The PE ratio for Hess stock stands at 19.74 as of Jul 7, 2025. This takes into account the latest EPS of $7.26 and stock price of $143.32. An increase of 13% has been observed in the PE ratio compared to its average of 17.4 of the last four quarters.
HES PE ratio history
Over the last four years, the average PE ratio of Hess has been 31.79. The current 19.74 P/E ratio is 38% lower than the historical average. Looking back at the last four years, HES's PE ratio peaked in the Sep 2021 quarter at 123.98, with a price of $78.11 and an EPS of $0.63. The Dec 2024 quarter marked the lowest point at 14.73, with a price of $133.01 and an EPS of $9.03.
Hess PE ratio by year
Maximum annual increase: 74.86% in 2014
Maximum annual decrease: -55.76% in 2010
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2024 | 14.73 | -53.81% | $133.01 | $9.03 |
| 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 |
Hess PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2025 | 22 | 49.36% | $159.73 | $7.26 |
| Dec 2024 | 14.73 | -6.59% | $133.01 | $9.03 |
| 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 |
HES Price vs fair value
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 peer stocks XOM and CVX, HES's PE ratio is higher. Hess is currently trading at a higher PE ratio (19.74) than its peers average of 15.02.
| Stock name | PE ratio | Market cap |
|---|---|---|
| COP Conocophillips | 11.73 | $116.84B |
| XOM Exxon Mobil Corp | 14.74 | $478.84B |
| CVX Chevron Corp | 16.79 | $257.42B |
| OXY Occidental Petroleum Corp | 16.8 | $42.66B |
| HES Hess Corp | 19.74 | $44.32B |
| BP BP plc | N/A | $79.75B |
Frequently asked questions
What is Hess's PE ratio?
The price to earnings ratio for HES stock as of Jul 7, 2025, stands at 19.74.
What is the 3-year average PE ratio for Hess (HES)?
The average PE ratio for HES stock over the past 3 years is 22.18.
What is the 5-year average PE ratio for Hess (HES)?
The average PE ratio for HES stock over the past 5 years is 31.79.
What is the highest PE ratio for HES?
The highest quarterly PE ratio in the last four years has been 123.98 and it was in the Sep 2021 quarter.
How does the current PE ratio for HES compare to its historical average?
HES's price to earnings ratio is currently 38% below its 4-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 (Jul 7, 2025), Hess's share price is $143.32. The company's earnings per share for the trailing twelve months (TTM) ending Mar 2025 is $7.26. Therefore, Hess's PE ratio for today is 19.74. PE RATIO(19.74) = STOCK PRICE($143.32) / TTM EPS($7.26)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.