For the year ending 2025-12-31, HESM made $1,621,300K in revenue. $352,900K in net income. Net profit margin of 21.77%.
| Income Statement | 2025-12-31 | 2024-12-31 | ||
|---|---|---|---|---|
| Total revenues | 1,621,300 | 1,495,500 | ||
| Operating and maintenance expenses (exclusive of depreciation shown separately below) | 370,600 | 347,300 | ||
| Depreciation expense | 214,100 | 203,100 | ||
| General and administrative expenses | 28,500 | 26,100 | ||
| Total operating costs and expenses | 613,200 | 576,500 | ||
| Income from operations | 1,008,100 | 919,000 | ||
| Income from equity investments | 15,900 | 14,000 | ||
| Interest expense, net | -225,600 | -202,200 | ||
| Income before income tax expense | 798,400 | 730,800 | ||
| Income tax expense | 113,800 | 71,800 | ||
| Net income | 684,600 | 659,000 | ||
| Less net income attributable to noncontrolling interest | 331,700 | 435,900 | ||
| Net income attributable to hess midstream lp | 352,900 | 223,100 | ||
| Diluted EPS | 2.86 | 2.49 | ||
| Basic Average Shares | 123,100,000 | 89 | ||
| Diluted Average Shares | 123,100,000 | 89 | ||
Hess Midstream LP (HESM)
Hess Midstream LP (HESM)