Hess Historical Income Statement
| HESM Stock | USD 42.50 0.13 0.31% |
Historical analysis of Hess Midstream income statement accounts such as Selling General Administrative of 20.6 M or Total Revenue of 872.5 M can show how well Hess Midstream Partners performed in making a profits. Evaluating Hess Midstream income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Hess Midstream's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Hess Midstream Partners latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Hess Midstream Partners is a good buy for the upcoming year.
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About Hess Income Statement Analysis
Hess Midstream Partners Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Hess Midstream shareholders. The income statement also shows Hess investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Hess Midstream Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Hess Midstream Partners generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
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. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Hess Midstream Partners. It is also known as Hess Midstream overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Hess Midstream's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Hess Midstream Partners current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Hess Midstream Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. At this time, Hess Midstream's Tax Provision is very stable compared to the past year.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 1.1B | 1.0B | 1.3B | 708.6M | Total Revenue | 1.3B | 1.3B | 1.5B | 872.5M |
Hess Midstream income statement Correlations
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Hess Midstream Account Relationship Matchups
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Hess Midstream income statement Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Depreciation And Amortization | 156.9M | 165.6M | 181.3M | 192.5M | 203.1M | 130.2M | |
| Interest Expense | 94.7M | 105.4M | 149.3M | 179M | 202.2M | 212.3M | |
| Selling General Administrative | 21.1M | 22.7M | 23.1M | 26.2M | 26.1M | 20.6M | |
| Total Revenue | 1.1B | 1.2B | 1.3B | 1.3B | 1.5B | 872.5M | |
| Gross Profit | 935M | 1.0B | 1.1B | 1.0B | 1.3B | 708.6M | |
| Other Operating Expenses | 515.4M | 476.6M | 484M | 531.7M | 576.5M | 443.5M | |
| Operating Income | 429.9M | 727.2M | 615.2M | 816.9M | 919M | 965.0M | |
| Ebit | 576.5M | 737.8M | 791.2M | 824.6M | 933M | 979.7M | |
| Ebitda | 733.4M | 903.4M | 972.5M | 1.0B | 1.1B | 1.2B | |
| Cost Of Revenue | 156.9M | 165.6M | 181.3M | 313M | 203.1M | 163.9M | |
| Total Operating Expenses | 358.5M | 311M | 302.7M | 218.7M | 369.8M | 279.2M | |
| Income Before Tax | 492.1M | 632.4M | 647.2M | 645.6M | 730.8M | 767.3M | |
| Net Income | 484.8M | 617.8M | 620.6M | 118.6M | 223.1M | 227.6M | |
| Net Income From Continuing Ops | 484.9M | 617.8M | 620.6M | 604.7M | 659M | 439.4M | |
| Total Other Income Expense Net | (84.3M) | (94.8M) | (144M) | (171.3M) | (188.2M) | (178.8M) | |
| Net Income Applicable To Common Shares | 66.7M | 24M | 46.4M | 83.9M | 75.5M | 67.7M | |
| Income Tax Expense | 7.3M | 14.6M | 26.6M | 37.9M | 71.8M | 59.7M | |
| Minority Interest | 1.2B | (571.4M) | (536.7M) | (501.8M) | (435.9M) | (414.1M) | |
| Net Interest Income | (94.7M) | (105.4M) | (149.3M) | (171.9M) | (202.2M) | (192.1M) | |
| Reconciled Depreciation | 156.9M | 165.6M | 181.3M | 188.5M | 203.1M | 175.2M | |
| Tax Provision | 7.3M | 14.6M | 26.6M | 33M | 71.8M | 75.4M |
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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 | 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.