Hess Midstream LP (HESM) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 390.1M | 404.2M | 420.9M | 413.5M | 381M | 395M | 377.6M | 364.6M | 354.7M | 359.5M | 362.5M | 323.5M |
| Revenue Growth % | 2.39% | 2.33% | 11.47% | 13.41% | 7.41% | 9.87% | 4.17% | 12.7% | 16.56% | 14.53% | 8.47% | 3.35% |
| Cost of Goods Sold | 144.1M | 147M | 154.7M | 51.8M | 51.5M | 51.3M | 51.5M | 50.5M | 49.8M | 50.4M | 47.7M | 47M |
| COGS % of Revenue | 36.94% | 36.37% | 36.75% | 12.53% | 13.52% | 12.99% | 13.64% | 13.85% | 14.04% | 14.02% | 13.16% | 14.53% |
| Gross Profit | 246M | 257.2M | 266.2M | 361.7M | 329.5M | 343.7M | 326.1M | 314.1M | 304.9M | 309.1M | 314.8M | 276.5M |
| Gross Margin % | 63.06% | 63.63% | 63.25% | 87.47% | 86.48% | 87.01% | 86.36% | 86.15% | 85.96% | 85.98% | 86.84% | 85.47% |
| Gross Profit Growth % | -25.34% | -25.17% | -18.37% | 15.15% | 8.07% | 11.19% | 3.59% | 13.6% | 18.68% | 15.55% | 9.04% | 3.17% |
| Operating Expenses | 7.9M | 5.6M | 7.3M | 101.5M | 92.1M | 100.7M | 94.4M | 91.8M | 82.9M | 99M | 94.8M | 78.4M |
| OpEx % of Revenue | 2.03% | 1.39% | 1.73% | 24.55% | 24.17% | 25.49% | 25% | 25.18% | 23.37% | 27.54% | 26.15% | 24.23% |
| Selling, General & Admin | 7.9M | 5.6M | 7.3M | 8.1M | 7.5M | 8.9M | 6.3M | 5.2M | 5.7M | 8M | 6M | 5.8M |
| SG&A % of Revenue | 2.03% | 1.39% | 1.73% | 1.96% | 1.97% | 2.25% | 1.67% | 1.43% | 1.61% | 2.23% | 1.66% | 1.79% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 238.1M | 251.6M | 258.9M | 260.2M | 237.4M | 243M | 231.7M | 222.3M | 222M | 210.1M | 220M | 198.1M |
| Operating Margin % | 61.04% | 62.25% | 61.51% | 62.93% | 62.31% | 61.52% | 61.36% | 60.97% | 62.59% | 58.44% | 60.69% | 61.24% |
| Operating Income Growth % | 0.29% | 3.54% | 11.74% | 17.05% | 6.94% | 15.66% | 5.32% | 12.22% | 17.65% | 6.98% | 7.84% | 1.43% |
| EBITDA | 296.6M | 305.8M | 315.5M | 312M | 288.9M | 294.3M | 283.2M | 272.8M | 271.8M | 260.5M | 267.7M | 245.1M |
| EBITDA Margin % | 76.03% | 75.66% | 74.96% | 75.45% | 75.83% | 74.51% | 75% | 74.82% | 76.63% | 72.46% | 73.85% | 75.77% |
| EBITDA Growth % | 2.67% | 3.91% | 11.41% | 14.37% | 6.29% | 12.97% | 5.79% | 11.3% | 15.12% | 7.29% | 7.29% | 2% |
| D&A (Non-Cash Add-back) | 58.5M | 54.2M | 56.6M | 51.8M | 51.5M | 51.3M | 51.5M | 50.5M | 49.8M | 50.4M | 47.7M | 47M |
| EBIT | 241.3M | 254.9M | 264.1M | 264.2M | 240.8M | 246.9M | 235.4M | 226M | 224.7M | 212.5M | 222M | 199.8M |
| Net Interest Income | -55.4M | -56.7M | -57.1M | -55.4M | -56.4M | -52.2M | -51.8M | -49.7M | -48.5M | -47.8M | -45.8M | -43.8M |
| Interest Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Expense | 55.4M | 56.7M | 57.1M | 55.4M | 56.4M | 52.2M | 51.8M | 49.7M | 48.5M | 47.8M | 45.8M | 43.8M |
| Other Income/Expense | -52.2M | -53.4M | -51.9M | -51.4M | -53M | -48.3M | -48.1M | -46M | -45.8M | -45.4M | -43.8M | -42.1M |
| Pretax Income | 185.9M | 198.2M | 207M | 208.8M | 184.4M | 194.7M | 183.6M | 176.3M | 176.2M | 164.7M | 176.2M | 156M |
| Pretax Margin % | 47.65% | 49.04% | 49.18% | 50.5% | 48.4% | 49.29% | 48.62% | 48.35% | 49.68% | 45.81% | 48.61% | 48.22% |
| Income Tax | 28.2M | 30.2M | 31.5M | 29.1M | 23M | 22.6M | 18.9M | 16M | 14.3M | 11.9M | 11.4M | 8.1M |
| Effective Tax Rate % | 15.17% | 15.24% | 15.22% | 13.94% | 12.47% | 11.61% | 10.29% | 9.08% | 8.12% | 7.23% | 6.47% | 5.19% |
| Net Income | 87.6M | 93.3M | 97.7M | 90.3M | 71.6M | 70.4M | 58.6M | 49.5M | 44.6M | 37.5M | 35.3M | 25.1M |
| Net Margin % | 22.46% | 23.08% | 23.21% | 21.84% | 18.79% | 17.82% | 15.52% | 13.58% | 12.57% | 10.43% | 9.74% | 7.76% |
| Net Income Growth % | 22.35% | 32.53% | 66.72% | 82.42% | 60.54% | 87.73% | 66.01% | 97.21% | 115.46% | 72.02% | 52.16% | 14.09% |
| Net Income (Continuing) | 157.7M | 168M | 175.5M | 179.7M | 161.4M | 172.1M | 164.7M | 160.3M | 161.9M | 152.8M | 164.8M | 147.9M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -143.2M | -130.4M | -146M | -127.4M | -88.4M | -65.4M | -89.2M | -61.9M | -22.6M | 23M | 77.9M | 132.7M |
| EPS (Diluted) | 0.68 | 0.72 | 0.75 | 0.74 | 0.65 | 0.68 | 0.63 | 0.59 | 0.59 | 0.55 | 0.57 | 0.50 |
| EPS Growth % | 4.62% | 5.88% | 19.05% | 25.42% | 10.17% | 23.64% | 10.53% | 18% | 25.53% | 12.24% | 7.55% | 0% |
| EPS (Basic) | 0.68 | 0.72 | 0.75 | 0.74 | 0.65 | 0.68 | 0.63 | 0.59 | 0.59 | 0.55 | 0.57 | 0.50 |
| Diluted Shares Outstanding | 129.2M | 129.4M | 130.3M | 121.8M | 110.8M | 104.1M | 93M | 83.8M | 75.2M | 68.4M | 62.5M | 50.2M |
| Basic Shares Outstanding | 129.2M | 129.4M | 130.3M | 121.8M | 110.7M | 104.1M | 93M | 83.8M | 75.1M | 68.4M | 62.5M | 50.1M |
| Dividend Payout Ratio | 112.9% | 104.72% | 98.87% | 91.81% | 101.96% | 101.42% | 104.27% | 105.25% | 113.68% | 112.8% | 96.88% | 103.19% |