Hess Midstream LP

As of June 30, 2026, Hess Midstream LP carries a market capitalization of 4.83B, placing it among publicly traded companies globally. Its enterprise value stands at 8.37B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Hess Midstream LP's next confirmed earnings release is scheduled for October 28, 2026.

As of June 30, 2026, Hess Midstream LP has 128.35M shares outstanding.

As of June 30, 2026, Hess Midstream LP trades at a trailing price-to-earnings ratio of 12.97. The price-to-sales ratio is 3.02, and the price-to-book ratio stands at 9.38.

As of June 30, 2026, Hess Midstream LP trades at an EV/EBITDA multiple of 6.83 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 5.20 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 8.36 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Hess Midstream LP trades at an EV/FCF ratio of 8.15, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 8.37B versus a market cap of 4.83B, with the gap driven by net debt and cash on the balance sheet.

As of June 30, 2026, Hess Midstream LP maintains a current ratio of 0.77, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 948.45, indicating elevated leverage, while an interest coverage ratio of 5.48 demonstrates adequate ability to service its debt obligations.

Over the twelve months ended June 30, 2026, Hess Midstream LP posted a return on equity (ROE) of 65.24, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 20.49 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 8.64, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 6.39, useful for judging operating efficiency across full business cycles. The company generates approximately 8.00M in revenue per employee across its workforce of 201.25, a quick read on workforce productivity versus industry peers.

Over the twelve months ended June 30, 2026, Hess Midstream LP recorded 121.00M in income tax expense. That works out to an effective tax rate of 15.20, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 795.90M, leaving 375.00M in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

As of the close on October 22, 2026, Hess Midstream LP's stock has declined approximately 10.81% over the past 52 weeks. The 50-day moving average sits at 37.49, while the 200-day moving average is 38.05.

Over the twelve months ended June 30, 2026, Hess Midstream LP generated 1.61B in revenue and converted that into 375.00M in net income, yielding earnings per share of 5.22. EBITDA reached 1.23B, while operating income came in at 1.00B.

As of June 30, 2026, Hess Midstream LP holds 5.00M in cash and equivalents against 3.68B in total debt, resulting in a net debt position of 3.68B. Total book value stands at 514.60M, with working capital of -46.80M providing operational flexibility.

Hess Midstream LP produced 1.04B in operating cash flow over the twelve months ended June 30, 2026. After subtracting -198.60M in capital expenditures, free cash flow totaled 837.80M - equivalent to 6.48 per share.

Over the twelve months ended June 30, 2026, Hess Midstream LP posted a gross margin of 86.10, reflecting its pricing power and cost economics. The operating margin of 62.26 and net profit margin of 23.30 provide insight into operational efficiency.

Over the twelve months ended June 30, 2026, Hess Midstream LP paid dividends of 3.04 per share. The dividend payout ratio of 40.33 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 17.23, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 17.35, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Hess Midstream LP shareholders.