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

Hess Midstream's Tax Rate history runs 7 years deep, the most recent figure standing at 15.17% for Q1 2026.

• In Q1 2026, Tax Rate rose 270.0% year-over-year to 15.17%; the TTM figure through Mar 2026 stood at 0.68% (down 219.0% YoY), while the FY2025 annual figure was 0.03%, down 169.0% from the prior year.
• Tax Rate was 15.17% for Q1 2026 at Hess Midstream, up from 42.08% in the prior quarter.
• In the past five years, Tax Rate ranged from a high of 15.22% in Q3 2025 to a low of 42.08% in Q4 2025.
• Historically, Tax Rate has averaged 2.72% across 5 years, with a median of 6.47% in 2023.
• The sharpest annual moves came in 2023 and 2024: Tax Rate soared 1966 bps in 2023, then slumped 2607 bps in 2024.
• A 5-year view of Tax Rate shows it stood at 12.44% in 2022, then soared by 158 bps to 7.23% in 2023, then plunged by 361 bps to 18.85% in 2024, then tumbled by 123 bps to 42.08% in 2025, then soared by 136 bps to 15.17% in 2026.
• The last three Tax Rate figures came in at 15.17% (Q1 2026), 42.08% (Q4 2025), and 15.22% (Q3 2025), per Business Quant data.