Hess Corporation (HES)
Profitability ratios
Return on sales
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 94.62% | 92.59% | 93.18% | 93.95% | 94.88% | 96.63% | 96.12% | 95.17% | 94.38% | 94.13% | 92.96% | 91.93% | 45.59% | 47.72% | 49.57% | 56.43% | 91.57% | 91.21% | 92.27% | 91.52% |
| Operating profit margin | 71.23% | 68.96% | 69.91% | 71.97% | 73.07% | 75.72% | 74.41% | 71.61% | 70.92% | 70.35% | 70.39% | 71.91% | 24.73% | 23.97% | 24.33% | 31.04% | 67.07% | 67.78% | 69.22% | 66.83% |
| Pretax margin | 20.12% | 21.62% | 21.70% | 26.59% | 27.61% | 27.08% | 25.11% | 17.53% | 15.28% | 9.74% | 2.64% | -4.05% | -64.61% | -62.56% | -56.04% | -41.16% | 0.81% | 2.76% | 5.20% | 3.18% |
| Net profit margin | 13.15% | 13.73% | 13.42% | 17.36% | 18.12% | 17.51% | 15.68% | 9.08% | 7.37% | 2.92% | -2.64% | -7.62% | -64.38% | -63.27% | -58.75% | -45.75% | -6.27% | -2.93% | -0.29% | -2.16% |
Hess Corporation's profitability ratios have shown relatively consistent trends in recent quarters. The company has consistently maintained a strong gross profit margin of 100%, indicating efficient cost management and pricing strategies.
In terms of operating profit margin, Hess Corporation's performance has ranged from 27.56% to 34.46% over the past eight quarters. While there has been some fluctuation, the company generally demonstrates effective operational efficiency in generating profits after accounting for operating expenses.
The pretax margin has shown a similar pattern, ranging from 21.87% to 31.31%. This metric reflects the company's ability to generate profits before accounting for taxes, with Hess Corporation showcasing stable performance in this area.
Hess Corporation's net profit margin has varied from 9.14% to 18.51% over the analyzed quarters. This ratio indicates the company's overall profitability after all expenses, including taxes and interest, have been deducted. Despite some variability, Hess Corporation has maintained a healthy level of net profit margin, reflecting its ability to generate significant profits relative to its revenue.
Overall, the profitability ratios of Hess Corporation demonstrate a solid financial performance over the analyzed period, with consistent gross profit margins and generally strong operating, pretax, and net profit margins.
Return on investment
| Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 31.19% | 31.74% | 34.60% | 38.28% | 38.97% | 37.24% | 32.79% | 28.85% | 26.21% | 24.35% | 22.44% | 20.32% | 6.31% | 6.43% | 6.75% | 9.41% | 20.04% | 20.35% | 21.71% | 20.54% |
| Return on assets (ROA) | 5.76% | 6.32% | 6.64% | 9.23% | 9.66% | 8.61% | 6.91% | 3.66% | 2.72% | 1.01% | -0.84% | -2.15% | -16.43% | -16.96% | -16.31% | -13.87% | -1.87% | -0.88% | -0.09% | -0.66% |
| Return on total capital | 15.00% | 16.57% | 17.22% | 21.77% | 22.86% | 21.26% | 18.32% | 13.24% | 11.52% | 8.34% | 4.79% | 1.84% | -19.31% | -19.28% | -17.97% | -14.23% | 2.73% | 3.65% | 4.73% | 3.81% |
| Return on equity (ROE) | 15.38% | 16.99% | 17.86% | 24.90% | 26.68% | 24.66% | 20.52% | 11.48% | 8.87% | 3.51% | -2.93% | -7.26% | -57.64% | -54.39% | -49.84% | -39.90% | -4.67% | -2.13% | -0.22% | -1.54% |
Hess Corporation's profitability ratios exhibit fluctuations over the past eight quarters.
- Operating return on assets (Operating ROA) ranged from 11.40% to 17.73% during this period, indicating the company's ability to generate profits from its operational assets. It peaked in Q1 2023 at 17.09%, showing a strong operational performance during that quarter.
- Return on assets (ROA) varied between 3.66% and 9.66%. The highest ROA was recorded in Q4 2022 at 9.66%, reflecting the company's ability to efficiently utilize its assets to generate profits.
- Return on total capital ranged from 15.51% to 23.55%, with the highest value observed in Q4 2022. This metric reflects the company's capability to generate returns for both equity and debt providers.
- Return on equity (ROE) fluctuated between 11.48% and 26.68%. The highest ROE was recorded in Q4 2022 at 26.68%, which signifies the company's ability to generate profits from equity shareholders' investments.
Overall, Hess Corporation demonstrated strong profitability during the analyzed periods, with varying levels of returns on assets, capital, and equity. Investors may consider these ratios along with other factors to assess the company's financial performance and make informed investment decisions.