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Hess is an independent oil and gas producer with key assets in the Bakken Shale, Guyana, the Gulf of Mexico, and Southeast Asia. At the end of 2024, the company reported net proved reserves of 1.44 billion barrels of oil equivalent. Net production averaged 481 thousand barrels of oil equivalent per day in 2024, at a ratio of 79% oil and natural gas liquids and 21% natural gas.
1920
1.8K+
LTM Revenue $12.7B
LTM EBITDA $7.2B
$47.9B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Hess has a last 12-month revenue of $12.7B and a last 12-month EBITDA of $7.2B.
In the most recent fiscal year, Hess achieved revenue of $12.9B and an EBITDA of $7.3B.
Hess expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Hess valuation multiples based on analyst estimates| FY 2023 | FY 2024 | FY 2025 | LTM | NTM | |
|---|---|---|---|---|---|
| Revenue | $10.5B | $12.9B | XXX | XXX | XXX |
| Gross Profit | $9.4B | $8.2B | XXX | XXX | XXX |
| Gross Margin | 89% | 64% | XXX | XXX | XXX |
| EBITDA | $5.1B | $7.3B | XXX | XXX | XXX |
| EBITDA Margin | 49% | 56% | XXX | XXX | XXX |
| Net Profit | $2.1B | $1.4B | XXX | XXX | XXX |
| Net Margin | 20% | 11% | XXX | XXX | XXX |
| Net Debt | $5.8B | $6.9B | XXX | XXX | XXX |
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As of April 15, 2025, Hess's stock price is $128.
Hess has current market cap of $39.6B, and EV of $47.9B.
See Hess trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $47.9B | $39.6B | XXX | XXX | XXX | XXX | $9.03 |
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Sign UpAs of April 15, 2025, Hess has market cap of $39.6B and EV of $47.9B.
Hess's trades at 3.8x LTM EV/Revenue multiple, and 6.7x LTM EBITDA.
Analysts estimate Hess's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See valuation multiples for Hess and 10K+ public comps| FY 2024 | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|
| EV | $47.9B | XXX | XXX | XXX |
| EV/Revenue | 3.7x | XXX | XXX | XXX |
| EV/EBITDA | 6.6x | XXX | XXX | XXX |
| P/E | 14.3x | XXX | XXX | XXX |
| P/E/Growth | 1.4x | XXX | XXX | XXX |
| EV/FCF | 73.2x | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Sign UpHess's NTM/LTM revenue growth is -1%
Hess's revenue per employee for the last fiscal year averaged $7.2M, while opex per employee averaged $3.0M for the same period.
Over next 12 months, Hess's ratio of sales and marketing spend to revenue is estimated to be XXX , while its R&D spend to revenue to be XXX .
Analysts estimate Hess's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
See operational valuation multiples for Hess and other 10K+ public comps| FY 2024 | NTM | FY 2025E | FY 2026E | FY 2027E | |
|---|---|---|---|---|---|
| Revenue Growth | 23% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 56% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 41% | XXX | XXX | XXX | XXX |
| Rule of 40 (SaaS-only) | 55% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $7.2M | XXX | XXX | XXX | XXX |
| Opex per Employee | $3.0M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 20% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | 4% | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 42% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| ADNOC Drilling Company | XXX | XXX | XXX | XXX | XXX | XXX |
| ADNOC Gas | XXX | XXX | XXX | XXX | XXX | XXX |
| Dana Gas | XXX | XXX | XXX | XXX | XXX | XXX |
| TAQA | XXX | XXX | XXX | XXX | XXX | XXX |
| AGL Energy | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Hess acquired XXX companies to date.
Last acquisition by Hess was XXXXXXXX, XXXXX XXXXX XXXXXX . Hess acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Sign Up| When was Hess founded? | Hess was founded in 1920. |
| Where is Hess headquartered? | Hess is headquartered in United States of America. |
| How many employees does Hess have? | As of today, Hess has 1.8K+ employees. |
| Who is the CEO of Hess? | Hess's CEO is Mr. John B. Hess. |
| Is Hess publicy listed? | Yes, Hess is a public company listed on NYS. |
| What is the stock symbol of Hess? | Hess trades under HES ticker. |
| When did Hess go public? | Hess went public in 1983. |
| Who are competitors of Hess? | Similar companies to Hess include e.g. ADNOC Drilling Company, ADNOC Gas, Dana Gas, TAQA. |
| What is the current market cap of Hess? | Hess's current market cap is $39.6B |
| What is the current revenue of Hess? | Hess's last 12-month revenue is $12.7B. |
| What is the current EBITDA of Hess? | Hess's last 12-month EBITDA is $7.2B. |
| What is the current EV/Revenue multiple of Hess? | Current revenue multiple of Hess is 3.8x. |
| What is the current EV/EBITDA multiple of Hess? | Current EBITDA multiple of Hess is 6.7x. |
| What is the current revenue growth of Hess? | Hess revenue growth between 2023 and 2024 was 23%. |
| Is Hess profitable? | Yes, Hess is EBITDA-positive (as of the last 12 months). |
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