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
DateValue
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