Hess Midstream (HESM) Long-Term Deferred Tax (2018 - 2026)
Hess Midstream (HESM) posted Long-Term Deferred Tax of $713.5 million for Q2 2026, down 4.18% on a QoQ basis from $744.6 million in Q1 2026, and down 14.79% year-over-year from $837.3 million in Q2 2025.
Analysis
Hess Midstream (HESM) Long-Term Deferred Tax (2018 - 2026) Analysis & Trends
Hess Midstream has reported Long-Term Deferred Tax for 9 years, with the latest figure at $713.5 million in Q2 2026.
- On a quarterly basis, Long-Term Deferred Tax fell 14.79% year-over-year to $713.5 million in Q2 2026; TTM through Jun 2026 was $713.5 million, a 14.79% decrease from a year earlier, with the FY2025 full-year figure at $773.9 million, up 32.84% from the prior year.
- Long-Term Deferred Tax was $713.5 million for Q2 2026 at Hess Midstream, down from $744.6 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 $112.3 million in Q1 2022.
- Average Long-Term Deferred Tax over 5 years is $467.7 million, with a median of $456.0 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2026: Long-Term Deferred Tax jumped 205.1% in 2022, then dropped 14.79% in 2026.
- Over 5 years, Long-Term Deferred Tax stood at $177.2 million in 2022, then soared by 83.07% to $324.4 million in 2023, then surged by 79.59% to $582.6 million in 2024, then jumped by 32.84% to $773.9 million in 2025, then fell by 7.8% to $713.5 million in 2026.
- The last three Long-Term Deferred Tax figures came in at $713.5 million (Q2 2026), $744.6 million (Q1 2026), and $773.9 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Kinder Morgan | 111.69 Bn | 112.81 Bn | 3.07 Bn |
| 2 | Enterprise Products Partners | 84.07 Bn | 83.21 Bn | - |
| 3 | Energy Transfer | 74.03 Bn | 73.00 Bn | 7.40 Bn |
| 4 | Tc Energy | 65.16 Bn | 64.62 Bn | 1.80 Bn |
| 5 | Targa Resources | 62.18 Bn | 62.19 Bn | 2.14 Bn |
| 6 | Mplx | 60.51 Bn | 59.48 Bn | 2.73 Bn |
| 7 | Oneok | 60.16 Bn | 60.09 Bn | 2.81 Bn |
| 8 | Enbridge | 54.38 Bn | 54.88 Bn | 5.23 Bn |
| 9 | Pembina Pipeline | 28.12 Bn | 27.76 Bn | 933.00 Mn |
| 10 | Hess Midstream | 5.12 Bn | 5.12 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 501.60 Mn |
| Mar 31, 2024 | 410.50 Mn |
| Dec 31, 2023 | 324.40 Mn |
| Sep 30, 2023 | 329.00 Mn |
| Jun 30, 2023 | 254.00 Mn |
| Mar 31, 2023 | 174.90 Mn |
| Dec 31, 2022 | 177.20 Mn |
| Sep 30, 2022 | 184.10 Mn |
| Jun 30, 2022 | 191.60 Mn |
| Mar 31, 2022 | 112.30 Mn |
| Dec 31, 2021 | 117.30 Mn |
| Sep 30, 2021 | 74.50 Mn |