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Side-by-side financial comparison of Okeanis Eco Tankers Corp. (ECO) and Hess Midstream LP (HESM). Click either name above to swap in a different company.

Okeanis Eco Tankers Corp. is the larger business by last-quarter revenue ($393.2M vs $204.1M, roughly 1.9× Hess Midstream LP). Over the past eight quarters, Okeanis Eco Tankers Corp.'s revenue compounded faster (20.5% CAGR vs -25.3%).

Okeanis Eco Tankers Corp. is a global shipping enterprise specializing in the operation of eco-friendly tanker fleets. Its core business covers maritime transport of crude oil and refined petroleum products, serving major energy and commodity clients across key international trade routes, with a focus on cutting carbon emissions via energy-efficient vessel designs.

Hess Corporation is an American global independent energy company involved in the exploration and production of crude oil and natural gas. It was formed by the merger of Hess Oil and Chemical and Amerada Petroleum in 1968. Leon Hess was CEO from the early 1960s until 1995, after which his son John B Hess succeeded him as chairman and CEO. The company agreed to be acquired by rival oil company Chevron in October 2023, and the acquisition closed in July 2025.

ECO vs HESM — Head-to-Head

Bigger by revenue
ECO
ECO
1.9× larger
ECO
$393.2M
$204.1M
HESM
Faster 2-yr revenue CAGR
ECO
ECO
Annualised
ECO
20.5%
-25.3%
HESM

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
ECO
ECO
HESM
HESM
Revenue
$393.2M
$204.1M
Net Profit
$157.7M
Gross Margin
Operating Margin
41.4%
116.7%
Net Margin
77.3%
Revenue YoY
2.1%
Net Profit YoY
-2.3%
EPS (diluted)
$0.68

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ECO
ECO
HESM
HESM
Q1 26
$204.1M
Q4 25
$393.2M
$404.2M
Q3 25
$308.0M
$420.9M
Q2 25
$-49.0M
$414.2M
Q1 25
$111.1M
$382.0M
Q4 24
$413.1M
$395.9M
Q3 24
$321.4M
$378.5M
Q2 24
$232.4M
$365.5M
Net Profit
ECO
ECO
HESM
HESM
Q1 26
$157.7M
Q4 25
$93.3M
Q3 25
$97.7M
Q2 25
$90.3M
Q1 25
$71.6M
Q4 24
$70.4M
Q3 24
$58.6M
Q2 24
$49.5M
Operating Margin
ECO
ECO
HESM
HESM
Q1 26
116.7%
Q4 25
41.4%
62.2%
Q3 25
44.2%
61.5%
Q2 25
101.1%
62.8%
Q1 25
49.6%
62.1%
Q4 24
48.7%
61.4%
Q3 24
52.0%
61.2%
Q2 24
56.7%
60.8%
Net Margin
ECO
ECO
HESM
HESM
Q1 26
77.3%
Q4 25
23.1%
Q3 25
23.2%
Q2 25
21.8%
Q1 25
18.7%
Q4 24
17.8%
Q3 24
15.5%
Q2 24
13.5%
EPS (diluted)
ECO
ECO
HESM
HESM
Q1 26
$0.68
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ECO
ECO
HESM
HESM
Cash + ST InvestmentsLiquidity on hand
$116.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$573.1M
Total Assets
$1.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ECO
ECO
HESM
HESM
Q1 26
Q4 25
$116.6M
$1.9M
Q3 25
$5.5M
Q2 25
$59.8M
$4.5M
Q1 25
$6.1M
Q4 24
$49.3M
$4.3M
Q3 24
$10.3M
Q2 24
$92.8M
$99.6M
Total Debt
ECO
ECO
HESM
HESM
Q1 26
Q4 25
$3.8B
Q3 25
Q2 25
Q1 25
Q4 24
$3.5B
Q3 24
Q2 24
Stockholders' Equity
ECO
ECO
HESM
HESM
Q1 26
Q4 25
$573.1M
Q3 25
Q2 25
$428.3M
Q1 25
Q4 24
$410.4M
Q3 24
Q2 24
$432.6M
Total Assets
ECO
ECO
HESM
HESM
Q1 26
Q4 25
$1.2B
$4.4B
Q3 25
$4.4B
Q2 25
$1.1B
$4.4B
Q1 25
$4.3B
Q4 24
$1.1B
$4.2B
Q3 24
$4.1B
Q2 24
$1.1B
$4.1B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ECO
ECO
HESM
HESM
Operating Cash FlowLast quarter
$111.3M
$253.3M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
51.4%
Cash ConversionOCF / Net Profit
1.61×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ECO
ECO
HESM
HESM
Q1 26
$253.3M
Q4 25
$111.3M
$245.6M
Q3 25
$132.2M
$258.9M
Q2 25
$276.9M
Q1 25
$202.4M
Q4 24
$162.8M
$258.5M
Q3 24
$224.9M
Q2 24
$271.6M
Free Cash Flow
ECO
ECO
HESM
HESM
Q1 26
Q4 25
$178.9M
Q3 25
$178.9M
Q2 25
$213.5M
Q1 25
$156.9M
Q4 24
$163.4M
Q3 24
$132.6M
Q2 24
$207.7M
FCF Margin
ECO
ECO
HESM
HESM
Q1 26
Q4 25
44.3%
Q3 25
42.5%
Q2 25
51.5%
Q1 25
41.1%
Q4 24
41.3%
Q3 24
35.0%
Q2 24
56.8%
Capex Intensity
ECO
ECO
HESM
HESM
Q1 26
51.4%
Q4 25
16.5%
Q3 25
19.0%
Q2 25
15.3%
Q1 25
11.9%
Q4 24
24.0%
Q3 24
24.4%
Q2 24
17.5%
Cash Conversion
ECO
ECO
HESM
HESM
Q1 26
1.61×
Q4 25
2.63×
Q3 25
2.65×
Q2 25
3.07×
Q1 25
2.83×
Q4 24
3.67×
Q3 24
3.84×
Q2 24
5.49×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

ECO
ECO

Segment breakdown not available.

HESM
HESM

Affiliate services$197.9M97%
Third-party services$6.2M3%

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