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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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Home›HP›Financials
Annual statements · SEC XBRL · FY2016 – FY2025

Helmerich & Payne, Inc. (HP) financials

Income statement

Helmerich & Payne, Inc. (HP) income statement, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$1.62B$1.79B$2.47B$2.79B$1.76B$1.21B$2.05B$2.86B$2.75B$3.68B
Revenue growth—10.4%38.0%12.6%-36.8%-31.3%69.3%39.7%-4.1%34.0%
Operating income-$26.0M-$169M$33.0M$20.6M-$620M-$429M$45.3M$568M$457M$3.32M
Operating margin-1.6%-9.4%1.3%0.7%-35.2%-35.4%2.2%19.9%16.7%0.1%
Net income-$56.8M-$128M$483M-$33.7M-$494M-$326M$6.95M$434M$344M-$164M
Net margin-3.5%-7.2%19.5%-1.2%-28.1%-26.9%0.3%15.2%12.5%-4.4%
EPS (diluted)-$0.54-$1.20$4.37-$0.34-$4.60-$3.04$0.05$4.16$3.43-$1.66

Cash flow

Helmerich & Payne, Inc. (HP) cash flow, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$755M$371M$558M$856M$539M$136M$234M$834M$685M$543M
Capital expenditures$257M$398M$467M$458M$141M$82.1M$251M$395M$495M$426M
Free cash flow$497M-$26.4M$91.3M$397M$398M$54.3M-$17.0M$438M$190M$117M
Dividends paid$300M$306M$308M$313M$260M$109M$107M$201M$168M$101M

Balance sheet

Helmerich & Payne, Inc. (HP) balance sheet, annual, from SEC filings
Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$906M$521M$284M$348M$488M$918M$232M$257M$217M$197M
Total assets$6.83B$6.44B$6.21B$5.84B$4.83B$5.03B$4.36B$4.38B$5.78B$6.71B
Long-term debt$492M$493M$494M$479M$481M$542M$543M$545M$1.78B$2.06B
Shareholders' equity$4.56B$4.16B$4.38B$4.01B$3.32B$2.91B$2.77B$2.77B$2.92B$2.83B
Retained earnings$4.29B$3.86B$4.03B$3.71B$3.01B$2.57B$2.47B$2.71B$2.88B$2.62B
Shares (wtd avg diluted)108M109M109M109M108M108M107M103M99.1M99.3M

Every figure is extracted from Helmerich & Payne, Inc.’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Helmerich & Payne, Inc.'s annual revenue?
Helmerich & Payne, Inc. (HP) reported $3.68B of revenue for fiscal year 2025 — up 34.0% from $2.75B in FY2024, per its annual report filed with the SEC.
Is Helmerich & Payne, Inc. profitable?
Not in FY2025 — HP reported a net loss of $164M, per SEC filings.
What is Helmerich & Payne, Inc.'s free cash flow?
$117M in FY2025 (operating cash flow $543M minus $426M of capital expenditures), from the SEC cash-flow statement.
Does HP pay a dividend?
Yes — Helmerich & Payne, Inc. paid $101M in cash dividends during FY2025, per its SEC cash-flow statement.
Full HP analysis — verdict, score & filings →Is HP a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.