# Hess Midstream LP Class A Representing Limited Partner Interests (HESM) fundamentals

Data as of 2026-09-08. NYSE, United States. Sector: Energy / Oil, Gas & Consumable Fuels. Price $39.91, market value $8.2 billion.

## Valuation
- **P/E (trailing): 13.8×**. Hess Midstream LP Class A Representing Limited Partner Interests trades at 13.8× trailing earnings. The Energy median in the September 2026 study was 16.8×. Forward P/E is 12.9×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 5.1×**. Each dollar of revenue is priced at 5.1×.
- **Price / book: 10.0×**. The shares trade at 10.0× book value; most of the value is in earnings power and intangibles rather than the balance sheet.
- **Free-cash-flow yield: 10.2%**. Free cash flow equals 10.2% of the market value. Above 5% is generally attractive.
- **Earnings yield: 7.3%**. The inverse of the P/E: 7.3% of the price is earned each year.

## Profitability
- **Operating margin: 62.1%**. 62.1% of revenue is left after running the business, an exceptional level.
- **Net margin: 21.8%**. 21.8% of each dollar of sales reaches the bottom line.
- **Return on assets: 8.5%**. Each dollar of assets produces 8.5% of profit.

## Growth
- **Revenue growth (1 yr): 8.4%** (3-yr 8.3%/yr, 5-yr 8.2%/yr). Revenue grew 8.4% over the last year, against 8.2% a year compounded over five years.
- **Free-cash-flow growth (3 yr): 5.3%/yr**. Free cash flow has compounded at 5.3% a year over three years.

## Financial health
- **Altman Z-score: 2.38**. A Z-score of 2.38 is in the grey zone; not distressed, not clearly safe.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend yield: 7.73%** ($3.09 per share, trailing). Hess Midstream LP Class A Representing Limited Partner Interests yields 7.73%, high enough to check carefully: yields this high often precede a cut.
- **Consecutive years of increases: 9**. 9 straight years of increases.
- **Dividend growth (5 yr): 10.8%/yr** (1-yr 10.0%). The dividend has compounded at 10.8% a year over five years, doubling roughly every 7 years at that pace.

## Price and momentum
- **Total return (1 yr): 3.1%** (YTD 20.6%, 3-mo 2.8%). The shares are up 3.1% over twelve months including dividends.
- **From 52-week high: -3.7%** (26.2% above the low). Trading within 5% of its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 51**. An RSI of 51 is neutral.
- **Beta (1 yr): -0.11** (volatility 23%). Beta of -0.11 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=HESM · Page: https://foliofundamentals.com/stocks/hesm

Not investment advice.