HESM (Hess Midstream LP) EBIT per Share: $8.03 (TTM As of Mar. 2026)


HESM Hess Midstream LP HESM
67 GF Score
Price $38.16
GF Value $24.42
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Hess Midstream LP EBIT per Share?

Hess Midstream LP HESM +0.98% 67 EBIT per Share is $8.03 as of Mar. 2026. GuruFocus rates HESM with a GF Score™ of 67/100 and a GF Value™ of $24.42 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 785 Oil & Gas companies, Hess Midstream LP ranks worse than 74.78% on this metric.

Hess Midstream LP's EBIT per Share for the three months ended in Mar. 2026 was $1.87. Its EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2026 was $8.03.

During the past 12 months, the average EBIT per Share Growth Rate of Hess Midstream LP was -17.90% per year. During the past 3 years, the average EBIT per Share Growth Rate was -24.60% per year. During the past 5 years, the average EBIT per Share Growth Rate was -25.10% per year. During the past 10 years, the average EBIT per Share Growth Rate was 14.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the EBIT per Share growth rate using EBIT per Share data.

The historical rank and industry rank for Hess Midstream LP's EBIT per Share or its related term are showing as below:

HESM' s 3-Year EBIT Growth Rate Range Over the Past 10 Years
Min: -28.5   Med: 30   Max: 97.2
Current: -24.6

During the past 13 years, the highest 3-Year average EBIT per Share Growth Rate of Hess Midstream LP was 97.20% per year. The lowest was -28.50% per year. And the median was 30.00% per year.

HESM's 3-Year EBIT Growth Rate is ranked worse than
74.78% of 785 companies
in the Oil & Gas industry
Industry Median: -1.3 vs HESM: -24.60

Hess Midstream LP's EBIT for the three months ended in Mar. 2026 was $241 Mil.


Hess Midstream LP  (NYSE:HESM) EBIT per Share Explanation

EBIT is a company's earnings before interest and tax expenses are deducted. It measures a company's profit generates from operating, ignoring tax burden and capital structure. As the tax expense are not deducted, EBIT is helpful when comparing companies in the same industry but with different tax situations. Also, the interest expense are included in EBIT, making it useful to compare companies that have high interest expenses due to large amount of debt.


Hess Midstream LP EBIT per Share Related Terms


Hess Midstream LP EBIT per Share Historical Data

* Premium members only.

The historical data trend for Hess Midstream LP's EBIT per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hess Midstream LP EBIT per Share Chart

Hess Midstream LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.71 19.24 14.65 10.48 8.32

Hess Midstream LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.17 2.17 2.03 1.97 1.87
HESM
67GF Score
Hess Midstream LP HESM
EBIT per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Hess Midstream LP EBIT per Share Calculation

EBIT per Share is the amount of Earnings Before Interest and Taxes (EBIT) per outstanding share of the company's stock.

Earnings Before Interest and Taxes (EBIT) is what the company earns before it expenses interest and taxes.

Hess Midstream LP's EBIT per Share for the fiscal year that ended in Dec. 2025 is calculated as

EBIT per Share(A: Dec. 2025 )
=EBIT/Shares Outstanding (Diluted Average)
=1024/123.100
=8.32

Hess Midstream LP's EBIT per Share for the quarter that ended in Mar. 2026 is calculated as

EBIT per Share(Q: Mar. 2026 )
=EBIT/Shares Outstanding (Diluted Average)
=241.3/129.200
=1.87

EBIT per Share for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $8.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT per Share →
What does a EBIT per Share of $8.03 mean?
Hess Midstream LP (HESM) has a EBIT per Share of $8.03 as of Mar. 2026. EBIT per Share is the amount of Earnings Before Interest and Taxes per outstanding share of the company's stock. View historical data on Hess Midstream LP and its competitors. According to the industry distribution chart, Hess Midstream LP ranks #587 out of 785 companies in the Oil & Gas industry, placing it in the top 74.8%.
Is Hess Midstream LP's EBIT per Share too high?
Hess Midstream LP's current EBIT per Share is $8.03. Based on the distribution chart, Hess Midstream LP ranks #587 out of 785 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Hess Midstream LP has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hess Midstream LP's EBIT per Share compare to PAGP and GLNG?
According to the Oil & Gas industry distribution chart, Hess Midstream LP ranks #587 out of 785 companies for EBIT per Share. This places Hess Midstream LP in the lower half of its industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT per Share for an Oil & Gas company?
A good EBIT per Share depends on the Oil & Gas industry context. However, EBIT per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT per Share mean?
A high EBIT per Share can signal that a stock is expensive relative to its fundamentals. EBIT per Share is the amount of Earnings Before Interest and Taxes per outstanding share of the company's stock. View historical data on Hess Midstream LP and its competitors. Hess Midstream LP's current EBIT per Share is $8.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hess Midstream LP stock overvalued right now?
Based on GuruFocus' analysis, Hess Midstream LP (HESM) is currently considered Significantly Overvalued. The stock's GF Value™ is $24.42, compared to a current price of $38.16 — trading 56.3% above its estimated fair value. The current EBIT per Share is $8.03. Hess Midstream LP's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT per Share calculated?
EBIT per Share is calculated from a company's financial statements. For Hess Midstream LP (HESM), the current EBIT per Share is $8.03 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Hess Midstream LP (HESM) Overvalued in 2026?

Based on GuruFocus' analysis, Hess Midstream LP stock appears to be overvalued. The current stock price of $38.16 is trading 56.3% above its estimated GF Value™ of $24.42. GuruFocus considers Hess Midstream LP to be Significantly Overvalued.

Key valuation signals for HESM:

  • EBIT per Share: $8.03
  • GF Value™: $24.42 vs. price of $38.16 (56.3% above fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the HESM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hess Midstream LP Business Description

Industry EnergyOil & Gas
Address 1400 Smith Street, Houston, TX, USA, 77002
Hess Midstream LP is a fee-based, growth-oriented limited partnership that owns, operates, develops, and acquires a portfolio of midstream assets. The company provides fee-based services to Chevron Corporation and generates all of its revenue by charging fees for gathering, compressing, and processing natural gas, fractionating NGLs, gathering, terminaling, loading, and transporting crude oil and NGLs, storing and terminaling propane, and gathering and disposing of produced water. It operates through gathering, processing, and storage, and terminaling and export segments, with the gathering segment contributing the maximum share of revenue and comprising natural gas gathering and compression, as well as crude oil gathering and produced water gathering and disposal assets.
67GF Score

Get the complete analysis for HESM

EBIT per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$38.16
Price
$24.42
GF Value