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NYSE · Energy

Helmerich & Payne, Inc. (HP)

As-reported financials and SEC filings for Helmerich & Payne, Inc. The latest annual period is FY2025. The latest reported quarter is Q3 FY2026. Financial statements come straight from the company’s EDGAR filings; valuation figures such as P/E and market cap use market data.

About Helmerich & Payne, Inc.

Helmerich & Payne, Inc. provides drilling solutions and technologies for oil and gas exploration and production companies. The company operates a fleet of land and offshore drilling rigs primarily in North America, the Middle East, South America, Europe, and Africa. Its services include drilling complex wells in shale and unconventional resource plays, serving a customer base of major, independent, and national oil companies.

Snapshot

Revenue
$3.68B
Revenue growth (YoY)
34.0%
Net income
$-163.7M
Diluted EPS
$-1.66
Gross margin
—
Operating margin
0.1%
Net margin
-4.4%
FCF margin
3.2%
ROE
-5.8%
net income / fiscal-year-end equity
P/E
n/m
not meaningful: a reported loss in the fiscal year or the trailing twelve months
Market cap
$3.86B
Long-term debt / equity
0.73×
non-current term debt only

Fundamentals are from SEC filings for FY2025, the latest annual period (ended September 30, 2025). P/E and market cap are derived from stored market prices, last retrieved on a rolling basis and typically within the past week.

What changed at Helmerich & Payne

  • Revenue grew 34.0% to $3.7B in FY2025, after a 4.1% decline the year before.
  • Operating margin turned positive at 0.1% in FY2025, from a 35.4% operating loss in FY2021.
  • Most recent quarter Q3 FY2026: revenue $987M, down 4.9% from Q3 FY2025.
  • Free cash flow was $117M in FY2025, 3.2% of revenue.
  • Net income turned to a $164M loss in FY2025, from a $344M profit in FY2024.

Computed from the as-reported figures in the statements below. A change we cannot state from filed figures is left out rather than estimated.

Peer comparison

Where Helmerich & Payne’s fundamentals sit among the 133 Energy companies. Each figure is ranked only against peers that report it, from lowest (left) to highest (right).

Operating margin0.1%
22nd percentile of 110
Net margin-4.4%
17th percentile of 128
FCF margin3.2%
36th percentile of 76
Revenue growth (YoY)+34.0%
87th percentile of 131
ROE-5.8%
12th percentile of 104
Long-term debt / equity0.73×
73rd percentile of 87
Short interest5.72d
72nd percentile of 131

Helmerich & Payne’s return on equity of -5.8% ranks in the 12th percentile of the 104 Energy companies reporting it. Helmerich & Payne’s revenue growth of +34.0% ranks in the 87th percentile of the 131 Energy companies reporting it.

No reported insider purchases (code P) in the last 90 days; 8 insider sales totaling $5.7M. For context, about 15% of companies in the universe saw any reported insider purchase (code P) in the same window. Browse insider activity →

Percentiles describe where a figure sits among sector peers reporting it (100th = highest). They are position within a peer group, not a rating, and not investment advice. Short interest ranking uses days to cover from FINRA Consolidated Short Interest data; FINRA is the owner and source of that data, included at no additional charge.

Institutional ownership

Held by 2 of the superinvestors we track (plus 6 quant / multi-strat books), based on each investor’s most recent 13F; periods vary by investor (newest: Q2 2026).

Conviction investors
2
+6 quant / multi-strat
Initiated / added
5
0 new, 5 added
Reduced / exited
3
3 trimmed, 0 exited
Combined position
$97.2M
reported long value
InvestorAs ofPosition valueSharesChange
Citadel AdvisorsquantQ2 2026$62.2M1.9MReduced
Bridgewater AssociatesQ2 2026$15.5M473.0KAdded
Millennium ManagementquantQ2 2026$8.4M256.4KAdded
AQR Capital ManagementquantQ2 2026$4.7M143.6KAdded
Renaissance TechnologiesquantQ2 2026$4.6M139.2KReduced
Two Sigma InvestmentsquantQ2 2026$861,02926.3KReduced
D. E. ShawquantQ2 2026$704,89221.5KAdded
Gotham Asset ManagementQ2 2026$262,0848.0KAdded

From quarterly Form 13F filings, which can be up to 45 days delayed. Long US-listed positions only: excludes short positions, options, cash, bonds, and non-US holdings, so this is not a manager’s complete portfolio. Counts are of the investors we track, not all institutions. Not investment advice.

Recent insider activity

Non-derivative buys and sells (codes P/S) reported by officers, directors and 10% owners on SEC Form 4.

Buys (90d)
0
code P
Bought (90d)
—
code P value
Sells (90d)
8
$5.7M
Reported activity
Net selling
by $ value, 90d
Trade dateInsiderTypeSharesPriceValue
2026-09-01
filed 2026-09-02
Michael LennoxEVP, WESTERN HEMISPHERE LANDSell10.0K$45.00$450K
2026-08-20
filed 2026-08-24
Hans HelmerichDirectorSell65.0K$43.90$2.9M
2026-08-20
filed 2026-08-24
Hans HelmerichDirectorSell25.0K$43.90$1.1M
2026-08-20
filed 2026-08-24
Hans HelmerichDirectorSell4.5K$43.90$196K
2026-08-17
filed 2026-08-18
Cara M. HairSVP, CORP. SERVICES & CLOSell11.1K$44.27$494K
2026-08-14
filed 2026-08-18
Sara Marie MomperVP, CAOSell5.1K$44.28$224K
2026-08-10
filed 2026-08-12
Michael LennoxEVP, WESTERN HEMISPHERE LANDSell5.0K$40.00$200K
2026-07-22
filed 2026-07-24
Michael LennoxEVP, WESTERN HEMISPHERE LANDSell5.0K$35.00$175K
2026-05-18
filed 2026-05-19
Cara M. HairSVP, CORP. SERVICES & CLOSell28.3K$41.45$1.2M

Reported non-derivative purchases and sales (codes P/S), which may be open-market or private. Excludes option exercises, grants, and shares withheld for taxes. Dates shown are the trade date; a Form 4 can be filed days to years later. A sale can be routine (e.g. a pre-set 10b5-1 plan), so read individual transactions in context. From SEC Form 4. Not investment advice.

Short interest

Total shares sold short as of each twice-monthly FINRA settlement. Rising short interest means more investors are positioned against the stock; days to cover estimates how many trading days of average volume that position represents.

Shares short
6.9M
settled 2026-09-30
Change vs prior
-5.6%
vs previous settlement
Days to cover
5.72
at avg daily volume
Avg daily volume
1.2M
FINRA reported
SettlementShares shortChangeDays to cover
2026-09-306.9M-5.6%5.72
2026-09-157.3M-0.1%5.67
2026-08-317.3M-11.7%6.18
2026-08-148.3M-1.5%4.91
2026-07-318.4M-4.9%9.02
2026-07-158.8M-3.2%7.19
2026-06-309.1M+19.8%6.12
2026-06-157.6M-7.3%6.90

Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data, which is included at no additional charge for your own personal or professional use; republishing or redistributing it is not permitted. Settlement dates are shown; FINRA publishes each settlement about nine business days later, so the latest figure can be two to four weeks old. Not presented as a percentage of float. No FINRA endorsement of this product is implied. Not investment advice.

Income statement (as reported)

 FY2025FY2024FY2023FY2022FY2021
Revenue$3.68B$2.75B$2.86B$2.05B$1.21B
Gross profit—————
Operating income$3.3M$457.4M$568.3M$45.3M$-428.5M
Net income$-163.7M$344.2M$434.1M$7.0M$-326.1M
Diluted EPS$-1.66$3.43$4.16$0.05$-3.04

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Balance sheet (as reported)

 FY2025FY2024FY2023FY2022FY2021
Cash and equivalents$196.8M$217.3M$257.2M$232.1M$917.5M
Current assets$1.47B$1.19B$1.01B$1.00B$1.59B
Total assets$6.71B$5.78B$4.38B$4.36B$5.03B
Current liabilities$814.8M$446.9M$418.9M$394.8M$866.3M
Long-term debt$2.06B$1.78B$545.1M$542.6M$542.0M
Total liabilities
Total equity$2.83B$2.92B$2.77B$2.77B$2.91B

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Cash flow (as reported)

 FY2025FY2024FY2023FY2022FY2021
Operating cash flow$543.0M$684.7M$833.7M$233.9M$136.4M
Capital expenditure$426.4M$495.1M$395.5M$250.9M$82.1M
Free cash flow

Figures as reported to the SEC. Underlined values link to the filing they came from; dotted values are calculated by us from reported figures; “adj” means restated for a stock split (tap or hover a figure to see how it was calculated or what was filed). Full details: where the numbers come from.

Quarterly trend

QuarterRevenueRevenue YoYNet incomeDiluted EPS
Q3 FY2026$986.9M-4.9%$75.7M$0.74
Q2 FY2026$906.4M-10.5%$-58.6M$-0.59
Q1 FY2026$981.1M45.4%$-96.7M$-0.98
Q4 FY202538.0%
Q3 FY2025$1.04B49.3%$-162.8M$-1.64
Q2 FY2025$1.01B47.8%$1.7M$0.01
Q1 FY2025$674.6M0.0%$54.8M$0.54
Q4 FY20245.2%

Latest 8 quarters, from company XBRL filings on SEC EDGAR. A dotted underline marks a fourth-quarter figure we calculated from the full year and the first nine months. Revenue YoY is our calculation too: each quarter against the same quarter a year earlier.

Company facts

ExchangeNYSE
SectorEnergy
SIC industryDrilling Oil & Gas Wells
Latest annual periodFY2025 (ended September 30, 2025)
Latest reported quarterQ3 FY2026 (ended June 30, 2026)
Oldest indexed filing2016
SEC CIK46765

Selected SEC filings

10-Q2026-08-06
View on EDGAR →
10-Q2026-05-07
View on EDGAR →
10-Q2026-02-05
View on EDGAR →
8-K2026-10-07
View on EDGAR →
8-K2026-09-22
View on EDGAR →
8-K2026-09-16
View on EDGAR →
8-K2026-08-05
View on EDGAR →

Largest Energy peers

All Energy companies →

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Data sourced from SEC EDGAR. Figures are as-reported and may be unaudited or restated; verify against the source filing before relying on them. Informational only. Not investment advice.