Helmerich & Payne, Inc. (HP) Financial Statements
Industry: Drilling Oil & Gas Wells
In fiscal 2025, Helmerich & Payne reported revenue of $3.75B, up 35.9% from $2.76B the year before. Net income was -$163.7M (a -4.4% net margin), or -$1.66 per diluted share. Gross margin was 0.1% and operating margin was 0.1%. Operating activities generated $543.0M of cash, leaving $116.6M of free cash flow. At fiscal year end, Helmerich & Payne held $6.71B in total assets against $3.88B in total liabilities, including $196.8M of cash and equivalents.
Open the full interactive Helmerich & Payne financials → Quarterly statements, key ratios, valuation history and price charts.
Helmerich & Payne Key Stats
| Share Price | $39.08 |
|---|---|
| Market Cap | $3.91B |
| Revenue YoY Growth | +35.9% |
| 52-Week Range | $22.08 – $47.64 |
| Shares Outstanding | 99.9 million (basic, 2026 Q3) |
Helmerich & Payne Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $1.77B | $1.22B | $2.06B | $2.87B | $2.76B | $3.75B |
| Cost of Goods Sold | $2.39B | $1.65B | $2.01B | $2.31B | $2.30B | $3.74B |
| Gross Profit | -$620.2M | -$428.5M | $45.3M | $561.9M | $451.9M | $3.3M |
| Operating Income | -$620.2M | -$428.5M | $45.3M | $561.9M | $451.9M | $3.3M |
| Pre-Tax Income | -$636.5M | -$441.2M | $30.9M | $593.4M | $481.0M | -$74.1M |
| Income Tax | -$140.1M | -$103.7M | $24.4M | $159.3M | $136.9M | $85.8M |
| Net Income | -$494.5M | -$326.1M | $7.0M | $434.1M | $344.2M | -$163.7M |
| Diluted EPS | -$4.60 | -$3.04 | $0.05 | $4.16 | $3.43 | -$1.66 |
Helmerich & Payne Quarterly Results
| 2025 Q4 | 2026 Q1 | 2026 Q2 | 2026 Q3 | |
|---|---|---|---|---|
| Revenue | $1.01B | $1.02B | $932.4M | $1.03B |
| Net Income | -$57.4M | -$96.7M | -$58.6M | $75.7M |
| Diluted EPS | -$0.58 | -$0.98 | -$0.59 | $0.74 |
Helmerich & Payne Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $487.9M | $917.5M | $232.1M | $257.2M | $217.3M | $196.8M |
| Current Assets | $963.3M | $1.59B | $1.00B | $1.01B | $1.19B | $1.47B |
| Total Assets | $4.83B | $5.03B | $4.36B | $4.38B | $5.78B | $6.71B |
| Current Liabilities | $219.1M | $866.3M | $394.8M | $418.9M | $446.9M | $814.8M |
| Total Long-Term Debt | $480.7M | $1.03B | $542.6M | $545.1M | $1.78B | $2.06B |
| Total Liabilities | $1.51B | $2.12B | $1.59B | $1.61B | $2.86B | $3.88B |
| Shareholders' Equity | $3.32B | $2.91B | $2.77B | $2.77B | $2.92B | $2.83B |
Helmerich & Payne Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $538.9M | $136.4M | $233.9M | $833.7M | $684.7M | $543.0M |
| Cash From Investing | -$87.9M | -$162.0M | -$167.3M | -$322.6M | -$458.7M | -$1.93B |
| Cash From Financing | -$297.2M | $425.5M | -$734.3M | -$463.9M | $986.5M | $66.7M |
| Free Cash Flow | $398.1M | $54.3M | -$17.0M | $438.2M | $189.6M | $116.6M |
Figures from Helmerich & Payne's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Helmerich & Payne financials page for every line item.
Helmerich & Payne Company Profile
| Ticker | HP |
|---|---|
| Exchange | NYSE |
| Industry | Drilling Oil & Gas Wells |
| Headquarters | Tulsa, Oklahoma |
| Incorporated in | Delaware |
| Fiscal Year End | September 30 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0000046765 |
Frequently Asked Questions
What was Helmerich & Payne's revenue in fiscal 2025?
Helmerich & Payne (HP) reported revenue of $3.75B for fiscal 2025.
What is Helmerich & Payne's annual revenue history?
Helmerich & Payne's annual revenue by fiscal year: 2020: $1.77B; 2021: $1.22B; 2022: $2.06B; 2023: $2.87B; 2024: $2.76B; 2025: $3.75B.
What was Helmerich & Payne's net income in fiscal 2025?
Helmerich & Payne reported net income of -$163.7M for fiscal 2025.
What was Helmerich & Payne's earnings per share (EPS) in fiscal 2025?
Helmerich & Payne's diluted EPS was -$1.66 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Helmerich & Payne generate in fiscal 2025?
Helmerich & Payne generated $116.6M of free cash flow in fiscal 2025.
What was Helmerich & Payne's revenue last quarter?
In its most recent reported quarter (2026 Q3), Helmerich & Payne reported revenue of $1.03B.
How much debt does Helmerich & Payne have?
Helmerich & Payne reported $2.06B of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Helmerich & Payne are outstanding?
Helmerich & Payne reported a weighted average of 99.9 million basic shares outstanding in 2026 Q3.
What is Helmerich & Payne's market cap?
Based on its latest closing price, Helmerich & Payne (HP) has a market capitalization of about $3.91B.
When does Helmerich & Payne's fiscal year end?
Helmerich & Payne's fiscal year end, as registered with the SEC, is September 30.
Where is Helmerich & Payne headquartered?
Helmerich & Payne lists its business address in Tulsa, Oklahoma in its SEC filings.