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Helmerich & Payne, Inc. (HP) EV/EBITDA Ratio: 10.69x

Is Helmerich & Payne, Inc.’s EV/EBITDA ratio high or low?

Helmerich & Payne, Inc.'s EV/EBITDA ratio of 10.69x is 84% below its 5-year average of 66.88x, near the low end of its 5-year range (3.63x–1367.54x).

The EV/EBITDA ratio for Helmerich & Payne, Inc. (HP) is 10.69x as of Wednesday, June 10, 2026. It is above its 12-month average by 48.14% (7.22x).

HP EV/EBITDA Ratio Chart

HP EV/EBITDA Ratio
10.69x+148.03% 1Y
Zoom

HP Average EV/EBITDA Ratio Chart

HP Current vs Average EV/EBITDA Ratio Chart

HP EV/EBITDA Ratio Metrics

EV/EBITDA RATIO

10.69x

EV/EBITDA RATIO AVG TTM

7.22x

EV/EBITDA RATIO AVG 3Y

5.42x

EV/EBITDA RATIO AVG 5Y

66.88x

EV/EBITDA RATIO AVG 10Y

61.16x

EV/EBITDA RATIO AVG 15Y

42.52x

EV/EBITDA RATIO AVG 20Y

33.52x

CURRENT VS TTM AVG

+48.14%

CURRENT VS 3Y AVG

+97.23%

CURRENT VS 5Y AVG

-84.02%

CURRENT VS 10Y AVG

-82.52%

CURRENT VS 15Y AVG

-74.86%

CURRENT VS 20Y AVG

-68.11%

HP Competitors' EV/EBITDA Ratio

NAMEMARKET CAPEV/EBITDA RATIOTTM3Y5Y
Helmerich & Payne, Inc. (HP)10.69x7.22x5.42x66.88x
enCore Energy Corp. (EU)$249.59MN/A1.99x1.55x1.55x
Antero Midstream Corporation (AM)$10.32B13.98x12.24x11.44x10.86x
Occidental Petroleum Corporation (OXY)$56.25B6.19x5.58x5.27x5.68x
Phillips 66 (PSX)$71.77B8.19x11.05x8.49x12.72x
EOG Resources, Inc. (EOG)$73.15B6.41x5.81x5.38x6.11x
Valero Energy Corporation (VLO)$75.36B8.94x11.48x6.96x8.60x
Marathon Petroleum Corporation (MPC)$75.36B8.75x8.85x6.36x7.28x
SLB N.V. (SLB)$83.50B13.24x9.72x10.08x11.18x
ConocoPhillips (COP)$142.28B7.15x6.11x5.66x5.86x

EV/EBITDA vs. its own history

At 10.7, EV/EBITDA is richer than usual — richer than 76% of its 20-year range.

20-year low

2.7

median

6.7

20-year high

1367.5

cheaperricher

Understanding EV/EBITDA

Enterprise Value (EV) = Market Cap + Total Debt - Cash

EBITDA = Earnings Before Interest, Taxes, Depreciation & Amortization

EV/EBITDA is commonly used for comparing companies because:

  • It accounts for debt levels (capital structure neutral)
  • It removes effects of different depreciation policies
  • It can be compared across countries with different tax rates
  • It can remain available when net income is negative, if EBITDA is positive

Helmerich & Payne, Inc. EV/EBITDA Ratio Formula & Definition

EV/EBITDA = Enterprise Value / EBITDA (TTM)

Enterprise value to EBITDA is a capital-structure-neutral valuation multiple, useful for comparing companies with different debt levels and tax rates.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Helmerich & Payne, Inc. EV/EBITDA Ratio FAQ

What is the EV/EBITDA ratio for Helmerich & Payne, Inc. (HP)?
The EV/EBITDA ratio for HP stock is 10.69x.
Is Helmerich & Payne, Inc.'s EV/EBITDA ratio high or low?
Helmerich & Payne, Inc.'s EV/EBITDA ratio of 10.69x is 84% below its 5-year average of 66.88x, near the low end of its 5-year range (3.63x–1367.54x).
What is the TTM average EV/EBITDA ratio for Helmerich & Payne, Inc. (HP)?
The TTM average EV/EBITDA ratio for HP stock is 7.22x.
What is the 3Y average EV/EBITDA ratio for Helmerich & Payne, Inc. (HP)?
The 3Y average EV/EBITDA ratio for HP stock is 5.42x.
What is the 5Y average EV/EBITDA ratio for Helmerich & Payne, Inc. (HP)?
The 5Y average EV/EBITDA ratio for HP stock is 66.88x.
What is the 10Y average EV/EBITDA ratio for Helmerich & Payne, Inc. (HP)?
The 10Y average EV/EBITDA ratio for HP stock is 61.16x.
What is the 15Y average EV/EBITDA ratio for Helmerich & Payne, Inc. (HP)?
The 15Y average EV/EBITDA ratio for HP stock is 42.52x.
What is the 20Y average EV/EBITDA ratio for Helmerich & Payne, Inc. (HP)?
The 20Y average EV/EBITDA ratio for HP stock is 33.52x.

Helmerich & Payne, Inc. EV/EBITDA Ratio History

DATEEV/EBITDA RATIO
2026-06-0910.69x
2026-06-0810.92x
2026-06-0510.60x
2026-06-0411.01x
2026-06-0310.79x
2026-06-0210.97x
2026-06-0110.94x
2026-05-2910.73x
2026-05-2810.72x
2026-05-2710.80x
2026-05-2611.14x
2026-05-2211.07x
2026-05-2111.01x
2026-05-2011.26x
2026-05-1911.27x
2026-05-1811.38x
2026-05-1510.99x
2026-05-1410.97x
2026-05-1310.75x
2026-05-1210.93x
2026-05-1110.83x
2026-05-0810.66x
2026-05-0710.50x
2026-05-069.82x
2026-05-0510.10x
2026-05-049.95x
2026-05-019.92x
2026-04-309.91x
2026-04-2910.02x
2026-04-289.72x
2026-04-279.62x
2026-04-249.57x
2026-04-239.43x
2026-04-229.24x
2026-04-219.10x
2026-04-208.77x
2026-04-178.76x
2026-04-168.99x
2026-04-158.91x
2026-04-148.84x
2026-04-139.12x
2026-04-108.94x
2026-04-099.03x
2026-04-089.06x
2026-04-079.15x
2026-04-068.98x
2026-04-028.96x
2026-04-018.92x
2026-03-319.17x
2026-03-309.14x
2026-03-279.19x
2026-03-269.33x
2026-03-259.23x
2026-03-249.38x
2026-03-239.36x
2026-03-209.25x
2026-03-199.16x
2026-03-189.19x
2026-03-179.10x
2026-03-168.94x
2026-03-139.11x
2026-03-128.80x
2026-03-118.95x
2026-03-108.99x
2026-03-098.89x
2026-03-068.84x
2026-03-058.85x
2026-03-048.88x
2026-03-038.82x
2026-03-029.01x
2026-02-279.03x
2026-02-268.93x
2026-02-258.87x
2026-02-248.95x
2026-02-239.02x
2026-02-209.10x
2026-02-199.16x
2026-02-188.96x
2026-02-178.71x
2026-02-138.69x
2026-02-128.63x
2026-02-118.88x
2026-02-108.86x
2026-02-099.12x
2026-02-069.16x
2026-02-058.92x
2026-02-048.68x
2026-02-038.54x
2026-02-028.35x
2026-01-308.30x
2026-01-298.27x
2026-01-288.18x
2026-01-278.21x
2026-01-268.08x
2026-01-238.06x
2026-01-228.15x
2026-01-218.16x
2026-01-208.01x
2026-01-168.07x
2026-01-158.05x
2026-01-148.05x
2026-01-137.90x
2026-01-127.80x
2026-01-097.80x
2026-01-087.92x
2026-01-077.77x
2026-01-067.87x
2026-01-057.89x
2026-01-027.70x
2025-12-317.51x
2025-12-307.55x
2025-12-297.49x
2025-12-267.39x
2025-12-247.40x
2025-12-237.42x
2025-12-227.45x
2025-12-197.40x
2025-12-187.36x
2025-12-177.41x
2025-12-167.31x
2025-12-157.55x
2025-12-127.62x
2025-12-117.84x
2025-12-107.78x
2025-12-097.67x
2025-12-087.60x
2025-12-057.69x
2025-12-047.72x
2025-12-037.76x
2025-12-027.55x
2025-12-017.47x
2025-11-287.39x
2025-11-267.37x
2025-11-257.34x
2025-11-247.22x
2025-11-217.22x
2025-11-206.26x
2025-11-196.41x
2025-11-186.33x
2025-11-176.47x
2025-11-146.50x
2025-11-136.38x
2025-11-126.33x
2025-11-116.50x
2025-11-106.36x
2025-11-076.28x
2025-11-066.30x
2025-11-056.30x
2025-11-046.27x
2025-11-036.37x
2025-10-316.29x
2025-10-306.34x
2025-10-296.33x
2025-10-286.16x
2025-10-276.17x
2025-10-246.20x
2025-10-236.21x
2025-10-225.91x
2025-10-215.89x
2025-10-205.92x
2025-10-175.86x
2025-10-165.86x
2025-10-155.87x
2025-10-145.81x
2025-10-135.82x
2025-10-105.69x
2025-10-095.88x
2025-10-085.95x
2025-10-075.94x
2025-10-065.94x
2025-10-035.85x
2025-10-025.83x
2025-10-015.86x
2025-09-305.72x
2025-09-295.75x
2025-09-265.80x
2025-09-255.70x
2025-09-245.74x
2025-09-235.68x
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2025-09-195.51x
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2025-09-125.59x
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2025-08-074.12x
2025-08-064.07x
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2025-07-314.15x
2025-07-304.18x
2025-07-294.26x
2025-07-284.29x
2025-07-254.21x
2025-07-244.22x
2025-07-234.24x
2025-07-224.12x
2025-07-214.05x
2025-07-184.07x
2025-07-174.12x
2025-07-164.08x
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2025-07-144.18x
2025-07-114.26x
2025-07-104.26x
2025-07-094.25x
2025-07-084.27x
2025-07-074.13x
2025-07-034.17x
2025-07-024.19x
2025-07-014.12x
2025-06-304.03x
2025-06-274.06x
2025-06-264.07x
2025-06-254.07x
2025-06-244.12x
2025-06-234.16x
2025-06-204.25x
2025-06-184.28x
2025-06-174.36x
2025-06-164.35x
2025-06-134.38x
2025-06-124.35x
2025-06-114.36x
2025-06-104.45x
2025-06-094.31x
2025-06-064.21x
2025-06-054.16x
2025-06-044.17x
2025-06-034.22x
2025-06-024.09x
2025-05-304.04x
2025-05-294.05x
2025-05-284.04x

Showing the most recent 260 of 5,031 data points. The chart above shows the full history.

About Helmerich & Payne, Inc.

Helmerich & Payne, Inc., along with its affiliated companies, provides specialized drilling services and innovative solutions to businesses involved in the exploration and production of oil and gas. The company's operations are strategically organized into three distinct divisions: North America Solutions, Offshore Gulf of Mexico, and International Solutions. Within the North America Solutions segment, primary drilling activities are conducted across a broad geographical area, encompassing U.S. states such as Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. This division also actively pursues the development, promotion, and commercialization of advanced technologies designed to enhance drilling efficiency, wellbore quality, and accurate placement. The Offshore Gulf of Mexico segment focuses its drilling endeavors in Louisiana and within the federal waters of the U.S. Gulf of Mexico. Internationally, the Solutions segment manages drilling projects in various countries, including Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2021, Helmerich & Payne commanded a substantial fleet, featuring 236 land rigs situated in North America, 30 land rigs operating internationally, and 7 offshore platform rigs. Beyond its core drilling operations, the company also maintains an interest in commercial real estate. Its property portfolio in Tulsa, Oklahoma, comprises a shopping center offering approximately 390,000 square feet of leasable space, alongside about 176 acres of undeveloped land. Helmerich & Payne, Inc. was founded in 1920 and continues to maintain its corporate headquarters in Tulsa, Oklahoma.

Tulsa, OK
7,000 employees
Energy / Oil & Gas Drilling
Sector
Energy
Industry
Oil & Gas Drilling
CEO
Raymond John Adams