Helmerich & Payne, Inc. HP

Energy SIC 1381 - Drilling Oil & Gas Wells NAICS Mining, Quarrying, and Oil and Gas Extraction › Support Activities for Mining › Drilling Oil and Gas Wells derived NYSE

Last close 38.95 2026-10-23
Market cap $3.89B 2026-06-30 share count
52-week range 24.45 - 48.17

Valuation FY2025 figures against the last close

P/S1.1x
P/E—
P/FCF33.4x
EV/EBITDA9.1x
Dividend yield2.6%
Diluted EPS-1.66

Where the revenue comes from as reported in the latest 10-K

Revenue by geography

  • United States
  • Saudi Arabia
  • Norway
  • Oman
  • Other foreign
  • Argentina
  • Azerbaijan
  • Other
  • Germany
Revenue by geography, 9 categories over 1 years. The same figures are in the table below. FY2025 United States, FY2025: 2.5B (66.2%) 66% United States Saudi Arabia, FY2025: 261.7M (7.0%) 7% Norway, FY2025: 220.3M (5.9%) 6% Norway Oman, FY2025: 179.6M (4.8%) 5% Oman Other foreign, FY2025: 163M (4.4%) 4% Argentina, FY2025: 155.7M (4.2%) 4% Azerbaijan, FY2025: 129M (3.4%) 3% Other, FY2025: 97.5M (2.6%) Germany, FY2025: 57.6M (1.5%)
Region FY2025
United States $2.48B
Saudi Arabia $261.7M
Norway $220.3M
Oman $179.6M
Other foreign $163.0M
Argentina $155.7M
Azerbaijan $129.0M
Other $97.5M
Germany $57.6M

As the company reported it, from the “BUSINESS SEGMENTS AND GEOGRAPHIC INFORMATION - Revenues from External Customers and Long-Lived Assets by Country (Details)” note of its latest 10-K. Every figure here has been checked against the total revenue the same filing reported. Regions are the filer's own and are not mapped onto a standard list — one company's “Americas” and another's “United States” are different areas, and making them look comparable would mean making at least one of them wrong. Slices under 1% are folded into “Other”.

Annual financial statements

Income statement

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Revenue $3.68B$2.75B$2.86B$2.05B$1.21B$1.76B$2.79B$2.47B$1.79B$1.62B
SG&A $287.1M$244.9M$206.7M$182.4M$172.2M$167.5M$194.4M$199.3M$147.5M$146.2M
Total operating expenses $3.74B$2.30B$2.30B$2.01B$1.65B$2.39B$2.78B$2.45B$1.97B$1.65B
Operating income $3.3M$457.4M$568.3M$45.3M-$428.5M-$620.2M$20.6M$33.0M-$169.1M-$26.0M
Interest expense $107.8M$29.1M$17.3M$19.2M$24.0M$24.5M$25.2M$24.3M$19.7M$22.9M
Pre-tax income -$74.1M$481.0M$593.4M$31.3M-$429.9M-$636.5M-$51.2M$15.8M-$184.6M-$72.7M
Income tax $85.8M$136.9M$159.3M$24.4M$103.7M$140.1M$18.7M$477.2M$56.7M$19.7M
Net income -$163.7M$344.2M$434.1M$7.0M-$326.1M-$494.5M-$33.7M$482.7M-$128.2M-$56.8M
EPS, basic -1.663.434.180.05-3.04-4.60-0.344.39-1.20-0.54
EPS, diluted -1.663.434.160.05-3.04-4.60-0.344.37-1.20-0.54
Shares, diluted (wtd. avg.) 99.3M99.1M102.9M106.6M107.8M108.0M109.2M109.4M108.5M108.0M

Balance sheet

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Cash and equivalents $196.8M$217.3M$257.2M$269.0M$936.7M$536.7M$383.0M$326.2M$560.5M$935.1M
Short-term investments $21.5M$292.9M$93.6M$117.1M$198.7M$89.3M$53.0M$41.5M$44.5M$44.1M
Receivables $752.8M$418.6M$403.1M$430.9M$204.4M$150.2M$461.8M$530.9M$398.3M$287.0M
Inventory $324.3M$117.9M$94.2M$88.0M$84.1M$104.2M$149.7M$158.1M$137.2M$124.3M
Total current assets $1.47B$1.19B$1.01B$1.00B$1.59B$963.3M$1.12B$1.12B$1.24B$1.57B
Property, plant and equipment $4.31B$3.02B$2.92B$2.96B$3.13B$3.65B$4.50B$4.86B$5.00B$5.14B
Goodwill $182.9M$45.7M$45.7M$45.7M$45.7M$45.7M$82.8M$64.8M$51.7M$4.7M
Other intangibles $485.5M$54.1M$60.6M$67.2M$73.8M$81.0M$86.7M$73.2M$50.8M$919.0K
Total assets $6.71B$5.78B$4.38B$4.36B$5.03B$4.83B$5.84B$6.21B$6.44B$6.83B
Accounts payable $217.9M$135.1M$130.9M$127.0M$72.0M$36.5M$45.4M$132.7M$135.6M$95.4M
Short-term debt $6.9M$0—$0$483.5M$0$0$0——
Total current liabilities $814.8M$446.9M$418.9M$394.8M$866.3M$219.1M$410.2M$377.2M$344.4M$330.1M
Long-term debt $2.06B$1.78B$545.1M$542.6M$542.0M$480.7M$479.4M$494.0M$492.9M$491.8M
Retained earnings $2.62B$2.88B$2.71B$2.47B$2.57B$3.01B$3.71B$4.03B$3.86B$4.29B
Total equity $2.83B$2.92B$2.77B$2.77B$2.91B$3.32B$4.01B$4.38B$4.16B$4.56B

Cash flow

Fiscal year FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating cash flow $543.0M$684.7M$833.7M$233.9M$136.4M$538.9M$855.8M$557.9M$371.2M$754.5M
Depreciation and amortisation $625.1M$397.3M$382.3M$403.2M$419.7M$481.9M$562.8M$583.8M$585.5M$598.6M
Stock-based compensation $31.6M$31.2M$32.5M$28.0M$27.9M$36.3M$34.3M$31.7M$26.2M$24.4M
Capital expenditure $426.4M$495.1M$395.5M$250.9M$82.1M$140.8M$458.4M$466.6M$397.6M$257.2M
Investing cash flow -$1.93B-$458.7M-$322.6M-$167.3M-$162.0M-$87.9M-$422.6M-$472.4M-$445.0M-$234.2M
Financing cash flow $66.7M$986.5M-$463.9M-$734.3M$425.5M-$297.2M-$376.3M-$319.8M-$300.8M-$344.1M
Dividends paid $100.7M$168.5M$201.5M$107.4M$109.1M$260.3M$313.4M$308.4M$305.5M$300.2M
Buybacks —$51.6M$249.0M$77.0M$0$28.5M$42.8M———

Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0000046765-25-000071.

Plot the figures US dollars

Income statement Revenue Cost of revenue Gross profit R&D SG&A Total operating expenses Operating income Interest expense Pre-tax income Income tax Net income EPS, basic EPS, diluted Shares, diluted (wtd. avg.)
Balance sheet Cash and equivalents Short-term investments Receivables Inventory Total current assets Property, plant and equipment Goodwill Other intangibles Total assets Accounts payable Short-term debt Total current liabilities Long-term debt Total liabilities Retained earnings Total equity
Cash flow Operating cash flow Depreciation and amortisation Stock-based compensation Capital expenditure Investing cash flow Financing cash flow Dividends paid Buybacks
  • Revenue
  • Gross profit
  • Net income
Revenue, Gross profit, Net income by fiscal year, in US dollars The same figures are in the table below this chart. -2B 0 2B 4B Revenue, FY2016: 1.6B Net income, FY2016: -56.8M Revenue, FY2017: 1.8B Net income, FY2017: -128.2M Revenue, FY2018: 2.5B Net income, FY2018: 482.7M Revenue, FY2019: 2.8B Net income, FY2019: -33.7M Revenue, FY2020: 1.8B Net income, FY2020: -494.5M Revenue, FY2021: 1.2B Net income, FY2021: -326.1M Revenue, FY2022: 2B Net income, FY2022: 7M Revenue, FY2023: 2.9B Net income, FY2023: 434.1M Revenue, FY2024: 2.7B Net income, FY2024: 344.2M Revenue, FY2025: 3.7B Net income, FY2025: -163.7M FY2016 FY2017 FY2018 FY2019 FY2020 FY2021 FY2022 FY2023 FY2024 FY2025
Fiscal year FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue $1.62B $1.79B $2.47B $2.79B $1.76B $1.21B $2.05B $2.86B $2.75B $3.68B
Gross profit — — — — — — — — — —
Net income -$56.8M -$128.2M $482.7M -$33.7M -$494.5M -$326.1M $7.0M $434.1M $344.2M -$163.7M

Recent filings and events

  • Results announced The quarterly or annual earnings release. Arrives four times a year from almost every company here. Item 2.02
  • Other event The catch-all. The company chose to disclose something that fits no other item, so the content is whatever it says it is. Item 8.01
  • Results announced Item 2.02
  • Officer or director change Someone at the top arrived or left. The item covers everything from a board retirement to a chief executive being removed, and only the filing itself says which. Item 5.02
  • Regulation FD disclosure Something the company told the market and had to tell everyone at once - usually a slide deck or a press release. Item 7.01
  • Officer or director change Item 5.02
  • Shareholder vote The results of the annual meeting or a special vote. Item 5.07
  • Other event Item 8.01
  • Results announced Item 2.02
  • Officer or director change Item 5.02
  • Regulation FD disclosure Item 7.01
  • Other event Item 8.01

Item numbers are Form 8-K's own, and a filing date is up to four business days after the thing it reports. The same feed across the whole market.

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