HESM Hess Midstream PE ratio, current and historical analysis
The P/E ratio for Hess Midstream stock stands at 17.29 as of Feb 4, 2025. The calculation is based on the latest EPS of $2.37 and the stock price of $40.98 per share. An increase of 12% has been observed in the PE ratio compared to its average of 15.5 of the past four quarters.
HESM PE ratio history
Over the last eight years, the average PE ratio of Hess Midstream has been 15.0. The current 17.29 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.
Hess Midstream PE ratio by year
Maximum annual increase: 40.16% in 2019
Maximum annual decrease: -49.38% in 2018
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 14.99 | 1.7% | $31.63 | $2.11 |
| 2022 | 14.74 | -3.47% | $29.92 | $2.03 |
| 2021 | 15.27 | 3.81% | $27.63 | $1.81 |
| 2020 | 14.71 | -21.5% | $19.57 | $1.33 |
| 2019 | 18.74 | 40.16% | $22.68 | $1.21 |
| 2018 | 13.37 | -49.38% | $16.98 | $1.27 |
| 2017 | 26.41 | N/A | $19.81 | $0.75 |
| 2016 | N/A | N/A | N/A | N/A |
| 2015 | N/A | N/A | N/A | N/A |
Hess Midstream PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 14.88 | -5.64% | $35.27 | $2.37 |
| Jun 2024 | 15.77 | -3.07% | $36.44 | $2.31 |
| Mar 2024 | 16.27 | 8.54% | $36.13 | $2.22 |
| Dec 2023 | 14.99 | 4.46% | $31.63 | $2.11 |
| Sep 2023 | 14.35 | -6.94% | $29.13 | $2.03 |
| Jun 2023 | 15.42 | 6.57% | $30.68 | $1.99 |
| Mar 2023 | 14.47 | -1.83% | $28.94 | $2 |
| Dec 2022 | 14.74 | 20.13% | $29.92 | $2.03 |
| Sep 2022 | 12.27 | -14.97% | $25.52 | $2.08 |
| Jun 2022 | 14.43 | -10.04% | $28 | $1.94 |
| Mar 2022 | 16.04 | 5.04% | $30 | $1.87 |
| Dec 2021 | 15.27 | -11.22% | $27.63 | $1.81 |
| Sep 2021 | 17.2 | 6.24% | $28.21 | $1.64 |
| Jun 2021 | 16.19 | 1.82% | $25.25 | $1.56 |
| Mar 2021 | 15.9 | 8.09% | $22.42 | $1.41 |
HESM average PE ratio chart
Currently, HESM's PE ratio is higher than the 3 and 5-year averages.
HESM PE vs peers
| Stock name | PE ratio | Market cap |
|---|---|---|
| HESM Hess Midstream LP | 17.29 | $4.26B |
| PUMP ProPetro Holding Corp | N/A | $943.87M |
Frequently asked questions
What is Hess Midstream's PE ratio?
As of Feb 4, 2025, HESM stock has a price to earnings ratio of 17.29.
What is the 3-year average PE ratio for Hess Midstream (HESM)?
The 3-year average PE ratio for HESM stock is 14.88.
What is the 5-year average PE ratio for Hess Midstream (HESM)?
The 5-year average PE ratio for HESM stock is 14.6.
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 (Feb 4, 2025), Hess Midstream's share price is $40.98. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $2.37. Therefore, Hess Midstream's price to earnings ratio for today is 17.29. PE RATIO(17.29) = STOCK PRICE($40.98) / TTM EPS($2.37)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.