Hess Midstream (HESM) Deferred Taxes (2020 - 2026)
Hess Midstream (HESM) reported Deferred Taxes of $32.1 million for Q3 2026, up 1.9% from $31.5 million a year earlier and up 3.2% from the prior quarter.
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Analysis
Hess Midstream (HESM) Deferred Taxes (2020 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Hess Midstream's Deferred Taxes came in at $121.5 million, up 14.5% year-over-year; for FY2025, it was $113.7 million, up 58.8% from FY2024.
- Deferred Taxes has increased for five consecutive years, with a five-year compound annual growth rate of 73.2% (FY2020 to FY2025).
- By year, Deferred Taxes came in at $71.6 million in FY2024 (+88.9%), $37.9 million in FY2023 (+42.5%), $26.6 million in FY2022 (+82.2%) and $14.6 million in FY2021 (+100.0%).
- The Q3 2026 figure ranks as the highest quarterly Deferred Taxes in data going back to Q1 2020.
- Year over year, Deferred Taxes has now increased in each of the last 23 quarters, with growth averaging 45.4% over the last eight quarters.
- The year-over-year growth in Deferred Taxes has ranged between 1.9% (Q3 2026) and 157.1% (Q4 2021) over the last five years.
- Per Business Quant data, the three quarters before Q3 2026 came in at $31.1 million (Q2 2026), $28.2 million (Q1 2026) and $30.1 million (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 106.26 Bn | 104.14 Bn | 4.35 Bn | 206.44 Mn |
| 2 | Williams Companies | 86.41 Bn | 89.20 Bn | 2.59 Bn | 224.00 Mn |
| 3 | Enterprise Products Partners | 82.58 Bn | 80.98 Bn | 14.00 Mn | 11.00 Mn |
| 4 | Kinder Morgan | 71.13 Bn | 71.22 Bn | 2.97 Bn | 194.00 Mn |
| 5 | Tc Energy | 67.40 Bn | 71.05 Bn | - | 125.01 Mn |
| 6 | Energy Transfer | 66.89 Bn | 62.98 Bn | 6.57 Bn | 21.00 Mn |
| 7 | Targa Resources | 63.77 Bn | 62.98 Bn | 2.02 Bn | 174.40 Mn |
| 8 | Cheniere Energy | 63.04 Bn | 62.60 Bn | 2.97 Bn | 69.00 Mn |
| 9 | Mplx | 58.00 Bn | 52.25 Bn | 3.19 Bn | - |
| 10 | Hess Midstream | 3.97 Bn | 3.85 Bn | - | 32.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 32.10 Mn |
| Jun 30, 2026 | 31.10 Mn |
| Mar 31, 2026 | 28.20 Mn |
| Dec 31, 2025 | 30.10 Mn |
| Sep 30, 2025 | 31.50 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 | 16.00 Mn |
| Mar 31, 2024 | 14.20 Mn |
| Dec 31, 2023 | 12.00 Mn |
| Sep 30, 2023 | 11.40 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 |
API Access
Hess Midstream Deferred Taxes API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=deferred-taxes&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "deferred-taxes", "ticker": "HESM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=deferred-taxes&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();