MARKETS / NYSE / Energy / Oil and gas / 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

▲ 35.9% YoY

Net income

$-163.7M

▼ 147.6% YoY

Free cash flow

$116.6M

▼ 38.5% YoY

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

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

1.5B3.0B-0.2B-0.4B

2007201020132016201920222025

Compound annual growth

Revenue

+22.1%

+16.1%

+1.7%

+4.7%

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 +16.1% a year over the five years to FY2025.

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%

10%20%30%-10%-20%-30%

200720162025

ROE

FY2025 · ROE -5.7%

10%20%-5%-10%

200720162025

Three returns, three denominators.

Return on equity-5.7%

Return on assets-2.6%

Return on capital employed0.1%

Gross margin33.0%

Operating margin0.1%

Net margin-4.3%

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

200M400M-150M-300M

200720162025

Net buybacks $M Dividends $M

FY2025 · Dividends 100.7 · Net buybacks ·

150M300MDividendsNet buybacks

2007201020132016201920222025

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×

Net debt stands at 66% of equity.

The 19-year record

19 fiscal years

Every figure from documents filed with the SEC · USD

row low → row highnegative—not applicable◌not available in our data

HP, 19-year financial record
Metric	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Revenue $B	3.7	2.8	2.9	2.1	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 %	−5.7	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	22.6	24.7
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. "—" not applicable · "◌" not available in our data.

Other companies filing in the same sector

XOM · SHEL · TTE · BP · CVX · MPC

Provenance

Company facts, as filed

How we verify · 0 failures in 74 reconciliationsAUDITED

Reconciled in 19 of the 19 fiscal years we could check. 10 checks were skipped: cost of revenue is not tagged before 2017. Two checks were skipped: the balance sheet is not tagged before 2008.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquidityCurrency consistency0 failures

ActivityDrilling Oil & Gas Wells

Listed onNYSE

Incorporated inDelaware

Fiscal year endsSeptember 30

Data on record since2007

Helmerich & Payne, Inc. HP

What this company does

Growth↗ Share

Profitability↗ Share

Cash & shareholders↗ Share

The 19-year record

Other companies filing in the same sector

Company facts, as filed

Growth

Profitability

Cash & shareholders