Stock Analysis on Net

Hess Corp. (NYSE:HES)

This company has been moved to the archive! The financial data has not been updated since November 2, 2023.

Analysis of Profitability Ratios 

Microsoft Excel

Profitability Ratios (Summary)

Hess Corp., profitability ratios

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Return on Sales
Operating profit margin 35.67% 26.37% -51.04% 9.25% 10.63%
Net profit margin 18.51% 7.48% -66.27% -6.28% -4.46%
Return on Investment
Return on equity (ROE) 26.68% 8.87% -57.64% -4.67% -2.93%
Return on assets (ROA) 9.66% 2.72% -16.43% -1.87% -1.32%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Hess Corp. operating profit margin ratio improved from 2020 to 2021 and from 2021 to 2022.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Hess Corp. net profit margin ratio improved from 2020 to 2021 and from 2021 to 2022.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Hess Corp. ROE improved from 2020 to 2021 and from 2021 to 2022.
ROA A profitability ratio calculated as net income divided by total assets. Hess Corp. ROA improved from 2020 to 2021 and from 2021 to 2022.

Operating Profit Margin

Hess Corp., operating profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Income (loss) before interest and income taxes 4,039 1,971 (2,382) 601 672
Sales and other operating revenues 11,324 7,473 4,667 6,495 6,323
Profitability Ratio
Operating profit margin1 35.67% 26.37% -51.04% 9.25% 10.63%
Benchmarks
Operating Profit Margin, Competitors2
Chevron Corp. 21.42% 14.81% -6.22% 4.83%
ConocoPhillips 36.80% 29.84% -12.74% 32.04%
Exxon Mobil Corp. 19.82% 11.91% -14.85% 8.66%
Marathon Petroleum Corp. 12.10% 3.58% -17.55% 4.50%
Occidental Petroleum Corp. 38.32% 17.59% -79.89% 3.17%
Pioneer Natural Resources Co. 42.04% 18.56% 2.69% 16.09%
Valero Energy Corp. 8.90% 1.87% -2.43% 3.54%
Operating Profit Margin, Sector
Oil, Gas & Consumable Fuels 19.49% 11.11% -13.88% 7.38%
Operating Profit Margin, Industry
Energy 19.38% 11.14% -15.51% 5.64%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Operating profit margin = 100 × Income (loss) before interest and income taxes ÷ Sales and other operating revenues
= 100 × 4,039 ÷ 11,324 = 35.67%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Hess Corp. operating profit margin ratio improved from 2020 to 2021 and from 2021 to 2022.

Net Profit Margin

Hess Corp., net profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net income (loss) attributable to Hess Corporation 2,096 559 (3,093) (408) (282)
Sales and other operating revenues 11,324 7,473 4,667 6,495 6,323
Profitability Ratio
Net profit margin1 18.51% 7.48% -66.27% -6.28% -4.46%
Benchmarks
Net Profit Margin, Competitors2
Chevron Corp. 15.05% 10.04% -5.87% 2.09%
ConocoPhillips 23.80% 17.63% -14.38% 22.07%
Exxon Mobil Corp. 13.98% 8.33% -12.57% 5.61%
Marathon Petroleum Corp. 8.18% 8.12% -14.08% 2.13%
Occidental Petroleum Corp. 36.32% 8.95% -83.28% -3.27%
Pioneer Natural Resources Co. 32.17% 11.85% -2.85% 7.82%
Valero Energy Corp. 6.54% 0.82% -2.19% 2.24%
Net Profit Margin, Sector
Oil, Gas & Consumable Fuels 13.93% 8.18% -12.62% 4.29%
Net Profit Margin, Industry
Energy 13.89% 8.18% -14.21% 2.69%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
Net profit margin = 100 × Net income (loss) attributable to Hess Corporation ÷ Sales and other operating revenues
= 100 × 2,096 ÷ 11,324 = 18.51%

2 Click competitor name to see calculations.

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Hess Corp. net profit margin ratio improved from 2020 to 2021 and from 2021 to 2022.

Return on Equity (ROE)

Hess Corp., ROE calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net income (loss) attributable to Hess Corporation 2,096 559 (3,093) (408) (282)
Total Hess Corporation stockholders’ equity 7,855 6,300 5,366 8,732 9,629
Profitability Ratio
ROE1 26.68% 8.87% -57.64% -4.67% -2.93%
Benchmarks
ROE, Competitors2
Chevron Corp. 22.27% 11.24% -4.21% 2.03%
ConocoPhillips 38.91% 17.79% -9.05% 20.55%
Exxon Mobil Corp. 28.58% 13.67% -14.28% 7.48%
Marathon Petroleum Corp. 52.38% 37.16% -44.26% 7.83%
Occidental Petroleum Corp. 44.22% 11.42% -79.85% -1.95%
Pioneer Natural Resources Co. 34.80% 9.27% -1.73% 6.24%
Valero Energy Corp. 48.93% 5.05% -7.56% 11.11%
ROE, Sector
Oil, Gas & Consumable Fuels 31.03% 14.03% -14.61% 6.26%
ROE, Industry
Energy 30.64% 13.98% -16.79% 3.92%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
ROE = 100 × Net income (loss) attributable to Hess Corporation ÷ Total Hess Corporation stockholders’ equity
= 100 × 2,096 ÷ 7,855 = 26.68%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Hess Corp. ROE improved from 2020 to 2021 and from 2021 to 2022.

Return on Assets (ROA)

Hess Corp., ROA calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019 Dec 31, 2018
Selected Financial Data (US$ in millions)
Net income (loss) attributable to Hess Corporation 2,096 559 (3,093) (408) (282)
Total assets 21,695 20,515 18,821 21,782 21,433
Profitability Ratio
ROA1 9.66% 2.72% -16.43% -1.87% -1.32%
Benchmarks
ROA, Competitors2
Chevron Corp. 13.76% 6.52% -2.31% 1.23%
ConocoPhillips 19.91% 8.91% -4.31% 10.20%
Exxon Mobil Corp. 15.10% 6.80% -6.74% 3.95%
Marathon Petroleum Corp. 16.15% 11.41% -11.54% 2.68%
Occidental Petroleum Corp. 18.32% 3.09% -18.52% -0.61%
Pioneer Natural Resources Co. 21.95% 5.75% -1.04% 3.96%
Valero Energy Corp. 18.90% 1.61% -2.74% 4.50%
ROA, Sector
Oil, Gas & Consumable Fuels 16.03% 6.69% -6.54% 3.11%
ROA, Industry
Energy 15.69% 6.60% -7.38% 1.93%

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

1 2022 Calculation
ROA = 100 × Net income (loss) attributable to Hess Corporation ÷ Total assets
= 100 × 2,096 ÷ 21,695 = 9.66%

2 Click competitor name to see calculations.

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Hess Corp. ROA improved from 2020 to 2021 and from 2021 to 2022.