Hess Corporation
Hess Corporation (HES) Financial Performance & Income Statement Overview
Explore the financials of Hess Corporation (HES), including yearly and quarterly data on income, cash flow, and balance sheets.
Hess Corporation (HES) Income Statement & Financial Overview
Review Hess Corporation HES income statement with detailed quarterly and annual figures.
| Metric | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 |
|---|---|---|---|---|
| Revenue | $2.94B | $3.14B | $3.19B | $3.20B |
| Cost of Revenue | $1.72B | $745.00M | $699.00M | $664.00M |
| Gross Profit | $1.22B | $2.40B | $2.49B | $1.32B |
| Gross Profit Ratio | $0.42 | $0.76 | $0.78 | $0.41 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $849.00M | $788.00M | $831.00M | $747.00M |
| Operating Expenses | $439.00M | $800.00M | $1.40B | $1.34B |
| Total Costs & Expenses | $2.16B | $1.45B | $2.33B | $2.00B |
| Interest Income | $0.00 | $0.00 | $0.00 | $0.00 |
| Interest Expense | $92.00M | $93.00M | $100.00M | $106.00M |
| Depreciation & Amortization | $619.00M | $629.00M | $638.00M | $600.00M |
| EBITDA | $1.49B | $1.65B | $1.60B | $1.86B |
| EBITDA Ratio | $0.51 | $0.52 | $0.50 | $0.58 |
| Operating Income | $781.00M | $1.69B | $1.09B | $1.21B |
| Operating Income Ratio | $0.27 | $0.54 | $0.34 | $0.38 |
| Other Income/Expenses (Net) | $0.00 | -$760.00M | -$226.00M | -$710.00M |
| Income Before Tax | $781.00M | $928.00M | $864.00M | $1.15B |
| Income Before Tax Ratio | $0.27 | $0.30 | $0.27 | $0.36 |
| Income Tax Expense | $259.00M | $288.00M | $270.00M | $296.00M |
| Net Income | $430.00M | $542.00M | $498.00M | $757.00M |
| Net Income Ratio | $0.15 | $0.17 | $0.16 | $0.24 |
| EPS | $1.81 | $1.76 | $1.62 | $2.47 |
| Diluted EPS | $1.81 | $1.76 | $1.62 | $2.46 |
| Weighted Avg Shares Outstanding | $308.60M | $307.95M | $307.41M | $306.90M |
| Weighted Avg Shares Outstanding (Diluted) | $308.60M | $308.50M | $308.30M | $308.30M |
Financial performance has remained strong, with revenue growing from $3.20B in Q2 2024 to $2.94B in Q1 2025. Gross profit continued to perform well, with margins at 42% in the latest quarter. Operating income reached $781.00M in Q1 2025, holding a steady 27% margin. While R&D and SG&A expenses fluctuated, EBITDA remained robust at $1.49B. Net income dropped to $430.00M, keeping EPS at $1.81. With disciplined cost control and operational efficiency, the company supported consistent profitability, reflecting its ability to deliver stable shareholder value.
Unlock 25+ Years of Financial Data
Get access to extended historical data, advanced metrics, and more with our premium plan