Hess Midstream LP (HESM)
35.63
+0.30
(+0.85%)
USD |
NYSE |
Apr 24, 16:00
35.59
-0.04
(-0.11%)
Pre-Market: 20:00
Hess Midstream Gross Profit Margin (Quarterly): 85.98% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 85.98% |
| September 30, 2023 | 86.80% |
| June 30, 2023 | 85.40% |
| March 31, 2023 | 84.38% |
| December 31, 2022 | 85.22% |
| September 30, 2022 | 86.39% |
| June 30, 2022 | 85.62% |
| March 31, 2022 | 85.77% |
| December 31, 2021 | 86.25% |
| September 30, 2021 | 86.34% |
| June 30, 2021 | 86.30% |
| March 31, 2021 | 86.08% |
| December 31, 2020 | 84.99% |
| September 30, 2020 | 85.08% |
| June 30, 2020 | 85.58% |
| March 31, 2020 | 86.75% |
| December 31, 2019 | 85.18% |
| September 30, 2019 | 83.25% |
| June 30, 2019 | 81.39% |
| March 31, 2019 | 82.26% |
| December 31, 2018 | 83.69% |
| Date | Value |
|---|---|
| September 30, 2018 | 81.93% |
| June 30, 2018 | 81.64% |
| March 31, 2018 | 80.87% |
| December 31, 2017 | 80.09% |
| September 30, 2017 | 80.57% |
| June 30, 2017 | 79.39% |
| March 31, 2017 | 79.43% |
| December 31, 2016 | 81.79% |
| September 30, 2016 | 79.47% |
| June 30, 2016 | 79.16% |
| March 31, 2016 | 80.99% |
| December 31, 2015 | 83.39% |
| September 30, 2015 | 86.59% |
| June 30, 2015 | 86.87% |
| March 31, 2015 | 84.51% |
| December 31, 2014 | 83.33% |
| September 30, 2014 | 80.65% |
| June 30, 2014 | 78.84% |
| March 31, 2014 | 90.66% |
| December 31, 2013 | 23.84% |
| September 30, 2013 | 24.38% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
81.39%
Minimum
Jun 2019
86.80%
Maximum
Sep 2023
85.41%
Average
85.62%
Median
Jun 2022
Gross Profit Margin (Quarterly) Benchmarks
| Schlumberger Ltd | 19.52% |
| Kinder Morgan Inc | 55.91% |
| Targa Resources Corp | 23.58% |
| MPLX LP | 45.31% |
| Western Midstream Partners LP | 76.00% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 26.82% |
| Return on Assets | 3.22% |
| Return on Invested Capital | 3.70% |
| Profit Margin (Quarterly) | 10.43% |
| Operating Margin (Quarterly) | 58.44% |
| Return on Net Operating Assets | 3.58% |