Helmerich & Payne (HP) ROIC: History & Chart

Name: Helmerich & Payne, Inc. (HP) Return on Invested Capital (ROIC) — historical time series
Creator: TGMCharts

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Helmerich & Payne, Inc.(HP)

Oil & Gas Drilling · Tulsa, OK

$44.16+0.45 (+1.02%)

Delayed quote: Sep 9, 2026, 10:45 AM EDT

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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

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HP Return on Invested Capital (ROIC) Metrics

RETURN ON INVESTED CAPITAL (ROIC)

4.41%

RETURN ON INVESTED CAPITAL (ROIC) AVG TTM

0.84%

RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y

5.04%

RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y

2.12%

RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y

0.45%

RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y

3.33%

RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y

5.36%

CURRENT VS TTM AVG

+423.77%

CURRENT VS 3Y AVG

-12.49%

CURRENT VS 5Y AVG

+107.98%

CURRENT VS 10Y AVG

+877.28%

CURRENT VS 15Y AVG

+32.70%

CURRENT VS 20Y AVG

-17.61%

SECTOR MEDIAN · ENERGY

8.77%

median of 49 covered companies

CURRENT VS SECTOR MEDIAN

-49.66%

vs the sector median at left

NAME	MARKET CAP	RETURN ON INVESTED CAPITAL (ROIC)	TTM	3Y	5Y
Helmerich & Payne, Inc. (HP)	$4.41B	4.41%	0.84%	5.04%	2.12%
Enphase Energy, Inc. (ENPH)vs ›	$4.89B	3.82%	3.62%	9.03%	11.22%
Oceaneering International, Inc. (OII)vs ›	$4.94B	15.18%	13.23%	9.46%	2.19%
California Resources Corp (CRC)vs ›	$4.96B	17.61%	8.68%	16.84%	16.28%
Centrus Energy Corp. (LEU)vs ›	$3.49B	0.35%	4.10%	10.06%	19.58%
SolarEdge Technologies, Inc. (SEDG)vs ›	$2.16B	-9.31%	-54.47%	-26.41%	-15.28%
Weatherford International plc (WFRD)vs ›	$6.74B	13.74%	18.42%	16.36%	5.39%
Natural Resource Partners L.P. (NRP)vs ›	$1.50B	16.32%	22.74%	28.03%	20.53%
Dorchester Minerals, L.P. (DMLP)vs ›	$1.43B	34.01%	22.12%	45.21%	42.46%
Array Technologies, Inc. (ARRY)vs ›	$694.94M	3.49%	-7.74%	-1.25%	1.96%

NAME

MARKET CAP

RETURN ON INVESTED CAPITAL (ROIC)

TTM

Helmerich & Payne, Inc. (HP)

$4.41B

4.41%

0.84%

5.04%

2.12%

Enphase Energy, Inc. (ENPH)vs ›

$4.89B

3.82%

3.62%

9.03%

11.22%

Oceaneering International, Inc. (OII)vs ›

$4.94B

15.18%

13.23%

9.46%

2.19%

California Resources Corp (CRC)vs ›

$4.96B

17.61%

8.68%

16.84%

16.28%

Centrus Energy Corp. (LEU)vs ›

$3.49B

0.35%

4.10%

10.06%

19.58%

SolarEdge Technologies, Inc. (SEDG)vs ›

$2.16B

-9.31%

-54.47%

-26.41%

-15.28%

Weatherford International plc (WFRD)vs ›

$6.74B

13.74%

18.42%

16.36%

5.39%

Natural Resource Partners L.P. (NRP)vs ›

$1.50B

16.32%

22.74%

28.03%

20.53%

Dorchester Minerals, L.P. (DMLP)vs ›

$1.43B

34.01%

22.12%

45.21%

42.46%

Array Technologies, Inc. (ARRY)vs ›

$694.94M

3.49%

-7.74%

-1.25%

1.96%

Return on Invested Capital (ROIC) Formula & Definition

ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)

Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.

Return on Invested Capital (ROIC) FAQ

What is the return on invested capital (ROIC) for Helmerich & Payne, Inc. (HP)?

The return on invested capital (ROIC) for HP stock is 4.41%.

Is Helmerich & Payne, Inc.'s return on invested capital (ROIC) high or low?

The return on invested capital (ROIC) of 4.41% is 108% above its 5-year average of 2.12%, around the middle of its 5-year range (-8.90%–10.27%).

What is the TTM average return on invested capital (ROIC) for Helmerich & Payne, Inc. (HP)?

The TTM average return on invested capital (ROIC) for HP stock is 0.84%.

What is the 3Y average return on invested capital (ROIC) for Helmerich & Payne, Inc. (HP)?

The 3Y average return on invested capital (ROIC) for HP stock is 5.04%.

What is the 5Y average return on invested capital (ROIC) for Helmerich & Payne, Inc. (HP)?

The 5Y average return on invested capital (ROIC) for HP stock is 2.12%.

What is the 10Y average return on invested capital (ROIC) for Helmerich & Payne, Inc. (HP)?

The 10Y average return on invested capital (ROIC) for HP stock is 0.45%.

What is the 15Y average return on invested capital (ROIC) for Helmerich & Payne, Inc. (HP)?

The 15Y average return on invested capital (ROIC) for HP stock is 3.33%.

What is the 20Y average return on invested capital (ROIC) for Helmerich & Payne, Inc. (HP)?

The 20Y average return on invested capital (ROIC) for HP stock is 5.36%.

DATE	RETURN ON INVESTED CAPITAL (ROIC)
2026-06-30	4.41%
2026-03-31	-1.32%
2025-12-31	-0.34%
2025-09-30	0.45%
2025-06-30	1.00%
2025-03-31	3.35%
2024-12-31	5.41%
2024-09-30	6.00%
2024-06-30	7.84%
2024-03-31	8.61%
2023-12-31	10.05%
2023-09-30	10.27%
2023-06-30	9.84%
2023-03-31	7.57%
2022-12-31	3.51%
2022-09-30	0.20%
2022-06-30	-3.24%
2022-03-31	-5.72%
2021-12-31	-7.09%
2021-09-30	-7.35%
2021-06-30	-8.90%
2021-03-31	-7.88%
2020-12-31	-4.77%
2020-09-30	-1.71%
2020-06-30	1.34%
2020-03-31	-1.29%
2019-12-31	-0.09%
2019-09-30	0.38%
2019-06-30	0.08%
2019-03-31	1.80%
2018-12-31	0.79%
2018-09-30	0.54%
2018-06-30	-0.36%
2018-03-31	-0.94%
2017-12-31	-2.00%
2017-09-30	-2.83%
2017-06-30	-3.82%
2017-03-31	-3.54%
2016-12-31	-1.78%
2016-09-30	-0.40%
2016-06-30	0.42%
2016-03-31	1.83%
2015-12-31	3.61%
2015-09-30	6.27%
2015-06-30	8.76%
2015-03-31	10.00%
2014-12-31	11.13%
2014-09-30	10.90%
2014-06-30	10.64%
2014-03-31	10.51%
2013-12-31	10.54%
2013-09-30	10.45%
2013-06-30	10.49%
2013-03-31	10.49%
2012-12-31	10.42%
2012-09-30	10.49%
2012-06-30	10.38%
2012-03-31	9.73%
2011-12-31	9.68%
2011-09-30	9.42%
2011-06-30	8.67%
2011-03-31	7.99%
2010-12-31	7.24%
2010-09-30	6.62%
2010-06-30	6.09%
2010-03-31	5.55%
2009-12-31	6.80%
2009-09-30	8.78%
2009-06-30	10.84%
2009-03-31	13.11%
2008-12-31	13.92%
2008-09-30	13.52%
2008-06-30	13.87%
2008-03-31	13.92%
2007-12-31	14.75%
2007-09-30	15.14%
2007-06-30	15.61%
2007-03-31	15.77%
2006-12-31	15.60%
2006-09-30	14.25%
2006-06-30	11.73%
2006-03-31	9.95%
2005-12-31	8.25%
2005-09-30	6.70%
2005-06-30	6.00%
2005-03-31	4.52%
2004-12-31	3.60%
2004-09-30	2.95%
2004-06-30	2.24%
2004-03-31	2.56%
2003-12-31	2.36%
2003-09-30	1.94%
2003-06-30	1.18%

DATE

RETURN ON INVESTED CAPITAL (ROIC)

2026-06-30

4.41%

2026-03-31

-1.32%

2025-12-31

-0.34%

2025-09-30

0.45%

2025-06-30

1.00%

2025-03-31

3.35%

2024-12-31

5.41%

2024-09-30

6.00%

2024-06-30

7.84%

2024-03-31

8.61%

2023-12-31

10.05%

2023-09-30

10.27%

2023-06-30

9.84%

2023-03-31

7.57%

2022-12-31

3.51%

2022-09-30

0.20%

2022-06-30

-3.24%

2022-03-31

-5.72%

2021-12-31

-7.09%

2021-09-30

-7.35%

2021-06-30

-8.90%

2021-03-31

-7.88%

2020-12-31

-4.77%

2020-09-30

-1.71%

2020-06-30

1.34%

2020-03-31

-1.29%

2019-12-31

-0.09%

2019-09-30

0.38%

2019-06-30

0.08%

2019-03-31

1.80%

2018-12-31

0.79%

2018-09-30

0.54%

2018-06-30

-0.36%

2018-03-31

-0.94%

2017-12-31

-2.00%

2017-09-30

-2.83%

2017-06-30

-3.82%

2017-03-31

-3.54%

2016-12-31

-1.78%

2016-09-30

-0.40%

2016-06-30

0.42%

2016-03-31

1.83%

2015-12-31

3.61%

2015-09-30

6.27%

2015-06-30

8.76%

2015-03-31

10.00%

2014-12-31

11.13%

2014-09-30

10.90%

2014-06-30

10.64%

2014-03-31

10.51%

2013-12-31

10.54%

2013-09-30

10.45%

2013-06-30

10.49%

2013-03-31

10.49%

2012-12-31

10.42%

2012-09-30

10.49%

2012-06-30

10.38%

2012-03-31

9.73%

2011-12-31

9.68%

2011-09-30

9.42%

2011-06-30

8.67%

2011-03-31

7.99%

2010-12-31

7.24%

2010-09-30

6.62%

2010-06-30

6.09%

2010-03-31

5.55%

2009-12-31

6.80%

2009-09-30

8.78%

2009-06-30

10.84%

2009-03-31

13.11%

2008-12-31

13.92%

2008-09-30

13.52%

2008-06-30

13.87%

2008-03-31

13.92%

2007-12-31

14.75%

2007-09-30

15.14%

2007-06-30

15.61%

2007-03-31

15.77%

2006-12-31

15.60%

2006-09-30

14.25%

2006-06-30

11.73%

2006-03-31

9.95%

2005-12-31

8.25%

2005-09-30

6.70%

2005-06-30

6.00%

2005-03-31

4.52%

2004-12-31

3.60%

2004-09-30

2.95%

2004-06-30

2.24%

2004-03-31

2.56%

2003-12-31

2.36%

2003-09-30

1.94%

2003-06-30

1.18%

Return on Invested Capital (ROIC): 4.41%

HP Return on Invested Capital (ROIC)

HP Average Return on Invested Capital (ROIC) Chart

HP Current vs Average Return on Invested Capital (ROIC) Chart

HP Return on Invested Capital (ROIC) Metrics

HP Competitors' Return on Invested Capital (ROIC)

Capital Efficiency

Return on Invested Capital (ROIC) Formula & Definition

Return on Invested Capital (ROIC) FAQ

HP Return on Invested Capital (ROIC) History

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