Helmerich & Payne, Inc. financial data

Symbol
HP on NYSE
Industry
Drilling Oil & Gas Wells
Location
222 N. Detroit Ave., Tulsa, Oklahoma
State of incorporation
Delaware
Fiscal year end
September 30
Latest financial report
10-Q - Q1 2024 - Apr 24, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 224 % -6.85%
Quick Ratio 23 % +5.86%
Return On Equity 12.8 % +8.31%
Return On Assets 8.04 % +8.07%
Operating Margin 17.3 % +7.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 98.7 M shares -3.76%
Common Stock, Shares, Outstanding 98.8 M shares -3.74%
Entity Public Float 3.7 B USD -17.8%
Common Stock, Value, Issued 11.2 M USD 0%
Weighted Average Number of Shares Outstanding, Basic 98.8 M shares -5%
Weighted Average Number of Shares Outstanding, Diluted 99 M shares -5.1%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.75 B USD +2.93%
Revenue from Contract with Customer, Excluding Assessed Tax 2.74 B USD +2.92%
Costs and Expenses 2.27 B USD +1.41%
Operating Income (Loss) 477 M USD +10.8%
Nonoperating Income (Expense) 14.4 M USD +108%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 491 M USD +12.4%
Income Tax Expense (Benefit) 138 M USD +22.4%
Net Income (Loss) Attributable to Parent 353 M USD +8.77%
Earnings Per Share, Basic 3.51 USD/shares +15.1%
Earnings Per Share, Diluted 3.48 USD/shares +14.5%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 194 M USD +21.3%
Cash, Cash Equivalents, and Short-term Investments 351 M USD -37.6%
Accounts Receivable, after Allowance for Credit Loss, Current 403 M USD -6.46%
Inventory, Net 107 M USD +7.85%
Other Assets, Current 2.04 M USD -74.8%
Assets, Current 949 M USD -5.54%
Property, Plant and Equipment, Net 2.99 B USD +2.13%
Operating Lease, Right-of-Use Asset 59.7 M USD +60.8%
Intangible Assets, Net (Excluding Goodwill) 57.4 M USD -10.1%
Goodwill 45.7 M USD 0%
Other Assets, Noncurrent 45.1 M USD +110%
Assets 4.42 B USD +1.35%
Accounts Payable, Current 158 M USD -1.13%
Employee-related Liabilities, Current 55.6 M USD -5.13%
Accrued Liabilities, Current 238 M USD +17.4%
Contract with Customer, Liability, Current 23.4 M USD +18.3%
Liabilities, Current 439 M USD +6.07%
Contract with Customer, Liability, Noncurrent 8.14 M USD +157%
Deferred Income Tax Liabilities, Net 502 M USD -7.08%
Operating Lease, Liability, Noncurrent 41 M USD +50%
Other Liabilities, Noncurrent 135 M USD +19.7%
Accumulated Other Comprehensive Income (Loss), Net of Tax -7.71 M USD +33.3%
Retained Earnings (Accumulated Deficit) 2.79 B USD +6.84%
Stockholders' Equity Attributable to Parent 2.8 B USD +1.72%
Liabilities and Equity 4.42 B USD +1.35%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 175 M USD -5.71%
Net Cash Provided by (Used in) Financing Activities -98.7 M USD +1.82%
Net Cash Provided by (Used in) Investing Activities -113 M USD -37.6%
Common Stock, Shares Authorized 160 M shares 0%
Common Stock, Shares, Issued 112 M shares 0%
Common Stock, Par or Stated Value Per Share 0.1 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -37 M USD -1497%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 262 M USD +23.1%
Interest Paid, Excluding Capitalized Interest, Operating Activities 927 K USD +1.31%
Deferred Tax Assets, Valuation Allowance 9.56 M USD -10.7%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 67.2 M USD +2.54%
Depreciation 382 M USD -1.12%
Payments to Acquire Property, Plant, and Equipment 136 M USD +42.1%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 357 M USD +7.34%
Lessee, Operating Lease, Liability, to be Paid 54.4 M USD +72.1%
Property, Plant and Equipment, Gross 7.73 B USD +3.24%
Operating Lease, Liability, Current 13.8 M USD +11.2%
Lessee, Operating Lease, Liability, to be Paid, Year Two 7.55 M USD -3.19%
Lessee, Operating Lease, Liability, to be Paid, Year One 10.5 M USD +7.85%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure +40%
Deferred Income Tax Expense (Benefit) -7.83 M USD -4264%
Lessee, Operating Lease, Liability, to be Paid, Year Three 5.39 M USD +19.8%
Preferred Stock, Shares Issued 0 shares
Preferred Stock, Shares Authorized 1 M shares 0%
Unrecognized Tax Benefits 247 K USD -74.3%
Lessee, Operating Lease, Liability, to be Paid, Year Four 5.06 M USD +149%
Operating Lease, Payments 3.26 M USD +31.9%
Amortization of Intangible Assets 6.4 M USD -8.57%
Depreciation, Depletion and Amortization 388 M USD -1.21%
Deferred Tax Assets, Net of Valuation Allowance 57.6 M USD +5.14%
Share-based Payment Arrangement, Expense 31.9 M USD +5.88%
Interest Expense 17.3 M USD +0.17%