Hess Income Before Tax from 2010 to 2024

HES Stock  USD 130.56  0.90  0.69%   
Hess Income Before Tax yearly trend continues to be comparatively stable with very little volatility. Income Before Tax is likely to outpace its year average in 2024. From the period from 2010 to 2024, Hess Income Before Tax quarterly data regression had r-value of  0 and coefficient of variation of  647.45. View All Fundamentals
 
Income Before Tax  
First Reported
1990-03-31
Previous Quarter
1.1 B
Current Value
864 M
Quarterly Volatility
721.7 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Hess financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess' main balance sheet or income statement drivers, such as Depreciation And Amortization of 1.7 B, Interest Expense of 501.9 M or Total Revenue of 14.8 B, as well as many indicators such as Price To Sales Ratio of 4.41, Dividend Yield of 0.0109 or PTB Ratio of 5.15. Hess financial statements analysis is a perfect complement when working with Hess Valuation or Volatility modules.
  
Check out the analysis of Hess Correlation against competitors.

Latest Hess' Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Hess Corporation over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Hess income statement and is an important metric when analyzing Hess profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Hess' Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hess' overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Very volatile
   Income Before Tax   
       Timeline  

Hess Income Before Tax Regression Statistics

Arithmetic Mean502,250,000
Geometric Mean1,816,352,567
Coefficient Of Variation647.45
Mean Deviation2,621,540,000
Median1,490,000,000
Standard Deviation3,251,817,250
Sample Variance10574315.4T
Range10.3B
R-Value0
Mean Square Error11387668.3T
R-Squared0.00000492
Significance0.99
Slope1,612,321
Total Sum of Squares148040416T

Hess Income Before Tax History

20242.6 B
20232.5 B
20223.7 B
20211.5 B
2020-2.9 B
2019221 M
2018220 M

About Hess Financial Statements

Hess shareholders use historical fundamental indicators, such as Income Before Tax, to determine how well the company is positioned to perform in the future. Although Hess investors may analyze each financial statement separately, they are all interrelated. The changes in Hess' assets and liabilities, for example, are also reflected in the revenues and expenses on on Hess' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Income Before Tax2.5 B2.6 B

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Additional Tools for Hess Stock Analysis

When running Hess' price analysis, check to measure Hess' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Hess is operating at the current time. Most of Hess' value examination focuses on studying past and present price action to predict the probability of Hess' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Hess' price. Additionally, you may evaluate how the addition of Hess to your portfolios can decrease your overall portfolio volatility.