HP
Helmerich and Payne Inc
NYSE: HP · ENERGY · OIL & GAS DRILLING
$41.05
+4.48% today
Updated 2026-04-29
Market cap
$4.17B
P/E ratio
—
P/S ratio
1.02x
EPS (TTM)
$-3.19
Dividend yield
2.55%
52W range
$14 – $41
Volume
1.3M
Helmerich and Payne Inc (HP) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.22B | $1.63B | $2.04B | $1.89B | $1.88B | $2.54B | $3.15B | $3.39B | $3.72B | $3.17B | $1.62B | $1.80B | $2.49B | $2.80B | $1.77B | $1.22B | $2.06B | $2.87B | $2.76B | $3.75B |
| Revenue growth (YoY) | — | +33.1% | +25.0% | -7.0% | -1.0% | +35.7% | +23.9% | +7.5% | +9.8% | -14.9% | -48.7% | +11.1% | +37.8% | +12.5% | -36.6% | -31.3% | +69.0% | +39.5% | -4.0% | +35.9% |
| Cost of revenue | $661.56M | $862.25M | $1.09B | $1.01B | $1.07B | $1.43B | $1.75B | $2.31B | $2.53B | $2.31B | $1.50B | $1.83B | $2.24B | $2.37B | $1.67B | $1.37B | $1.83B | $2.10B | $2.03B | $3.19B |
| Gross profit | $563.25M | $767.40M | $949.88M | $883.29M | $803.20M | $1.11B | $1.40B | $1.08B | $1.19B | $854.29M | $126.84M | $-30.12M | $250.86M | $427.10M | $107.25M | $-153.76M | $229.19M | $775.01M | $729.04M | $553.50M |
| Gross margin | 46.0% | 47.1% | 46.6% | 46.6% | 42.8% | 43.7% | 44.5% | 31.9% | 31.9% | 27.0% | 7.8% | -1.7% | 10.1% | 15.3% | 6.0% | -12.6% | 11.1% | 27.0% | 26.4% | 14.8% |
| R&D | — | — | $1.83M | $9.67M | $12.26M | $15.76M | $16.06M | $15.23M | $15.90M | $16.10M | $10.27M | $12.05M | $18.17M | $27.47M | $21.64M | $21.72M | $26.56M | $30.05M | $40.97M | $34.13M |
| SG&A | $51.87M | $47.40M | $57.06M | $59.41M | $81.48M | $91.45M | $107.31M | $126.25M | $135.14M | $134.91M | $146.18M | $151.00M | $200.62M | $194.42M | $167.51M | $172.19M | $182.37M | $206.66M | $244.88M | $287.05M |
| Operating income | $417.29M | $632.32M | $703.95M | $583.53M | $451.80M | $702.51M | $890.38M | $956.66M | $1.05B | $675.75M | $-25.97M | $-172.54M | $31.60M | $213.09M | $-620.19M | $-428.55M | $45.29M | $561.89M | $451.90M | $232.32M |
| Operating margin | 34.1% | 38.8% | 34.6% | 30.8% | 24.1% | 27.6% | 28.2% | 28.2% | 28.4% | 21.3% | -1.6% | -9.6% | 1.3% | 7.6% | -35.0% | -35.2% | 2.2% | 19.6% | 16.4% | 6.2% |
| EBITDA | $518.87M | $778.36M | $914.71M | $825.74M | $718.05M | $1.02B | $1.30B | $1.58B | $1.62B | $1.28B | $548.83M | $420.69M | $623.91M | $532.07M | $-130.14M | $13.81M | $453.69M | $992.98M | $907.46M | $658.78M |
| EBITDA margin | 42.4% | 47.8% | 44.9% | 43.6% | 38.3% | 40.1% | 41.2% | 46.5% | 43.7% | 40.6% | 33.8% | 23.3% | 25.1% | 19.0% | -7.3% | 1.1% | 22.0% | 34.6% | 32.9% | 17.6% |
| EBIT | $417.29M | $632.32M | $703.95M | $589.30M | $455.39M | $704.42M | $911.23M | $1.12B | $1.10B | $677.95M | $-49.75M | $-164.85M | $40.11M | $-26.03M | $-612.02M | $-405.92M | $50.52M | $610.66M | $510.11M | $33.70M |
| Interest expense | $0.00 | $0.00 | $0.00 | $13.49M | $17.16M | $17.36M | $8.65M | $6.13M | $4.66M | $15.04M | $22.91M | $19.75M | $24.27M | $25.19M | $24.47M | $23.95M | $19.20M | $17.28M | $29.09M | $107.81M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $293.86M | $449.26M | $461.74M | $353.55M | $156.31M | $434.19M | $581.04M | $736.64M | $708.72M | $422.23M | $-56.83M | $-128.21M | $482.67M | $-32.51M | $-494.50M | $-326.15M | $6.95M | $434.10M | $344.17M | $-165.09M |
| Net income growth (YoY) | — | +52.9% | +2.8% | -23.4% | -55.8% | +177.8% | +33.8% | +26.8% | -3.8% | -40.4% | -113.5% | -125.6% | +476.5% | -106.7% | -1421.1% | +34.0% | +102.1% | +6143.3% | -20.7% | -148.0% |
| Profit margin | 24.0% | 27.6% | 22.7% | 18.7% | 8.3% | 17.1% | 18.4% | 21.7% | 19.1% | 13.3% | -3.5% | -7.1% | 19.4% | -1.2% | -27.9% | -26.8% | 0.3% | 15.1% | 12.5% | -4.4% |