To the full analysis
Hess Midstream stock: growth
HESMHess Midstream reported $1.62B in revenue for fiscal 2025, up 8.4% on the prior year, up 8.2% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
18.9%
per year from 2012 to 2025, per share 11.7%
Earnings (Annual rate)
no data
Free cash flow (Annual rate)
no data
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2012 | |
|---|---|---|---|
| Revenue | 8.2% | 11.1% | 18.9% |
| Revenue per share | −26.4% | 2.4% | 11.7% |
| Earnings | 71.2% | 6.2% | no data |
| Earnings per share | 16.6% | −2.1% | no data |
| Free cash flow | 16.4% | 25.9% | no data |
| Free cash flow per share | −20.7% | 16.0% | no data |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2012 | $169.7M | −$73.9M | −$400.8M |
| 2013 | $269.7M | −$163.8M | −$608.6M |
| 2014 | $254.8M | $32.9M | −$158.2M |
| 2015 | $565.1M | $193.4M | $73M |
| 2016 | $509.8M | $204.9M | $124.1M |
| 2017 | $579.5M | $41.2M | $263.5M |
| 2018 | $712M | $69.1M | $225M |
| 2019 | $847.6M | $70.1M | $164.3M |
| 2020 | $1.09B | $24M | $340.6M |
| 2021 | $1.2B | $46.4M | $632.3M |
| 2022 | $1.27B | $83.9M | $622.9M |
| 2023 | $1.35B | $118.6M | $642.9M |
| 2024 | $1.49B | $223.1M | $634.2M |
| 2025 | $1.62B | $352.9M | $728.2M |
Revenue by segment
How Hess Midstream LP makes its money and how that has shifted. Names are as the company reports them.
- Affiliate Services97%
- Third Party Services3%
Figures as a table
| 2024 | 2025 | Share 2025 | |
|---|---|---|---|
| Affiliate Services | $1.47B | $1.57B | 97.3% |
| Third Party Services | $24.1M | $43.6M | 2.7% |
| Total revenue | $1.49B | $1.62B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 9 Oct 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.