Hess Midstream Partners LP (HESM) — Tangible Net Worth Ratio
Hess Midstream Partners LP (HESM) has a Tangible Net Worth Ratio of 100.0% as of March 2026. This metric is calculated by deducting intangible assets ($0.00) from net assets ($374.80 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See HESM net asset value for net asset value and shareholders' equity analysis.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Hess Midstream Partners LP Tangible Net Worth Ratio (2012–2025)
This chart shows how Hess Midstream Partners LP's Tangible Net Worth Ratio has changed across 14 annual periods from 2012 to 2025. As of March 2026, the ratio stands at 100.0%, reflecting net assets of $374.80 Million with intangible assets of $0.00 USD. Also explore net asset momentum of Hess Midstream Partners LP to track the company's year-over-year net asset growth rate.
Annual Tangible Net Worth Ratio for Hess Midstream Partners LP (2012–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Hess Midstream Partners LP from 2012 to 2025, covering 14 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see Hess Midstream Partners LP market capitalisation.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 100.0% | $437.90 Million | $0.00 | $4.39 Billion | ▲ +0.0 pp |
| 2024 | 100.0% | $465.30 Million | $0.00 | $4.15 Billion | ▲ +34.3 pp |
| 2023 | 65.7% | $363.20 Million | $124.40 Million | $3.79 Billion | ▼ -34.3 pp |
| 2022 | 100.0% | $529.00 Million | $0.00 | $3.59 Billion | ▲ +16.0 pp |
| 2021 | 84.0% | $753.10 Million | $120.30 Million | $3.49 Billion | ▼ -8.9 pp |
| 2020 | 93.0% | $1.33 Billion | $93.20 Million | $3.37 Billion | ▼ -0.4 pp |
| 2019 | 93.4% | $1.33 Billion | $87.90 Million | $3.28 Billion | ▼ -6.6 pp |
| 2018 | 100.0% | $1.88 Billion | $0.00 | $2.99 Billion | ▲ +0.0 pp |
| 2017 | 100.0% | $2.56 Billion | $0.00 | $2.64 Billion | ▲ +0.0 pp |
| 2016 | 100.0% | $1.94 Billion | $0.00 | $2.57 Billion | ▲ +0.0 pp |
| 2015 | 100.0% | $2.10 Billion | $0.00 | $2.36 Billion | ▲ +0.0 pp |
| 2014 | 100.0% | $275.60 Million | $0.00 | $1.37 Billion | ▲ +0.0 pp |
| 2013 | 100.0% | $270.30 Million | $0.00 | $1.27 Billion | ▲ +0.0 pp |
| 2012 | 100.0% | $235.80 Million | $0.00 | $789.80 Million | — |