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
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