Helmerich & Payne, Inc. (HP)
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling solutions and technologies for oil and gas exploration and production companies. The company operates through North America Solutions, Offshore Solutions, and International Solutions segments. The North America Solutions segment conducts operations primarily in Texas. The Offshore Solutions segment has drilling operations in Louisiana and in U.S. federal waters the North Sea and Norwegian Sea off the coast of Norway, Caspian Sea and other international waters. The International Solutions segment conducts drilling operations in Saudi Arabia, Argentina, Bahrain, Oman, Germany, and Kuwait. The company focuses on developing, promoting, and commercializing technologies designed to enhance the drilling operations, as well as wellbore quality and placement. It also owns and operates commercial real estate properties. In addition, the company's real estate investments include a shopping center. Helmerich & Payne, Inc. was founded in 1920 and is headquartered in Tulsa, Oklahoma.
- Symbol
- HP
- Exchange
- NYSE
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- Market cap
- $3.95B
- 52 week range
- 21.49 - 48.17
Valuation
- Share price
- $39.56 (close of 2026-09-23)
- P/E (TTM)
- -28.06x
- Price to book
- 1.48x
- Price to free cash flow
- 12.54x
- Enterprise value
- $5.58B
- Book value per share
- $26.72
Price performance
| Period | Change |
|---|
| 1 day | -1.81% |
| 5 days | -8.95% |
| 1 month | -9.16% |
| 3 months | +11.15% |
| 6 months | +6.54% |
| Year to date | +37.94% |
| 1 year | +81.47% |
| 3 years | -7.61% |
| 5 years | +47.78% |
| 10 years | -31.31% |
| All time | +253.53% |
Profitability and growth
- Return on equity
- -5.79%
- Return on invested capital
- 0.03%
- Return on assets
- -2.44%
- Return on capital employed
- 0.06%
- Gross margin
- 7.89%
- Net margin
- -4.45%
- EBITDA margin
- 17.08%
- Revenue growth
- 33.96%
- Net income growth
- -147.56%
- Free cash flow growth
- -38.51%
Cash flow and balance sheet
- Free cash flow yield (TTM)
- 7.98%
- Current ratio
- 1.96x
- Net debt to EBITDA
- 2.05x
Latest reported year
- Period end
- 2025-09-30
- Fiscal year
- 2025
- Revenue
- $3.68B
- Cost of revenue
- $3.39B
- Gross profit
- $290.37M
- EBITDA
- $628.40M
- Net income
- $-163.69M
- Earnings per share
- $-1.66
- Shares outstanding
- 99.27M
Income statement by year
| Period end | Revenue | Gross profit | Net income | EPS |
|---|
| 2025-09-30 | $3.68B | $290.37M | $-163.69M | $-1.66 |
| 2024-09-30 | $2.75B | $702.33M | $344.17M | $3.43 |
| 2023-09-30 | $2.86B | $775.00M | $434.10M | $4.18 |
| 2022-09-30 | $2.05B | $227.66M | $6.95M | $0.05 |
| 2021-09-30 | $1.21B | - | $-326.15M | $-3.04 |
| 2020-09-30 | $1.76B | - | $-494.50M | $-4.60 |
| 2019-09-30 | $2.79B | $215.00M | $-33.66M | $-0.34 |
| 2018-09-30 | $2.47B | $232.22M | $482.67M | $4.39 |
| 2017-09-30 | $1.79B | - | $-128.21M | $-1.20 |
| 2016-09-30 | $1.62B | $120.22M | $-56.83M | $-0.54 |
Margins and returns by year
| Period end | Gross margin | Net margin | Return on equity | Return on capital |
|---|
| 2025-09-30 | 7.89% | -4.45% | -5.79% | 0.03% |
| 2024-09-30 | 25.58% | 12.53% | 11.80% | 7.52% |
| 2023-09-30 | 27.07% | 15.16% | 15.66% | 13.54% |
| 2022-09-30 | 11.11% | 0.34% | 0.25% | 0.76% |
| 2021-09-30 | - | -26.94% | -11.20% | -11.25% |
| 2020-09-30 | - | -28.07% | -14.90% | -14.69% |
| 2019-09-30 | 7.72% | -1.21% | -0.84% | 0.50% |
| 2018-09-30 | 9.38% | 19.51% | 11.01% | 0.72% |
| 2017-09-30 | - | -7.15% | -3.08% | -2.75% |
| 2016-09-30 | 7.40% | -3.50% | -1.25% | -0.32% |
Cash and debt by year
| Period end | Cash | Debt |
|---|
| 2025-09-30 | $218.34M | $2.06B |
| 2024-09-30 | $510.26M | $1.78B |
| 2023-09-30 | $350.77M | $545.14M |
| 2022-09-30 | $349.23M | $542.61M |
| 2021-09-30 | $1.10B | $542.00M |
| 2020-09-30 | $577.20M | $480.73M |
| 2019-09-30 | $400.90M | $479.36M |
| 2018-09-30 | $325.82M | $493.97M |
| 2017-09-30 | $565.87M | $492.90M |
| 2016-09-30 | $949.71M | $491.85M |
Free cash flow by year
| Period end | Free cash flow | Stock-based compensation |
|---|
| 2025-09-30 | $116.58M | $31.59M |
| 2024-09-30 | $189.59M | $31.20M |
| 2023-09-30 | $438.22M | $32.46M |
| 2022-09-30 | $-16.98M | $28.03M |
| 2021-09-30 | $54.29M | $27.86M |
| 2020-09-30 | $398.09M | $36.33M |
| 2019-09-30 | $397.35M | $34.29M |
| 2018-09-30 | $91.27M | $31.69M |
| 2017-09-30 | $-26.37M | $26.18M |
| 2016-09-30 | $497.36M | $24.38M |
Dividend history
- Most recent payment
- 2026-08-18
- Paid in the last twelve months
- $1.00
| Payment date | Dividend per share |
|---|
| 2026-08-18 | $0.25 |
| 2026-05-18 | $0.25 |
| 2026-02-13 | $0.25 |
| 2025-11-18 | $0.25 |
| 2025-08-15 | $0.25 |
| 2025-05-15 | $0.25 |
| 2025-02-14 | $0.25 |
| 2024-11-18 | $0.25 |
Investor relations
Next earnings report
- Next confirmed report
- 2026-11-16
- Consensus EPS estimate
- $0.23
Past earnings dates
| Reported | Fiscal period | EPS estimate |
|---|
| 2026-08-05 | Jun/2026 | $0.11 |
| 2026-05-06 | - | - |
| 2026-02-04 | - | - |
| 2025-11-17 | - | - |
| 2025-08-06 | - | - |
| 2025-05-07 | - | - |
| 2025-02-05 | - | - |
| 2024-11-13 | - | - |
Filings and sources
- Company website
- hpinc.com
- SEC filings
- 10-K, 10-Q and 8-K on EDGAR
- Earnings calendar
- All upcoming reports
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