Hess Gross Profit from 2010 to 2025

HESM Stock  USD 42.75  0.77  1.77%   
Hess Midstream Gross Profit yearly trend continues to be very stable with very little volatility. Gross Profit is likely to drop to about 708.6 M. Gross Profit is the profit Hess Midstream Partners makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2013-09-30
Previous Quarter
238 M
Current Value
343.7 M
Quarterly Volatility
87.5 M
 
Yuan Drop
 
Covid
Check Hess Midstream financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Hess Midstream's main balance sheet or income statement drivers, such as Depreciation And Amortization of 130.2 M, Interest Expense of 212.3 M or Selling General Administrative of 20.6 M, as well as many indicators such as Price To Sales Ratio of 2.9, Dividend Yield of 0.0678 or PTB Ratio of 6.73. Hess financial statements analysis is a perfect complement when working with Hess Midstream Valuation or Volatility modules.
  
Check out the analysis of Hess Midstream Correlation against competitors.

Latest Hess Midstream's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Hess Midstream Partners over the last few years. Gross profit is a required income statement account that reflects total revenue of Hess Midstream Partners minus its cost of goods sold. It is profit before Hess Midstream operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Hess Midstream's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Hess Midstream's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.15 B10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Hess Gross Profit Regression Statistics

Arithmetic Mean576,147,019
Geometric Mean376,622,303
Coefficient Of Variation72.11
Mean Deviation348,259,519
Median585,800,000
Standard Deviation415,441,780
Sample Variance172591.9T
Range1.2B
R-Value0.92
Mean Square Error28879.9T
R-Squared0.84
Slope80,157,183
Total Sum of Squares2588878.1T

Hess Gross Profit History

2025708.6 M
20241.3 B
2023B
20221.1 B
2021B
2020935 M
2019705.8 M

Other Fundumenentals of Hess Midstream Partners

Hess Midstream Gross Profit component correlations

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0.22-0.390.330.16-0.330.420.280.03-0.5-0.490.50.23-0.19-0.320.19-0.33-0.28
0.74-0.39-0.310.470.930.64-0.470.24-0.42-0.42-0.480.710.840.96-0.850.930.74
0.130.33-0.310.03-0.2-0.090.92-0.14-0.37-0.360.940.15-0.15-0.150.14-0.16-0.17
0.670.160.470.030.340.64-0.08-0.35-0.63-0.64-0.080.620.490.45-0.450.520.53
0.74-0.330.93-0.20.340.62-0.380.38-0.48-0.49-0.360.730.830.94-0.890.880.78
0.910.420.64-0.090.640.62-0.30.19-0.83-0.84-0.140.890.710.65-0.730.640.52
-0.080.28-0.470.92-0.08-0.38-0.3-0.23-0.18-0.160.95-0.08-0.42-0.30.42-0.34-0.34
0.120.030.24-0.14-0.350.380.19-0.230.0-0.01-0.140.130.040.27-0.220.09-0.04
-0.91-0.5-0.42-0.37-0.63-0.48-0.83-0.180.01.0-0.28-0.92-0.63-0.550.62-0.58-0.56
-0.92-0.49-0.42-0.36-0.64-0.49-0.84-0.16-0.011.0-0.27-0.93-0.64-0.550.63-0.58-0.57
-0.010.5-0.480.94-0.08-0.36-0.140.95-0.14-0.28-0.270.0-0.38-0.330.36-0.38-0.37
0.990.230.710.150.620.730.89-0.080.13-0.92-0.930.00.830.8-0.820.830.73
0.82-0.190.84-0.150.490.830.71-0.420.04-0.63-0.64-0.380.830.84-0.960.910.86
0.8-0.320.96-0.150.450.940.65-0.30.27-0.55-0.55-0.330.80.84-0.860.950.76
-0.810.19-0.850.14-0.45-0.89-0.730.42-0.220.620.630.36-0.82-0.96-0.86-0.89-0.84
0.82-0.330.93-0.160.520.880.64-0.340.09-0.58-0.58-0.380.830.910.95-0.890.88
0.7-0.280.74-0.170.530.780.52-0.34-0.04-0.56-0.57-0.370.730.860.76-0.840.88
Click cells to compare fundamentals

About Hess Midstream Financial Statements

Hess Midstream investors utilize fundamental indicators, such as Gross Profit, to predict how Hess Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit1.3 B708.6 M
Gross Profit Margin 0.86  0.60 

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When determining whether Hess Midstream Partners is a strong investment it is important to analyze Hess Midstream's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Hess Midstream's future performance. For an informed investment choice regarding Hess Stock, refer to the following important reports:
Check out the analysis of Hess Midstream Correlation against competitors.
You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Is Oil & Gas Storage & Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Hess Midstream. If investors know Hess will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Hess Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.23
Dividend Share
2.705
Earnings Share
2.49
Revenue Per Share
16.803
Quarterly Revenue Growth
0.111
The market value of Hess Midstream Partners is measured differently than its book value, which is the value of Hess that is recorded on the company's balance sheet. Investors also form their own opinion of Hess Midstream's value that differs from its market value or its book value, called intrinsic value, which is Hess Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Hess Midstream's market value can be influenced by many factors that don't directly affect Hess Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Hess Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Hess Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Hess Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.