Hess Midstream (HESM) Deferred Taxes (2019 - 2026)
Hess Midstream (HESM) posted quarterly Deferred Taxes of $28.2 million for Q1 2026, up 23.14% year-over-year from $22.9 million in Q1 2025, and down 6.31% quarter-over-quarter from $30.1 million in Q4 2025.
Hess Midstream (HESM) Deferred Taxes (2019 - 2026) Analysis & Trends
Hess Midstream's Deferred Taxes history runs 8 years deep, the most recent figure standing at $28.2 million for Q1 2026.
- In Q1 2026, Deferred Taxes rose 23.14% year-over-year to $28.2 million; the TTM figure through Mar 2026 stood at $119.0 million (up 48.19% YoY), while the FY2025 annual figure was $113.7 million, up 58.8% from the prior year.
- Deferred Taxes for Q1 2026 stood at $28.2 million, down from $30.1 million in the prior quarter.
- The five-year high for Deferred Taxes was $31.6 million in Q3 2025, with the low at $5.0 million in Q1 2022.
- The 5-year median for Deferred Taxes is $14.2 million (2024), against an average of $16.4 million.
- The sharpest annual moves came in 2022 and 2023: Deferred Taxes soared 141.94% in 2022, then rose 14.08% in 2023.
- Hess Midstream's Deferred Taxes stood at $7.0 million in 2022, then soared by 71.43% to $12.0 million in 2023, then surged by 88.33% to $22.6 million in 2024, then soared by 33.19% to $30.1 million in 2025, then decreased by 6.31% to $28.2 million in 2026.
- Business Quant data shows HESM's Deferred Taxes at $28.2 million in Q1 2026, $30.1 million in Q4 2025, and $31.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 295.00 Mn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 133.02 Mn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 5.00 Mn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 74.00 Mn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 160.49 Mn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | - |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 289.00 Mn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 226.40 Mn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 312.00 Mn |
| 10 | Hess Midstream | 5.10 Bn | 5.10 Bn | - | 31.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.10 Mn |
| Mar 31, 2026 | 28.20 Mn |
| Dec 31, 2025 | 30.10 Mn |
| Sep 30, 2025 | 31.60 Mn |
| Jun 30, 2025 | 29.10 Mn |
| Mar 31, 2025 | 22.90 Mn |
| Dec 31, 2024 | 22.60 Mn |
| Sep 30, 2024 | 18.90 Mn |
| Jun 30, 2024 | 15.90 Mn |
| Mar 31, 2024 | 14.20 Mn |
| Dec 31, 2023 | 12.00 Mn |
| Sep 30, 2023 | 11.30 Mn |
| Jun 30, 2023 | 8.10 Mn |
| Mar 31, 2023 | 6.50 Mn |
| Dec 31, 2022 | 7.00 Mn |
| Sep 30, 2022 | 7.50 Mn |
| Jun 30, 2022 | 7.10 Mn |
| Mar 31, 2022 | 5.00 Mn |
| Dec 31, 2021 | 5.40 Mn |
| Sep 30, 2021 | 3.10 Mn |