SuperworthHess Midstream profit margin HESM
Gross, operating and net profit as a share of revenue over the last twelve months, from 2018.
- Net margin, 12 months
- 23.2%
- Operating margin, 12 months
- 62.1%
- Net margin on a year earlier
- +4.7 pts
- Peer median
- 23.1%
Over the twelve months to Jun 30, 2026, Hess Midstream kept 23.2% of its revenue as net profit, with an operating margin of 62.1%.
Five years earlier its net margin was 2.9%.
The median for 10 oil and gas producers of a similar size is 23.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin |
|---|---|---|
| FY2025 | 21.8% | 62.2% |
| FY2024 | 14.9% | 61.5% |
| FY2023 | 8.8% | 60.6% |
| FY2022 | 6.6% | 62.0% |
| FY2021 | 3.9% | 60.4% |
| FY2020 | 2.2% | 52.8% |
| FY2019 | 8.3% | 44.4% |
| FY2018 | 9.9% | 53.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 23.2% | +4.7 pts | 62.1% | |
| Q1 FY26 | 22.6% | +6.2 pts | 61.9% | |
| Q4 FY25 | 21.8% | +6.8 pts | 62.2% | |
| Q3 FY25 | 20.5% | +7.4 pts | 62.0% | |
| Q2 FY25 | 18.5% | +6.9 pts | 61.9% | |
| Q1 FY25 | 16.4% | +6.2 pts | 61.4% | |
| Q4 FY24 | 14.9% | +6.1 pts | 61.5% | |
| Q3 FY24 | 13.1% | +5.2 pts | 60.9% | |
| Q2 FY24 | 11.6% | +4.5 pts | 60.7% | |
| Q1 FY24 | 10.2% | +3.3 pts | 60.8% | |
| Q4 FY23 | 8.8% | +2.2 pts | 60.6% | |
| Q3 FY23 | 7.9% | +1.7 pts | 61.5% |
Against its peers
Companies in Oil & Gas Exploration & Production nearest Hess Midstream's size, closest first, today.
| Company | Profit margin |
|---|---|
| HESMHess Midstream | 23.2% |
| PARRPAR Pacific | 9.9% |
| CRKComstock Resources | 23.3% |
| BSMBlack Stone Minerals | 61.7% |
| GPORGulfport Energy | 32.3% |
| CNXCNX Resources | 36.5% |
| LBLandBridge Co LLC | 16.5% |
| MGYMagnolia Oil & Gas | 28.8% |
| MURMurphy Oil | 9.7% |
| BKVBKV | 22.9% |
| MTDRMatador Resources | 19.9% |
| Peer median | 23.1% |
Where Hess Midstream ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Hess Midstream
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.