Hess Midstream (HESM) Long-Term Deferred Tax (2018 - 2026)

Hess Midstream (HESM) posted quarterly Long-Term Deferred Tax of $744.6 million for Q1 2026, up 6.75% year-over-year from $697.5 million in Q1 2025, and down 3.79% quarter-over-quarter from $773.9 million in Q4 2025.

Hess Midstream (HESM) Long-Term Deferred Tax (2018 - 2026) Analysis & Trends

Hess Midstream's Long-Term Deferred Tax history runs 9 years deep, the most recent figure standing at $744.6 million for Q1 2026.

  • In Q1 2026, Long-Term Deferred Tax rose 6.75% year-over-year to $744.6 million; the TTM figure through Mar 2026 stood at $744.6 million (up 6.75% YoY), while the FY2025 annual figure was $773.9 million, up 32.84% from the prior year.
  • Long-Term Deferred Tax for Q1 2026 stood at $744.6 million, down from $773.9 million in the prior quarter.
  • The five-year high for Long-Term Deferred Tax was $837.3 million in Q2 2025, with the low at $4.3 million in Q1 2023.
  • The 5-year median for Long-Term Deferred Tax is $185.1 million (2023), against an average of $363.7 million.
  • The sharpest annual moves came in 2023 and 2024: Long-Term Deferred Tax plunged 96.17% in 2023, then jumped 2234.88% in 2024.
  • Hess Midstream's Long-Term Deferred Tax stood at $86.4 million in 2022, then surged by 114.24% to $185.1 million in 2023, then jumped by 214.75% to $582.6 million in 2024, then surged by 32.84% to $773.9 million in 2025, then dropped by 3.79% to $744.6 million in 2026.
  • Business Quant data shows HESM's Long-Term Deferred Tax at $744.6 million in Q1 2026, $773.9 million in Q4 2025, and $804.0 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn
3 Enterprise Products Partners 83.45 Bn 82.54 Bn -
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn
10 Hess Midstream 5.10 Bn 5.10 Bn -

Historic Data

Download Data
DateValue
Jun 30, 2026 713.50 Mn
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