Hess Midstream (HESM) Long-Term Deferred Tax (2018 - 2026)
Hess Midstream (HESM) recorded quarterly Long-Term Deferred Tax of $744.6 million in Q1 2026, down 3.79% quarter-over-quarter from $773.9 million in Q4 2025, and up 6.75% on a YoY basis from $697.5 million in Q1 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 was $744.6 million for Q1 2026 at Hess Midstream, down from $773.9 million in the prior quarter.
- In the past five years, Long-Term Deferred Tax ranged from a high of $837.3 million in Q2 2025 to a low of $4.3 million in Q1 2023.
- Historically, Long-Term Deferred Tax has averaged $363.7 million across 5 years, with a median of $185.1 million in 2023.
- The sharpest annual moves came in 2023 and 2024: Long-Term Deferred Tax sank 96.17% in 2023, then surged 2234.88% in 2024.
- A 5-year view of Long-Term Deferred Tax shows it 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.
- The last three Long-Term Deferred Tax figures came in at $744.6 million (Q1 2026), $773.9 million (Q4 2025), and $804.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn |
| 10 | Hess Midstream | 4.98 Bn | 4.97 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 |