Hess
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Hess's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 7% to $10,511,000,000. Profit margin reached 13%. Total operating expenses were $6,398,000,000.
Profit Margin
| 2014 | 10.73B | 2.31B | 21.58% |
|---|---|---|---|
| 2015 | 6.63B | -3.05B | -46.05% |
| 2016 | 4.76B | -6.13B | -128.77% |
| 2017 | 5.46B | -4.07B | -74.53% |
| 2018 | 6.32B | -282M | -4.46% |
| 2019 | 6.49B | -240M | -3.7% |
| 2020 | 4.66B | -2.83B | -60.83% |
| 2021 | 7.47B | 890M | 11.91% |
| 2022 | 11.32B | 2.09B | 18.51% |
| 2023 | 10.51B | 1.38B | 13.15% |
HES Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 10.51B | 11.32B | 7.47B | 4.66B | 6.49B | 6.32B | 5.46B | 4.76B | 6.63B | 10.73B |
Cost of revenue | 2.26B | 3.41B | 2.92B | 3.41B | 3.54B | 3.18B | 5.71B | 6.28B | 7.42B | 7.25B |
Gross profit | 8.24B | 7.91B | 4.54B | 1.25B | 2.95B | 3.13B | -248M | -1.52B | -788M | 3.48B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 2.73B | 3.32B | 2.03B | 936M | 1.73B | 1.77B | 1.26B | 0 | 0 | 0 |
Total operating expenses | 6.39B | 3.93B | 2.53B | 1.64B | 2.36B | 2.60B | 941M | 1.85B | 1.43B | 1.42B |
Operating income | 5.02B | 4.12B | 2.08B | -343M | 579M | 529M | -1.18B | -3.38B | -2.22B | 1.73B |
Other income (expenses), net | -2.55B | -446M | -599M | -2.50B | -358M | 87M | -1.83B | -133M | -1.29B | 379M |
Income before tax | 2.47B | 3.68B | 1.49B | -2.85B | 221M | 220M | -5.77B | -3.85B | -4.25B | 2.43B |
Income tax expense | 733M | 1.10B | 600M | -11M | 461M | 335M | -1.83B | 2.22B | -1.29B | 744M |
Net income | 1.38B | 2.09B | 890M | -2.83B | -240M | -282M | -4.07B | -6.13B | -3.05B | 2.31B |
Earnings per share | ||||||||||
Basic EPS | 4.52 | 6.8 | 2.9 | -9.31 | -0.8 | -0.95 | -12.97 | -19.79 | -10.78 | 7.63 |
Diluted EPS | 4.49 | 6.77 | 2.88 | -9.31 | -0.8 | -0.95 | -12.97 | -19.79 | -10.78 | 7.53 |
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