Helmerich & Payne, Inc. logo HP - Helmerich & Payne, Inc.

Price: -- -- | CONSENSUS: Hold DETAILS
STRONG
BUY
0
BUY 15
HOLD 23
SELL 5
STRONG
SELL
0
| PRICE TARGET: $38.14 DETAILS
HIGH: $43.00
LOW: $32.00
MEDIAN: $39.00
CONSENSUS: $38.14
DOWNSIDE: 4.36%
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Revenue
Revenue 3,746.0 2,756.6 2,872.4 2,058.9 1,218.6 1,773.9 2,798.5 2,487.3 1,804.7 1,624.2 3,165.4 3,719.7 3,387.6 3,151.8 2,543.9 1,875.2 1,894.8 2,036.5 1,629.7 1,224.8 800.7 620.9 515.3 510.9 826.9 631.1 564.3 636.6 517.9 387.5 325.8 329 315.1
Cost of Revenue 3,192.5 2,027.6 2,097.4 1,829.8 1,372.3 1,666.7 2,371.4 2,236.4 1,834.9 1,497.4 2,311.2 2,533.5 2,308.4 1,750.5 1,432.6 1,072.0 1,011.6 1,086.7 862.3 661.6 484.2 416.6 345.5 336.9 447.4 339.6 342.5 356.3 283.1 235.9 210.3 223.8 201.7
Gross Profit 553.5 729.0 775.0 229.2 (153.8) 107.3 427.1 250.9 (30.1) 126.8 854.3 1,186.2 1,079.2 1,401.3 1,111.3 803.2 883.3 949.9 767.4 563.2 316.5 204.3 169.7 174.0 379.4 291.5 221.8 280.3 234.8 151.6 115.5 105.2 113.4
Operating Expenses
R&D Expenses 34.1 41.0 30.0 26.6 21.7 21.6 27.5 18.2 12.0 10.3 16.1 15.9 15.2 16.1 15.8 12.3 9.7 1.8 0 0 0 0 0 0 21.7 0 0 0 0 0 0 0 0
SG&A Expenses 287.1 244.9 206.7 182.4 172.2 167.5 194.4 200.6 151.0 146.2 134.9 135.1 126.2 107.3 91.5 81.5 59.4 57.1 47.4 51.9 41.0 37.7 41.0 20.4 15.4 11.6 14.2 11.8 9.3 9.1 8.8 8.9 6.8
Other Expenses 0 (8.7) (23.6) (25.0) 80.9 538.3 (1.6) 0.5 0 (1.0) (0.9) (0.6) (0.0) 387.5 301.6 257.7 229.9 187.0 87.7 94.1 96.3 94.4 82.5 61.4 128.9 140.1 136.2 115.5 93.8 78 92.5 65.6 63.3
Operating Expenses 321.2 277.1 213.1 183.9 274.8 727.4 221.9 218.8 163.0 156.5 151.0 151.0 141.5 510.9 408.8 351.4 298.9 245.9 135.1 146.0 137.3 132.1 123.5 81.8 144.4 151.6 150.4 127.3 103.1 87.1 101.3 74.5 70.1
Operating Income
Operating Income 232.3 451.9 561.9 45.3 (428.5) (620.2) 213.1 31.6 (172.5) (26.0) 675.8 1,054.8 956.7 890.4 702.5 451.8 583.5 703.9 632.3 417.3 179.2 72.2 46.2 92.2 235.1 139.8 71.4 153 131.7 64.5 14.2 30.7 43.3
Interest Expense 107.8 29.1 17.3 19.2 24.0 24.5 25.2 24.3 19.7 22.9 15.0 4.7 6.1 8.7 17.4 17.2 13.5 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Interest Income 35.2 41.2 28.4 18.1 10.3 7.3 9.5 8.0 5.9 3.2 5.8 1.5 1.7 1.4 2.0 1.8 5.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Profitability
EBITDA 658.8 907.5 993.0 453.7 13.8 (130.1) 532.1 623.9 420.7 548.8 1,284.9 1,624.5 1,576.0 1,298.8 1,019.9 718.1 825.7 914.7 778.4 518.9 321.6 115.1 117.1 154.8 185.3 145.6 182.2 242.8 204.2 131.4 91.3 80.8 91.9
EBIT 33.7 510.1 610.7 50.5 (405.9) (612.0) (26.0) 40.1 (164.9) (49.8) 676.9 1,101.0 1,120.4 911.2 704.4 455.4 589.3 703.9 632.3 417.3 225.3 (12.3) 34.4 92.2 134.7 67.1 71.4 153 131.7 70.3 14.2 30.7 43.3
Income Before Tax (74.1) 481.0 593.4 31.3 (429.9) (636.5) (51.2) 15.8 (184.6) (72.7) 665.6 1,096.3 1,114.3 902.6 687.1 438.2 575.8 699.9 690.4 441.0 212.7 8 33.9 91.2 235.1 136.8 68.5 157.9 129.7 71.2 14.8 31.2 42
Income Tax Expense 85.8 136.9 159.3 24.4 (103.7) (140.1) (18.7) (477.2) (56.7) (19.7) 243.4 387.5 392.8 329.0 252.4 152.2 232.4 255.6 251.0 154.4 87.5 4.4 14.6 40.6 93.0 57.7 25.7 56.7 45.5 25.8 5 10.2 17.4
Net Income (165.1) 344.2 434.1 7.0 (326.1) (494.5) (32.5) 482.7 (128.2) (56.8) 422.2 708.7 736.6 581.0 434.2 156.3 353.5 461.7 449.3 293.9 127.6 4.4 17.9 63.5 144.3 82.3 42.8 101.2 84.2 72.5 9.8 25 24.6
Per Share Data
EPS (Basic) -1.66 3.43 4.18 0.05 -3.04 -4.60 -0.30 4.43 -1.19 -0.53 3.90 6.54 6.89 5.42 4.06 1.47 3.36 4.43 4.35 2.81 1.23 0.04 0.09 0.27 0.81 0.83 0.44 1.01 0.21 0.18 0.03 0.07 0.06
EPS (Diluted) -1.66 3.43 4.16 0.05 -3.04 -4.60 -0.30 4.41 -1.18 -0.53 3.87 6.46 6.79 5.34 3.99 0.77 3.32 4.34 4.27 2.77 1.23 0.04 0.09 0.27 0.79 0.82 0.43 1.00 0.21 0.18 0.03 0.07 0.06
Shares Outstanding 99.3 98.9 102.4 105.9 107.8 108.0 109.2 108.9 108.1 108.0 107.8 107.8 106.3 106.8 106.6 105.8 105.4 104.3 103.3 104.7 103.6 100.6 100.0 99.6 100.3 99.1 98.5 99.9 98.8 98.8 99.1 98.8 98.5
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2009 2008 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Current Assets
Cash & Cash Equivalents 224.3 217.3 316.2 268.4 917.5 487.9 347.9 284.4 521.4 905.6 141.5 121.5 65.3 38.2 46.9 123.0 108.1 21.8 24.5 28 16.9 19.7 29.4 61.7
Short-Term Investments 21.5 292.9 93.6 117.1 198.7 89.3 53.0 41.5 44.5 44.1 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Net Receivables 787.6 429.9 410.7 465.0 233.4 195.0 497.8 565.2 477.1 375.2 246.8 462.8 139.1 91.1 92.6 116.8 106.6 99.6 119.4 98.7 75.4 59.3 68.9 56.3
Inventory 324.3 117.9 94.2 88.0 84.1 104.2 149.7 158.1 137.2 124.3 44.7 33.1 20.8 22.5 22.5 28.9 25.6 25.2 25.4 19.6 16.9 21.3 21 17.6
Other Current Assets 112.7 82.1 2.7 22.1 114.4 63.5 46.9 48.5 41.3 91.6 88.3 57.1 15.3 0 0 5.9 0 14 15 11.7 5.2 14.7 3.6 14.9
Total Current Assets 1,465.5 1,192.1 998.8 997.9 1,586.6 963.3 1,115.1 1,115.5 1,235.3 1,572.7 522.9 690.6 245.9 197.5 178.8 331.4 265.1 160.6 184.3 158 114.4 115 122.9 150.5
Non-Current Assets
Property, Plant & Equipment 4,436.7 3,083.4 2,924.8 2,954.3 3,162.0 3,646.3 4,502.1 4,857.4 5,001.1 5,144.7 3,265.9 2,682.3 998.7 1,058.2 897.4 818.4 673.6 691.2 692.4 539 463.5 423.8 400.7 358.8
Goodwill 182.9 45.7 45.7 45.7 45.7 45.7 82.8 64.8 51.7 4.7 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Intangible Assets 485.5 54.1 60.6 67.2 73.8 81.0 86.7 73.2 50.8 0.9 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Long-Term Investments 69.8 100.6 312.3 265.2 135.4 31.6 32.0 98.7 84.0 85.0 356.4 199 0 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Assets 65.4 1,306.1 39.9 25.3 30.6 188.4 190.4 (847.9) (1,315.5) 29.6 15.8 16.1 162.3 160.1 151.1 214.7 320.7 257.9 213.7 336.6 244 171.4 101.2 101.6
Total Non-Current Assets 5,240.3 4,589.8 3,440.8 3,412.4 3,447.6 3,866.3 4,724.4 5,099.3 5,204.7 5,259.3 3,638.1 2,897.4 1,161.0 1,218.3 1,048.6 1,033.1 994.3 949.1 906.1 875.6 707.5 595.2 501.9 460.4
Total Assets 6,705.7 5,781.9 4,439.6 4,410.3 5,034.1 4,829.6 5,839.5 6,214.9 6,440.0 6,832.0 4,161.0 3,588.0 1,406.8 1,415.8 1,227.3 1,364.5 1,259.5 1,109.7 1,090.4 1,033.6 821.9 710.2 624.8 610.9
Current Liabilities
Account Payables 217.9 135.1 130.9 127.0 72.0 36.5 123.1 132.7 135.6 95.4 70.2 153.9 28.0 29.6 41.0 44.8 32.3 25.7 41.9 42.6 25.6 26.4 22.6 23.8
Short-Term Debt 6.9 17.0 13.8 0 483.5 0 0 0 0 0 105 26.7 0 30 0 0 0 5 44.8 5 5 21.7 0 5.7
Deferred Revenue 0 32.2 33.7 28.8 13.2 15.0 40.2 30.2 35.7 52.6 0 0 0 0 0 0 0 0 0 0 0 0 0 0
Other Current Liabilities 554.1 181.9 160.5 127.2 126.6 129.3 97.6 126.0 110.1 138.5 80.4 0 0 0 0 0 0 0 38.8 47.6 32 21.5 24.1 16.9
Total Current Liabilities 814.8 446.9 418.9 394.8 866.3 219.1 410.2 377.2 344.4 330.1 301.9 309.0 59.9 88.6 72.9 121.2 78.9 71.9 125.5 95.2 62.6 69.6 46.7 46.4
Non-Current Liabilities
Long-Term Debt 2,167.2 1,782.2 545.1 542.6 542.0 480.7 479.4 494.0 492.9 491.8 420 475 200 200 100 50 50 50 50 0 0 0 0 3.6
Deferred Tax Liabilities 624 495.5 575.4 592.5 563.4 650.7 806.6 853.1 1,332.7 1,342.5 681.5 480.0 194.6 181.7 131.4 144.4 156.7 116.6 103.5 141.3 98.3 66 44.5 44.7
Other Non-Current Liabilities 130.1 70.3 79.0 84.4 110.9 123.7 121.6 105.1 97.7 81.9 69.4 58.7 38.3 28.2 27.8 22.4 18.2 23.1 18.3 16.5 15 12.2 9.3 7.3
Total Non-Current Liabilities 3,061.6 2,417.8 1,248.7 1,250.1 1,255.2 1,292.0 1,417.1 1,455.0 1,931.0 1,941.0 1,176.1 1,013.6 432.8 410.0 259.2 216.8 224.9 189.7 171.8 157.8 113.3 78.2 53.8 55.6
Total Liabilities 3,876.4 2,864.7 1,667.6 1,644.9 2,121.5 1,511.1 1,827.3 1,832.1 2,275.4 2,271.1 1,478.0 1,322.6 492.7 498.6 332.1 338.0 303.8 261.6 297.3 253 175.9 147.8 100.5 102
Stockholders' Equity
Common Stock 11.2 11.2 11.2 11.2 11.2 11.2 11.2 11.2 11.2 11.1 10.7 10.7 5.4 5.4 5.4 5.4 5.4 5.4 0 0 0 0 0 0
Retained Earnings 2,619.1 2,883.6 2,707.7 2,473.6 2,573.4 3,010.0 3,714.3 4,027.8 3,855.7 4,289.8 2,414.9 2,082.5 828.8 840.8 838.9 943.1 813.9 746 716.9 629.6 557.5 495.7 496.3 482.4
Accumulated Other Comprehensive Income 45.0 (6.3) (8.0) (12.1) (20.2) (26.2) (28.6) 16.6 2.3 (0.2) 112.5 38.4 36.3 33.7 16.0 47.5 102.8 70.7 (686.2) (621.9) (606.9) (587) (542.5) 0
Total Stockholders' Equity 2,724.8 2,917.2 2,771.9 2,765.5 2,912.6 3,318.5 4,012.2 4,382.7 4,164.6 4,560.9 2,683.0 2,265.5 914.1 917.3 895.2 1,026.5 955.7 848.1 793.1 780.6 646 562.4 524.3 508.9
Total Liabilities & Equity 6,705.7 5,781.9 4,439.6 4,410.3 5,034.1 4,829.6 5,839.5 6,214.9 6,440.0 6,832.0 4,161.0 3,588.0 1,406.8 1,415.8 1,227.3 1,364.5 1,259.5 1,109.7 1,090.4 1,033.6 821.9 710.2 624.8 610.9
Debt Metrics
Total Debt 2,320.1 1,858.9 600.0 582.3 1,076.0 526.0 479.4 494.0 492.9 491.8 420 501.7 200 230 100 50 50 55 94.8 5 5 21.7 0 9.3
Net Debt 2,095.9 1,641.6 283.7 314.0 158.4 38.1 131.4 209.6 (28.5) (413.7) 278.5 380.2 134.7 191.8 53.1 (73.0) (58.1) 33.2 70.3 (23) (11.9) 2 (29.4) (52.4)
Metric 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Operating Activities
Net Income (159.9) 344.2 434.1 6.6 (326.1) (496.4) (32.5) 493.0 (127.9) (53.0) 127.6 4.4 17.9 53.7 144.3 82.3 42.8 101.2 84.2 72.5 9.8 21 24.6
Depreciation & Amortization 625.1 397.3 382.3 403.2 419.7 481.9 562.8 583.8 585.5 598.6 96.3 94.4 82.7 62.6 88.8 112.4 110.7 89.8 72.5 61.1 77.1 50.1 48.6
Stock-Based Compensation 31.6 31.2 32.5 28.0 27.9 36.3 34.3 31.7 26.2 24.4 0 0 0 0 0 0 0 0 0 0 0 0 0
Change in Working Capital (79.8) (38.4) 34.5 (155.7) 36.5 160.4 95.9 (88.4) (111.1) 157.0 (21.5) 1.8 (40.3) 46.8 (2.8) (1.1) 5.9 (38.3) 4.7 9.4 0.5 (2.9) (9.7)
Other Non-Cash Items 204.7 (26.4) (29.3) (19.6) 68.2 514.2 239.8 11.2 8.6 (33.4) (44.8) 6.9 1.9 (4.6) 3.4 (3.9) (1.3) (0.1) (0.1) (15.4) (0.1) (0.1) (0.1)
Operating Cash Flow 543.0 684.7 833.7 233.9 136.4 538.9 855.8 544.5 357.2 753.6 212.2 135.4 96.5 201.4 278.9 201.8 158.7 113.5 165.6 124.9 88.6 79.9 71
Investing Activities
Capital Expenditure (426.4) (495.1) (395.5) (272.5) (82.1) (140.8) (458.4) (466.6) (397.6) (257.2) (86.8) (89.0) (246.3) (312.1) (274.7) (131.9) (123) (266.3) (161.2) (110) (110.8) (102.9) (50.6)
Acquisitions (1,836.1) 0 0 (0.2) 130.0 15.1 (16.2) (47.9) (70.4) 21.8 0 0 0 (55.2) (2.3) 0 0 0 0 4 0 0 4.8
Purchases of Investments (120.4) (209.8) (201.7) (216.3) (417.6) (134.6) (97.7) (71.0) (69.9) (57.3) (5) 0 0 (5.7) 0 0 (0.5) 0 (1.4) (1.2) 0 0 (3)
Sales/Maturities of Investments 410.3 204.2 195.3 266.8 207.7 94.6 98.8 68.8 69.4 58.4 65.5 14.0 18.2 47.1 24.4 12.6 2.8 75 8.6 8 0 0.1 7.1
Other Investing Activities 47.1 41.9 79.3 55.1 0 77.8 50.8 44.4 23.4 21.8 29.0 7.9 6.7 4.1 13.2 18.0 10 15.4 9.4 (2.1) 1.8 4.9 5.4
Investing Cash Flow (1,925.3) (458.7) (322.6) (167.3) (162.0) (87.9) (422.6) (472.4) (445.0) (234.2) 2.7 (67.0) (221.4) (321.7) (239.3) (101.3) (110.7) (175.9) (144.6) (101.3) (109) (97.9) (36.3)
Financing Activities
Net Debt Issuance 197.4 1,247.6 0 (487.1) 548.7 0 0 0 0 (40) 0 (30) 130 50 0 (5) (39.8) 89.8 0 (16.7) 21.7 (3.1) (0.1)
Stock Repurchased 0 (51.3) (247.2) (77.0) (2.2) (28.5) (42.8) (7.1) (6.6) 0 0 0 0 0 (23.2) (0.5) 0 (19.1) 0 0 0 0 0
Dividends Paid (100.7) (168.5) (201.5) (107.4) (109.1) (260.3) (313.4) (308.4) (305.5) (300.2) (16.9) (16.2) (16.0) (15.2) (15.0) (14.2) (13.8) (13.8) (13) (12.5) (12.4) (12) (11.8)
Other Financing Activities (30.0) (41.4) (15.2) (62.8) (11.9) (8.4) (23.2) (4.3) 9.1 (4.1) 0 0 0 0 0 0 (0.0) 0 0 0 0 0 (0.1)
Financing Cash Flow 66.7 986.5 (463.9) (734.3) 425.5 (297.2) (376.3) (309.2) (296.4) (343.2) 8.5 (41.3) 116.2 38.3 (24.6) (14.2) (50.7) 58.9 (9.9) (26.2) 10.6 (14.2) (10.7)
Cash Position
Net Change in Cash (1,302.8) 1,212.4 47.2 (667.7) 400.0 153.8 56.8 (237.0) (384.2) 176.2 223.5 27.1 (8.7) (81.9) 14.9 86.3 (2.7) (3.5) 11.1 (2.7) (9.8) (32.2) (10.7)
Cash at Beginning 1,528.7 316.2 269.0 936.7 536.7 383.0 326.2 521.4 905.6 729.4 65.3 38.2 46.9 128.8 108.1 21.8 24.5 28 16.9 19.5 29.4 61.7 37.6
Cash at End 225.9 1,528.7 316.2 269.0 936.7 536.7 383.0 284.4 521.4 905.6 288.8 65.3 38.2 46.9 123.0 108.1 21.8 24.5 28 16.8 19.6 29.5 26.9
Free Cash Flow 116.6 189.6 438.2 (38.6) 54.3 398.1 397.3 77.9 (40.4) 496.4 125.4 46.4 (149.8) (110.7) 4.2 69.9 35.7 (152.8) 4.4 14.9 (22.2) (23) 20.4
Key Metrics 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 2002 2001 2000 1999 1998 1997 1996 1995 1994 1993
Income Statement
Revenue 3,746.0 2,756.6 2,872.4 2,058.9 1,218.6 1,773.9 2,798.5 2,487.3 1,804.7 1,624.2 3,165.4 3,719.7 3,387.6 3,151.8 2,543.9 1,875.2 1,894.8 2,036.5 1,629.7 1,224.8 800.7 620.9 515.3 510.9 826.9 631.1 564.3 636.6 517.9 387.5 325.8 329 315.1
Gross Profit 553.5 729.0 775.0 229.2 (153.8) 107.3 427.1 250.9 (30.1) 126.8 854.3 1,186.2 1,079.2 1,401.3 1,111.3 803.2 883.3 949.9 767.4 563.2 316.5 204.3 169.7 174.0 379.4 291.5 221.8 280.3 234.8 151.6 115.5 105.2 113.4
Operating Income 232.3 451.9 561.9 45.3 (428.5) (620.2) 213.1 31.6 (172.5) (26.0) 675.8 1,054.8 956.7 890.4 702.5 451.8 583.5 703.9 632.3 417.3 179.2 72.2 46.2 92.2 235.1 139.8 71.4 153 131.7 64.5 14.2 30.7 43.3
Net Income (165.1) 344.2 434.1 7.0 (326.1) (494.5) (32.5) 482.7 (128.2) (56.8) 422.2 708.7 736.6 581.0 434.2 156.3 353.5 461.7 449.3 293.9 127.6 4.4 17.9 63.5 144.3 82.3 42.8 101.2 84.2 72.5 9.8 25 24.6
EPS (Diluted) -1.66 3.43 4.16 0.05 -3.04 -4.60 -0.30 4.41 -1.18 -0.53 3.87 6.46 6.79 5.34 3.99 0.77 3.32 4.34 4.27 2.77 1.23 0.04 0.09 0.27 0.79 0.82 0.43 1.00 0.21 0.18 0.03 0.07 0.06
Balance Sheet
Cash & Equivalents 224.3 217.3 316.2 268.4 917.5 487.9 347.9 284.4 521.4 905.6 141.5 121.5 65.3 38.2 46.9 123.0 108.1 21.8 24.5 28 16.9 19.7 29.4 61.7
Total Assets 6,705.7 5,781.9 4,439.6 4,410.3 5,034.1 4,829.6 5,839.5 6,214.9 6,440.0 6,832.0 4,161.0 3,588.0 1,406.8 1,415.8 1,227.3 1,364.5 1,259.5 1,109.7 1,090.4 1,033.6 821.9 710.2 624.8 610.9
Total Debt 2,320.1 1,858.9 600.0 582.3 1,076.0 526.0 479.4 494.0 492.9 491.8 420 501.7 200 230 100 50 50 55 94.8 5 5 21.7 0 9.3
Stockholders' Equity 2,724.8 2,917.2 2,771.9 2,765.5 2,912.6 3,318.5 4,012.2 4,382.7 4,164.6 4,560.9 2,683.0 2,265.5 914.1 917.3 895.2 1,026.5 955.7 848.1 793.1 780.6 646 562.4 524.3 508.9
Cash Flow
Operating Cash Flow 543.0 684.7 833.7 233.9 136.4 538.9 855.8 544.5 357.2 753.6 212.2 135.4 96.5 201.4 278.9 201.8 158.7 113.5 165.6 124.9 88.6 79.9 71
Capital Expenditure (426.4) (495.1) (395.5) (272.5) (82.1) (140.8) (458.4) (466.6) (397.6) (257.2) (86.8) (89.0) (246.3) (312.1) (274.7) (131.9) (123) (266.3) (161.2) (110) (110.8) (102.9) (50.6)
Free Cash Flow 116.6 189.6 438.2 (38.6) 54.3 398.1 397.3 77.9 (40.4) 496.4 125.4 46.4 (149.8) (110.7) 4.2 69.9 35.7 (152.8) 4.4 14.9 (22.2) (23) 20.4