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| 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 | 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 |