HES HESS CORP revenue, earnings and financials

For the quarter ended March 31, 2025, HESS CORP reported revenue of $2.91B (down 12.0% from a year earlier), net income of $430M and diluted EPS of $1.39; over the last four quarters revenue was $12.5B and net income $2.23B; for the fiscal year ended December 2024 revenue was $12.9B, up 22.7% on the year before.

HES annual revenue and earnings

• Fiscal year ended Dec 2024: revenue $12.9B, gross profit n/a, operating income n/a, net income $2.77B (margin 21.5%), EPS $8.98
• Fiscal year ended Dec 2023: revenue $10.5B, gross profit n/a, operating income n/a, net income $1.38B (margin 13.1%), EPS $4.49
• Fiscal year ended Dec 2022: revenue $11.3B, gross profit n/a, operating income n/a, net income $2.10B (margin 18.5%), EPS $6.77
• Fiscal year ended Dec 2021: revenue $7.47B, gross profit n/a, operating income n/a, net income $559M (margin 7.5%), EPS $1.81

HES quarterly revenue and earnings

• Quarter ended Mar 31, 2025: revenue $2.91B (down 12.0% year over year), net income $430M, EPS $1.39
• Quarter ended Dec 31, 2024 (from the annual report): revenue $3.19B (up 6.1% year over year), net income $542M, EPS $1.74
• Quarter ended Sep 30, 2024: revenue $3.19B (up 14.0% year over year), net income $498M, EPS $1.62
• Quarter ended Jun 30, 2024: revenue $3.20B (up 39.9% year over year), net income $757M, EPS $2.46
• Quarter ended Mar 31, 2024: revenue $3.31B (up 37.2% year over year), net income $972M, EPS $3.16
• Quarter ended Dec 31, 2023 (from the annual report): revenue $3.01B (up 2.6% year over year), net income $413M, EPS $1.33
• Quarter ended Sep 30, 2023: revenue $2.80B (down 10.3% year over year), net income $504M, EPS $1.64
• Quarter ended Jun 30, 2023: revenue $2.29B (down 22.5% year over year), net income $119M, EPS $0.39
• Quarter ended Mar 31, 2023: revenue $2.41B (up 4.2% year over year), net income $346M, EPS $1.13
• Quarter ended Dec 31, 2022 (from the annual report): revenue $2.93B (up 36.8% year over year), net income $497M, EPS $1.61
• Quarter ended Sep 30, 2022: revenue $3.12B (up 72.4% year over year), net income $515M, EPS $1.67
• Quarter ended Jun 30, 2022: revenue $2.96B (up 84.9% year over year), net income $667M, EPS $2.15
• Quarter ended Mar 31, 2022: revenue $2.31B (up 20.5% year over year), net income $417M, EPS $1.34
• Quarter ended Dec 31, 2021 (from the annual report): revenue $2.15B, net income $265M, EPS $0.86
• Quarter ended Sep 30, 2021: revenue $1.81B, net income $115M, EPS $0.37
• Quarter ended Jun 30, 2021: revenue $1.60B, net income −$73.0M, EPS −$0.24
• Quarter ended Mar 31, 2021: revenue $1.92B, net income $252M, EPS $0.82

HES cash flow, buybacks and dividends

• Fiscal year ended Dec 2024: operating cash flow $5.60B, share buybacks $0, dividends $1.88 per share
• Fiscal year ended Dec 2023: operating cash flow $3.94B, share buybacks $20.0M, dividends $1.75 per share
• Fiscal year ended Dec 2022: operating cash flow $3.94B, share buybacks $630M, dividends $1.50 per share
• Fiscal year ended Dec 2021: operating cash flow $2.89B, share buybacks $0, dividends $1.00 per share

HES balance sheet

• Mar 31, 2025: cash $1.32B, total assets $27.1B, total liabilities $14.8B, shareholders' equity $11.5B, long-term debt $8.65B
• Dec 31, 2024: cash $1.17B, total assets $26.6B, total liabilities $14.5B, shareholders' equity $11.2B, long-term debt $8.56B
• Sep 30, 2024: cash $1.86B, total assets $26.2B, total liabilities $14.6B, shareholders' equity $10.8B, long-term debt $8.58B
• Jun 30, 2024: cash $2.03B, total assets $25.8B, total liabilities $14.6B, shareholders' equity $10.5B, long-term debt $8.55B
• Mar 31, 2024: cash $1.44B, total assets $24.7B, total liabilities $14.2B, shareholders' equity $9.87B, long-term debt $8.42B
• Dec 31, 2023: cash $1.69B, total assets $24.0B, total liabilities $14.4B, shareholders' equity $8.99B, long-term debt $8.30B
• Sep 30, 2023: cash $2.02B, total assets $23.2B, total liabilities $13.9B, shareholders' equity $8.63B, long-term debt $8.24B
• Jun 30, 2023: cash $2.23B, total assets $22.2B, total liabilities $13.3B, shareholders' equity $8.27B, long-term debt $8.46B

What is HES's revenue?

HESS CORP reported $12.5B of revenue over its last four quarters, through March 31, 2025.

Is HES profitable?

Yes. HESS CORP earned $2.23B over the last four quarters.

What is HES's EPS?

Diluted earnings per share over the last four quarters were $7.21; $1.39 in the latest quarter.

Does HES pay a dividend?

HESS CORP paid $1.88 per share in dividends in the fiscal year ended December 2024.

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