Hess Return On Equity from 2010 to 2024
HESM Stock | USD 36.82 0.75 2.08% |
Return On Equity | First Reported 2010-12-31 | Previous Quarter 0.34861846 | Current Value 0.33 | Quarterly Volatility 205.0409149 |
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 122.4 M, Interest Expense of 187.9 M or Selling General Administrative of 19.9 M, as well as many indicators such as Price To Sales Ratio of 1.25, Dividend Yield of 0.0681 or PTB Ratio of 4.96. Hess financial statements analysis is a perfect complement when working with Hess Midstream Valuation or Volatility modules.
Hess | Return On Equity |
Latest Hess Midstream's Return On Equity Growth Pattern
Below is the plot of the Return On Equity of Hess Midstream Partners over the last few years. Return on Equity is the amount of Hess Midstream Partners net income returned as a percentage of Hess Midstream equity. Return on equity measures Hess Midstream profitability by revealing how much profit Hess Midstream Partners generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Hess Midstream's Return On Equity 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.
View | Last Reported 1.44 | 10 Years Trend |
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Return On Equity |
Timeline |
Hess Return On Equity Regression Statistics
Arithmetic Mean | 53.07 | |
Geometric Mean | 0.36 | |
Coefficient Of Variation | 386.34 | |
Mean Deviation | 98.82 | |
Median | 0.11 | |
Standard Deviation | 205.04 | |
Sample Variance | 42,042 | |
Range | 795 | |
R-Value | 0.13 | |
Mean Square Error | 44,563 | |
R-Squared | 0.02 | |
Significance | 0.66 | |
Slope | 5.75 | |
Total Sum of Squares | 588,585 |
Hess Return On Equity History
About Hess Midstream Financial Statements
Hess Midstream investors utilize fundamental indicators, such as Return On Equity, 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 Reported | Projected for Next Year | ||
Return On Equity | 0.35 | 0.33 |
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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 0.115 | Dividend Share 2.638 | Earnings Share 2.36 | Revenue Per Share 18.19 | Quarterly Revenue Growth 0.042 |
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.