Hess Midstream Partners LP (HESM) — Capital Reinvestment Ratio
Hess Midstream Partners LP (HESM) has a Capital Reinvestment Ratio of 0.08x as of June 2026, meaning it reinvests 0% of its operating cash flow ($278.60 Million) in capital expenditures ($23.10 Million). Check HESM tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Hess Midstream Partners LP Capital Reinvestment Ratio (2014–2025)
This chart tracks Hess Midstream Partners LP's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see Hess Midstream Partners LP operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Hess Midstream Partners LP (2014–2025)
Year-by-year Capital Reinvestment Ratio for Hess Midstream Partners LP from 2014 to 2025. See Hess Midstream Partners LP (HESM) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.26x | $983.80 Million | $255.60 Million | ▼ -20.2% |
| 2024 | 0.33x | $940.30 Million | $306.10 Million | ▲ +26.2% |
| 2023 | 0.26x | $866.40 Million | $223.50 Million | ▼ -6.7% |
| 2022 | 0.28x | $861.10 Million | $238.20 Million | ▲ +34.8% |
| 2021 | 0.21x | $795.50 Million | $163.20 Million | ▼ -56.3% |
| 2020 | 0.47x | $641.70 Million | $301.10 Million | ▼ -27.9% |
| 2019 | 0.65x | $470.70 Million | $306.40 Million | ▲ +25.6% |
| 2018 | 0.52x | $466.90 Million | $241.90 Million | ▲ +51.9% |
| 2017 | 0.34x | $399.90 Million | $136.40 Million | ▼ -49.8% |
| 2016 | 0.68x | $387.70 Million | $263.60 Million | ▼ -18.3% |
| 2015 | 0.83x | $434.80 Million | $361.80 Million | ▼ -86.9% |
| 2014 | 6.34x | $29.60 Million | $187.80 Million | — |