Hess Midstream (HESM) Tax Provisions (2020 - 2026)
Hess Midstream's Tax Provisions came in at $31.1 million for Q2 2026, up 6.9% from $29.1 million a year earlier and up 10.3% from the prior quarter.
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Analysis
Hess Midstream (HESM) Tax Provisions (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Hess Midstream reported Tax Provisions of $121 million, up 29.3% year-over-year; for FY2025, it came in at $113.8 million, up 58.5% from FY2024.
- Tax Provisions has increased in each of the last five years, with a five-year compound annual growth rate of 73.2% (FY2020 to FY2025).
- Going back by year, Tax Provisions was $71.8 million in FY2024 (+89.4%), $37.9 million in FY2023 (+42.5%), $26.6 million in FY2022 (+82.2%) and $14.6 million in FY2021 (+100.0%).
- The five-year range for quarterly Tax Provisions is $3.1 million (Q3 2021) to $31.5 million (Q3 2025).
- Year-over-year, Tax Provisions has increased for 22 consecutive quarters, with growth averaging 53.5% over the last eight quarters.
- The year-over-year growth in Tax Provisions has ranged between 6.9% (Q2 2026) and 157.1% (Q4 2021) over the last five years.
- Business Quant data shows HESM's Tax Provisions at $28.2 million (Q1 2026), $30.2 million (Q4 2025) and $31.5 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 319.53 Mn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 12.00 Mn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 194.00 Mn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | 272.00 Mn |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | 227.20 Mn |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 2.00 Mn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 366.00 Mn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 299.00 Mn |
| 10 | Hess Midstream | 4.80 Bn | 4.78 Bn | - | 31.10 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.10 Mn |
| Mar 31, 2026 | 28.20 Mn |
| Dec 31, 2025 | 30.20 Mn |
| Sep 30, 2025 | 31.50 Mn |
| Jun 30, 2025 | 29.10 Mn |
| Mar 31, 2025 | 23.00 Mn |
| Dec 31, 2024 | 22.60 Mn |
| Sep 30, 2024 | 18.90 Mn |
| Jun 30, 2024 | 16.00 Mn |
| Mar 31, 2024 | 14.30 Mn |
| Dec 31, 2023 | 11.90 Mn |
| Sep 30, 2023 | 11.40 Mn |
| Jun 30, 2023 | 8.10 Mn |
| Mar 31, 2023 | 6.50 Mn |
| Dec 31, 2022 | 7.00 Mn |
| Sep 30, 2022 | 7.50 Mn |
| Jun 30, 2022 | 7.10 Mn |
| Mar 31, 2022 | 5.00 Mn |
| Dec 31, 2021 | 5.40 Mn |
| Sep 30, 2021 | 3.10 Mn |
API Access
Hess Midstream Tax Provisions API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-provisions&ticker=HESM&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "ticker": "HESM", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-provisions&ticker=HESM&period=max&api_key=YOUR_API_KEY");
const data = await res.json();