Helmerich & Payne, Inc. (HP) FCF Payout Ratio: 38.78%
Is Helmerich & Payne, Inc.’s FCF payout ratio high or low?
Helmerich & Payne, Inc.'s FCF payout ratio of 38.78% is 60% below its 5-year average of 97.53%, near the low end of its 5-year range (45.97%–201.01%).
The FCF payout ratio for Helmerich & Payne, Inc. (HP) is 38.78%. It is below its 12-month average by 55.75% (87.63%).
HP FCF Payout Ratio Chart
HP Average FCF Payout Ratio Chart
HP Current vs Average FCF Payout Ratio Chart
HP FCF Payout Ratio Metrics
FCF PAYOUT RATIO
38.78%
FCF PAYOUT RATIO AVG TTM
87.63%
FCF PAYOUT RATIO AVG 3Y
73.75%
FCF PAYOUT RATIO AVG 5Y
97.53%
FCF PAYOUT RATIO AVG 10Y
125.25%
FCF PAYOUT RATIO AVG 15Y
104.81%
FCF PAYOUT RATIO AVG 20Y
100.23%
CURRENT VS TTM AVG
-55.75%
CURRENT VS 3Y AVG
-47.41%
CURRENT VS 5Y AVG
-60.24%
CURRENT VS 10Y AVG
-69.04%
CURRENT VS 15Y AVG
-63.00%
CURRENT VS 20Y AVG
-61.31%
Payout Ratio Comparison
FCF Payout Ratio
38.8%
Earnings Payout Ratio
N/A
Dividend Yield
2.64%
FCF Yield
6.76%
Annual FCF Payout Ratio History
| Year | Free Cash Flow | Dividends Paid | FCF Payout Ratio |
|---|---|---|---|
| 2025 | $116.58M | $100.73M | 86.4% |
| 2024 | $189.59M | $168.46M | 88.9% |
| 2023 | $438.22M | $201.46M | 46.0% |
| 2022 | ($38.63M) | $107.39M | N/A (Loss) |
| 2021 | $54.29M | $109.13M | 201.0% |
| 2020 | $398.09M | $260.33M | 65.4% |
| 2019 | $397.35M | $313.42M | 78.9% |
| 2018 | $77.95M | $308.43M | 395.7% |
| 2017 | ($40.35M) | $305.51M | N/A (Loss) |
| 2016 | $496.43M | $300.15M | 60.5% |
| 2015 | $285.26M | $298.37M | 104.6% |
| 2014 | $165.63M | $264.39M | 159.6% |
| 2013 | $188.12M | $93.05M | 49.5% |
| 2012 | ($97.35M) | $30.05M | N/A (Loss) |
| 2011 | $283.29M | $26.74M | 9.4% |
| 2010 | $132.72M | $22.25M | 16.8% |
| 2009 | $16.57M | $21.11M | 127.4% |
| 2008 | ($94.81M) | $19.33M | N/A (Loss) |
| 2007 | ($333.15M) | $18.64M | N/A (Loss) |
| 2006 | ($232.51M) | $17.71M | N/A (Loss) |
| 2005 | $125.43M | $16.87M | 13.4% |
| 2004 | $46.43M | $16.22M | 34.9% |
| 2003 | ($149.80M) | $16.03M | N/A (Loss) |
| 2002 | ($110.67M) | $15.22M | N/A (Loss) |
| 2001 | $4.19M | $15.05M | 359.5% |
| 2000 | $69.90M | $14.18M | 20.3% |
| 1999 | $35.70M | $13.80M | 38.7% |
| 1998 | ($152.80M) | $13.80M | N/A (Loss) |
| 1997 | $4.40M | $13.00M | 295.5% |
| 1996 | $14.90M | $12.50M | 83.9% |
Formula: FCF Payout Ratio = Dividends Paid / Free Cash Flow × 100
FCF payout and earnings payout:
- FCF represents operating cash flow after capital expenditures
- FCF payout compares dividends paid with free cash flow
- FCF payout above 100% means dividends paid exceeded free cash flow for the period
- Earnings payout compares dividends paid with net income
Reading the series: Use the chart and table to compare dividend payments with cash generation over time.
Helmerich & Payne, Inc. FCF Payout Ratio Formula & Definition
FCF Payout Ratio measures what percentage of free cash flow is paid out as dividends. Unlike earnings-based payout, it compares dividends with cash generated after capital expenditures.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Helmerich & Payne, Inc. FCF Payout Ratio FAQ
- What is the FCF payout ratio for Helmerich & Payne, Inc. (HP)?
- The FCF payout ratio for HP stock is 38.78%.
- Is Helmerich & Payne, Inc.'s FCF payout ratio high or low?
- Helmerich & Payne, Inc.'s FCF payout ratio of 38.78% is 60% below its 5-year average of 97.53%, near the low end of its 5-year range (45.97%–201.01%).
- What is the TTM average FCF payout ratio for Helmerich & Payne, Inc. (HP)?
- The TTM average FCF payout ratio for HP stock is 87.63%.
- What is the 3Y average FCF payout ratio for Helmerich & Payne, Inc. (HP)?
- The 3Y average FCF payout ratio for HP stock is 73.75%.
- What is the 5Y average FCF payout ratio for Helmerich & Payne, Inc. (HP)?
- The 5Y average FCF payout ratio for HP stock is 97.53%.
- What is the 10Y average FCF payout ratio for Helmerich & Payne, Inc. (HP)?
- The 10Y average FCF payout ratio for HP stock is 125.25%.
- What is the 15Y average FCF payout ratio for Helmerich & Payne, Inc. (HP)?
- The 15Y average FCF payout ratio for HP stock is 104.81%.
- What is the 20Y average FCF payout ratio for Helmerich & Payne, Inc. (HP)?
- The 20Y average FCF payout ratio for HP stock is 100.23%.
Helmerich & Payne, Inc. FCF Payout Ratio History
| DATE | FCF PAYOUT RATIO |
|---|---|
| 2025-09-30 | 86.41% |
| 2024-09-30 | 88.85% |
| 2023-09-30 | 45.97% |
| 2021-09-30 | 201.01% |
| 2020-09-30 | 65.40% |
| 2019-09-30 | 78.88% |
| 2018-09-30 | 395.69% |
| 2016-09-30 | 60.46% |
| 2015-09-30 | 104.59% |
| 2014-09-30 | 159.62% |
| 2013-09-30 | 49.46% |
| 2011-09-30 | 9.44% |
| 2010-09-30 | 16.77% |
| 2009-09-30 | 127.44% |
| 2005-09-30 | 13.45% |
| 2004-09-30 | 34.94% |
| 2001-09-30 | 359.46% |
| 2000-09-30 | 20.28% |
| 1999-09-30 | 38.66% |
| 1997-09-30 | 295.45% |
| 1996-09-30 | 83.89% |
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.
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- CEO
- Raymond John Adams