HP · Helmerich & Payne, Inc. - Financials

Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.

Price · HP

1Y 3Y 5Y Max

Annual Quarterly

Income Statement

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$3.75B	$2.76B	$2.87B	$2.06B	$1.22B	$1.77B
Cost of Revenue	-	-	-	-	-	-
Gross Profit	-	-	-	-	-	-
R&D	$34.13M	$40.97M	$30.05M	$26.56M	$21.72M	$21.64M
SG&A	$287.05M	$244.88M	$206.66M	$182.37M	$172.19M	$167.51M
Total Operating Expenses	$3.74B	$2.30B	$2.31B	$2.01B	$1.65B	$2.39B
D&A	$625.09M	$397.34M	$382.31M	$403.17M	$419.73M	$481.88M
Operating Income	$3.32M	$451.90M	$561.89M	$45.29M	($428.55M)	($620.19M)
Interest Expense	$107.81M	$29.09M	$17.28M	$19.20M	$23.95M	$24.47M
Income Tax	$85.83M	$136.85M	$159.28M	$24.37M	($103.72M)	($140.11M)
Net Income	($163.69M)	$344.17M	$434.10M	$6.95M	($326.15M)	($494.50M)
EPS - Basic	($1.66)	$3.43	$4.18	$0.05	($3.04)	($4.60)
EPS - Diluted	($1.66)	$3.43	$4.16	$0.05	($3.04)	($4.60)

Balance Sheet

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Cash & Equivalents	$196.85M	$217.34M	$257.17M	$232.13M	$917.53M	$487.88M
Accounts Receivable	$752.81M	$418.59M	$403.09M	$430.94M	$204.42M	$150.25M
Inventory	$324.33M	$117.88M	$94.23M	$87.96M	$84.06M	$104.18M
Accounts Payable	$217.92M	$135.08M	$130.85M	$126.97M	$72.00M	$36.47M
Current Assets	$1.47B	$1.19B	$1.01B	$1.00B	$1.59B	$963.33M
Total Assets	$6.71B	$5.78B	$4.38B	$4.36B	$5.03B	$4.83B
Current Liabilities	$814.84M	$446.95M	$418.93M	$394.81M	$866.31M	$219.14M
Long-term Debt	$2.06B	$1.78B	$545.14M	$542.61M	$542.00M	$480.73M
Total Liabilities	-	-	-	-	-	-
Stockholders' Equity	$2.77B	$2.92B	$2.77B	$2.77B	$2.91B	$3.32B
Retained Earnings	$2.62B	$2.88B	$2.71B	$2.47B	$2.57B	$3.01B

Cash Flow

Line item	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Operating Cash Flow	$542.95M	$684.66M	$833.68M	$233.91M	$136.44M	$538.88M
Investing Cash Flow	($1.93B)	($458.75M)	($322.58M)	($167.31M)	($161.99M)	($87.89M)
Financing Cash Flow	$66.66M	$986.51M	($463.87M)	($734.30M)	$425.52M	($297.22M)
CapEx	$426.37M	$495.07M	$395.46M	$250.89M	$82.15M	$140.79M
Free Cash Flow	$116.58M	$189.59M	$438.22M	($16.98M)	$54.29M	$398.09M

Ratios

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Profitability
Gross margin	-	-	-	-	-	-
Operating margin	0.1%	16.4%	19.6%	2.2%	-35.2%	-35.0%
EBITDA margin	16.8%	30.8%	32.9%	21.8%	-0.7%	-7.8%
Net margin	-4.4%	12.5%	15.1%	0.3%	-26.8%	-27.9%
Free cash flow margin	3.1%	6.9%	15.3%	-0.8%	4.5%	22.4%
FCF / Net income	-0.71	0.55	1.01	-2.44	-0.17	-0.81
R&D / Revenue	0.9%	1.5%	1.0%	1.3%	1.8%	1.2%
SG&A / Revenue	7.7%	8.9%	7.2%	8.9%	14.1%	9.4%
Effective tax rate	-	28.5%	26.8%	77.8%	-	-
Return on assets	-2.4%	6.0%	9.9%	0.2%	-6.5%	-10.2%
Return on equity	-5.9%	11.8%	15.7%	0.3%	-11.2%	-14.9%
Return on invested capital	0.1%	6.9%	12.4%	0.7%	-9.8%	-12.9%
Liquidity
Current ratio	1.80	2.67	2.40	2.54	1.83	4.40
Quick ratio	1.40	2.40	2.18	2.32	1.73	3.92
Cash ratio	0.24	0.49	0.61	0.59	1.06	2.23
Leverage
Debt / Equity	0.74	0.61	0.20	0.20	0.19	0.14
Debt / Assets	0.31	0.31	0.12	0.12	0.11	0.10
Debt / EBITDA	3.27	2.10	0.58	1.21	-	-
Interest coverage	0.0x	15.5x	32.5x	2.4x	-17.9x	-25.3x
Equity multiplier	2.42	1.98	1.58	1.57	1.73	1.46
Liabilities / Assets	-	-	-	-	-	-
Efficiency
Asset turnover	0.56	0.48	0.66	0.47	0.24	0.37
Inventory turnover	-	-	-	-	-	-
Days sales outstanding	73d	55d	51d	76d	61d	31d
Days inventory outstanding	-	-	-	-	-	-
Days payable outstanding	-	-	-	-	-	-
Cash conversion cycle	-	-	-	-	-	-
Valuation
P / E	-	8.9x	10.1x	739.4x	-	-
P / B	0.8x	1.0x	1.6x	1.4x	1.0x	0.5x
P / S	0.6x	1.1x	1.5x	1.9x	2.4x	0.9x
EV / EBITDA	6.4x	5.4x	4.9x	9.5x	-	-
Growth
Revenue growth (YoY)	35.9%	-4.0%	39.5%	69.0%	-31.3%	-36.6%
Revenue CAGR (3y)	22.1%	31.3%	17.4%	-9.7%	-9.1%	-17.5%
Revenue CAGR (5y)	16.1%	-0.3%	12.1%	-8.2%	-20.0%	-12.1%
Gross profit growth (YoY)	-	-	-	-	-	-
Operating income growth (YoY)	-99.3%	-19.6%	1140.6%	-	30.9%	-
Net income growth (YoY)	-	-20.7%	6143.3%	-	34.0%	-1369.3%
EPS growth (YoY)	-	-17.5%	8220.0%	-	33.9%	-1252.9%
EPS CAGR (3y)	-	-	-	-	-	-
EPS CAGR (5y)	-	-	-1.0%	-	-	-
FCF growth (YoY)	-38.5%	-56.7%	-	-	-86.4%	0.2%
FCF CAGR (5y)	-21.8%	-13.8%	41.2%	-	-35.8%	6.9%
Book value growth (YoY)	-5.2%	5.2%	0.2%	-5.1%	-12.2%	-17.3%

Sales by segment

From XBRL dimensional facts in the 10-K period ending 2025-09-30.

Business segments

$3.68B total

North America Solutions$2.36B · 64.2%

International Solutions Segment$797.85M · 21.7%

Offshore Gulfof Mexico$520.39M · 14.1%

Product / service

$431.20M total

Reimbursements Of Out Of Pocket Expenses$431.20M · 100.0%

Geographic

$3.75B total

US$2.48B · 66.2%

SA$261.75M · 7.0%

NO$220.26M · 5.9%

OM$179.57M · 4.8%

Other Foreign$163.02M · 4.4%

AR$155.73M · 4.2%

AZ$129.01M · 3.4%

DE$57.56M · 1.5%

CO$36.06M · 1.0%

BH$30.82M · 0.8%

KW$30.65M · 0.8%

Stability scores

Piotroski F-score

FY 2025 · 9-point quality

4/9

Neutral

✗Net income positive
✓Operating cash flow positive
✗ROA improved YoY
✓Cash flow > net income
✗Long-term debt decreased
✗Current ratio improved
✓No share dilution
-Gross margin improved
✓Asset turnover improved

Peer comparison

Same SIC group: Drilling Oil & Gas Wells

Company	Revenue (last FY)	Net margin	ROE
RIG	$3.96B	-73.5%	-36.0%
NE	$3.29B	6.6%	4.8%
PTEN	$4.83B	-1.9%	-2.9%
VAL	$2.37B	41.5%	31.0%
ICD	-	-	-

Comparing Helmerich & Payne against the 5 most active filers in the same SIC group.

Dividends

$1.00/share trailing 12 months · -14.5% YoY

Ex-date	Per share
May 18, 2026	$0.2500
Feb 13, 2026	$0.2500
Nov 18, 2025	$0.2500
Aug 15, 2025	$0.2500
May 15, 2025	$0.2500
Feb 14, 2025	$0.2500
Nov 18, 2024	$0.2500
Aug 16, 2024	$0.4200
May 16, 2024	$0.4200
Feb 12, 2024	$0.4200
Nov 17, 2023	$0.4200
Aug 16, 2023	$0.4850
May 17, 2023	$0.4850
Feb 13, 2023	$0.4850
Nov 14, 2022	$0.4850
Aug 16, 2022	$0.2500
May 12, 2022	$0.2500
Feb 10, 2022	$0.2500
Nov 22, 2021	$0.2500
Aug 16, 2021	$0.2500
May 14, 2021	$0.2500
Feb 11, 2021	$0.2500
Nov 12, 2020	$0.2500
Aug 14, 2020	$0.2500