Hess Midstream (HESM) Long-Term Deferred Tax (2018 - 2026)
Hess Midstream (HESM) posted Long-Term Deferred Tax of $744.6 million for Q1 2026, down 3.79% on a QoQ basis from $773.9 million in Q4 2025, and up 6.75% year-on-year from $697.5 million in Q1 2025.
Hess Midstream (HESM) Long-Term Deferred Tax (2018 - 2026) Analysis & Trends
Hess Midstream has disclosed Long-Term Deferred Tax across 9 years of filings, most recently posting $744.6 million for Q1 2026.
- Long-Term Deferred Tax for Q1 2026 came in at $744.6 million, up 6.75% year-over-year; the trailing twelve-month figure through Mar 2026 was $744.6 million (up 6.75% YoY), and the FY2025 annual result was $773.9 million, up 32.84% from the prior year.
- Long-Term Deferred Tax came in at $744.6 million for Q1 2026 at Hess Midstream, down from $773.9 million in the prior quarter.
- Over the last five years, Long-Term Deferred Tax for HESM reached as high as $837.3 million in Q2 2025 and fell as low as $4.3 million in Q1 2023.
- Median Long-Term Deferred Tax over the past 5 years was $185.1 million (2023), compared with a mean of $363.7 million.
- Year-over-year, Long-Term Deferred Tax plunged 96.17% in 2023 and soared 2234.88% in 2024.
- Over 5 years, Long-Term Deferred Tax stood at $86.4 million in 2022, then soared by 114.24% to $185.1 million in 2023, then surged by 214.75% to $582.6 million in 2024, then soared by 32.84% to $773.9 million in 2025, then declined by 3.79% to $744.6 million in 2026.
- Per Business Quant, the three latest HESM Long-Term Deferred Tax figures stand at $744.6 million (Q1 2026), $773.9 million (Q4 2025), and $804.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn |
| 10 | Hess Midstream | 4.86 Bn | 4.85 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 744.60 Mn |
| Dec 31, 2025 | 773.90 Mn |
| Sep 30, 2025 | 804.00 Mn |
| Jun 30, 2025 | 837.30 Mn |
| Mar 31, 2025 | 697.50 Mn |
| Dec 31, 2024 | 582.60 Mn |
| Sep 30, 2024 | 605.20 Mn |
| Jun 30, 2024 | 207.40 Mn |
| Mar 31, 2024 | 100.40 Mn |
| Dec 31, 2023 | 185.10 Mn |
| Sep 30, 2023 | 177.70 Mn |
| Jun 30, 2023 | 91.50 Mn |
| Mar 31, 2023 | 4.30 Mn |
| Dec 31, 2022 | 86.40 Mn |
| Sep 30, 2022 | 86.40 Mn |
| Jun 30, 2022 | 86.40 Mn |
| Mar 31, 2022 | 112.30 Mn |
| Dec 31, 2021 | 89.00 Mn |
| Sep 30, 2021 | 41.20 Mn |
| Jun 30, 2021 | 26.40 Mn |