Hess Midstream (HESM) Tax Rate (2020 - 2026)

Hess Midstream has disclosed Tax Rate across 7 years of filings, most recently posting 15.17% for Q1 2026.

• Tax Rate for Q1 2026 came in at 15.17%, up 270.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.68% (down 219.0% YoY), and the FY2025 annual result was 0.03%, down 169.0% from the prior year.
• Tax Rate came in at 15.17% for Q1 2026 at Hess Midstream, up from 42.08% in the prior quarter.
• Over the last five years, Tax Rate for HESM reached as high as 15.22% in Q3 2025 and fell as low as 42.08% in Q4 2025.
• Median Tax Rate over the past 5 years was 6.47% (2023), compared with a mean of 2.72%.
• Year-over-year, Tax Rate jumped 1966 bps in 2023 and sank 2607 bps in 2024.
• Over 5 years, Tax Rate stood at 12.44% in 2022, then soared by 158 bps to 7.23% in 2023, then slumped by 361 bps to 18.85% in 2024, then sank by 123 bps to 42.08% in 2025, then soared by 136 bps to 15.17% in 2026.
• Per Business Quant, the three latest HESM Tax Rate figures stand at 15.17% (Q1 2026), 42.08% (Q4 2025), and 15.22% (Q3 2025).