Helmerich & Payne (HP) Financials

$15.38 -0.08 (-0.52%)

Closing price 05/27/2025 03:59 PM Eastern

Extended Trading

$15.48 +0.10 (+0.68%)

As of 04:02 AM Eastern

Annual Income Statements for Helmerich & Payne

This table shows Helmerich & Payne's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	9/30/2024	9/30/2023	9/30/2022	9/30/2021	9/30/2020	9/30/2019	9/30/2018	9/30/2017	9/30/2016	9/30/2015
Net Income / (Loss) Attributable to Common Shareholders	344	434	6.95	-326	-494	-34	483	-128	-57	420
Consolidated Net Income / (Loss)	344	434	6.95	-326	-494	-34	483	-128	-57	420
Net Income / (Loss) Continuing Operations	344	434	6.95	-326	-496	-33	493	-128	-53	420
Total Pre-Tax Income	481	593	31	-430	-636	-51	16	-185	-73	662
Total Operating Income	452	562	45	-429	-620	21	33	-169	-26	672
Total Gross Profit	1,122	1,153	628	261	583	995	835	555	725	1,458
Total Revenue	2,757	2,872	2,059	1,219	1,774	2,798	2,487	1,805	1,624	3,162
Operating Revenue	2,757	2,872	2,059	1,219	1,774	2,798	2,487	1,805	1,624	3,162
Total Cost of Revenue	1,635	1,720	1,431	958	1,191	1,803	1,653	1,249	899	1,703
Operating Cost of Revenue	1,630	1,715	1,427	953	1,185	1,803	1,648	1,245	893	1,703
Other Cost of Revenue	4.48	4.48	4.64	5.14	5.78	-	5.05	4.58	6.06	-
Total Operating Expenses	670	591	582	689	1,204	975	802	725	751	786
Selling, General & Admin Expense	245	207	182	172	168	194	199	148	146	135
Research & Development Expense	41	30	27	22	22	27	18	12	10	16
Depreciation Expense	397	382	403	420	482	563	584	586	599	608
Other Operating Expenses / (Income)	-33	-48	-29	-12	-27	5.38	-	-	-	-
Impairment Charge	0.00	12	4.36	71	563	224	23	0.00	6.25	39
Restructuring Charge	15	0.00	0.84	5.93	16	0.00	0.00	-	-	-
Other Special Charges / (Income)	5.14	8.02	-5.43	11	-20	-40	-23	-21	-9.90	-12
Total Other Income / (Expense), net	29	31	-14	-1.32	-16	-72	-17	-16	-47	-10
Interest Expense	29	17	79	24	24	25	24	20	23	15
Interest & Investment Income	55	40	76	17	14	-45	8.02	5.92	-23	5.84
Other Income / (Expense), net	3.09	9.08	-11	5.65	-5.38	-1.60	-0.88	-1.68	-0.97	-0.90
Income Tax Expense	137	159	24	-104	-140	-19	-477	-57	-20	241
Basic Earnings per Share	$3.43	$4.18	$0.05	($3.04)	($4.60)	($0.34)	$4.39	($1.20)	($0.54)	$3.88
Weighted Average Basic Shares Outstanding	98.86M	102.45M	105.89M	107.82M	108.01M	109.22M	108.85M	108.50M	108.00M	107.75M
Diluted Earnings per Share	$3.43	$4.16	$0.05	($3.04)	($4.60)	($0.34)	$4.37	($1.20)	($0.54)	$3.85
Weighted Average Diluted Shares Outstanding	99.07M	102.85M	106.56M	107.82M	108.01M	109.22M	109.39M	108.50M	108.00M	108.57M
Weighted Average Basic & Diluted Shares Outstanding	98.76M	99.43M	105.39M	108.00M	107.60M	108.45M	109.90M	106.80M	105.20M	108.40M
Cash Dividends to Common per Share	$0.25	$1.00	$1.00	$1.00	$1.92	$2.84	$2.82	$2.80	$2.78	$2.75

This table shows Helmerich & Payne's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Net Income / (Loss) Attributable to Common Shareholders	55	75	89	85	95	78	95	164	97	46	18
Consolidated Net Income / (Loss)	55	75	89	85	95	78	95	164	97	46	18
Net Income / (Loss) Continuing Operations	55	75	89	85	95	78	95	164	97	45	17
Total Pre-Tax Income	76	116	122	117	125	113	136	215	130	73	19
Total Operating Income	90	107	111	111	123	94	149	175	144	77	34
Total Gross Profit	264	285	280	285	273	250	294	319	290	219	173
Total Revenue	677	694	698	688	677	660	724	769	720	631	550
Operating Revenue	677	694	698	688	677	660	724	769	720	631	550
Total Cost of Revenue	413	409	418	403	404	410	430	450	429	412	377
Operating Cost of Revenue	412	408	417	402	403	409	429	449	428	411	376
Other Cost of Revenue	1.16	1.18	1.14	1.03	1.14	1.16	1.00	1.19	1.13	1.22	1.05
Total Operating Expenses	174	178	168	174	149	156	145	144	146	142	139
Selling, General & Admin Expense	63	59	67	62	57	56	49	53	48	47	45
Research & Development Expense	9.36	8.86	11	13	8.61	7.33	7.09	8.70	6.93	7.14	6.51
Depreciation Expense	99	101	98	105	94	95	95	96	97	99	101
Other Operating Expenses / (Income)	-9.40	-8.62	-9.73	-7.46	-7.49	-10	-11	-12	-16	-7.85	-9.90
Restructuring Charge	11	-	-	-	0.00	-	-	-	-	-	0.03
Other Special Charges / (Income)	1.67	2.42	2.73	2.43	-2.44	8.41	4.50	-2.52	-2.38	-2.67	-3.08
Total Other Income / (Expense), net	-14	9.81	11	6.45	1.79	19	-13	40	-15	-3.83	-15
Interest Expense	22	16	4.34	4.26	4.37	4.37	4.32	4.24	4.36	4.33	4.37
Interest & Investment Income	8.37	26	12	10	6.70	13	-7.79	45	-10	9.04	-9.00
Other Income / (Expense), net	0.36	0.10	3.13	0.40	-0.54	10	-0.67	-0.60	0.06	-8.55	-1.15
Income Tax Expense	22	41	34	32	30	35	41	51	32	28	1.73
Basic Earnings per Share	$0.55	$0.74	$0.89	$0.85	$0.95	$0.78	$0.93	$1.55	$0.92	$0.42	$0.16
Weighted Average Basic Shares Outstanding	98.87M	98.86M	98.75M	98.77M	99.14M	102.45M	101.16M	103.97M	105.25M	105.89M	105.29M
Diluted Earnings per Share	$0.54	$0.77	$0.88	$0.84	$0.94	$0.77	$0.93	$1.55	$0.91	$0.42	$0.16
Weighted Average Diluted Shares Outstanding	99.16M	99.07M	99.01M	99.05M	99.63M	102.85M	101.55M	104.36M	106.10M	106.56M	106.02M
Weighted Average Basic & Diluted Shares Outstanding	99.38M	98.76M	98.76M	98.72M	98.83M	99.43M	99.43M	102.58M	104.49M	105.39M	105.29M
Cash Dividends to Common per Share	$0.25	-	$0.25	$0.25	$0.17	-	$0.25	$0.25	$0.25	-	$0.25

This table details how cash moves in and out of Helmerich & Payne's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	9/30/2024	9/30/2023	9/30/2022	9/30/2021	9/30/2020	9/30/2019	9/30/2018	9/30/2017	9/30/2016	9/30/2015
Net Change in Cash & Equivalents	1,212	47	-668	400	154	57	-234	-375	176	369
Net Cash From Operating Activities	685	834	234	136	539	856	558	371	755	1,429
Net Cash From Continuing Operating Activities	685	834	234	136	539	856	558	371	754	1,429
Net Income / (Loss) Continuing Operations	344	434	6.95	-326	-496	-33	493	-128	-53	420
Consolidated Net Income / (Loss)	344	434	6.95	-326	-494	-34	483	-128	-57	420
Depreciation Expense	397	382	403	420	482	563	584	586	599	608
Amortization Expense	11	1.08	1.20	1.42	1.82	1.73	1.07	1.06	1.17	0.75
Non-Cash Adjustments To Reconcile Net Income	-5.79	2.08	6.81	94	546	280	42	9.76	50	61
Changes in Operating Assets and Liabilities, net	-62	14	-184	-52	5.29	44	-562	-97	158	338
Net Cash From Investing Activities	-459	-323	-167	-162	-88	-423	-472	-445	-234	-1,154
Net Cash From Continuing Investing Activities	-459	-323	-167	-162	-88	-423	-472	-445	-234	-1,154
Purchase of Property, Plant & Equipment	-495	-395	-273	-82	-141	-458	-467	-398	-257	-1,131
Purchase of Investments	-210	-202	-216	-418	-135	-98	-71	-70	-57	-46
Sale of Property, Plant & Equipment	46	70	62	130	78	51	44	23	22	23
Sale and/or Maturity of Investments	204	195	267	208	95	99	69	69	58	0.00
Other Investing Activities, net	-4.47	9.22	-7.50	0.00	0.00	0.00	0.00	-	-	-
Net Cash From Financing Activities	987	-464	-734	426	-297	-376	-320	-301	-344	95
Net Cash From Continuing Financing Activities	987	-464	-734	426	-297	-376	-320	-301	-344	95
Repayment of Debt	-23	-0.54	-488	-4.65	-0.45	-17	0.00	0.00	-41	-46
Repurchase of Common Equity	-51	-247	-77	0.00	-29	-43	0.00	0.00	-	-60
Payment of Dividends	-168	-201	-107	-109	-260	-313	-308	-306	-300	-298
Issuance of Debt	1,248	0.00	0.00	549	0.00	0.00	-	-	-	498
Other Financing Activities, net	-18	-15	-62	-9.41	-7.93	-3.37	-11	4.69	-2.87	1.28
Cash Interest Paid	16	17	19	27	23	27	21	23	28	-
Cash Income Taxes Paid	181	199	18	1.46	47	16	-38	-23	-24	-

This table details how cash moves in and out of Helmerich & Payne's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Net Change in Cash & Equivalents	178	1,247	20	-17	-37	34	69	-59	2.65	46	-6.79
Net Cash From Operating Activities	158	169	197	144	175	215	293	141	185	117	98
Net Cash From Continuing Operating Activities	158	169	197	144	175	215	293	141	185	117	98
Net Income / (Loss) Continuing Operations	55	75	89	85	95	78	95	164	97	45	17
Consolidated Net Income / (Loss)	55	75	89	85	95	78	95	164	97	46	18
Depreciation Expense	99	101	98	105	94	95	95	96	97	99	101
Amortization Expense	2.39	-	-	-	0.15	-	-	-	-	0.32	0.32
Non-Cash Adjustments To Reconcile Net Income	12	-10	1.36	0.92	2.07	4.43	22	-52	28	2.93	10
Changes in Operating Assets and Liabilities, net	-9.99	-7.98	9.53	-47	-17	37	81	-67	-36	-31	-31
Net Cash From Investing Activities	53	-105	-130	-111	-113	-132	-72	-37	-82	-44	-78
Net Cash From Continuing Investing Activities	53	-105	-130	-111	-113	-132	-72	-37	-82	-44	-78
Purchase of Property, Plant & Equipment	-106	-106	-134	-118	-136	-114	-100	-85	-96	-79	-78
Purchase of Investments	-97	-52	-75	-36	-47	-81	-38	-25	-58	-60	-74
Sale of Property, Plant & Equipment	12	11	14	8.97	12	7.04	15	17	31	12	15
Sale and/or Maturity of Investments	243	52	65	29	58	47	51	57	41	83	66
Other Investing Activities, net	0.70	-10	0.55	-	0.00	9.22	-	-	-	-	-
Net Cash From Financing Activities	-33	1,183	-48	-49	-99	-49	-152	-163	-101	-27	-27
Net Cash From Continuing Financing Activities	-33	1,183	-48	-49	-99	-49	-152	-163	-101	-27	-27
Repayment of Debt	-1.22	-23	0.25	-	0.00	-	0.25	-	-	-	-
Repurchase of Common Equity	0.00	-	-	-3.94	-47	-	-102	-106	-39	-	-
Payment of Dividends	-25	-42	-42	-42	-42	-49	-50	-51	-52	-27	-27
Other Financing Activities, net	-6.91	-0.00	-6.25	-3.11	-9.07	-	-0.25	-4.68	-9.73	0.01	-0.01
Cash Interest Paid	0.00	7.80	0.10	7.12	0.93	8.14	0.04	8.00	0.92	8.02	0.09
Cash Income Taxes Paid	4.28	42	58	75	5.96	43	38	114	3.74	14	2.76

This table presents Helmerich & Payne's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	9/30/2024	9/30/2023	9/30/2022	9/30/2021	9/30/2020	9/30/2019	9/30/2018	9/30/2017	9/30/2016	9/30/2015
Total Assets	5,782	4,382	4,356	5,034	4,830	5,840	6,215	6,440	6,832	7,147
Total Current Assets	1,192	1,007	1,003	1,587	963	1,115	1,116	1,235	1,573	1,439
Cash & Equivalents	217	257	232	918	488	348	284	521	906	729
Restricted Cash	69	59	36	18	-	-	-	-	-	-
Short-Term Investments	293	94	117	199	89	53	41	44	44	46
Accounts Receivable	419	404	459	229	193	496	565	477	375	446
Inventories, net	118	94	88	84	104	150	158	137	124	129
Prepaid Expenses	76	98	66	68	89	69	66	55	78	64
Plant, Property, & Equipment, net	3,016	2,922	2,961	3,127	3,646	4,502	4,857	5,001	5,145	5,563
Total Noncurrent Assets	1,574	454	392	320	220	222	242	204	115	145
Long-Term Investments	101	265	219	135	32	32	99	84	85	104
Goodwill	46	46	46	46	46	83	65	52	4.72	-
Intangible Assets	54	61	67	74	81	87	73	51	0.92	-
Other Noncurrent Operating Assets	1,373	82	60	65	62	21	5.26	17	24	41
Total Liabilities & Shareholders' Equity	5,782	4,382	4,356	5,034	4,830	5,840	6,215	6,440	6,832	7,147
Total Liabilities	2,865	1,610	1,590	2,122	1,511	1,827	1,832	2,271	2,271	2,251
Total Current Liabilities	447	419	395	866	219	410	377	344	330	348
Accounts Payable	135	131	127	72	36	45	133	136	95	108
Accrued Expenses	287	263	241	283	155	287	245	209	235	198
Dividends Payable	25	25	27	27	27	78	-	-	-	-
Total Noncurrent Liabilities	2,418	1,191	1,195	1,255	1,292	1,417	1,455	1,927	1,941	1,903
Long-Term Debt	1,782	545	543	542	481	479	494	493	492	492
Noncurrent Deferred & Payable Income Tax Liabilities	495	518	538	563	651	807	853	1,333	1,342	1,296
Other Noncurrent Operating Liabilities	140	128	115	148	147	116	94	101	103	110
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-	-
Total Equity & Noncontrolling Interests	2,917	2,772	2,765	2,913	3,319	4,012	4,383	4,165	4,561	4,896
Total Preferred & Common Equity	2,917	2,772	2,765	2,913	3,319	4,012	4,383	4,165	4,561	4,896
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,917	2,772	2,765	2,913	3,319	4,012	4,383	4,165	4,561	4,896
Common Stock	529	537	540	541	533	522	512	498	460	431
Retained Earnings	2,884	2,708	2,474	2,573	3,010	3,714	4,028	3,856	4,290	4,648
Treasury Stock	-489	-464	-236	-182	-198	-195	-173	-192	-188	-182
Accumulated Other Comprehensive Income / (Loss)	-6.35	-7.98	-12	-20	-26	-29	17	2.30	-0.20	-1.38

This table presents Helmerich & Payne's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q1 2025	Q3 2024	Q2 2024	Q1 2024	Q3 2023	Q2 2023	Q1 2023	Q3 2022
Period end date	12/31/2024	6/30/2024	3/31/2024	12/31/2023	6/30/2023	3/31/2023	12/31/2022	6/30/2022
Total Assets	5,817	4,485	4,425	4,421	4,341	4,366	4,412	4,323
Total Current Assets	1,225	970	949	989	993	1,004	1,079	946
Cash & Equivalents	391	204	194	214	221	160	229	189
Restricted Cash	73	78	69	65	61	53	42	-
Short-Term Investments	135	86	83	84	73	85	118	144
Accounts Receivable	427	415	432	436	450	526	513	398
Inventories, net	127	115	107	101	101	99	91	86
Prepaid Expenses	71	72	64	88	86	80	84	104
Plant, Property, & Equipment, net	3,009	3,014	2,994	2,970	2,933	2,931	2,942	2,987
Total Noncurrent Assets	1,582	500	482	462	415	430	391	389
Long-Term Investments	102	292	274	263	246	262	221	214
Goodwill	46	46	46	46	46	46	46	46
Intangible Assets	53	56	57	59	62	64	65	69
Other Noncurrent Operating Assets	1,383	107	105	94	62	59	59	61
Total Liabilities & Shareholders' Equity	5,817	4,485	4,425	4,421	4,341	4,366	4,412	4,323
Total Liabilities	2,870	1,628	1,622	1,662	1,633	1,610	1,667	1,590
Total Current Liabilities	436	457	439	469	433	414	470	401
Accounts Payable	149	159	158	157	152	160	146	120
Accrued Expenses	262	256	238	270	233	203	272	255
Dividends Payable	25	42	42	42	49	50	52	27
Total Noncurrent Liabilities	2,434	1,171	1,183	1,193	1,199	1,196	1,197	1,189
Long-Term Debt	1,782	546	545	545	545	543	543	542
Noncurrent Deferred & Payable Income Tax Liabilities	486	494	502	510	541	540	537	528
Other Noncurrent Operating Liabilities	167	131	135	137	113	113	116	117
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Equity & Noncontrolling Interests	2,947	2,857	2,803	2,760	2,708	2,756	2,745	2,733
Total Preferred & Common Equity	2,947	2,857	2,803	2,760	2,708	2,756	2,745	2,733
Preferred Stock	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Total Common Equity	2,947	2,857	2,803	2,760	2,708	2,756	2,745	2,733
Common Stock	513	522	514	518	528	520	524	533
Retained Earnings	2,913	2,833	2,786	2,744	2,655	2,608	2,494	2,455
Treasury Stock	-473	-489	-490	-494	-464	-361	-261	-236
Accumulated Other Comprehensive Income / (Loss)	-5.99	-8.50	-7.71	-7.85	-11	-12	-12	-19

This table displays calculated financial ratios and metrics derived from Helmerich & Payne's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	9/30/2024	9/30/2023	9/30/2022	9/30/2021	9/30/2020	9/30/2019	9/30/2018	9/30/2017	9/30/2016	9/30/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.03%	39.51%	68.96%	-31.31%	-36.61%	12.51%	37.82%	11.11%	-48.63%	-14.92%
EBITDA Growth	-9.58%	117.42%	25,211.44%	98.77%	-124.31%	-5.42%	48.37%	-27.41%	-55.24%	-18.82%
EBIT Growth	-20.31%	1,551.25%	108.18%	32.40%	-3,394.91%	-40.83%	118.79%	-534.09%	-104.01%	-36.24%
NOPAT Growth	-21.34%	3,988.11%	103.35%	30.90%	-3,113.25%	-98.60%	966.77%	-551.19%	-104.26%	-37.21%
Net Income Growth	-20.72%	6,143.35%	102.13%	34.04%	-1,369.27%	-106.97%	476.46%	-125.61%	-113.52%	-40.50%
EPS Growth	-17.55%	8,220.00%	101.64%	33.91%	-1,252.94%	-107.78%	464.17%	-122.22%	-114.03%	-40.22%
Operating Cash Flow Growth	-17.87%	256.41%	71.44%	-74.68%	-37.03%	53.40%	50.28%	-50.80%	-47.18%	26.53%
Free Cash Flow Firm Growth	-322.38%	2,174.53%	-109.78%	-51.98%	47.88%	-42.38%	628.88%	-121.26%	102.09%	38.12%
Invested Capital Growth	51.63%	-2.30%	1.22%	-16.52%	-22.18%	-7.04%	11.34%	-0.26%	-11.57%	4.01%
Revenue Q/Q Growth	1.26%	0.99%	16.23%	12.51%	-19.90%	-1.68%	7.08%	12.50%	-12.03%	-11.91%
EBITDA Q/Q Growth	2.32%	3.51%	53.83%	-110.18%	-15,593.47%	0.03%	8.27%	12.12%	-10.53%	-17.02%
EBIT Q/Q Growth	0.58%	6.68%	128.34%	-2.73%	-22.66%	414.94%	272.23%	28.28%	-163.83%	-29.96%
NOPAT Q/Q Growth	1.51%	3.90%	111.17%	-5.31%	-22.63%	256.46%	8,488.27%	28.31%	-31.34%	-30.94%
Net Income Q/Q Growth	-0.62%	7.98%	105.91%	-6.60%	-25.39%	53.50%	5.46%	28.18%	-390.36%	-31.59%
EPS Q/Q Growth	0.00%	9.19%	104.55%	-5.92%	-25.00%	50.00%	5.56%	28.14%	-390.91%	-31.37%
Operating Cash Flow Q/Q Growth	-6.29%	13.23%	43.28%	-25.22%	-16.14%	1.18%	11.04%	-2.16%	-15.45%	-3.65%
Free Cash Flow Firm Q/Q Growth	-547.14%	5.06%	-129.59%	21.35%	16.65%	-2.89%	223.24%	-170.06%	8.76%	78.62%
Invested Capital Q/Q Growth	45.27%	-1.25%	-0.96%	-7.75%	-5.01%	-0.50%	-0.91%	-1.10%	-3.81%	-2.45%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	40.70%	40.14%	30.49%	21.40%	32.89%	35.57%	33.56%	30.78%	44.66%	46.12%
EBITDA Margin	31.30%	33.23%	21.32%	-0.14%	-8.00%	20.85%	24.80%	23.04%	35.27%	40.48%
Operating Margin	16.39%	19.56%	2.20%	-35.17%	-34.96%	0.74%	1.33%	-9.37%	-1.60%	21.25%
EBIT Margin	16.51%	19.88%	1.68%	-34.70%	-35.26%	0.68%	1.29%	-9.46%	-1.66%	21.22%
Profit (Net Income) Margin	12.49%	15.11%	0.34%	-26.77%	-27.88%	-1.20%	19.41%	-7.10%	-3.50%	13.30%
Tax Burden Percent	71.55%	73.16%	22.20%	75.87%	77.69%	65.71%	3,046.98%	69.45%	78.20%	63.52%
Interest Burden Percent	105.72%	103.92%	90.57%	101.65%	101.75%	-269.79%	49.37%	108.10%	269.83%	98.63%
Effective Tax Rate	28.45%	26.84%	77.80%	0.00%	0.00%	0.00%	-3,012.24%	0.00%	0.00%	36.47%
Return on Invested Capital (ROIC)	9.63%	15.23%	0.37%	-10.12%	-11.76%	0.33%	24.20%	-2.95%	-0.42%	9.57%
ROIC Less NNEP Spread (ROIC-NNEP)	13.71%	-17.77%	2.85%	7.17%	-243.47%	-42.72%	1,592.74%	-0.10%	8.29%	11.06%
Return on Net Nonoperating Assets (RNNOA)	2.46%	0.45%	-0.13%	-0.35%	-1.73%	-1.14%	-12.91%	0.01%	-0.78%	-0.98%
Return on Equity (ROE)	12.10%	15.68%	0.24%	-10.47%	-13.49%	-0.80%	11.29%	-2.94%	-1.20%	8.59%
Cash Return on Invested Capital (CROIC)	-31.40%	17.56%	-0.84%	7.88%	13.18%	7.64%	13.47%	-2.69%	11.85%	5.64%
Operating Return on Assets (OROA)	8.95%	13.07%	0.74%	-8.57%	-11.73%	0.32%	0.51%	-2.57%	-0.39%	9.68%
Return on Assets (ROA)	6.77%	9.94%	0.15%	-6.61%	-9.27%	-0.56%	7.63%	-1.93%	-0.81%	6.06%
Return on Common Equity (ROCE)	12.10%	15.68%	0.24%	-10.47%	-13.49%	-0.80%	11.29%	-2.94%	-1.20%	8.59%
Return on Equity Simple (ROE_SIMPLE)	11.80%	15.66%	0.25%	-11.20%	-14.90%	-0.84%	11.01%	-3.08%	-1.25%	8.59%
Net Operating Profit after Tax (NOPAT)	323	411	10	-300	-434	14	1,026	-118	-18	427
NOPAT Margin	11.73%	14.31%	0.49%	-24.62%	-24.47%	0.51%	41.25%	-6.56%	-1.12%	13.50%
Net Nonoperating Expense Percent (NNEP)	-4.07%	33.00%	-2.48%	-17.29%	231.71%	43.05%	-1,568.54%	-2.85%	-8.72%	-1.49%
Cost of Revenue to Revenue	59.30%	59.87%	69.51%	78.60%	67.11%	64.43%	66.44%	69.22%	55.34%	53.88%
SG&A Expenses to Revenue	8.88%	7.19%	8.86%	14.13%	9.44%	6.95%	8.01%	8.18%	9.00%	4.26%
R&D to Revenue	1.49%	1.05%	1.29%	1.78%	1.22%	0.98%	0.73%	0.67%	0.63%	0.51%
Operating Expenses to Revenue	24.31%	20.57%	28.29%	56.57%	67.85%	34.83%	32.23%	40.14%	46.26%	24.87%
Earnings before Interest and Taxes (EBIT)	455	571	35	-423	-626	19	32	-171	-27	671
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	863	954	439	-1.75	-142	584	617	416	573	1,280
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.03	1.44	1.28	0.90	0.40	0.85	1.26	0.96	1.07	0.66
Price to Tangible Book Value (P/TBV)	1.07	1.50	1.34	0.94	0.42	0.88	1.30	0.98	1.07	0.66
Price to Revenue (P/Rev)	1.09	1.39	1.72	2.15	0.75	1.21	2.21	2.21	3.00	1.03
Price to Earnings (P/E)	8.73	9.23	510.12	0.00	0.00	0.00	11.41	0.00	0.00	7.73
Dividend Yield	4.14%	2.48%	2.97%	4.12%	19.14%	9.16%	5.56%	7.64%	6.13%	9.12%
Earnings Yield	11.46%	10.84%	0.20%	0.00%	0.00%	0.00%	8.76%	0.00%	0.00%	12.94%
Enterprise Value to Invested Capital (EV/IC)	1.02	1.45	1.28	0.88	0.37	0.83	1.25	0.95	1.08	0.64
Enterprise Value to Revenue (EV/Rev)	1.49	1.35	1.69	1.95	0.68	1.23	2.24	2.12	2.67	0.92
Enterprise Value to EBITDA (EV/EBITDA)	4.76	4.06	7.94	0.00	0.00	5.90	9.04	9.19	7.56	2.27
Enterprise Value to EBIT (EV/EBIT)	9.03	6.79	100.79	0.00	0.00	181.25	173.78	0.00	0.00	4.32
Enterprise Value to NOPAT (EV/NOPAT)	12.70	9.43	346.59	0.00	0.00	238.85	5.44	0.00	0.00	6.79
Enterprise Value to Operating Cash Flow (EV/OCF)	6.00	4.65	14.90	17.39	2.24	4.02	10.00	10.30	5.74	2.03
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	8.18	0.00	10.15	2.48	10.46	9.76	0.00	8.52	11.54
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.61	0.20	0.20	0.35	0.14	0.12	0.11	0.12	0.11	0.11
Long-Term Debt to Equity	0.61	0.20	0.20	0.19	0.14	0.12	0.11	0.12	0.11	0.10
Financial Leverage	0.18	-0.03	-0.04	-0.05	0.01	0.03	-0.01	-0.08	-0.09	-0.09
Leverage Ratio	1.79	1.58	1.65	1.58	1.46	1.44	1.48	1.52	1.48	1.42
Compound Leverage Factor	1.89	1.64	1.50	1.61	1.48	-3.87	0.73	1.64	3.99	1.40
Debt to Total Capital	37.92%	16.43%	16.40%	26.04%	12.65%	10.67%	10.13%	10.58%	9.73%	9.79%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	12.28%	0.00%	0.00%	0.00%	0.00%	0.00%	0.72%
Long-Term Debt to Total Capital	37.92%	16.43%	16.40%	13.76%	12.65%	10.67%	10.13%	10.58%	9.73%	9.07%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	62.08%	83.57%	83.60%	73.96%	87.35%	89.33%	89.87%	89.42%	90.27%	90.21%
Debt to EBITDA	2.07	0.57	1.24	-586.66	-3.39	0.82	0.80	1.19	0.86	0.42
Net Debt to EBITDA	1.28	-0.14	-0.14	139.90	0.90	0.08	0.11	-0.38	-0.95	-0.27
Long-Term Debt to EBITDA	2.07	0.57	1.24	-310.07	-3.39	0.82	0.80	1.19	0.86	0.38
Debt to NOPAT	5.51	1.33	53.96	-3.42	-1.11	33.27	0.48	-4.16	-27.06	1.25
Net Debt to NOPAT	3.41	-0.32	-6.15	0.82	0.30	3.22	0.07	1.33	29.86	-0.81
Long-Term Debt to NOPAT	5.51	1.33	53.96	-1.81	-1.11	33.27	0.48	-4.16	-27.06	1.15
Altman Z-Score	2.22	3.60	2.80	1.59	1.53	2.64	3.27	2.25	2.61	2.71
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.67	2.40	2.54	1.83	4.40	2.72	2.96	3.59	4.76	4.13
Quick Ratio	2.08	1.80	2.05	1.55	3.51	2.19	2.36	3.03	4.01	3.51
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,054	474	-23	234	487	329	571	-108	508	251
Operating Cash Flow to CapEx	152.60%	256.22%	111.26%	0.00%	863.65%	209.96%	132.13%	99.21%	320.64%	128.84%
Free Cash Flow to Firm to Interest Expense	-36.22	27.42	-0.29	9.75	19.88	13.06	23.54	-5.47	22.17	16.73
Operating Cash Flow to Interest Expense	23.53	48.24	2.95	5.70	22.02	33.97	22.99	18.80	32.93	95.09
Operating Cash Flow Less CapEx to Interest Expense	8.11	29.41	0.30	7.69	19.47	17.79	5.59	-0.15	22.66	21.29
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.54	0.66	0.44	0.25	0.33	0.46	0.39	0.27	0.23	0.46
Accounts Receivable Turnover	6.70	6.66	5.99	5.78	5.16	5.28	4.77	4.24	3.96	5.49
Inventory Turnover	15.41	18.88	16.64	10.18	9.38	11.72	11.19	9.55	7.11	14.51
Fixed Asset Turnover	0.93	0.98	0.68	0.36	0.44	0.60	0.50	0.36	0.30	0.59
Accounts Payable Turnover	12.29	13.34	14.39	17.66	29.09	20.26	12.32	10.81	8.83	11.74
Days Sales Outstanding (DSO)	54.47	54.82	60.95	63.13	70.80	69.18	76.48	86.18	92.26	66.45
Days Inventory Outstanding (DIO)	23.68	19.34	21.93	35.87	38.91	31.15	32.61	38.20	51.34	25.15
Days Payable Outstanding (DPO)	29.69	27.36	25.37	20.67	12.55	18.02	29.63	33.75	41.34	31.09
Cash Conversion Cycle (CCC)	48.46	46.80	57.51	78.33	97.17	82.31	79.46	90.63	102.27	60.51
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,045	2,667	2,730	2,697	3,231	4,152	4,466	4,012	4,022	4,548
Invested Capital Turnover	0.82	1.06	0.76	0.41	0.48	0.65	0.59	0.45	0.38	0.71
Increase / (Decrease) in Invested Capital	1,377	-63	33	-534	-921	-315	455	-10	-526	176
Enterprise Value (EV)	4,107	3,876	3,485	2,372	1,208	3,441	5,576	3,823	4,329	2,900
Market Capitalization	3,004	4,005	3,547	2,617	1,337	3,395	5,507	3,980	4,872	3,248
Book Value per Share	$29.54	$27.88	$26.27	$26.99	$30.88	$36.66	$40.23	$38.35	$42.20	$45.44
Tangible Book Value per Share	$28.53	$26.81	$25.19	$25.89	$29.70	$35.11	$38.96	$37.41	$42.15	$45.44
Total Capital	4,699	3,317	3,308	3,938	3,799	4,492	4,877	4,657	5,053	5,427
Total Debt	1,782	545	543	1,025	481	479	494	493	492	532
Total Long-Term Debt	1,782	545	543	542	481	479	494	493	492	492
Net Debt	1,102	-130	-62	-245	-128	46	69	-157	-543	-348
Capital Expenditures (CapEx)	449	325	210	-48	62	408	422	374	235	1,109
Debt-free, Cash-free Net Working Capital (DFCFNWC)	166	178	223	69	167	304	413	325	293	355
Debt-free Net Working Capital (DFNWC)	745	588	608	1,204	744	705	738	891	1,243	1,130
Net Working Capital (NWC)	745	588	608	720	744	705	738	891	1,243	1,091
Net Nonoperating Expense (NNE)	-21	-23	3.10	26	60	48	543	9.85	39	6.45
Net Nonoperating Obligations (NNO)	1,127	-104	-35	-215	-87	140	84	-153	-539	-348
Total Depreciation and Amortization (D&A)	408	383	404	421	484	565	585	587	600	609
Debt-free, Cash-free Net Working Capital to Revenue	6.02%	6.19%	10.81%	5.68%	9.41%	10.86%	16.59%	18.01%	18.03%	11.23%
Debt-free Net Working Capital to Revenue	27.03%	20.46%	29.54%	98.78%	41.95%	25.19%	29.69%	49.36%	76.50%	35.74%
Net Working Capital to Revenue	27.03%	20.46%	29.54%	59.11%	41.95%	25.19%	29.69%	49.36%	76.50%	34.51%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.43	$4.18	$0.05	($3.04)	($4.60)	($0.34)	$4.39	($1.20)	($0.54)	$3.90
Adjusted Weighted Average Basic Shares Outstanding	98.86M	102.45M	105.89M	107.82M	108.01M	109.22M	108.85M	108.50M	108.00M	107.75M
Adjusted Diluted Earnings per Share	$3.43	$4.16	$0.05	($3.04)	($4.60)	($0.34)	$4.37	($1.20)	($0.54)	$3.87
Adjusted Weighted Average Diluted Shares Outstanding	99.07M	102.85M	106.56M	107.82M	108.01M	109.22M	109.39M	108.50M	108.00M	108.57M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	98.76M	99.43M	105.39M	108.00M	107.60M	108.45M	109.04M	108.61M	108.18M	107.79M
Normalized Net Operating Profit after Tax (NOPAT)	338	426	32	-238	-43	144	23	-133	-21	444
Normalized NOPAT Margin	12.25%	14.82%	1.53%	-19.56%	-2.40%	5.13%	0.94%	-7.36%	-1.28%	14.05%
Pre Tax Income Margin	17.45%	20.66%	1.52%	-35.28%	-35.88%	-1.83%	0.64%	-10.23%	-4.47%	20.93%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	15.64	33.04	0.44	-17.65	-25.56	0.75	1.32	-8.65	-1.18	44.67
NOPAT to Interest Expense	11.11	23.78	0.13	-12.52	-17.74	0.57	42.28	-5.99	-0.79	28.42
EBIT Less CapEx to Interest Expense	0.22	14.21	-2.22	-15.65	-28.11	-15.43	-16.08	-27.60	-11.45	-29.14
NOPAT Less CapEx to Interest Expense	-4.31	4.96	-2.52	-10.52	-20.29	-15.61	24.88	-24.94	-11.06	-45.39
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	48.95%	46.41%	1,544.59%	-33.46%	-52.65%	-931.25%	63.90%	-238.29%	-528.18%	70.97%
Augmented Payout Ratio	63.85%	103.36%	2,652.01%	-33.46%	-58.41%	-1,058.36%	63.90%	-238.29%	-528.18%	85.16%

This table displays calculated financial ratios and metrics derived from Helmerich & Payne's official financial filings.

Metric	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022
Period end date	12/31/2024	9/30/2024	6/30/2024	3/31/2024	12/31/2023	9/30/2023	6/30/2023	3/31/2023	12/31/2022	9/30/2022	6/30/2022
Growth Metrics	-	-	-	-	-	-	-	-	-	-	-
Revenue Growth	0.02%	5.18%	-3.62%	-10.57%	-5.90%	4.48%	31.57%	64.51%	75.61%	83.63%	65.63%
EBITDA Growth	-11.63%	4.55%	-12.61%	-20.43%	-9.91%	18.49%	81.75%	237.88%	318.85%	1,095.02%	409.48%
EBIT Growth	-26.51%	2.53%	-22.71%	-36.44%	-14.80%	52.41%	354.57%	856.08%	434.35%	177.24%	141.58%
NOPAT Growth	-31.26%	7.09%	-22.63%	-39.99%	-13.26%	34.97%	239.77%	943.69%	462.60%	170.40%	156.66%
Net Income Growth	-42.45%	-2.76%	-6.93%	-48.29%	-2.03%	70.45%	436.80%	3,396.62%	289.14%	157.53%	131.95%
EPS Growth	-42.55%	0.00%	-5.38%	-45.81%	3.30%	83.33%	481.25%	3,200.00%	289.58%	157.53%	130.77%
Operating Cash Flow Growth	-9.41%	-21.39%	-32.57%	2.02%	-5.71%	83.06%	199.50%	522.97%	5,085.88%	151.55%	215.11%
Free Cash Flow Firm Growth	-1,329.50%	-1,127.02%	-101.37%	23.06%	12.64%	753.53%	-19.28%	-67.76%	-79.15%	-96.80%	-53.25%
Invested Capital Growth	48.97%	51.63%	3.07%	-0.66%	-0.34%	-2.30%	-2.01%	1.95%	0.61%	1.22%	-5.72%
Revenue Q/Q Growth	-2.38%	-0.56%	1.42%	1.59%	2.66%	-8.89%	-5.88%	6.89%	13.99%	14.74%	17.67%
EBITDA Q/Q Growth	-7.62%	-2.18%	-1.51%	-0.65%	9.29%	-18.23%	-10.33%	12.42%	43.74%	25.43%	66.70%
EBIT Q/Q Growth	-15.29%	-6.81%	3.13%	-9.72%	18.18%	-29.75%	-15.20%	21.01%	111.40%	109.52%	241.06%
NOPAT Q/Q Growth	-6.68%	-14.31%	0.63%	-14.56%	45.36%	-38.09%	-21.95%	23.50%	126.17%	55.84%	293.81%
Net Income Q/Q Growth	-27.43%	-14.89%	4.54%	-10.87%	22.61%	-18.54%	-41.91%	68.86%	113.32%	156.53%	456.75%
EPS Q/Q Growth	-29.87%	-12.50%	4.76%	-10.64%	22.08%	-17.20%	-40.00%	70.33%	116.67%	162.50%	420.00%
Operating Cash Flow Q/Q Growth	-6.16%	-14.51%	37.34%	-17.78%	-18.58%	-26.67%	107.80%	-24.00%	58.07%	19.98%	332.23%
Free Cash Flow Firm Q/Q Growth	3.09%	-59,731.12%	-102.22%	-4.36%	-19.05%	-20.25%	99.30%	-12.46%	513.44%	-92.46%	-20.39%
Invested Capital Q/Q Growth	0.19%	45.27%	0.49%	1.85%	1.97%	-1.25%	-3.14%	2.18%	-0.03%	-0.96%	0.78%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-	-
Gross Margin	39.02%	41.02%	40.07%	41.44%	40.27%	37.88%	40.58%	41.46%	40.33%	34.71%	31.44%
EBITDA Margin	28.32%	29.93%	30.42%	31.33%	32.06%	30.11%	33.55%	35.21%	33.48%	26.55%	24.29%
Operating Margin	13.29%	15.36%	15.95%	16.07%	18.23%	14.21%	20.55%	22.78%	20.04%	12.16%	6.13%
EBIT Margin	13.34%	15.37%	16.40%	16.13%	18.15%	15.77%	20.45%	22.70%	20.05%	10.81%	5.92%
Profit (Net Income) Margin	8.09%	10.88%	12.71%	12.33%	14.06%	11.77%	13.16%	21.33%	13.50%	7.21%	3.23%
Tax Burden Percent	71.67%	64.87%	72.46%	72.49%	75.98%	68.87%	70.09%	76.24%	74.99%	62.41%	92.43%
Interest Burden Percent	84.59%	109.10%	106.94%	105.45%	101.89%	108.36%	91.82%	123.23%	89.78%	106.91%	58.96%
Effective Tax Rate	28.33%	35.13%	27.54%	27.51%	24.02%	31.13%	29.91%	23.76%	25.01%	37.73%	9.01%
Return on Invested Capital (ROIC)	7.75%	8.18%	11.47%	11.52%	14.39%	10.41%	15.01%	16.79%	13.08%	5.75%	3.48%
ROIC Less NNEP Spread (ROIC-NNEP)	5.93%	9.43%	-8.73%	1,431.17%	9.48%	-8.33%	-88.44%	194.27%	40.77%	7.57%	46.67%
Return on Net Nonoperating Assets (RNNOA)	1.11%	1.70%	0.12%	0.17%	-0.10%	0.21%	-0.28%	1.21%	-0.59%	-0.33%	-0.49%
Return on Equity (ROE)	8.86%	9.88%	11.60%	11.69%	14.29%	10.62%	14.73%	18.00%	12.50%	5.41%	2.99%
Cash Return on Invested Capital (CROIC)	-30.66%	-31.40%	8.59%	12.99%	14.91%	17.56%	16.53%	9.61%	5.42%	-0.84%	2.72%
Operating Return on Assets (OROA)	7.18%	8.34%	10.12%	10.09%	11.63%	10.37%	13.43%	13.93%	10.79%	4.74%	2.38%
Return on Assets (ROA)	4.36%	5.90%	7.84%	7.71%	9.01%	7.74%	8.64%	13.09%	7.26%	3.16%	1.30%
Return on Common Equity (ROCE)	8.86%	9.88%	11.60%	11.69%	14.29%	10.62%	14.73%	18.00%	12.50%	5.41%	2.99%
Return on Equity Simple (ROE_SIMPLE)	10.31%	0.00%	12.12%	12.59%	15.66%	0.00%	14.85%	11.77%	5.66%	0.00%	-4.31%
Net Operating Profit after Tax (NOPAT)	64	69	81	80	94	65	104	134	108	48	31
NOPAT Margin	9.52%	9.96%	11.56%	11.65%	13.85%	9.78%	14.40%	17.36%	15.03%	7.57%	5.58%
Net Nonoperating Expense Percent (NNEP)	1.82%	-1.24%	20.20%	-1,419.65%	4.91%	18.74%	103.44%	-177.48%	-27.69%	-1.82%	-43.19%
Return On Investment Capital (ROIC_SIMPLE)	1.36%	-	-	-	2.84%	-	-	-	-	-	-
Cost of Revenue to Revenue	60.98%	58.98%	59.93%	58.56%	59.73%	62.12%	59.42%	58.54%	59.67%	65.29%	68.56%
SG&A Expenses to Revenue	9.31%	8.56%	9.58%	9.02%	8.36%	8.50%	6.81%	6.87%	6.73%	7.39%	8.17%
R&D to Revenue	1.38%	1.28%	1.51%	1.88%	1.27%	1.11%	0.98%	1.13%	0.96%	1.13%	1.18%
Operating Expenses to Revenue	25.74%	25.66%	24.11%	25.36%	22.04%	23.68%	20.03%	18.68%	20.29%	22.55%	25.31%
Earnings before Interest and Taxes (EBIT)	90	107	114	111	123	104	148	175	144	68	33
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	192	208	212	216	217	199	243	271	241	168	134
Valuation Ratios	-	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.07	1.03	1.23	1.45	1.25	1.44	1.27	1.26	1.75	1.28	1.50
Price to Tangible Book Value (P/TBV)	1.11	1.07	1.28	1.50	1.30	1.50	1.32	1.31	1.82	1.34	1.57
Price to Revenue (P/Rev)	1.15	1.09	1.29	1.48	1.22	1.39	1.21	1.30	2.03	1.72	2.32
Price to Earnings (P/E)	10.41	8.73	10.18	11.51	7.99	9.23	8.54	10.70	30.91	510.12	0.00
Dividend Yield	3.94%	4.14%	3.05%	2.24%	2.88%	2.48%	2.99%	3.01%	2.74%	2.97%	2.56%
Earnings Yield	9.61%	11.46%	9.82%	8.69%	12.51%	10.84%	11.71%	9.34%	3.24%	0.20%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.05	1.02	1.22	1.44	1.24	1.45	1.25	1.24	1.74	1.28	1.49
Enterprise Value to Revenue (EV/Rev)	1.54	1.49	1.25	1.45	1.19	1.35	1.19	1.29	2.00	1.69	2.32
Enterprise Value to EBITDA (EV/EBITDA)	5.06	4.76	4.04	4.56	3.63	4.06	3.66	4.25	7.62	7.94	14.37
Enterprise Value to EBIT (EV/EBIT)	10.04	9.03	7.54	8.20	6.14	6.79	6.31	8.23	21.34	100.79	0.00
Enterprise Value to NOPAT (EV/NOPAT)	14.43	12.70	10.71	11.64	8.50	9.43	8.54	10.83	28.85	346.59	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	6.35	6.00	4.67	4.83	4.10	4.65	4.59	6.38	11.20	14.90	25.12
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	14.47	11.05	8.30	8.18	7.49	13.01	32.10	0.00	53.14
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.60	0.61	0.19	0.19	0.20	0.20	0.20	0.20	0.20	0.20	0.20
Long-Term Debt to Equity	0.60	0.61	0.19	0.19	0.20	0.20	0.20	0.20	0.20	0.20	0.20
Financial Leverage	0.19	0.18	-0.01	0.00	-0.01	-0.03	0.00	0.01	-0.01	-0.04	-0.01
Leverage Ratio	1.79	1.79	1.59	1.58	1.60	1.58	1.59	1.58	1.59	1.65	1.54
Compound Leverage Factor	1.52	1.95	1.70	1.67	1.64	1.71	1.46	1.95	1.43	1.77	0.91
Debt to Total Capital	37.68%	37.92%	16.04%	16.29%	16.50%	16.43%	16.75%	16.45%	16.51%	16.40%	16.56%
Short-Term Debt to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Long-Term Debt to Total Capital	37.68%	37.92%	16.04%	16.29%	16.50%	16.43%	16.75%	16.45%	16.51%	16.40%	16.56%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Common Equity to Total Capital	62.32%	62.08%	83.96%	83.71%	83.50%	83.57%	83.25%	83.55%	83.49%	83.60%	83.44%
Debt to EBITDA	2.13	2.07	0.65	0.62	0.59	0.57	0.59	0.67	0.87	1.24	1.90
Net Debt to EBITDA	1.29	1.28	-0.14	-0.09	-0.09	-0.14	-0.06	-0.02	-0.11	-0.14	-0.02
Long-Term Debt to EBITDA	2.13	2.07	0.65	0.62	0.59	0.57	0.59	0.67	0.87	1.24	1.90
Debt to NOPAT	6.06	5.51	1.71	1.59	1.37	1.33	1.38	1.70	3.31	53.96	-6.03
Net Debt to NOPAT	3.67	3.41	-0.36	-0.22	-0.21	-0.32	-0.14	-0.05	-0.41	-6.15	0.05
Long-Term Debt to NOPAT	6.06	5.51	1.71	1.59	1.37	1.33	1.38	1.70	3.31	53.96	-6.03
Altman Z-Score	2.05	2.02	3.01	3.23	2.99	3.25	3.04	3.04	3.33	2.83	2.93
Noncontrolling Interest Sharing Ratio	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-	-
Current Ratio	2.81	2.67	2.12	2.16	2.11	2.40	2.29	2.43	2.30	2.54	2.36
Quick Ratio	2.19	2.08	1.54	1.62	1.57	1.80	1.71	1.86	1.83	2.05	1.82
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-1,268	-1,308	-2.19	99	103	127	160	80	92	15	198
Operating Cash Flow to CapEx	167.81%	178.18%	164.31%	131.45%	140.42%	201.33%	344.48%	205.03%	284.98%	174.23%	155.55%
Free Cash Flow to Firm to Interest Expense	-56.85	-81.12	-0.50	23.14	23.58	29.18	36.93	18.90	21.02	3.45	45.25
Operating Cash Flow to Interest Expense	7.10	10.47	45.52	33.73	39.98	49.18	67.70	33.23	42.57	27.10	22.36
Operating Cash Flow Less CapEx to Interest Expense	2.87	4.59	17.82	8.07	11.51	24.75	48.05	17.02	27.63	11.55	7.98
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.54	0.54	0.62	0.63	0.64	0.66	0.66	0.61	0.54	0.44	0.40
Accounts Receivable Turnover	6.39	6.70	6.29	5.74	5.97	6.66	6.71	6.25	5.96	5.99	5.61
Inventory Turnover	14.37	15.41	15.10	15.94	17.64	18.88	18.38	18.24	17.52	16.64	14.59
Fixed Asset Turnover	0.92	0.93	0.92	0.93	0.96	0.98	0.96	0.90	0.79	0.68	0.57
Accounts Payable Turnover	10.74	12.29	10.53	10.35	11.18	13.34	12.68	12.59	12.24	14.39	13.99
Days Sales Outstanding (DSO)	57.11	54.47	57.99	63.56	61.17	54.82	54.38	58.44	61.25	60.95	65.06
Days Inventory Outstanding (DIO)	25.40	23.68	24.18	22.89	20.70	19.34	19.86	20.01	20.83	21.93	25.02
Days Payable Outstanding (DPO)	33.99	29.69	34.66	35.28	32.64	27.36	28.79	29.00	29.81	25.37	26.09
Cash Conversion Cycle (CCC)	48.52	48.46	47.50	51.18	49.22	46.80	45.45	49.45	52.27	57.51	63.99
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-	-
Invested Capital	4,052	4,045	2,784	2,771	2,720	2,667	2,701	2,789	2,729	2,730	2,757
Invested Capital Turnover	0.81	0.82	0.99	0.99	1.04	1.06	1.04	0.97	0.87	0.76	0.62
Increase / (Decrease) in Invested Capital	1,332	1,377	83	-18	-9.28	-63	-55	53	17	33	-167
Enterprise Value (EV)	4,242	4,107	3,410	3,987	3,373	3,876	3,378	3,455	4,737	3,485	4,102
Market Capitalization	3,162	3,004	3,525	4,062	3,455	4,005	3,434	3,472	4,805	3,547	4,106
Book Value per Share	$29.84	$29.54	$28.94	$28.36	$27.76	$27.88	$26.40	$26.37	$26.05	$26.27	$25.95
Tangible Book Value per Share	$28.84	$28.53	$27.91	$27.32	$26.70	$26.81	$25.35	$25.33	$24.99	$25.19	$24.87
Total Capital	4,728	4,699	3,402	3,349	3,305	3,317	3,253	3,299	3,288	3,308	3,275
Total Debt	1,782	1,782	546	545	545	545	545	543	543	543	542
Total Long-Term Debt	1,782	1,782	546	545	545	545	545	543	543	543	542
Net Debt	1,080	1,102	-115	-75	-82	-130	-56	-17	-68	-62	-4.66
Capital Expenditures (CapEx)	94	95	120	109	124	107	85	69	65	67	63
Debt-free, Cash-free Net Working Capital (DFCFNWC)	189	166	145	164	156	178	205	293	219	223	212
Debt-free Net Working Capital (DFNWC)	789	745	514	510	520	588	559	591	609	608	545
Net Working Capital (NWC)	789	745	514	510	520	588	559	591	609	608	545
Net Nonoperating Expense (NNE)	9.72	-6.36	-8.03	-4.68	-1.36	-13	8.96	-30	11	2.28	13
Net Nonoperating Obligations (NNO)	1,105	1,127	-73	-33	-40	-104	-6.77	33	-16	-35	24
Total Depreciation and Amortization (D&A)	101	101	98	105	94	95	95	96	97	99	101
Debt-free, Cash-free Net Working Capital to Revenue	6.87%	6.02%	5.34%	5.98%	5.52%	6.19%	7.20%	10.96%	9.24%	10.81%	11.96%
Debt-free Net Working Capital to Revenue	28.62%	27.03%	18.86%	18.55%	18.36%	20.46%	19.67%	22.12%	25.71%	29.54%	30.76%
Net Working Capital to Revenue	28.62%	27.03%	18.86%	18.55%	18.36%	20.46%	19.67%	22.12%	25.71%	29.54%	30.76%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.55	$0.74	$0.89	$0.85	$0.95	$0.78	$0.93	$1.55	$0.92	$0.42	$0.16
Adjusted Weighted Average Basic Shares Outstanding	98.87M	98.86M	98.75M	98.77M	99.14M	102.45M	101.16M	103.97M	105.25M	105.89M	105.29M
Adjusted Diluted Earnings per Share	$0.54	$0.77	$0.88	$0.84	$0.94	$0.77	$0.93	$1.55	$0.91	$0.42	$0.16
Adjusted Weighted Average Diluted Shares Outstanding	99.16M	99.07M	99.01M	99.05M	99.63M	102.85M	101.55M	104.36M	106.10M	106.56M	106.02M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	99.38M	98.76M	98.76M	98.72M	98.83M	99.43M	99.43M	102.58M	104.49M	105.39M	105.29M
Normalized Net Operating Profit after Tax (NOPAT)	73	71	83	82	92	70	107	132	115	46	28
Normalized NOPAT Margin	10.81%	10.19%	11.84%	11.91%	13.58%	10.66%	14.84%	17.11%	16.04%	7.31%	5.07%
Pre Tax Income Margin	11.28%	16.77%	17.54%	17.01%	18.50%	17.09%	18.78%	27.97%	18.00%	11.56%	3.49%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	4.05	6.61	26.39	26.04	28.12	23.83	34.24	41.19	33.13	15.77	7.45
NOPAT to Interest Expense	2.89	4.29	18.60	18.81	21.46	14.79	24.11	31.51	24.83	11.05	7.02
EBIT Less CapEx to Interest Expense	-0.18	0.74	-1.31	0.39	-0.36	-0.60	14.59	24.98	18.19	0.22	-6.92
NOPAT Less CapEx to Interest Expense	-1.34	-1.59	-9.10	-6.85	-7.01	-9.64	4.46	15.30	9.90	-4.50	-7.35
Payout Ratios	-	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	49.77%	48.95%	50.62%	51.82%	44.43%	46.41%	44.59%	48.18%	84.81%	1,544.59%	-91.74%
Augmented Payout Ratio	51.07%	63.85%	65.43%	95.32%	103.56%	103.36%	106.09%	92.87%	120.64%	2,652.01%	-157.13%

Frequently Asked Questions About Helmerich & Payne's Financials

When does Helmerich & Payne's fiscal year end?

According to the most recent income statement we have on file, Helmerich & Payne's financial year ends in September. Their financial year 2024 ended on September 30, 2024.

How has Helmerich & Payne's net income changed over the last 9 years?

Helmerich & Payne's net income appears to be on an upward trend, with a most recent value of $344.17 million in 2024, falling from $420.43 million in 2015. The previous period was $434.10 million in 2023. Find out what analysts predict for Helmerich & Payne in the coming months.

What is Helmerich & Payne's operating income?

Helmerich & Payne's total operating income in 2024 was $451.90 million, based on the following breakdown:

Total Gross Profit: $1.12 billion
Total Operating Expenses: $670 million

How has Helmerich & Payne revenue changed over the last 9 years?

Over the last 9 years, Helmerich & Payne's total revenue changed from $3.16 billion in 2015 to $2.76 billion in 2024, a change of -12.8%.

How much debt does Helmerich & Payne have?

Helmerich & Payne's total liabilities were at $2.86 billion at the end of 2024, a 77.9% increase from 2023, and a 27.2% increase since 2015.

How much cash does Helmerich & Payne have?

In the past 9 years, Helmerich & Payne's cash and equivalents has ranged from $217.34 million in 2024 to $917.53 million in 2021, and is currently $217.34 million as of their latest financial filing in 2024.

How has Helmerich & Payne's book value per share changed over the last 9 years?

Over the last 9 years, Helmerich & Payne's book value per share changed from 45.44 in 2015 to 29.54 in 2024, a change of -35.0%.

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This page (NYSE:HP) was last updated on 5/28/2025 by MarketBeat.com Staff

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Helmerich & Payne (HP) Financials

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Helmerich & Payne (HP) Financials

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