Saturday 17 October 2026 Export HP’s income statement to Excel — free account

Helmerich & Payne, Inc.

Helmerich & Payne, Inc.’s revenue for fiscal 2025 (year ended September 2025) was $3.7 billion, up 35.9% from fiscal 2024. In the quarter to June 2026, revenue was flat, EPS grew 145.1%, free cash flow grew 574.7% and total debt fell 15.0%, each against the same quarter a year earlier.

37.43 0.25 −0.66%

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Market cap: $3.8B
P/E: 0.0×
Fwd P/E: −27.2×
Dividend yield: 2.67%
F-score: 4/9
Altman Z: 1.56
Beneish M: −2.37
Dividend safety: 16/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total sells 11.33

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	—	2	—	—	1	—	1	—	1	4	1	—

Insider Ownership 4.29%

Capital & Financial Ratios $m

Market Cap 3,770.00

Revenue 3,995.99

Net Income (128.44)

Free Cash Flow 489.61

Net Debt 1,597.18

Current Ratio 1.96

Debt/Equity 0.70

P/E ratio 0.00

Fwd P/E (27.20)

P/S ratio 0.94

P/B ratio 1.40

Past 5Y EPS Growth —

This Y EPS Growth (139.40%)

Next Y EPS Growth 512.71%

Next Y revenue growth 8.17%

Next 5Y EPS Growth 31.28%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 17.62%

10-year low 10-year high

P/B against its own 10 years 60.30%

10-year low 10-year high

EV/Sales against its own 10 years 20.94%

10-year low 10-year high

EV/FCF against its own 10 years 29.66%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate 1.00

Annual Dividend Yield 2.67%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.02	0.25 0.25 0.25
2025	1.00	0.25 0.25 0.25 0.25
2024	1.51	0.42 0.42 0.42 0.25
2023	1.88	0.49 0.49 0.49 0.42
2022	1.24	0.25 0.25 0.25 0.49
2021	1.00	0.25 0.25 0.25 0.25
2020	1.92	0.71 0.71 0.25 0.25
2019	2.84	0.71 0.71 0.71 0.71
2018	2.82	0.70 0.70 0.71 0.71
2017	2.80	0.70 0.70 0.70 0.70
2016	2.78	0.69 0.69 0.70 0.70

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	410	579	246	265
Receivables	404	419	783	869
Inventory	94	118	324	326
Other	1	—	15	13
	1,007	1,192	1,465	1,570

	2023	2024	2025	Q'26
Payables	131	135	218	207
ST’ Debt	14	—	7	7
Other	—	—	—	—
	419	447	815	800

Compound Annual Growth %

	10y	5y	3y
Sales	1.71%	16.13%	22.08%
Cash Flow	(9.22%)	0.15%	32.40%
Earnings	0.00%	0.00%	0.00%
Book Value	(5.34%)	(3.14%)	0.76%

Revenue $m

	Dec	Mar	Jun	Sep	Year
’26	1,017	932	1,035	—	—
’25	677	1,016	1,041	1,012	3,746
’24	677	688	698	694	2,757
’23	720	769	724	660	2,872
’22	410	468	550	631	2,059
’21	246	296	332	344	1,219
’20	615	634	317	208	1,774

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	182	37	154	—	—
’25	158	56	122	207	543
’24	175	144	197	169	685
’23	185	141	293	215	834
’22	(4)	23	98	117	234
’21	(20)	78	31	47	136
’20	112	121	214	93	539

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Dec	Mar	Jun	Sep	Year
’26	126	(15)	226	—	—
’25	64	(89)	33	154	162
’24	50	34	77	74	236
’23	120	72	208	108	508
’22	(30)	(31)	35	50	24
’21	(27)	68	26	117	184
’20	78	85	193	120	476

Fiscal quarters ending in the months shown.

EPS $

	Dec	Mar	Jun	Sep	Year
’26	(0.98)	(0.59)	0.74	—	—
’25	0.54	0.01	(1.64)	(0.58)	(1.66)
’24	0.94	0.86	0.88	0.76	3.43
’23	0.91	1.55	0.93	0.77	4.16
’22	(0.48)	(0.05)	0.16	0.42	0.05
’21	(0.66)	(1.13)	(0.52)	(0.74)	(3.04)
’20	0.27	(3.88)	(0.43)	(0.55)	(4.60)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	40.02	42.16	44.56	35.74	12.40	20.93	23.83	30.41	29.46	14.65	Analyst estimates 2026–2028 Powerpack
	High	85.78	81.30	75.02	64.80	47.33	36.26	54.59	51.25	44.11	37.30
People
People	Employees	4,840	8,123	9,777	8,510	4,138	5,444	7,000	6,200	6,200	6,200
	Revenue/emp, $m	0.34	0.22	0.25	0.33	0.43	0.22	0.29	0.46	0.44	0.60
Income, $m
Income, $m	Revenue	1,624	1,805	2,487	2,798	1,774	1,219	2,059	2,872	2,757	3,746
	Gross margin, %	44.66	30.78	33.56	35.37	32.89	21.40	30.49	40.36	40.90	31.46
	EBT	(73)	(185)	16	(51)	(636)	(430)	31	593	481	(74)
	EBT margin, %	(4.47)	(10.23)	0.64	(1.83)	(35.88)	(35.28)	1.52	20.66	17.45	(1.98)
	Net income	(57)	(128)	483	(34)	(494)	(326)	7	434	344	(160)
	Depreciation	600	587	585	565	484	421	404	383	408	631
Per share, $
Per share, $	Revenue	15.04	16.63	22.85	25.62	16.42	11.30	19.44	28.04	27.88	37.73
	Earnings	(0.54)	(1.20)	4.39	(0.34)	(4.60)	(3.04)	0.05	4.18	3.43	(1.66)
	Cash flow	6.99	3.42	5.12	7.84	4.99	1.27	2.21	8.14	6.93	5.47
	Capex	(2.18)	(3.45)	(3.88)	(3.73)	(0.58)	0.44	(1.99)	(3.18)	(4.54)	(3.83)
	Free cash flow	4.81	(0.03)	1.25	4.10	4.41	1.71	0.22	4.96	2.39	1.64
	Book value	42.23	38.38	40.26	36.74	30.72	27.01	26.12	27.06	29.51	28.50
	Shares, m	108	109	109	109	108	108	106	102	99	99
Valuation, ×
Valuation, ×	P/E	0.00	0.00	15.96	0.00	0.00	0.00	739.40	9.65	8.82	0.00
	P/S	4.47	3.08	3.07	1.56	0.89	2.43	1.90	1.44	1.09	0.59
	P/B	1.59	1.34	1.74	1.09	0.48	1.01	1.42	1.49	1.03	0.78
	EV/Sales	4.22	3.06	3.15	1.61	0.84	2.34	1.98	1.49	1.53	1.07
	EV/FCF	13.19	(1,870.09)	57.76	10.03	3.14	15.44	172.48	8.43	17.90	24.71
Cash, $m
Cash, $m	Operating cash flow	755	371	558	856	539	136	234	834	685	543
	Capex	(235)	(374)	(422)	(408)	(62)	48	(210)	(325)	(449)	(381)
	Free cash flow	519	(3)	136	448	476	184	24	508	236	162
Balance, $m
Balance, $m	Working capital	1,243	891	738	705	744	720	608	588	745	651
	Total debt	492	493	494	479	492	1,025	555	559	1,782	2,064
	Net debt	(458)	(73)	168	78	(85)	(109)	169	149	1,203	1,818
	Shareholders’ equity	4,561	4,165	4,383	4,012	3,319	2,913	2,765	2,772	2,917	2,829
Returns, %
Returns, %	ROA	(0.81)	(1.93)	7.63	(0.56)	(9.27)	(6.61)	0.12	9.94	6.77	(2.62)
	ROIC	(0.40)	(2.58)	0.45	0.31	(11.99)	(9.55)	0.96	12.16	6.94	0.04
	ROE	(1.20)	(2.94)	11.29	(0.80)	(13.49)	(10.47)	0.19	15.68	12.10	(5.70)

Negative figures in brackets.

All 10 years →

Fiscal years to Sep 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
NE Noble Corporation PLC	$6.9B	46.4×	29.7×	−15.20% (below 0%: shrinking)	n/m	−152.06% (below 0%: shrinking)	37.99%	4.23%	Compare
RIG Transocean Ltd.	$6.2B	— (loss-making)	31.8×	−2.23% (below 0%: shrinking)	n/m	+90.18% (above 0%: growing)	100.00%	15.73%	Compare
VAL Valaris Limited	$5.8B	6.3×	25.3×	−12.35% (below 0%: shrinking)	−54.94% (below 0%: shrinking)	−159.58% (below 0%: shrinking)	22.94%	9.48%	Compare
PTEN Patterson-UTI Energy, Inc.	$4.3B	— (loss-making)	— (loss-making)	+0.71% (above 0%: growing)	n/m	−598.20% (below 0%: shrinking)	22.85%	(0.57%)	Compare
HP Helmerich & Payne, Inc.	$3.8B	— (loss-making)	— (loss-making)	−0.58% (below 0%: shrinking)	n/m	+574.70% (above 0%: growing)	29.52%	18.19%
SDRL Seadrill Limited	$2.9B	1,575×	123×	+19.10% (above 0%: growing)	n/m	−258.33% (below 0%: shrinking)	52.12%	16.04%	Compare
BORR Borr Drilling Limited	$1.4B	— (loss-making)	— (loss-making)	−13.22% (below 0%: shrinking)	n/m	−323.94% (below 0%: shrinking)	24.62%	0.13%	Compare
NBR Nabors Industries Ltd.	$1.2B	5.3×	— (loss-making)	−2.62% (below 0%: shrinking)	n/m	+135.53% (above 0%: growing)	37.87%	7.05%	Compare
SOC Sable Offshore Corp.	$637.0M	— (loss-making)	—	—	n/m	+90.17% (above 0%: growing)	100.00%	(48.78%)	Compare
Median of peers	$3.6B	26.4×	30.8×	−2.62%	—	−155.82%	37.93%	5.64%

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