Hess Corporation (HES)
Return on total capital
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 4,703,000 | 4,514,000 | 4,478,000 | 3,794,000 | 3,025,000 | 3,281,000 | 3,420,000 | 4,051,000 | 4,127,000 | 3,759,000 | 3,116,000 | 2,316,000 | 2,089,000 | 1,484,000 | 1,000,000 | 439,000 | -343,000 | -396,000 | -286,000 | 116,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 11,424,000 | 10,821,000 | 10,487,000 | 9,868,000 | 8,986,000 | 8,631,000 | 8,272,000 | 8,133,000 | 7,982,000 | 7,559,000 | 7,136,000 | 6,308,000 | 6,300,000 | 5,609,000 | 5,488,000 | 5,616,000 | 5,366,000 | 5,916,000 | 6,395,000 | 7,200,000 |
| Return on total capital | 41.17% | 41.72% | 42.70% | 38.45% | 33.66% | 38.01% | 41.34% | 49.81% | 51.70% | 49.73% | 43.67% | 36.72% | 33.16% | 26.46% | 18.22% | 7.82% | -6.39% | -6.69% | -4.47% | 1.61% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $4,703,000K ÷ ($—K + $11,424,000K)
= 41.17%
Hess Corporation's return on total capital has displayed significant fluctuations over the period provided, ranging from -6.69% in September 2020 to a high of 51.70% in December 2022. The return on total capital has generally trended upwards, showing a positive growth trajectory from 1.61% in March 2020 to 41.17% in December 2024. This indicates that the company has been increasingly effective in generating profit relative to the total capital employed in its operations. A high return on total capital suggests that the company is efficiently utilizing its resources to generate profits for its stakeholders. However, the fluctuations in the figures also indicate some degree of volatility in the company's performance, which may be influenced by various internal and external factors affecting its operations and profitability.
Peer comparison
Dec 31, 2024