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

Hess Midstream Partners LP (HESM) Return on invested capital

Alert me on Return on invested capital

Hess Midstream Partners LP's return on invested capital over the twelve months to 30 September 2026 was 15.7%, up 0.7 percentage points from fiscal 2025 (15.0%). Over the past ten years it has ranged from 5.76% (fiscal 2016) to 15.0% (fiscal 2025) — the current reading is the highest in ten years. That is above the Oil & Gas Midstream industry median of 6.10% and above the Energy sector median of 5.43%.

Return on invested capital, annual

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Annual newest first

Period Return on invested capital Change (points)
FY2025 15.0% 0.37
FY2024 14.6% 0.30
FY2023 14.3% (0.20)
FY2022 14.5% 0.79
FY2021 13.7% 2.57
FY2020 11.1% 3.50
FY2019 7.64% (0.96)
FY2018 8.60% 2.04
FY2017 6.56% 0.80
FY2016 5.76% (0.05)

Against its own ten years

Low 5.76% High 15.0%
Ten-year median 11.1%
Current reading's percentile 100

Return on invested capital against peers

Company Return on invested capital
STNG Scorpio Tankers Inc. compare 27.2%
FRO Frontline PLC compare 19.4%
HESM Hess Midstream Partners LP 15.7%
AM Antero Midstream Corporation compare 12.0%
SOBO South Bow Corporation compare 6.54%
KNTK Kinetik Holdings Inc. compare 5.82%
GLNG Golar LNG Limited compare 3.71%
CMBT CMB.TECH nv compare 0.00%
INSW International Seaways Inc. compare 0.00%
Oil & Gas Midstream industry median 6.10%
Energy sector median 5.43%
Market median 0.00%

What Return on invested capital is

Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.

TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)

The full definition of Return on invested capital →

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