MARKETS / NYSE / HP

NYSE · DRILLING OIL & GAS WELLS · LARGE CAP

Helmerich & Payne, Inc. HP

19 fiscal years on record · USD · FY2025 reported · SEC filings only

Revenue

$3.7B

▲ 34.0% YoY

Net income

$-163.7M

▼ 147.6% YoY

Free cash flow

$116.6M

▼ 38.5% YoY

In brief

What this company does

It provides drilling solutions and technologies for oil and gas exploration and production companies. As of September 30, 2025, it had approximately 6,200 employees within the United States and approximately 9,500 employees in its international operations. As of September 30, 2025, it had 208 active rigs under contract. Its North America Solutions operations are located primarily in Texas and other states; its International Solutions operations are conducted in major international oil and gas markets, primarily the Middle East and Latin America; and its Offshore Solutions operations consist of asset-light offshore management contracts and contracted rig platforms located in U.S. federal waters, the North Sea, the Norwegian Sea, the Caspian Sea and other international waters. Helmerich & Payne, Inc. was incorporated under the laws of the State of Delaware on February 3, 1940, as successor to a business originally organized in 1920.

Written from the business description in Helmerich & Payne, Inc.'s annual report to the U.S. Securities and Exchange Commission, filed 21 November 2025. Every sentence was checked against that document before publication.

Growth

USD 3.7B

Revenue, FY2025 · full 19-year series below

Revenue $B Net income $B

FY2025 · Revenue 3.7 · Net income -0.2

Compound annual growth

Revenue

+21.5%

+15.9%

+1.5%

+4.6%

Dividend / share

−37.0%

−33.5%

−21.3%

+0.9%

Returned to shareholders

−2.1%

−17.3%

−11.8%

+10.6%

3 yrs

5 yrs

10 yrs

15 yrs

Revenue compounded at +15.9% a year over five years.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability

−4 cents

lost on every revenue dollar

Operating margin Net margin

FY2025 · Operating 0.1% · Net -4.3%

ROE

FY2025 · ROE -5.6%

Gross margin31.7%

Operating margin0.1%

Net margin-4.3%

Return on assets-2.6%

EBITDAUSD 628.4M

Each USD of equity lost 6 cents this year.

Cash & shareholders

USD 100.7M

returned in FY2025 · dividends + net buybacks

Free cash flow $M

FY2025 · FCF 116.6

Net buybacks $M Dividends $M

FY2025 · Dividends 100.7 · Net buybacks —

Dividends paidUSD 100.7M

Net buybacks—

Share of profit-61.5%

Consecutive raises—

USD 100.7M in dividends went back to shareholders in a year without profit.

Total assetsUSD 6.7B

CashUSD 196.8M

Gross debtUSD 2.1B

Net debtUSD 1.9B

Current ratio1.80×

Not available: we don't have the shareholders' equity figure for this period.

The 19-year record

19 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative

Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue $B	3.7	2.7	2.9	2.0	1.2	1.8	2.8	2.5	1.8	1.6	3.2	3.7	3.4	3.2	2.5	1.9	1.8	1.9	1.6
Operating income $B	0.0	0.5	0.6	0.0	−0.4	−0.6	0.0	0.0	−0.2	−0.0	0.7	1.1	1.0	0.9	0.7	0.5	0.6	0.6	0.6
EBITDA $B	0.6	0.9	1.0	0.4	−0.0	−0.1	0.6	0.6	0.4	0.6	1.3	1.6	1.4	1.3	1.0	0.7	0.8	0.8	0.8
Income tax $B	0.1	0.1	0.2	0.0	−0.1	−0.1	−0.0	−0.5	−0.1	−0.0	0.2	0.4	0.4	0.3	0.3	0.2	0.2	0.2	0.3
Net income $B	−0.2	0.3	0.4	0.0	−0.3	−0.5	−0.0	0.5	−0.1	−0.1	0.4	0.7	0.7	0.6	0.4	0.2	0.4	0.5	0.4
Free cash flow $B	0.1	0.2	0.4	−0.0	0.1	0.4	0.4	0.1	−0.0	0.5	0.3	0.2	0.2	−0.1	0.3	0.1	0.0	−0.1	−0.3
EPS, diluted $	−1.66	3.43	4.16	0.05	−3.04	−4.60	−0.34	4.37	−1.20	−0.54	3.85	6.44	6.79	5.34	3.99	1.45	3.31	4.32	4.27
Dividend / sh $	0.25	0.25	1.00	1.00	1.00	1.92	2.84	2.82	2.80	2.78	2.75	2.62	1.30	0.28	0.26	0.22	0.20	0.18	0.18
Payout %	−62	49	46	1545	−33	−53	−931	64	−238	−528	71	37	13	5	6	14	6	4	4
ROE %	−5.6	12.1	15.7	0.2	−10.5	−13.5	−0.8	11.3	−2.9	−1.2	8.6	15.1	17.8	16.4	14.3	5.7	14.3	20.4	·
Shares out B	0.10	0.10	0.10	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	0.11	·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Provenance

Company facts, as filed

How we verify · 0 failures in 74 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 12 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures

ActivityDrilling Oil & Gas Wells

Listed onNYSE

Incorporated inDelaware

Fiscal year endsSeptember 30

Data on record since2007