Helmerich & Payne, Inc. (HP) — Financial statements
Income statement, balance sheet, and cash flow for Helmerich & Payne, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 3,746↑35.9% | 2,757↓4.0% | 2,872↑39.5% | 2,059↑69.0% | 1,219 | |
| Cost of Revenue | 3,193↑57.5% | 2,028↓3.3% | 2,097↑14.6% | 1,830↑33.3% | 1,372 | |
| Gross Profit | 554↓24.1% | 729↓5.9% | 775↑238.2% | 229↑249.1% | -154 | |
| Operating Expenses | ||||||
| R&D Expenses | 34↓16.7% | 41↑36.3% | 30↑13.1% | 27↑22.3% | 22 | |
| General & Administrative Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Selling & Marketing Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| SG&A Expenses | 287↑17.2% | 245↑18.5% | 207↑13.3% | 182↑5.9% | 172 | |
| Other Expenses | 0.00↑100.0% | -9↑63.1% | -24↑5.8% | -25↓131.0% | 81 | |
| Operating Expenses | 321↑15.9% | 277↑30.0% | 213↑15.9% | 184↓33.1% | 275 | |
| Total Costs & Expenses | 3,514↑52.5% | 2,305↓0.3% | 2,311↑14.7% | 2,014↑22.3% | 1,647 | |
| Operating Results | ||||||
| Operating Income | 232↓48.6% | 452↓19.6% | 562↑1140.6% | 45↑110.6% | -429 | |
| Depreciation & Amortization | 625↑57.3% | 397↑3.9% | 382↓5.2% | 403↓3.9% | 420 | |
| EBITDA | 659↓27.4% | 907↓8.6% | 993↑118.9% | 454↑3185.2% | 14 | |
| EBIT | 34↓93.4% | 510↓16.5% | 611↑1108.7% | 51↑112.4% | -406 | |
| Interest & Other Income | ||||||
| Net Interest Income | -73↓701.3% | 12↑8.7% | 11↑1098.2% | -1↑91.9% | -14 | |
| Interest Income | 35↓14.5% | 41↑45.0% | 28↑57.0% | 18↑76.4% | 10 | |
| Interest Expense | 108↑270.6% | 29↑68.3% | 17↓10.0% | 19↓19.8% | 24 | |
| Non-Operating Income | 199↑441.2% | -58↓19.4% | -49↓832.6% | -5↑76.9% | -23 | |
| Other Income / Expenses | -306↓1152.3% | 29↓7.5% | 31↑325.4% | -14↓957.0% | -1 | |
| Income Before Tax | -74↓115.4% | 481↓18.9% | 593↑1794.6% | 31↑107.3% | -430 | |
| Income Tax Expense | 86↓37.3% | 137↓14.1% | 159↑553.7% | 24↑123.5% | -104 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -160↓146.5% | 344↓20.7% | 434↑6143.3% | 7↑102.1% | -326 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00↓100.0% | 0.40↓96.5% | 11 | |
| Net Income | -165↓148.0% | 344↓20.7% | 434↑6143.3% | 7↑102.1% | -326 | |
| Bottom-Line Net Income | -165↓148.6% | 339↓20.7% | 428↑7765.0% | 5↑101.7% | -328 | |
| EPS (Basic) | -1.66↓148.4% | 3.43↓17.9% | 4.18↑8032.3% | 0.05↑101.7% | -3.04 | |
| EPS (Diluted) | -1.66↓148.4% | 3.43↓17.5% | 4.16↑8040.9% | 0.05↑101.7% | -3.04 | |
| Weighted Average Shares | 99↑0.4% | 99↓3.5% | 102↓3.3% | 106↓1.8% | 108 | |
| Weighted Average Diluted Shares | 99↑0.2% | 99↓3.7% | 103↓3.5% | 107↓1.2% | 108 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.