Helmerich & Payne (HP) Financials: History & Chart

Helmerich & Payne, Inc. (HP)HPHelmerich & Payne, Inc.

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

15,700 employees

www.hpinc.com

Energy / Oil & Gas Drilling

Sector: Energy
Industry: Oil & Gas Drilling
CEO: Raymond John Adams

View full financials

Financials

SEC Filings

Quarterly Income Statement (USD)

Swipe horizontally to review earlier periods. The line-item column stays pinned.

Quarterly Report	TTM	Quarter ended Mar 2026	Quarter ended Dec 2025	Quarter ended Sep 2025	Quarter ended Jun 2025	Quarter ended Mar 2025	Quarter ended Dec 2024	Quarter ended Sep 2024	Quarter ended Jun 2024
Revenue	4.00B	932.36M	1.02B	1.01B	1.04B	1.02B	677.30M	693.79M	697.72M
Cost of Goods Sold	3.55B	866.71M	895.96M	903.79M	883.72M	859.31M	510.94M	509.04M	513.89M
Gross Profit	451.89M	65.65M	121.07M	107.96M	157.21M	156.72M	166.37M	184.76M	183.84M
Gross Profit Margin	11.3%	7.0%	11.9%	10.7%	15.1%	15.4%	24.6%	26.6%	26.3%
Total Operating Expenses	525.88M	78.10M	77.09M	85.21M	285.48M	114.56M	76.38M	78.21M	77.42M
Research & Development	29.01M	7.02M	6.65M	7.57M	7.78M	9.42M	9.36M	8.86M	10.55M
Selling, General & Administrative	273.66M	71.08M	59.43M	77.64M	65.51M	80.80M	63.06M	59.39M	66.87M
Operating Income (EBIT)	-73.99M	-12.45M	43.98M	22.75M	-128.27M	42.16M	89.98M	106.55M	106.41M
Operating Margin	-1.8%	-1.3%	4.3%	2.2%	-12.3%	4.1%	13.3%	15.4%	15.3%
Income Before Tax (EBT)	-325.27M	-46.56M	-83.73M	-62.07M	-132.91M	44.45M	76.42M	116.35M	122.39M
Interest Income	11.12M	2.15M	2.76M	3.35M	2.86M	7.26M	21.74M	11.98M	11.89M
Interest Expense	108.59M	25.81M	25.61M	27.97M	29.20M	28.34M	22.30M	16.12M	4.34M
Other Income/Expense	-251.28M	-34.12M	-127.71M	-84.82M	-4.64M	2.29M	-13.56M	9.81M	15.98M
Net Income	-375.89M	-58.61M	-97.16M	-57.36M	-162.76M	1.65M	54.77M	75.48M	88.69M
Income Tax Expense	43.23M	9.30M	11.20M	-6.26M	28.99M	41.46M	21.65M	40.88M	33.70M
Net Profit Margin	-9.4%	-6.3%	-9.6%	-5.7%	-15.6%	0.2%	8.1%	10.9%	12.7%
EBITDA	657.01M	168.29M	225.90M	211.61M	51.22M	199.82M	189.06M	207.54M	204.23M
EBITDA Margin	16.4%	18.0%	22.2%	20.9%	4.9%	19.7%	27.9%	29.9%	29.3%
Depreciation & Amortization	731.00M	180.73M	181.92M	188.86M	179.49M	157.66M	99.08M	100.99M	97.82M
EPS Basic	-3.78	-0.59	-0.97	-0.58	-1.64	0.01	0.55	0.75	0.89
EPS Diluted	-3.78	-0.59	-0.97	-0.58	-1.64	0.01	0.54	0.75	0.88
Shares Outstanding	99.88M	99.88M	99.27M	99.44M	99.36M	99.36M	98.87M	98.75M	98.75M
Diluted Shares Outstanding	99.88M	99.88M	99.27M	99.44M	99.38M	99.38M	99.16M	99.00M	99.01M

Annual Income Statement (USD)

Swipe horizontally to review earlier years. The line-item column stays pinned.

Annual Report	09/30/2025	09/30/2024	09/30/2023	09/30/2022	09/30/2021	09/30/2020	09/30/2019	09/30/2018
Revenue	3.75B	2.76B	2.87B	2.06B	1.22B	1.77B	2.80B	2.49B
Cost of Goods Sold	3.19B	2.03B	2.10B	1.83B	1.37B	1.67B	2.37B	2.24B
Gross Profit	553.50M	729.04M	775.01M	229.19M	-153.76M	107.25M	427.10M	250.86M
Gross Profit Margin	14.8%	26.4%	27.0%	11.1%	-12.6%	6.0%	15.3%	10.1%
Total Operating Expenses	321.18M	277.14M	213.12M	183.89M	274.79M	727.44M	221.88M	218.79M
Research & Development	34.13M	40.97M	30.05M	26.56M	21.72M	21.64M	27.47M	18.17M
Selling, General & Administrative	287.05M	244.88M	206.66M	182.37M	172.19M	167.51M	194.42M	200.62M
Operating Income (EBIT)	232.32M	451.90M	561.89M	45.29M	-428.55M	-620.19M	213.09M	31.60M
Operating Margin	6.2%	16.4%	19.6%	2.2%	-35.2%	-35.0%	7.6%	1.3%
Income Before Tax (EBT)	-74.11M	481.02M	593.38M	31.32M	-429.87M	-636.50M	-51.22M	15.84M
Interest Income	35.21M	41.17M	28.39M	18.09M	10.25M	7.30M	9.47M	8.02M
Interest Expense	107.81M	29.09M	17.28M	19.20M	23.95M	24.47M	25.19M	24.27M
Other Income/Expense	-306.44M	29.12M	31.49M	-13.97M	-1.32M	-16.31M	-71.80M	-15.76M
Net Income	-165.09M	344.17M	434.10M	6.95M	-326.15M	-494.50M	-32.51M	482.67M
Income Tax Expense	85.83M	136.85M	159.28M	24.37M	-103.72M	-140.11M	-18.71M	-477.17M
Net Profit Margin	-4.4%	12.5%	15.1%	0.3%	-26.8%	-27.9%	-1.2%	19.4%
EBITDA	857.41M	849.24M	944.20M	448.46M	-8.82M	-138.30M	771.19M	615.40M
EBITDA Margin	22.9%	30.8%	32.9%	21.8%	-0.7%	-7.8%	27.6%	24.7%
Depreciation & Amortization	625.09M	397.34M	382.31M	403.17M	419.73M	481.88M	558.10M	583.80M
EPS Basic	-1.66	3.43	4.18	0.05	-3.04	-4.60	-0.30	4.43
EPS Diluted	-1.66	3.43	4.16	0.05	-3.04	-4.60	-0.30	4.41
Shares Outstanding	99.27M	98.86M	102.45M	105.89M	107.82M	108.01M	109.22M	108.85M
Diluted Shares Outstanding	99.27M	99.07M	102.85M	106.56M	107.82M	108.01M	109.22M	109.39M

Values are displayed in USD. Negative numbers shown in red.

Values are displayed in USD. Negative numbers are shown in red.