Hess Midstream Financial Statements
NYSE: HESMEnergyOil & Gas MidstreamUSD
At close: Oct 7, 4:00 PM ET · Delayed 15 min
After hours: 33.20 +0.51%
Hess Midstream revenue and earnings
In fiscal 2025, Hess Midstream generated $1.62 billion in revenue, up 8.4% from fiscal 2024, its 8th consecutive year of revenue growth. Net income was $352.9 million (+58.2% year over year), for a net margin of 21.8% versus a median of 6.6% in the prior 5 years. Operating margin was 62.2%.
Over the last 5 fiscal years, HESM's revenue has grown at a 8.2% compound annual rate.
Summary generated from market data by MetaCap's automated system. Methodology
Hess Midstream income statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1.62B | 1.50B | 1.35B | 1.28B | 1.20B | 1.09B | 848.30M | 712.70M | 579.50M |
| Revenue growth (YoY) | +8.41% | +10.89% | +5.76% | +5.93% | +10.25% | +28.72% | +19.03% | +22.99% | — |
| Operating Income | 1.01B | 919.00M | 816.90M | 791.20M | 727.20M | 576.50M | 376.60M | 378.20M | 263.10M |
| Pretax Income | 798.40M | 730.80M | 645.60M | 647.20M | 632.40M | 492.20M | 317.60M | 325.50M | 242.00M |
| Income Tax | 113.80M | 71.80M | 37.90M | 26.60M | 14.60M | 7.30M | -100.00K | — | — |
| Net Income | 352.90M | 223.10M | 118.60M | 83.90M | 46.40M | 24.00M | 70.10M | 70.80M | 41.20M |
| Net Income growth (YoY) | +58.18% | +88.11% | +41.36% | +80.82% | +93.33% | -65.76% | -0.99% | +71.84% | — |
| EBITDA | 1.22B | 1.12B | 1.01B | 972.50M | 892.80M | 733.40M | 519.10M | 505.10M | 379.60M |
| Operating Margin | 62.18% | 61.45% | 60.57% | 62.05% | 60.41% | 52.80% | 44.39% | 53.07% | 45.40% |
| Net Margin | 21.77% | 14.92% | 8.79% | 6.58% | 3.85% | 2.20% | 8.26% | 9.93% | 7.11% |
This table shows 9 annual periods of Hess Midstream's income statement, from FY 2025 back to FY 2017, across 8 line items including revenue, operating income, pretax income. Values in USD; B = billions, M = millions. Fiscal periods follow HESM's reporting calendar. What is a income statement?