HES Hess PE ratio, current and historical analysis
The PE ratio for Hess stock stands at 17.2 as of Feb 21, 2025. This takes into account the latest EPS of $8.61 and stock price of $148.11. A decrease of 22% has been observed in the PE ratio compared to its average of 22.0 of the last four quarters.
HES PE ratio history
Over the last ten years, the average PE ratio of Hess has been 85.96. The current 17.2 P/E ratio is 80% lower than the historical average. Looking back at the last ten years, HES's PE ratio peaked in the Jun 2015 quarter at 836, with a price of $66.88 and an EPS of $0.08. The Mar 2015 quarter marked the lowest point at 13.36, with a price of $67.87 and an EPS of $5.08.
Hess PE ratio by year
Maximum annual increase: 263.56% in 2009
Maximum annual decrease: -55.76% in 2010
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2023 | 31.89 | 52.88% | $144.16 | $4.52 |
| 2022 | 20.86 | -48.72% | $141.82 | $6.8 |
| 2021 | 40.68 | N/A | $74.03 | $1.82 |
| 2020 | N/A | N/A | $52.79 | -$10.15 |
| 2019 | N/A | N/A | $66.81 | -$1.37 |
| 2018 | N/A | N/A | $40.5 | -$1.1 |
| 2017 | N/A | N/A | $47.47 | -$13.12 |
| 2016 | N/A | N/A | $62.29 | -$19.92 |
| 2015 | N/A | N/A | $48.48 | -$10.78 |
| 2014 | 9.67 | 74.86% | $73.82 | $7.63 |
| 2013 | 5.53 | -37.58% | $83 | $15.01 |
| 2012 | 8.86 | -21.24% | $52.96 | $5.98 |
| 2011 | 11.25 | -4.17% | $56.8 | $5.05 |
| 2010 | 11.74 | -55.76% | $76.54 | $6.52 |
| 2009 | 26.54 | 263.56% | $60.5 | $2.28 |
Hess PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Sep 2024 | 15.77 | -7.62% | $135.8 | $8.61 |
| Jun 2024 | 17.07 | -26.64% | $147.52 | $8.64 |
| Mar 2024 | 23.27 | -27.03% | $152.64 | $6.56 |
| Dec 2023 | 31.89 | -0.16% | $144.16 | $4.52 |
| Sep 2023 | 31.94 | 13.02% | $153 | $4.79 |
| Jun 2023 | 28.26 | 40.32% | $135.95 | $4.81 |
| Mar 2023 | 20.14 | -3.45% | $132.34 | $6.57 |
| Dec 2022 | 20.86 | 15.44% | $141.82 | $6.8 |
| Sep 2022 | 18.07 | -19.33% | $108.99 | $6.03 |
| Jun 2022 | 22.4 | -51.03% | $105.94 | $4.73 |
| Mar 2022 | 45.74 | 12.44% | $107.04 | $2.34 |
| Dec 2021 | 40.68 | -67.19% | $74.03 | $1.82 |
| Sep 2021 | 123.98 | N/A | $78.11 | $0.63 |
| Jun 2021 | N/A | N/A | $87.32 | -$0.54 |
| Mar 2021 | N/A | N/A | $70.76 | -$1.35 |
HES average PE ratio chart
Currently, HES's PE ratio is lower than its 3, 5 and 10-year averages.
HES PE vs peers
In comparison to its peers BP and OXY, HES's PE ratio is lower, but it is higher than XOM's and CVX's. Hess is currently trading at a higher PE ratio (17.2) than its peers average of 15.55.
| Stock name | PE ratio | Market cap |
|---|---|---|
| COP Conocophillips | 12.52 | $124.62B |
| XOM Exxon Mobil Corp | 14.12 | $480.3B |
| CVX Chevron Corp | 16.08 | $276.27B |
| HES Hess Corp | 17.2 | $45.64B |
| OXY Occidental Petroleum Corp | 19.47 | $47.32B |
| BP BP plc | 242.07 | $91.58B |
Frequently asked questions
What is Hess's PE ratio?
The price to earnings ratio for HES stock as of Feb 21, 2025, stands at 17.2.
What is the 3-year average PE ratio for Hess (HES)?
The average PE ratio for HES stock over the past 3 years is 25.04.
What is the 5-year average PE ratio for Hess (HES)?
The average PE ratio for HES stock over the past 5 years is 33.85.
What is the highest PE ratio for HES?
The highest quarterly PE ratio in the last ten years has been 836 and it was in the Jun 2015 quarter.
How does the current PE ratio for HES compare to its historical average?
HES's price to earnings ratio is currently 80% below its 10-year historical average.
How is HES's PE ratio calculated (Hess PE ratio formula)?
To determine the P/E ratio, divide the latest stock price by the TTM earnings per share (EPS). As of today (Feb 21, 2025), Hess's share price is $148.11. The company's earnings per share for the trailing twelve months (TTM) ending Sep 2024 is $8.61. Therefore, Hess's PE ratio for today is 17.2. PE RATIO(17.2) = STOCK PRICE($148.11) / TTM EPS($8.61)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified. Data from 
and Sharadar.