
|
0.36
|
0.36
|
|
Peer Median
|
0.35
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
--
|
32.65
|
32.23
|
33.56
|
34.90
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
--
|
120.44
|
152.05
|
135.10
|
90.25
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
13.48
Lower than Peers by 13.66
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
13.48
|
12.65
|
17.28
|
18.24
|
15.73
|
|
Peer Median
|
27.15
|
--
|
--
|
--
|
--
|
Price / Book Value
9.91
Higher than Peers by 4.44
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
9.91
|
7.86
|
7.26
|
6.36
|
5.38
|
|
Peer Median
|
5.47
|
--
|
--
|
--
|
--
|
Dividend Yield
7.77
Higher than Peers by 4.09
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
7.77
|
--
|
--
|
--
|
--
|
|
Peer Median
|
3.68
|
--
|
--
|
--
|
--
|
EV/EBITDA
7.06
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
7.06
|
6.65
|
6.45
|
5.28
|
4.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
8,062
Higher than Peers by 2,296
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
Hess Midstream Partners LP (HESM)
|
8,062
|
--
|
--
|
--
|
--
|
|
Peer Median
|
5,766
|
--
|
--
|
--
|
--
|