Hess Midstream LP (HESM)
Every figure this model derived for HESM, the value it took, and the element in the company's own XBRL it was read from — so any of it can be checked against the filing rather than taken on trust. As at 2026-06-30.
The figures, and where each came from
This is the part no other screener shows. Each figure below names the XBRL element it was read from, so it can be checked against the filing itself.
| Figure | Value | XBRL tag | As at |
|---|---|---|---|
| capex | 198,600,000 | PaymentsToAcquirePropertyPlantAndEquipment |
2026-06-30 |
| cash | 5,000,000 | CashAndCashEquivalentsAtCarryingValue |
2026-06-30 |
| current assets | 157,200,000 | AssetsCurrent |
2026-06-30 |
| current liabilities | 204,000,000 | LiabilitiesCurrent |
2026-06-30 |
| ocf | 1,036,400,000 | NetCashProvidedByUsedInOperatingActivities |
2026-06-30 |
| revenue | 1,609,100,000 | RevenueFromContractWithCustomerIncludingAssessedTax |
2026-06-30 |
| sbc | 1,300,000 | ShareBasedCompensation |
2026-06-30 |
The ratios
The figures themselves rather than their scores — what somebody looking up HESM on one particular measure came for.
| Ratio | Value |
|---|---|
| cash operating margin | 76.24 |
| current ratio | 0.88 |
| current ratio reported | 0.77 |
| ebit cagr | 6.98 |
| ebit yoy | 3.03 |
| ev ebit | 7.63 |
| ev owner earnings | 9.14 |
| ev sales | 4.75 |
| fcf margin | 52.07 |
| growth cv | 0.26 |
| net debt ebitda | 3.03 |
| operating margin | 62.26 |
| owner earnings margin | 51.99 |
| revenue growth | 2.68 |
| revenue growth per share | 2.68 |
| rule of 40 | 64.94 |
| sbc pct revenue | 0.08 |
Everything else this filing tags
166 more elements from HESM's own XBRL that this model has no measure for, newest reading each, largest first. Nothing here is converted, added up or renamed — it is the filing's own element names and the filing's own numbers.
| Element | Newest | As of | Periods | Unit |
|---|---|---|---|---|
PropertyPlantAndEquipmentGross | 5,415,800,000 | 2026-06-30 | 54 | USD |
Assets | 4,256,600,000 | 2026-06-30 | 54 | USD |
LiabilitiesAndStockholdersEquity | 4,256,600,000 | 2026-06-30 | 54 | USD |
Liabilities | 3,868,600,000 | 2026-06-30 | 54 | USD |
DebtInstrumentCarryingAmount | 3,800,500,000 | 2025-12-31 | 14 | USD |
LongTermDebt | 3,680,000,000 | 2026-06-30 | 16 | USD |
LongTermDebtNoncurrent | 3,642,500,000 | 2026-06-30 | 54 | USD |
PropertyPlantAndEquipmentNet | 3,298,700,000 | 2026-06-30 | 54 | USD |
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment | 2,117,100,000 | 2026-06-30 | 54 | USD |
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree | 1,350,000,000 | 2025-12-31 | 7 | USD |
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive | 1,150,000,000 | 2024-12-31 | 6 | USD |
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive | 1,150,000,000 | 2025-12-31 | 6 | USD |
RepaymentsOfShortTermDebtMaturingInMoreThanThreeMonths | 805,000,000 | 2025-03-31 | 32 | USD |
ProceedsFromShortTermDebtMaturingInMoreThanThreeMonths | 800,000,000 | 2025-03-31 | 9 | USD |
Revenues | 789,100,000 | 2026-06-30 | 95 | USD |
DeferredTaxAssetsGross | 773,900,000 | 2025-12-31 | 15 | USD |
DeferredTaxAssetsLiabilitiesNet | 773,400,000 | 2025-12-31 | 15 | USD |
StockRepurchasedDuringPeriodValue | 750,000,000 | 2021-09-30 | 1 | USD |
DeferredIncomeTaxAssetsNet | 713,500,000 | 2026-06-30 | 50 | USD |
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo | 668,000,000 | 2025-12-31 | 7 | USD |
DeferredTaxAssetsInvestments | 650,300,000 | 2025-12-31 | 14 | USD |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest | 620,600,000 | 2022-12-31 | 32 | USD |
NetIncomeLossAttributableToParentDiluted | 603,700,000 | 2025-12-31 | 11 | USD |
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour | 600,000,000 | 2025-12-31 | 6 | USD |
ProceedsFromIssuanceOfSeniorLongTermDebt | 600,000,000 | 2024-12-31 | 15 | USD |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest | 536,700,000 | 2022-12-31 | 32 | USD |
PartnersCapital | 514,600,000 | 2026-06-30 | 15 | USD |
OperatingIncomeLoss | 491,300,000 | 2026-06-30 | 95 | USD |
NetCashProvidedByUsedInFinancingActivities | -476,900,000 | 2026-06-30 | 61 | USD |
ProceedsFromIssuanceOfDebt | 400,000,000 | 2022-09-30 | 4 | USD |
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest | 390,700,000 | 2026-06-30 | 87 | USD |
PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest | 388,000,000 | 2026-06-30 | 146 | USD |
PartnersCapitalAccountPublicSaleOfUnits | 365,500,000 | 2017-12-31 | 1 | USD |
ProceedsFromIssuanceInitialPublicOffering | 365,500,000 | 2017-12-31 | 1 | USD |
ProfitLoss | 331,400,000 | 2026-06-30 | 133 | USD |
CostsAndExpenses | 297,800,000 | 2026-06-30 | 87 | USD |
LineOfCreditFacilityPeriodicPaymentInterest | 214,200,000 | 2025-12-31 | 20 | USD |
ProceedsFromLongTermLinesOfCredit | 210,000,000 | 2019-12-31 | 1 | USD |
LimitedPartnersCapitalAccountUnitsOutstanding | 207,686,540 | 2025-12-31 | 19 | shares |
NetIncomeLoss | 184,000,000 | 2026-06-30 | 95 | USD |
OperatingCostsAndExpenses | 171,500,000 | 2026-06-30 | 87 | USD |
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate | 167,700,000 | 2025-12-31 | 1 | USD |
LimitedPartnersCapitalAccountDistributionAmount | 160,600,000 | 2026-06-30 | 95 | USD |
NetIncomeLossAttributableToNoncontrollingInterest | 147,400,000 | 2026-06-30 | 87 | USD |
AccountsReceivableNetCurrent | 142,900,000 | 2026-06-30 | 26 | USD |
PartnersCapitalAttributableToNoncontrollingInterest | -126,600,000 | 2026-06-30 | 54 | USD |
DeferredTaxAssetsOperatingLossCarryforwards | 123,600,000 | 2025-12-31 | 14 | USD |
PaymentsToMinorityShareholders | 120,500,000 | 2026-06-30 | 53 | USD |
Depreciation | 112,900,000 | 2026-06-30 | 87 | USD |
InterestIncomeExpenseNonoperatingNet | -109,900,000 | 2026-06-30 | 87 | USD |
AccountsReceivableRelatedPartiesCurrent | 109,200,000 | 2023-03-31 | 28 | USD |
DeferredTaxAssetsOperatingLossCarryforwardsDomestic | 102,500,000 | 2025-12-31 | 5 | USD |
AccruedLiabilitiesCurrent | 97,500,000 | 2026-06-30 | 54 | USD |
DeferredFederalIncomeTaxExpenseBenefit | 93,600,000 | 2025-12-31 | 17 | USD |
PaymentsToAcquireBusinessesNetOfCashAcquired | 89,200,000 | 2019-12-31 | 6 | USD |
ComprehensiveIncomeNetOfTax | 83,900,000 | 2022-12-31 | 32 | USD |
EquityMethodInvestments | 83,200,000 | 2026-06-30 | 54 | USD |
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess | -82,000,000 | 2026-06-30 | 57 | USD |
PartnersCapitalAccountDistributions | 74,100,000 | 2018-12-31 | 2 | USD |
IncomeTaxReconciliationMinorityInterestIncomeExpense | 69,600,000 | 2025-12-31 | 1 | USD |
PaymentsToAcquireAdditionalInterestInSubsidiaries | 68,900,000 | 2019-09-30 | 3 | USD |
PartnersCapitalAccountRedemptions | -60,000,000 | 2026-03-31 | 52 | USD |
PaymentsForRepurchaseOfCommonStock | 60,000,000 | 2026-06-30 | 36 | USD |
DeferredIncomeTaxExpenseBenefit | 59,300,000 | 2026-06-30 | 56 | USD |
IncomeTaxExpenseBenefit | 59,300,000 | 2026-06-30 | 79 | USD |
NetCashProvidedByUsedInInvestingActivities | -51,900,000 | 2026-06-30 | 61 | USD |
DeferredTaxAssetsNet | 50,000,000 | 2019-12-31 | 2 | USD |
NetIncomeLossAllocatedToLimitedPartners | 46,400,000 | 2021-12-31 | 19 | USD |
InterestPayableCurrent | 37,500,000 | 2026-06-30 | 54 | USD |
LongTermDebtCurrent | 37,500,000 | 2026-06-30 | 47 | USD |
PropertyPlantAndEquipmentGrossPeriodIncreaseDecrease | 35,200,000 | 2024-03-31 | 57 | USD |
PaymentsToAcquireEquityMethodInvestments | 33,000,000 | 2019-12-31 | 8 | USD |
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths | 32,500,000 | 2025-12-31 | 6 | USD |
PaymentsOfCapitalDistribution | 32,200,000 | 2021-09-30 | 9 | USD |
ProceedsFromRepaymentsOfLinesOfCredit | 32,000,000 | 2019-12-31 | 3 | USD |
AccountsPayableTradeCurrent | 31,700,000 | 2026-06-30 | 54 | USD |
AccountsPayableCurrent | 29,200,000 | 2026-06-30 | 26 | USD |
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet | 28,500,000 | 2025-12-31 | 14 | USD |
OtherAccruedLiabilitiesCurrent | 28,200,000 | 2026-06-30 | 54 | USD |
RestructuringCosts | 26,200,000 | 2019-12-31 | 3 | USD |
DeferredRevenueCurrent | 25,900,000 | 2026-06-30 | 4 | USD |
OtherLiabilitiesNoncurrent | 21,600,000 | 2026-06-30 | 54 | USD |
DeferredTaxAssetsOperatingLossCarryforwardsStateAndLocal | 21,100,000 | 2025-12-31 | 5 | USD |
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations | 20,000,000 | 2025-12-31 | 15 | USD |
AccountsPayableRelatedPartiesCurrent | 19,200,000 | 2023-03-31 | 28 | USD |
IncreaseDecreaseInAccruedLiabilities | 18,300,000 | 2026-06-30 | 60 | USD |
DeferredRevenue | 15,700,000 | 2026-03-31 | 18 | USD |
IncomeTaxReconciliationStateAndLocalIncomeTaxes | 15,700,000 | 2025-12-31 | 1 | USD |
RepaymentsOfDebtMaturingInMoreThanThreeMonths | 15,000,000 | 2026-06-30 | 11 | USD |
GeneralPartnersCapitalAccount | 14,900,000 | 2018-12-31 | 1 | USD |
PartnersCapitalAccountUnitsTreasury | 13,559,322 | 2022-12-31 | 6 | shares |
GeneralAndAdministrativeExpense | 13,400,000 | 2026-06-30 | 87 | USD |
DeferredTaxLiabilitiesPropertyPlantAndEquipment | 10,700,000 | 2018-12-31 | 1 | USD |
IncomeLossFromEquityMethodInvestments | 9,300,000 | 2026-06-30 | 81 | USD |
IncreaseDecreaseInOtherOperatingLiabilities | -8,200,000 | 2026-06-30 | 61 | USD |
PrepaidInsurance | 8,200,000 | 2025-09-30 | 2 | USD |
OtherLiabilitiesCurrent | 8,100,000 | 2026-06-30 | 54 | USD |
EquityMethodInvestmentDividendsOrDistributions | 7,600,000 | 2026-06-30 | 50 | USD |
RepaymentsOfLongTermLinesOfCredit | 7,500,000 | 2019-12-31 | 3 | USD |
IncreaseDecreaseInAccountsPayableTrade | 6,800,000 | 2026-06-30 | 61 | USD |
DeferredTaxAssetsValuationAllowance | 6,400,000 | 2018-12-31 | 1 | USD |
AmortizationOfFinancingCosts | 6,000,000 | 2026-06-30 | 61 | USD |
IncreaseDecreaseInOtherOperatingAssets | -5,100,000 | 2026-06-30 | 61 | USD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations | 5,000,000 | 2026-06-30 | 108 | USD |
OtherAssetsNoncurrent | 4,000,000 | 2026-06-30 | 54 | USD |
AccruedEnvironmentalLossContingenciesCurrent | 3,400,000 | 2026-06-30 | 54 | USD |
NetIncomeLossAllocatedToGeneralPartners | 3,400,000 | 2019-12-31 | 11 | USD |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax | 3,300,000 | 2017-12-31 | 1 | USD |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect | 3,100,000 | 2026-06-30 | 59 | USD |
IncreaseDecreaseInDueToAffiliatesCurrent | 2,800,000 | 2026-06-30 | 61 | USD |
OtherIncome | 2,700,000 | 2026-06-30 | 71 | USD |
RepaymentsOfBankDebt | 2,500,000 | 2019-03-31 | 3 | USD |
PaymentsOfStockIssuanceCosts | 2,100,000 | 2017-12-31 | 1 | USD |
IncreaseDecreaseInAccountsReceivable | 1,700,000 | 2026-06-30 | 15 | USD |
PartnersCapitalAccountAcquisitions | 1,600,000 | 2020-12-31 | 13 | USD |
LesseeOperatingLeaseLiabilityPaymentsDue | 1,100,000 | 2019-12-31 | 1 | USD |
OtherAssetsCurrent | 900,000 | 2026-06-30 | 54 | USD |
OperatingLeaseRightOfUseAsset | 800,000 | 2019-12-31 | 1 | USD |
IncreaseDecreaseInDueFromAffiliatesCurrent | -600,000 | 2026-06-30 | 60 | USD |
OperatingLeaseLiabilityNoncurrent | 600,000 | 2019-12-31 | 1 | USD |
DeferredIncomeTaxLiabilities | 500,000 | 2025-12-31 | 14 | USD |
DeferredTaxLiabilitiesInvestments | 500,000 | 2025-12-31 | 13 | USD |
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive | 500,000 | 2019-12-31 | 1 | USD |
DeferredIncomeTaxLiabilitiesNet | 500,000 | 2026-06-30 | 37 | USD |
AccountsAndOtherReceivablesNetCurrent | 400,000 | 2020-09-30 | 9 | USD |
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet | 400,000 | 2019-12-31 | 1 | USD |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax | 400,000 | 2019-12-31 | 1 | USD |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax | 400,000 | 2020-12-31 | 22 | USD |
OtherComprehensiveIncomeLossNetOfTax | -400,000 | 2020-12-31 | 31 | USD |
AccruedEnvironmentalLossContingenciesNoncurrent | 300,000 | 2026-06-30 | 54 | USD |
AccumulatedOtherComprehensiveIncomeLossNetOfTax | 200,000 | 2020-03-31 | 7 | USD |
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAssetRetirementObligations | 200,000 | 2018-12-31 | 1 | USD |
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths | 200,000 | 2019-12-31 | 1 | USD |
OperatingLeaseLiabilityCurrent | 200,000 | 2019-12-31 | 1 | USD |
CurrentFederalTaxExpenseBenefit | 200,000 | 2025-12-31 | 12 | USD |
OtherSundryLiabilitiesCurrent | 200,000 | 2025-12-31 | 8 | USD |
GainLossOnSaleOfPropertyPlantEquipment | 100,000 | 2020-12-31 | 12 | USD |
LesseeOperatingLeaseLiabilityPaymentsDueYearFive | 100,000 | 2019-12-31 | 1 | USD |
LesseeOperatingLeaseLiabilityPaymentsDueYearFour | 100,000 | 2019-12-31 | 1 | USD |
LesseeOperatingLeaseLiabilityPaymentsDueYearThree | 100,000 | 2019-12-31 | 1 | USD |
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo | 100,000 | 2019-12-31 | 1 | USD |
PartnersCapitalAccountUnitBasedCompensation | 100,000 | 2026-06-30 | 96 | USD |
ProceedsFromSaleOfPropertyPlantAndEquipment | 100,000 | 2020-12-31 | 10 | USD |
PartnersCapitalAccountUnitsUnitbasedCompensation | 66,477 | 2025-12-31 | 14 | shares |
NumberOfOperatingSegments | 3 | 2025-12-31 | 7 | Segment |
NumberOfReportableSegments | 3 | 2026-06-30 | 27 | Segment |
DistributionMadeToLimitedPartnerDistributionsPaidPerUnit | 1 | 2026-06-30 | 96 | USD/shares |
EffectiveIncomeTaxRateReconciliationTaxExemptIncome | 0 | 2019-12-31 | 6 | pure |
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate | 0 | 2025-12-31 | 21 | pure |
EffectiveIncomeTaxRateContinuingOperations | 0 | 2025-12-31 | 15 | pure |
EffectiveIncomeTaxRateReconciliationMinorityInterestIncomeExpense | 0 | 2025-12-31 | 18 | pure |
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes | 0 | 2025-12-31 | 15 | pure |
EffectiveIncomeTaxRateReconciliationChangeInEnactedTaxRate | -0 | 2017-12-31 | 1 | pure |
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance | -0 | 2018-12-31 | 3 | pure |
AdvancesToAffiliate | 0 | 2025-12-31 | 49 | USD |
AllowanceForDoubtfulAccountsReceivable | 0 | 2025-12-31 | 14 | USD |
AllowanceForDoubtfulAccountsReceivableWriteOffs | 0 | 2025-12-31 | 14 | USD |
AssetImpairmentCharges | 0 | 2025-12-31 | 21 | USD |
CurrentIncomeTaxExpenseBenefit | 0 | 2019-12-31 | 1 | USD |
FinanceLeaseLiability | 0 | 2019-12-31 | 1 | USD |
LossContingencyAccrualCarryingValueCurrent | 0 | 2026-06-30 | 54 | USD |
OperatingLeaseLiability | 0 | 2025-12-31 | 12 | USD |
PaymentsOfFinancingCosts | 0 | 2026-06-30 | 43 | USD |
RecordedUnconditionalPurchaseObligationDueWithinOneYear | 0 | 2025-12-31 | 7 | USD |
UnrecognizedTaxBenefits | 0 | 2025-12-31 | 7 | USD |
ProceedsFromDebtMaturingInMoreThanThreeMonths | 0 | 2026-06-30 | 11 | USD |
What to be careful about
What this model itself distrusts about HESM's figures. Written by the derivation as it ran, not added afterwards.
- invested capital is 0M (cash exceeds equity plus debt), so return on capital is unbounded rather than undefined; scored as maximal
- no usable diluted share count, so growth is measured on total revenue rather than per share; a company issuing shares to fund that growth reads better than it is
- forward EPS growth +1.2% is analyst consensus, not a filing: consensus 2027 EPS 2.96 against trailing 2.92, over 1 year(s), from 4 analysts (taken 2026-10-11)
- durability rests on 3 of 4 inputs; not tagged: gross margin stability
- resilience rests on 2 of 3 inputs; not tagged: interest cover
- no interest expense tagged while 3,718M of debt is on the balance sheet, so interest cover is unmeasured rather than perfect