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Friday 6 November 2026 Export HESM’s income statement to Excel — free account

Hess 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

30.40 1.40 −4.40%
Market cap
$6.3B
P/E
10.5×
Fwd P/E
10.5×
Dividend yield
10.3%
F-score
6/9
Altman Z
n/a
Beneish M
−2.65
Dividend safety
42/100
Overview Business Profile Earnings & Analysis
Financials
Income Statement Balance Sheet Cash Flow Metrics & Ratios
Segments Valuation Filings

Hess Midstream Partners LP (HESM) P/B ratio

Alert me on P/B ratio

As of 5 November 2026, Hess Midstream Partners LP (HESM) trades at a P/B ratio of 9.6×. Over the past ten years it has ranged from 0.0× (June 2017) to 14.0× (May 2026); the current reading is higher than 88% of that period. That is above the Oil & Gas Midstream industry median of 1.7× and above the Energy sector median of 1.4×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 9.7× 36.93%
FY2024 7.1× 44.31%
FY2023 4.9× 111.89%
FY2022 2.3× 146.64%
FY2021 0.9× 253.48%
FY2020 0.3× (13.31%)
FY2019 0.3× (37.98%)
FY2018 0.5× 11.99%
FY2017 0.4× —
FY2016 0.0× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 11.9× (4.69%)
Jun 2026 12.4× (7.14%)
Mar 2026 13.4× 38.16%
Dec 2025 9.7× (8.12%)
39 more quarters

Against its own ten years

Low 0.0× High 14.0×
Ten-year median 1.0×
Current reading's percentile 87

P/B ratio against peers

Company P/B ratio
KNTK Kinetik Holdings Inc. compare n/m
STNG Scorpio Tankers Inc. compare 1.0×
CMBT CMB.TECH nv compare 1.5×
GLNG Golar LNG Limited compare 2.0×
INSW International Seaways Inc. compare 2.0×
SOBO South Bow Corporation compare 2.5×
FRO Frontline PLC compare 3.2×
AM Antero Midstream Corporation compare 4.1×
HESM Hess Midstream Partners LP 9.6×
Oil & Gas Midstream industry median 1.7×
Energy sector median 1.4×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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