Revenue
$3.75B
Fiscal year ended 2025-09-30Operating income
$3.32M
Fiscal year ended 2025-09-30Free cash flow
$116.58M
Fiscal year ended 2025-09-30Helmerich & Payne, Inc. (HP) reported revenue of $3.75B and net income of -$163.70M for the fiscal year ended 2025-09-30. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Helmerich & Payne, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Drilling Oil & Gas Wells.
Income
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $3.75B | $2.76B | $2.87B | $2.06B | $1.22B | $1.77B | $2.80B | $2.49B | $1.80B | $1.62B |
| Cost of revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Gross profit | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating income | $3.32M | $457.45M | $568.31M | $45.29M | -$428.55M | -$620.19M | $20.58M | $32.96M | -$169.09M | -$25.97M |
| Net income | -$163.70M | $344.16M | $434.10M | $6.95M | -$326.15M | -$494.50M | -$33.66M | $482.67M | -$128.21M | -$56.83M |
| Research & development | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Weighted-average diluted shares | shares 99.27M | shares 99.07M | shares 102.85M | shares 106.56M | shares 107.82M | shares 108.01M | shares 109.22M | shares 109.39M | shares 108.50M | shares 108.00M |
| Pretax income | -$74.11M | $481.02M | $593.38M | $31.32M | -$429.87M | -$636.50M | -$51.22M | $15.84M | -$184.60M | -$72.67M |
| Income tax expense | $85.84M | $136.86M | $159.28M | $24.37M | -$103.72M | -$140.11M | -$18.71M | -$477.17M | -$56.74M | -$19.68M |
| Diluted EPS | $-1.66 | $3.43 | $4.16 | $0.05 | $-3.04 | $-4.60 | $-0.34 | $4.37 | $-1.20 | $-0.54 |
| Selling, general & administrative | $287.05M | $244.88M | $206.69M | $182.37M | $172.20M | $167.51M | $194.42M | $199.26M | $147.55M | $146.18M |
| General & administrative | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | $151.00M | $146.18M |
| Selling & marketing | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
Balance
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & equivalents | $196.85M | $217.34M | $257.17M | $232.13M | $917.53M | $487.88M | $347.94M | $284.36M | $521.38M | $905.56M |
| Total assets | $6.71B | $5.78B | $4.38B | $4.36B | $5.03B | $4.83B | $5.84B | $6.21B | $6.44B | $6.83B |
| Current assets | $1.47B | $1.19B | $1.01B | $1.00B | $1.59B | $963.33M | $1.12B | $1.12B | $1.24B | $1.57B |
| Total liabilities | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Current liabilities | $814.84M | $446.95M | $418.93M | $394.81M | $866.31M | $219.14M | $410.24M | $377.17M | $344.38M | $330.12M |
| Total equity incl. NCI | $2.83B | $2.92B | $2.77B | $2.77B | $2.91B | $3.32B | $4.01B | $4.38B | $4.16B | $4.56B |
| Temporary (mezzanine) equity | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Inventory | $324.33M | $117.88M | $94.23M | $87.96M | $84.06M | $104.18M | $149.65M | $158.13M | $137.20M | $124.32M |
| Accounts receivable | $782.64M | $418.59M | $403.09M | $430.94M | $204.42M | $150.25M | $461.77M | $530.86M | $398.35M | $287.00M |
| Goodwill | $182.85M | $45.65M | $45.65M | $45.65M | $45.65M | $45.65M | $82.79M | $64.78M | $51.70M | $4.72M |
| Long-term debt | $2.06B | $1.78B | $545.14M | $542.61M | $542.00M | $480.73M | $479.36M | $493.97M | $492.90M | $491.85M |
| Accounts payable | $217.92M | $135.08M | $130.85M | $126.97M | $72.00M | $36.47M | $45.38M | $132.66M | $135.63M | $95.42M |
Cash flow
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $542.95M | $684.66M | $833.68M | $233.91M | $136.44M | $538.88M | $855.75M | $557.85M | $371.20M | $754.53M |
| Capital expenditures | $426.37M | $495.07M | $395.46M | $250.89M | $82.15M | $140.80M | $458.40M | $466.58M | $397.57M | $257.17M |
| Investing cash flow | -$1.93B | -$458.75M | -$322.58M | -$167.32M | -$161.99M | -$87.88M | -$422.64M | -$472.36M | -$444.99M | -$234.22M |
| Financing cash flow | $66.66M | $986.51M | -$463.87M | -$734.30M | $425.52M | -$297.22M | -$376.33M | -$319.81M | -$300.83M | -$344.14M |
| Net change in cash | -$1.30B | $1.21B | $47.23M | -$667.71M | $399.97M | $153.78M | $56.79M | -$234.32M | -$374.62M | $176.18M |
| Stock-based compensation | $31.59M | $31.20M | $32.46M | $28.03M | $27.86M | $36.33M | $34.29M | $31.69M | $26.18M | $24.38M |
| Common dividends paid | $100.74M | $168.46M | $201.46M | $107.40M | $109.13M | $260.34M | $313.42M | $308.43M | $305.52M | $300.15M |
| Common share repurchases | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Depreciation & amortization | $625.08M | $397.34M | $382.31M | $403.17M | $419.73M | $481.88M | $562.80M | $583.80M | $585.54M | $598.59M |
Derived
| Metric | 2025-09-30 | 2024-09-30 | 2023-09-30 | 2022-09-30 | 2021-09-30 | 2020-09-30 | 2019-09-30 | 2018-09-30 | 2017-09-30 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Free cash flow | $116.58M | $189.59M | $438.22M | -$16.98M | $54.29M | $398.09M | $397.35M | $91.27M | -$26.37M | $497.36M |
| Gross margin | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Operating margin | 0.1% | 16.6% | 19.8% | 2.2% | -35.2% | -35.0% | 0.7% | 1.3% | -9.4% | -1.6% |
| FCF margin | 3.1% | 6.9% | 15.3% | -0.8% | 4.5% | 22.4% | 14.2% | 3.7% | -1.5% | 30.6% |
| SBC / revenue | 0.8% | 1.1% | 1.1% | 1.4% | 2.3% | 2.0% | 1.2% | 1.3% | 1.5% | 1.5% |
| Current ratio | 1.80x | 2.67x | 2.40x | 2.54x | 1.83x | 4.40x | 2.72x | 2.96x | 3.59x | 4.76x |
| Revenue YoY growth | 35.9% | -4.0% | 39.5% | 69.0% | -31.3% | -36.6% | 12.5% | 37.8% | 11.1% | Unavailable |
| Net margin | -4.4% | 12.5% | 15.1% | 0.3% | -26.8% | -27.9% | -1.2% | 19.4% | -7.1% | -3.5% |
| R&D / revenue | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| CapEx / revenue | 11.4% | 18.0% | 13.8% | 12.2% | 6.7% | 7.9% | 16.4% | 18.8% | 22.0% | 15.8% |
| Long-term debt / equity | 0.73x | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable | Unavailable |
| Effective tax rate | Unavailable | 28.5% | 26.8% | 77.8% | Unavailable | Unavailable | Unavailable | -3012.2% | Unavailable | Unavailable |
Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open HP in the interactive workspace to inspect any figure back to its filing.
Source filings
10-Q · Filed 2026-08-06View SEC filing
10-Q · Filed 2026-05-07View SEC filing
10-Q · Filed 2026-02-05View SEC filing
10-K · Filed 2025-11-21View SEC filing
10-Q · Filed 2025-08-11View SEC filing
10-Q · Filed 2025-05-09View SEC filing
Every accounting identity this site checks — the balance sheet, the gross profit bridge and the cash flow statement — reconciles in every period shown.