Back to HESM overview

HESM Hess Midstream PE ratio, current and historical analysis

The P/E ratio for Hess Midstream stock stands at 17.16 as of Jul 12, 2024. The calculation is based on the latest EPS of $2.22 and the stock price of $38.1 per share. An increase of 12% has been observed in the PE ratio compared to its average of 15.3 of the past four quarters.

HESM PE ratio history

How has HESM's PE ratio performed in the past

Over the last eight years, the average PE ratio of Hess Midstream has been 14.98. The current 17.16 price-to-earnings ratio is 15% more than the historical average. Analyzing the last eight years, HESM's PE ratio reached its highest point in the Dec 2017 quarter at 26.41, with a price of $19.81 and an EPS of $0.75. The Jun 2017 quarter saw the lowest point at 5.54, with a price of $20.37 and an EPS of N/A.

Average
14.98
Median
15.34
Minimum
5.54
Maximum
26.41

Hess Midstream PE ratio by year

Maximum annual increase: 40.16% in 2019

Maximum annual decrease: -49.38% in 2018

Year PE ratio Change
2023 14.99 1.7%
2022 14.74 -3.47%
2021 15.27 3.81%
2020 14.71 -21.5%
2019 18.74 40.16%
2018 13.37 -49.38%
2017 26.41 N/A
2016 N/A N/A
2015 N/A N/A

HESM average PE ratio chart

What is the average PE ratio of HESM for the past years

Currently, HESM's PE ratio is higher than the 3 and 5-year averages.

3-year avg
15.04
5-year avg
14.78
10-year avg
N/A
15-year avg
N/A

HESM PE vs peers

What is HESM's PE ratio compared to its peers

HESM's PE ratio is above its peer stock PUMP.

Stock name PE ratio Market cap
PUMP ProPetro Holding Corp 12.46 $920.54M
HESM Hess Midstream LP 17.27 $8.57B

Frequently asked questions

What is Hess Midstream's PE ratio?

As of Jul 12, 2024, HESM stock has a price to earnings ratio of 17.16.

What is the 3-year average PE ratio for Hess Midstream (HESM)?

The 3-year average PE ratio for HESM stock is 15.04.

What is the 5-year average PE ratio for Hess Midstream (HESM)?

The 5-year average PE ratio for HESM stock is 14.78.

What is the highest PE ratio for HESM?

Over the last eight years, the Dec 2017 quarter recorded the highest quarterly PE ratio at 26.41.

How does the current PE ratio for HESM compare to its historical average?

HESM's current price to earnings ratio is 15% above its 8-year historical average.

How is HESM's PE ratio calculated (Hess Midstream PE ratio formula)?

The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jul 12, 2024), Hess Midstream's share price is $38.1. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2024 is $2.22. Therefore, Hess Midstream's price to earnings ratio for today is 17.16. PE RATIO(17.16) = STOCK PRICE($38.1) / TTM EPS($2.22)

All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.