stockrowHess Midstream Partners LP
HESM Energy Oil & Gas Midstream
Hess Midstream Partners LP’s revenue for fiscal 2025 (year ended December 2025) was $1.6 billion, up 8.41% from fiscal 2024.
- Revenue
- −2.57%
- EPS
- +1.35%
- Free cash flow
- +35.4%
- Total debt
- −5.16%
Quarter to September 2026, against a year earlier
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Hess Midstream Partners LP (HESM) Operating margin
Hess Midstream Partners LP's operating margin over the twelve months to 30 September 2026 was 62.7%, up 0.5 percentage points from fiscal 2025 (62.2%). Over the past ten years it has ranged from 34.5% (fiscal 2015) to 62.2% (fiscal 2025) — the current reading is the highest in ten years. That is above the Oil & Gas Midstream industry median of 34.7% and above the Energy sector median of 15.2%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 62.2% | 0.73 |
| FY2024 | 61.5% | 0.88 |
| FY2023 | 60.6% | (1.48) |
| FY2022 | 62.1% | 1.64 |
| FY2021 | 60.4% | 7.61 |
| FY2020 | 52.8% | 8.41 |
| FY2019 | 44.4% | (8.68) |
| FY2018 | 53.1% | 7.67 |
| FY2017 | 45.4% | 4.93 |
| FY2016 | 40.5% | 5.98 |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 64.0% | 0.52 |
| Jun 2026 | 63.5% | 2.42 |
| Mar 2026 | 61.0% | (1.21) |
| Dec 2025 | 62.3% | 0.74 |
| 39 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| STNG Scorpio Tankers Inc. compare | 82.2% |
| AM Antero Midstream Corporation compare | 81.3% |
| HESM Hess Midstream Partners LP | 62.7% |
| CMBT CMB.TECH nv compare | 59.2% |
| FRO Frontline PLC compare | 54.1% |
| GLNG Golar LNG Limited compare | 50.5% |
| SOBO South Bow Corporation compare | 42.8% |
| KNTK Kinetik Holdings Inc. compare | 12.2% |
| INSW International Seaways Inc. compare | 0.00% |
| Oil & Gas Midstream industry median | 34.7% |
| Energy sector median | 15.2% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on HESM
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Beneish M-score
- The full statement