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Side-by-side financial comparison of Hess Midstream LP (HESM) and WSFS FINANCIAL CORP (WSFS). Click either name above to swap in a different company.

Hess Midstream LP is the larger business by last-quarter revenue ($404.2M vs $275.3M, roughly 1.5× WSFS FINANCIAL CORP). WSFS FINANCIAL CORP runs the higher net margin — 31.5% vs 23.1%, a 8.4% gap on every dollar of revenue. On growth, WSFS FINANCIAL CORP posted the faster year-over-year revenue change (7.5% vs 2.1%). Over the past eight quarters, Hess Midstream LP's revenue compounded faster (6.6% CAGR vs 1.7%).

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.

WSFS Financial Corporation is a financial services company. Its primary subsidiary, WSFS Bank, a federal savings bank, is the largest and longest-standing locally managed bank and wealth management franchise headquartered in Delaware and the Greater Delaware Valley. WSFS operates from 115 offices, 88 of which are banking offices, located in Pennsylvania (57), Delaware (39), New Jersey (14), Florida (2), Virginia (1), and Nevada (1) and provides comprehensive financial services including comme...

HESM vs WSFS — Head-to-Head

Bigger by revenue
HESM
HESM
1.5× larger
HESM
$404.2M
$275.3M
WSFS
Growing faster (revenue YoY)
WSFS
WSFS
+5.4% gap
WSFS
7.5%
2.1%
HESM
Higher net margin
WSFS
WSFS
8.4% more per $
WSFS
31.5%
23.1%
HESM
Faster 2-yr revenue CAGR
HESM
HESM
Annualised
HESM
6.6%
1.7%
WSFS

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
HESM
HESM
WSFS
WSFS
Revenue
$404.2M
$275.3M
Net Profit
$93.3M
$86.8M
Gross Margin
Operating Margin
62.2%
Net Margin
23.1%
31.5%
Revenue YoY
2.1%
7.5%
Net Profit YoY
32.5%
31.7%
EPS (diluted)
$1.64

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
HESM
HESM
WSFS
WSFS
Q1 26
$275.3M
Q4 25
$404.2M
$271.9M
Q3 25
$420.9M
$270.5M
Q2 25
$414.2M
$267.5M
Q1 25
$382.0M
$256.1M
Q4 24
$395.9M
$261.5M
Q3 24
$378.5M
$267.7M
Q2 24
$365.5M
$266.0M
Net Profit
HESM
HESM
WSFS
WSFS
Q1 26
$86.8M
Q4 25
$93.3M
$72.7M
Q3 25
$97.7M
$76.4M
Q2 25
$90.3M
$72.3M
Q1 25
$71.6M
$65.9M
Q4 24
$70.4M
$64.2M
Q3 24
$58.6M
$64.4M
Q2 24
$49.5M
$69.3M
Operating Margin
HESM
HESM
WSFS
WSFS
Q1 26
Q4 25
62.2%
35.8%
Q3 25
61.5%
37.3%
Q2 25
62.8%
35.7%
Q1 25
62.1%
34.0%
Q4 24
61.4%
32.3%
Q3 24
61.2%
31.9%
Q2 24
60.8%
34.0%
Net Margin
HESM
HESM
WSFS
WSFS
Q1 26
31.5%
Q4 25
23.1%
26.7%
Q3 25
23.2%
28.3%
Q2 25
21.8%
27.0%
Q1 25
18.7%
25.7%
Q4 24
17.8%
24.6%
Q3 24
15.5%
24.1%
Q2 24
13.5%
26.0%
EPS (diluted)
HESM
HESM
WSFS
WSFS
Q1 26
$1.64
Q4 25
$1.33
Q3 25
$1.37
Q2 25
$1.27
Q1 25
$1.12
Q4 24
$1.08
Q3 24
$1.08
Q2 24
$1.16

Balance Sheet & Financial Strength

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

Metric
HESM
HESM
WSFS
WSFS
Cash + ST InvestmentsLiquidity on hand
$1.9M
Total DebtLower is stronger
$3.8B
Stockholders' EquityBook value
$2.7B
Total Assets
$4.4B
$22.1B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HESM
HESM
WSFS
WSFS
Q1 26
Q4 25
$1.9M
$1.7B
Q3 25
$5.5M
Q2 25
$4.5M
Q1 25
$6.1M
Q4 24
$4.3M
$1.2B
Q3 24
$10.3M
Q2 24
$99.6M
Total Debt
HESM
HESM
WSFS
WSFS
Q1 26
Q4 25
$3.8B
Q3 25
Q2 25
Q1 25
Q4 24
$3.5B
Q3 24
Q2 24
Stockholders' Equity
HESM
HESM
WSFS
WSFS
Q1 26
$2.7B
Q4 25
$2.7B
Q3 25
$2.8B
Q2 25
$2.7B
Q1 25
$2.7B
Q4 24
$2.6B
Q3 24
$2.7B
Q2 24
$2.5B
Total Assets
HESM
HESM
WSFS
WSFS
Q1 26
$22.1B
Q4 25
$4.4B
$21.3B
Q3 25
$4.4B
$20.8B
Q2 25
$4.4B
$20.8B
Q1 25
$4.3B
$20.5B
Q4 24
$4.2B
$20.8B
Q3 24
$4.1B
$20.9B
Q2 24
$4.1B
$20.7B

Cash Flow & Capital Efficiency

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

Metric
HESM
HESM
WSFS
WSFS
Operating Cash FlowLast quarter
$245.6M
Free Cash FlowOCF − Capex
$178.9M
FCF MarginFCF / Revenue
44.3%
Capex IntensityCapex / Revenue
16.5%
Cash ConversionOCF / Net Profit
2.63×
TTM Free Cash FlowTrailing 4 quarters
$728.2M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HESM
HESM
WSFS
WSFS
Q1 26
Q4 25
$245.6M
$220.0M
Q3 25
$258.9M
$121.5M
Q2 25
$276.9M
$37.2M
Q1 25
$202.4M
$8.7M
Q4 24
$258.5M
$219.9M
Q3 24
$224.9M
$3.1M
Q2 24
$271.6M
$44.8M
Free Cash Flow
HESM
HESM
WSFS
WSFS
Q1 26
Q4 25
$178.9M
$213.6M
Q3 25
$178.9M
$120.3M
Q2 25
$213.5M
$35.2M
Q1 25
$156.9M
$6.3M
Q4 24
$163.4M
$205.6M
Q3 24
$132.6M
$-489.0K
Q2 24
$207.7M
$42.1M
FCF Margin
HESM
HESM
WSFS
WSFS
Q1 26
Q4 25
44.3%
78.6%
Q3 25
42.5%
44.5%
Q2 25
51.5%
13.2%
Q1 25
41.1%
2.5%
Q4 24
41.3%
78.6%
Q3 24
35.0%
-0.2%
Q2 24
56.8%
15.8%
Capex Intensity
HESM
HESM
WSFS
WSFS
Q1 26
Q4 25
16.5%
2.3%
Q3 25
19.0%
0.5%
Q2 25
15.3%
0.7%
Q1 25
11.9%
0.9%
Q4 24
24.0%
5.5%
Q3 24
24.4%
1.4%
Q2 24
17.5%
1.0%
Cash Conversion
HESM
HESM
WSFS
WSFS
Q1 26
Q4 25
2.63×
3.03×
Q3 25
2.65×
1.59×
Q2 25
3.07×
0.51×
Q1 25
2.83×
0.13×
Q4 24
3.67×
3.43×
Q3 24
3.84×
0.05×
Q2 24
5.49×
0.65×

Financial Flow Comparison

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

Revenue Breakdown by Segment

HESM
HESM

Gathering$217.3M54%
Processing And Storage$154.7M38%
Terminaling And Export$32.2M8%

WSFS
WSFS

Segment breakdown not available.

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