Company data sheet · Hess
Hess: from profit to six straight losses.
- Industry
- Petroleum Refining Manufacturing
- Headquarters
- United States
- Sources
- SEC filings (1994–2026), Stratrix's verified Decision Cases, market data and official economic statistics for the United States
- Data as of
- October 18, 2026
- From profit to six straight losses. Hess earned $7.4 billion in 2013–2014. Then it lost money every year from 2015 to 2020: $17 billion in all. 2021 was its first profit in seven years: $0.6 billion.
- Ahead of almost everyone like it. From 2016 to 2024, its revenue grew 167% in US dollars; the median among 198 large manufacturers grew 42%. It outgrew 88% of them.
Financial results
| Fiscal year | Revenue | Net income | |
|---|---|---|---|
| 2016 | $4.8 billion | −$6.1 billion | |
| 2017 | $5.4 billion | −$4.1 billion | |
| 2018 | $6.5 billion | −$0.3 billion | |
| 2019 | $6.5 billion | −$0.4 billion | |
| 2020 | $4.8 billion | −$3.1 billion | |
| 2021 | $7.7 billion | $0.6 billion | |
| 2022 | $11.9 billion | $2.1 billion | |
| 2023 | $10.5 billion | $1.4 billion | |
| 2024 | $12.9 billion | $2.8 billion |
As reported in its annual filings. Losses in red.
The full data sheet · Data Plan
Everything behind these findings, ready for your board deck.
- Market reaction to disclosed decisions: 35 decision filings since 2016, each linked to the SEC, with the share return against its sector and the S&P 500 the next day and the next year (0 with market data).
- Economic context: 7 measures for the United States, every year since 2016, from the official sources.
- Peer comparison: against 264 companies of its size in its sector.
- Financial results: ten years of revenue, operating and net income, and every annual report, linked.
- Methods and sources, so each number can be checked and cited.
The full data sheet downloads with the Data Plan. To see exactly what you get first, open the Boeing sample PDF or Excel.