Company / Operating Margin
Hess Midstream LP Operating Margin History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
62.2%
FY2025
5-year range
60.4% / 62.2%
FY2021-FY2025
Trend
+1.2%
vs FY2024
Sector context
#3 of 80
Energy
What the data says
Among 80 Energy companies, Hess Midstream LP is in the top 4% for operating margin. Operating Margin has fluctuated over the past 9 years, ranging from 44.4% in FY2019 to 62.2% in FY2025.
Based on SEC 10-K filings.
62.2% in FY2025 with a 5-year CAGR of +9.4%. Ranks 3rd among 80 companies in Energy.
Improved from 60.6% to 62.2% over the past 2 years.
Energy sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +0.1pp
- 5-Year Change
- +9.4pp
- 10-Year Change
- -
Sector benchmark
Top 4% in EnergyTop 4% of 80This company 62.2% Sector average 15.1%
▼
+312.2% above sector average
Key checks
Key Insights
- In FY2025, operating margin increased 1.2% year-over-year.
- Currently 47.1pp above the Energy sector average.
- Lowest operating margin in the period was in FY2019.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 62.2% | +1.2% |
| FY2024 | 61.5% | +1.4% |
| FY2023 | 60.6% | -2.4% |
| FY2022 | 62.0% | +2.7% |
| FY2021 | 60.4% | +14.4% |
| FY2020 | 52.8% | +18.9% |
| FY2019 | 44.4% | -16.3% |
| FY2018 | 53.1% | +16.9% |
| FY2017 | 45.4% | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026