Helmerich & Payne, Inc. HP
Last close
44.36
2026-09-04
Market cap
$4.43B
2026-06-30 share count
52-week range
19.62 - 48.17
Valuation FY2025 figures against the last close
P/S1.2x
P/E—
P/FCF38.0x
EV/EBITDA10.0x
Dividend yield2.3%
Diluted EPS-1.66
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | -1.66 | 3.43 | 4.18 | 0.05 | -3.04 | -4.60 | -0.34 | 4.39 | -1.20 | -0.54 |
| EPS, diluted | -1.66 | 3.43 | 4.16 | 0.05 | -3.04 | -4.60 | -0.34 | 4.37 | -1.20 | -0.54 |
| Shares, diluted (wtd. avg.) | $99.3M | $99.1M | $102.9M | $106.6M | $107.8M | $108.0M | $109.2M | $109.4M | $108.5M | $108.0M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| 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.
Others in SIC 1381
| Ticker | Company | Market cap | P/E | Revenue growth |
|---|---|---|---|---|
| NE | Noble Corp plc | $7.28B | 33.8x | 7.4% |
| RIG | Transocean Ltd. | $6.53B | — | 12.5% |
| VAL | Valaris Ltd | $6.02B | 6.3x | 24.0% |
| PTEN | PATTERSON UTI ENERGY INC | $4.74B | — | -9.8% |
| SDRL | Seadrill Ltd | $3.07B | — | 7.9% |
| NBR | NABORS INDUSTRIES LTD | $1.45B | 5.2x | 8.7% |
| HPK | HighPeak Energy, Inc. | $1.02B | 57.5x | -22.7% |
| BORR | Borr Drilling Ltd | — | — | 1.0% |