Hess Past Earnings Performance
Past criteria checks 6/6
Hess has been growing earnings at an average annual rate of 61.3%, while the Oil and Gas industry saw earnings growing at 31.4% annually. Revenues have been growing at an average rate of 17.8% per year. Hess's return on equity is 27%, and it has net margins of 21.9%.
Key information
61.3%
Earnings growth rate
61.4%
EPS growth rate
| Oil and Gas Industry Growth | 27.8% |
| Revenue growth rate | 17.8% |
| Return on equity | 27.0% |
| Net Margin | 21.9% |
| Last Earnings Update | 30 Jun 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How Hess makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Jun 24 | 12,080 | 2,646 | 2,577 | 0 |
| 31 Mar 24 | 11,185 | 2,008 | 2,531 | 0 |
| 31 Dec 23 | 10,295 | 1,382 | 2,535 | 0 |
| 30 Sep 23 | 10,224 | 1,466 | 2,538 | 0 |
| 30 Jun 23 | 10,535 | 1,477 | 2,463 | 0 |
| 31 Mar 23 | 11,180 | 2,025 | 2,290 | 0 |
| 31 Dec 22 | 11,069 | 2,096 | 2,171 | 0 |
| 30 Sep 22 | 10,455 | 1,864 | 1,943 | 0 |
| 30 Jun 22 | 9,122 | 1,464 | 1,822 | 0 |
| 31 Mar 22 | 7,692 | 724 | 1,783 | 0 |
| 31 Dec 21 | 7,301 | 559 | 1,711 | 0 |
| 30 Sep 21 | 6,325 | 197 | 1,597 | 0 |
| 30 Jun 21 | 5,733 | -161 | 1,584 | 0 |
| 31 Mar 21 | 5,092 | -408 | 1,551 | 0 |
| 31 Dec 20 | 4,543 | -3,093 | 1,725 | 0 |
| 30 Sep 20 | 4,885 | -3,218 | 1,966 | 0 |
| 30 Jun 20 | 5,293 | -3,187 | 1,997 | 0 |
| 31 Mar 20 | 6,090 | -2,873 | 2,002 | 0 |
| 31 Dec 19 | 6,311 | -412 | 1,820 | 0 |
| 30 Sep 19 | 6,287 | -206 | 1,702 | 0 |
| 30 Jun 19 | 6,500 | -47 | 1,757 | 0 |
| 31 Mar 19 | 6,378 | -183 | 1,813 | 0 |
| 31 Dec 18 | 6,152 | -328 | 1,824 | 0 |
| 30 Sep 18 | 6,177 | -3,001 | 1,907 | 0 |
| 30 Jun 18 | 5,752 | -3,583 | 1,892 | 0 |
| 31 Mar 18 | 5,427 | -3,901 | 1,936 | 0 |
| 31 Dec 17 | 5,347 | -4,120 | 2,049 | 0 |
| 30 Sep 17 | 5,076 | -6,334 | 2,295 | 0 |
| 30 Jun 17 | 4,905 | -6,050 | 2,393 | 0 |
| 31 Mar 17 | 4,934 | -5,994 | 2,542 | 0 |
| 31 Dec 16 | 4,661 | -6,173 | 2,690 | 0 |
| 30 Sep 16 | 4,738 | -3,083 | 2,644 | 0 |
| 30 Jun 16 | 5,230 | -2,998 | 2,856 | 0 |
| 31 Mar 16 | 5,942 | -3,147 | 2,893 | 0 |
| 31 Dec 15 | 6,490 | -3,008 | 2,929 | 0 |
| 30 Sep 15 | 7,543 | -1,201 | 2,880 | 0 |
| 30 Jun 15 | 8,510 | -598 | 2,973 | 0 |
| 31 Mar 15 | 9,353 | 930 | 3,018 | 0 |
| 31 Dec 14 | 10,462 | 1,635 | 3,020 | 0 |
| 30 Sep 14 | 10,558 | 2,569 | 3,173 | 0 |
| 30 Jun 14 | 10,585 | 2,590 | 3,003 | 0 |
| 31 Mar 14 | 10,806 | 3,030 | 3,115 | 0 |
| 31 Dec 13 | 11,533 | 3,866 | 3,436 | 0 |
| 30 Sep 13 | 23,444 | 3,214 | 3,162 | 0 |
Quality Earnings: HES has high quality earnings.
Growing Profit Margin: HES's current net profit margins (21.9%) are higher than last year (14%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HES has become profitable over the past 5 years, growing earnings by 61.3% per year.
Accelerating Growth: HES's earnings growth over the past year (79.1%) exceeds its 5-year average (61.3% per year).
Earnings vs Industry: HES earnings growth over the past year (79.1%) exceeded the Oil and Gas industry -16.2%.
Return on Equity
High ROE: HES's Return on Equity (27%) is considered high.