Stocktoria

Helmerich & Payne, Inc. HP

NYSE · stock · Drilling Oil & Gas Wells · website · IPO 1963-03-20 · LEI

Helmerich & Payne, Inc. statistics & valuation

Market cap$3.4B
P / S0.9×
P / B1.2×
P / FCF29.0×
Dividend yield2.98%
Net margin-4.4%
Return on equity-5.8%
FCF margin3.1%
Net debt$1.9B
Net debt / EBITDA3×
Enterprise value USD$5.2B
EV / EBITDA8.3×
Earnings yield EBIT/EV0.1%
Return on capital0.1%

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports.

Profitability & efficiency

Net margin (%)
-3.50% -7.10% 19.40% -1.20% -27.90% -26.80% 0.30% 15.10% 12.50% -4.40% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
-1.60% -9.40% 1.30% 0.70% -35.00% -35.20% 2.20% 19.80% 16.60% 0.10% 2016201720182019202020212022202320242025
Return on equity (%)
-1.20% -3.10% 11.00% -0.80% -14.90% -11.20% 0.30% 15.70% 11.80% -5.80% 2016201720182019202020212022202320242025
Shares outstanding
108.1M 108.6M 109.4M 109.2M 108.0M 107.9M 106.6M 102.9M 99.1M 99.4M 2016201720182019202020212022202320242025
Net debt ($)
-$413.7M -$28.5M $209.6M $131.4M -$7.2M $107.9M $310.5M $288.0M $1.56B $1.87B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-0.80% -2.00% 7.80% -0.60% -10.20% -6.50% 0.20% 9.90% 6.00% -2.40% 2016201720182019202020212022202320242025
Free cash flow margin (%)
30.60% -1.50% 3.70% 14.20% 22.40% 4.50% -0.80% 15.30% 6.90% 3.10% 2016201720182019202020212022202320242025
Debt / equity (×)
0.11× 0.12× 0.11× 0.12× 0.14× 0.35× 0.20× 0.20× 0.61× 0.73× 2016201720182019202020212022202320242025
EPS ($)
-$0.54 -$1.20 $4.37 -$0.34 -$4.60 -$3.04 $0.05 $4.16 $3.43 -$1.66 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Helmerich & Payne, Inc. trades at about 12.5× earnings — near its 10-year norm (10-year range 9×–990.2×, median 13.3×).

9× 990.2×

Shaded band = 10-year range (9×–990.2×); dot = today's 12.5×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin0.1%16.6%19.8%2.2%-35.2%-35.0%0.7%1.3%-9.4%-1.6%
Net margin-4.4%12.5%15.1%0.3%-26.8%-27.9%-1.2%19.4%-7.1%-3.5%
FCF margin3.1%6.9%15.3%-0.8%4.5%22.4%14.2%3.7%-1.5%30.6%
Return on assets-2.4%6.0%9.9%0.2%-6.5%-10.2%-0.6%7.8%-2.0%-0.8%
Return on equity-5.8%11.8%15.7%0.3%-11.2%-14.9%-0.8%11.0%-3.1%-1.2%
Debt / equity0.73×0.61×0.20×0.20×0.35×0.14×0.12×0.11×0.12×0.11×
Current ratio1.802.672.402.541.834.402.722.963.594.76

Computed from company filings · US · as of 2025-09-30. Facts plus Stocktoria's own computed scores — not investment advice.