Financials in USD. Standardized financial statements.
A compact view of how Hess Midstream LP turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue? | $1.62B | $1.49B | $1.35B | $1.27B | $1.20B | $1.09B | $847.60M | $712.00M | $579.50M | $509.80M |
| Revenue Growth? | +8.7% | +10.8% | +5.7% | +5.8% | +10.3% | +28.8% | +19.0% | +22.9% | +13.7% | 0.0% |
| Cost of Revenue? | $584.70M | $203.10M | $192.50M | $181.30M | $165.60M | $156.90M | $142.50M | $126.90M | $116.50M | $99.70M |
| Gross Profit? | $1.04B | $1.29B | $1.15B | $1.09B | $1.04B | $934.70M | $705.10M | $585.10M | $463.00M | $410.10M |
| Gross Margin? | +63.9% | +86.4% | +85.7% | +85.8% | +86.2% | +85.6% | +83.2% | +82.2% | +79.9% | +80.4% |
| Operating Expenses? | $28.50M | $369.80M | $336.70M | $300.70M | $311.00M | $358.20M | $328.50M | $206.90M | $199.90M | $203.80M |
| Operating Income? | $1.01B | $919.00M | $816.90M | $791.20M | $727.20M | $576.50M | $376.60M | $378.20M | $263.10M | $206.30M |
| EBITDA? | $1.24B | $1.14B | $1.02B | $977.80M | $903.40M | $743.60M | $522.50M | $505.70M | $384.30M | $306.00M |
| Income Before Tax | $798.40M | $730.80M | $645.60M | $647.20M | $632.40M | $492.00M | $317.60M | $325.50M | $242.00M | $204.90M |
| Income Tax Expense | $113.80M | $71.80M | $37.90M | $26.60M | $14.60M | $7.10M | -$100,000 | $0 | $0 | $0 |
| Net Income? | $352.90M | $223.10M | $118.60M | $83.90M | $46.40M | $24.00M | $70.10M | $69.10M | $41.20M | $204.90M |
| EPS? | $2.87 | $2.51 | $2.11 | $2.03 | $1.81 | $1.33 | $1.22 | $1.27 | $0.75 | $3.76 |
| Diluted EPS? | $2.86 | $2.49 | $2.08 | $2.01 | $1.76 | $1.31 | $1.22 | $1.27 | $0.75 | $3.76 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality