Hess
Financial ratios & Valuation

Forward Multiples (2025 – 2028)

2025202620272028
Price/Earnings ratio
14.2914.028.836.66
Price/Sales ratio
3.503.573.381.90
Earnings per Share (EPS)
$11.21$11.43$18.15$24.05

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
9.67-4.49-3.14-3.65-42.82-83.84-5.6625.5620.8431.9015.17-42.82
Price/Sales ratio
2.082.074.052.721.903.093.443.043.854.193.161.90
Price/Book Value ratio
1.000.701.321.341.252.302.993.615.474.903.701.25
Price/Cash Flow ratio
5.026.9324.2815.776.2212.2512.077.8711.0711.187.116.22
Price/Free Cash Flow ratio
-27.67-5.87-13.25-15.02-76.43-16.95-18.6219.9035.84-265.6540.31-76.43
Price/Earnings Growth ratio
-0.190.01-0.030.100.465.31-0.00-0.190.15-0.95-4.955.31
Dividend Yield
1.35%2.08%1.81%2.43%2.85%1.57%1.92%1.36%1.06%1.22%1.43%1.57%
Profitability Indicator Ratios
Gross Profit Margin
32.45%-11.87%-32.04%-4.53%49.60%45.45%26.80%60.80%69.88%78.47%51.52%49.60%
Operating Profit Margin
16.14%-33.54%-71.04%-21.75%8.36%8.91%-7.34%27.95%36.44%47.83%34.16%8.36%
Pretax Profit Margin
22.68%-64.16%-80.93%-105.70%3.47%3.40%-61.06%19.93%32.50%23.50%32.33%3.47%
Net Profit Margin
21.57%-46.05%-128.76%-74.53%-4.45%-3.69%-60.83%11.90%18.50%13.14%20.76%-4.45%
Effective Tax Rate
30.54%30.50%-57.65%31.79%152.27%208.59%0.38%40.26%30.07%29.66%26.66%208.59%
Return on Assets
6.00%-8.93%-21.42%-17.62%-1.31%-1.10%-15.08%4.33%9.64%5.75%10.06%-1.31%
Return On Equity
10.38%-15.76%-42.19%-36.86%-2.92%-2.74%-52.90%14.12%26.25%15.37%26.29%-2.92%
Return on Capital Employed
5.14%-7.05%-12.82%-5.75%2.75%3.00%-1.99%11.97%21.21%24.24%18.64%2.75%
Liquidity Ratios
Current Ratio
1.371.671.892.522.021.251.89N/AN/AN/A1.261.25
Quick Ratio
1.261.521.752.431.911.151.661.341.620.951.121.15
Cash ratio
0.501.031.211.991.220.611.070.881.090.510.630.61
Days of Sales Outstanding
70.4763.7478.6468.3757.7565.7567.2559.1437.4546.18N/A65.75
Days of Inventory outstanding
26.5219.6118.7414.8128.0526.8840.3827.7823.2249.0523.5126.88
Operating Cycle
96.9983.3697.3983.1985.8092.63107.6486.9360.6895.2323.5192.63
Days of Payables Outstanding
35.6322.4625.1327.7856.6742.3421.3727.4130.5064.8623.1642.34
Cash Conversion Cycle
61.3660.8972.2555.4129.1350.2986.2759.5230.1730.370.3550.29
Debt Ratios
Debt Ratio
0.150.190.230.300.310.330.440.410.390.370.320.31
Debt Equity Ratio
0.260.340.460.630.690.841.561.351.060.990.790.69
Long-term Debt to Capitalization
0.200.250.310.360.400.440.600.550.500.480.440.40
Total Debt to Capitalization
0.210.250.310.380.400.450.600.570.510.490.440.40
Interest Coverage Ratio
6.36-6.52-10.00-3.651.321.54-0.83N/AN/AN/A9.561.32
Cash Flow to Debt Ratio
0.740.300.110.130.290.220.150.330.460.430.650.29
Company Equity Multiplier
1.721.761.962.092.222.493.503.252.722.672.422.22
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.410.290.160.170.300.250.280.380.340.370.440.30
Free Cash Flow / Operating Cash Flow Ratio
-0.18-1.18-1.83-1.04-0.08-0.72-0.640.390.30-0.040.17-0.08
Cash Flow Coverage Ratio
0.740.300.110.130.290.220.150.330.460.430.650.29
Short Term Coverage Ratio
65.6423.037.091.6228.948.2514.644.7617.605.78281.628.94
Dividend Payout Ratio
13.07%-9.39%-5.70%-8.91%-122.34%-131.66%-10.88%34.94%22.18%39.00%21.17%-122.34%