Helmerich & Payne, Inc. (HP) Gross Margin: 11.29%
Is Helmerich & Payne, Inc.’s gross margin high or low?
Helmerich & Payne, Inc.'s gross margin of 11.29% is in line with its 5-year average of 12.13%, around the middle of its 5-year range (-12.62%–26.98%).
As of Monday, June 15, 2026. 45.23% below its 12-month average of 20.61%.
HP Gross Margin Chart
HP Average Gross Margin Chart
HP Current vs Average Gross Margin Chart
HP Gross Margin Metrics
GROSS MARGIN
11.29%
GROSS MARGIN AVG TTM
20.61%
GROSS MARGIN AVG 3Y
19.84%
GROSS MARGIN AVG 5Y
12.13%
GROSS MARGIN AVG 10Y
11.93%
GROSS MARGIN AVG 15Y
20.37%
GROSS MARGIN AVG 20Y
26.28%
CURRENT VS TTM AVG
-45.23%
CURRENT VS 3Y AVG
-43.08%
CURRENT VS 5Y AVG
-6.91%
CURRENT VS 10Y AVG
-5.38%
CURRENT VS 15Y AVG
-44.58%
CURRENT VS 20Y AVG
-57.04%
HP Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Helmerich & Payne, Inc. (HP) | $3.70B | 11.29% | 20.61% | 19.84% | 12.13% |
| California Resources Corporation (CRC)vs › | $5.02B | 37.83% | 40.13% | 45.19% | 42.41% |
| Emeren Group, Ltd. (SOL)vs › | $995.64M | 33.95% | 24.94% | 28.59% | 27.63% |
| Enphase Energy, Inc. (ENPH)vs › | $6.91B | 44.23% | 46.97% | 45.48% | 44.46% |
| enCore Energy Corp. (EU)vs › | $299.12M | 22.33% | 5.06% | 14.79% | 9.86% |
| Weatherford International plc (WFRD)vs › | $7.20B | 45.89% | 28.16% | 30.12% | 28.30% |
| Antero Midstream Corporation (AM)vs › | $10.22B | 64.52% | 64.44% | 63.13% | 63.71% |
| Venture Global, Inc. (VG)vs › | $29.50B | 44.58% | 57.82% | 64.86% | 51.88% |
| EQT Corporation (EQT)vs › | $31.74B | 64.05% | 31.77% | 37.13% | 38.84% |
| Cameco Corporation (CCJ)vs › | $46.61B | 29.79% | 30.32% | 25.84% | 20.67% |
Gross Margin Analysis
Gross Margin
11.3%
(Revenue - COGS) / Revenue
Helmerich & Payne, Inc. Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Helmerich & Payne, Inc. Gross Margin FAQ
- What is the gross margin for Helmerich & Payne, Inc. (HP)?
- The gross margin for HP stock is 11.29%.
- Is Helmerich & Payne, Inc.'s gross margin high or low?
- Helmerich & Payne, Inc.'s gross margin of 11.29% is in line with its 5-year average of 12.13%, around the middle of its 5-year range (-12.62%–26.98%).
- What is the TTM average gross margin for Helmerich & Payne, Inc. (HP)?
- The TTM average gross margin for HP stock is 20.61%.
- What is the 3Y average gross margin for Helmerich & Payne, Inc. (HP)?
- The 3Y average gross margin for HP stock is 19.84%.
- What is the 5Y average gross margin for Helmerich & Payne, Inc. (HP)?
- The 5Y average gross margin for HP stock is 12.13%.
- What is the 10Y average gross margin for Helmerich & Payne, Inc. (HP)?
- The 10Y average gross margin for HP stock is 11.93%.
- What is the 15Y average gross margin for Helmerich & Payne, Inc. (HP)?
- The 15Y average gross margin for HP stock is 20.37%.
- What is the 20Y average gross margin for Helmerich & Payne, Inc. (HP)?
- The 20Y average gross margin for HP stock is 26.28%.
Helmerich & Payne, Inc. Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2025-09-30 | 14.78% |
| 2024-09-30 | 26.45% |
| 2023-09-30 | 26.98% |
| 2022-09-30 | 11.13% |
| 2021-09-30 | -12.62% |
| 2020-09-30 | 6.05% |
| 2019-09-30 | 15.26% |
| 2018-09-30 | 10.09% |
| 2017-09-30 | -1.67% |
| 2016-09-30 | 7.81% |
| 2015-09-30 | 26.99% |
| 2014-09-30 | 31.89% |
| 2013-09-30 | 31.86% |
| 2012-09-30 | 44.46% |
| 2011-09-30 | 43.68% |
| 2010-09-30 | 42.83% |
| 2009-09-30 | 46.62% |
| 2008-09-30 | 46.64% |
| 2007-09-30 | 47.09% |
| 2006-09-30 | 45.99% |
| 2005-09-30 | 39.53% |
| 2004-09-30 | 32.90% |
| 2003-09-30 | 32.94% |
| 2002-09-30 | 34.06% |
| 2001-09-30 | 45.89% |
| 2000-09-30 | 46.18% |
| 1999-09-30 | 39.31% |
| 1998-09-30 | 44.03% |
| 1997-09-30 | 45.34% |
| 1996-09-30 | 39.12% |
Related Metrics
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