Hess Midstream LP
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 Midstream LP's past years’ income statements indicate that its last revenue has increased compared to the previous period by 6% to $1,348,600,000. Profit margin reached 9%. Total operating expenses were $218,700,000.
Profit Margin
| 2014 | 254.8M | 32.9M | 12.91% |
|---|---|---|---|
| 2015 | 565.1M | 193.4M | 34.22% |
| 2016 | 509.8M | 206.3M | 40.47% |
| 2017 | 565.8M | 41.2M | 7.28% |
| 2018 | 712.7M | 70.8M | 9.93% |
| 2019 | 848.3M | 317.7M | 37.45% |
| 2020 | 1.09B | 484.8M | 44.4% |
| 2021 | 1.20B | 617.8M | 51.32% |
| 2022 | 1.27B | 620.6M | 48.67% |
| 2023 | 1.34B | 118.6M | 8.79% |
HESM Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 1.34B | 1.27B | 1.20B | 1.09B | 848.3M | 712.7M | 565.8M | 509.8M | 565.1M | 254.8M |
Cost of revenue | 313M | 181.3M | 165.6M | 156.9M | 142.5M | 126.9M | 113.1M | 99.7M | 86.1M | 44.4M |
Gross profit | 1.03B | 1.09B | 1.03B | 935M | 705.8M | 585.8M | 452.7M | 410.1M | 479M | 210.4M |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 218.7M | 302.7M | 311M | 358.5M | 329.2M | 207.6M | 166.5M | 203.8M | 284.1M | 175.6M |
Operating income | 816.9M | 615.2M | 727.2M | 429.9M | 237.5M | 378.2M | 286.2M | 206.3M | 194.9M | 34.8M |
Other income (expenses), net | -171.3M | 32M | -94.8M | -84.3M | 80.1M | 600K | 21.7M | 0 | -1.5M | -1.9M |
Income before tax | 645.6M | 647.2M | 632.4M | 492.1M | 317.6M | 325.5M | 284.8M | 206.3M | 193.4M | 32.9M |
Income tax expense | 37.9M | 26.6M | 14.6M | 7.3M | -100K | 308M | 130.5M | 0 | 0 | 0 |
Net income | 118.6M | 620.6M | 617.8M | 484.8M | 317.7M | 70.8M | 41.2M | 206.3M | 193.4M | 32.9M |
Earnings per share | ||||||||||
Basic EPS | 2.11 | 15.03 | 24.13 | 26.93 | 17.65 | 1.3 | 0.75 | 3.76 | 3.54 | 0.6 |
Diluted EPS | 2.11 | 14.99 | 24.04 | 26.78 | 17.65 | 1.29 | 0.75 | 3.76 | 3.54 | 0.6 |
| Data source | Data source | Data source | Data source |