← Helmerich & Payne, Inc.
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $1.6b |
$1.8b
+11.11%
|
$2.5b
+37.82%
|
$2.8b
+11.99%
|
$1.8b
-36.76%
|
$1.2b
-31.27%
|
$2.0b
+69.30%
|
$2.9b
+39.65%
|
$2.7b
-4.07%
|
$3.7b
+33.96%
|
$4.0b
+8.63%
|
|
| Other Cost of Operating Revenue | $6.1m | $6.7m | $26.2m | $5.4m | $5.8m | $5.1m | $4.6m | $4.5m | $4.5m | $56.0m | — | |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $1.5b |
$1.2b
-19.81%
|
$1.7b
+37.82%
|
$1.8b
+8.48%
|
$1.2b
-34.30%
|
$952.6m
-19.60%
|
$1.4b
+49.76%
|
$1.7b
+20.22%
|
$1.6b
-4.95%
|
$2.5b
+54.05%
|
$3.5b
+37.61%
|
|
| Gross Profit | $120.2m |
$598.7m
+397.98%
|
$825.1m
+37.82%
|
$982.4m
+19.07%
|
$576.9m
-41.27%
|
$258.2m
-55.25%
|
$623.3m
+141.38%
|
$1.1b
+84.13%
|
$1.1b
-2.76%
|
$1.2b
+4.60%
|
$540.0m
-53.73%
|
|
| Research and development | $10.3m | $12.0m | $18.2m | $27.5m | $21.6m | $21.7m | $26.6m | $30.0m | $41.0m | $34.1m | $27.1m | |
| General and Administrative Expense | $146.2m | $151.0m | $200.6m | $194.4m | $167.5m | $172.2m | $182.4m | $206.7m | $244.9m | $287.1m | — | |
| Amortization of Intangible Assets | — | $1.1m | $5.4m | $5.8m | $7.2m | $7.2m | $7.2m | $6.6m | $6.4m | $50.6m | — | |
| Operating Lease, Expense | — | — | — | — | $18.6m | $17.3m | $11.2m | $12.4m | — | — | — | |
| Restructuring and Related Cost, Incurred Cost | — | — | — | — | — | — | — | — | — | $12.1m | — | |
| Restructuring Costs | — | — | $0 | $0 | $16.0m | $5.9m | $838k | $0 | $0 | $12.1m | — | |
| Restructuring charges | — | — | $0 | $0 | $16.0m | $5.9m | $838k | $0 | $0 | $12.1m | — | |
| Operating expenses: | ||||||||||||
| Drilling services operating expenses, excluding depreciation and amortization | — | $1.2b | $1.6b | $1.8b | $1.2b | $952.6m | $1.4b | $1.7b | $1.6b | $2.5b | — | |
| Other operating expenses | $6.1m | $6.7m | $26.2m | $5.4m | $5.8m | $5.1m | $4.6m | $4.5m | $4.5m | $56.0m | — | |
| Total operating costs and expenses | $1.7b | $2.0b | $2.5b | $2.8b | $2.4b | $1.6b | $2.0b | $2.3b | $2.3b | $3.7b | — | |
| Other Operating Income | ($26.0m) | ($172.5m) | $31.6m | $12.9m | $12.2m | $7.8m | $9.1m | $9.7m | $10.5m | $67.4m | — | |
| Operating Income (Loss) | ($26.0m) |
($172.5m)
-564.49%
|
$31.6m
+118.32%
|
$20.6m
-34.87%
|
($620.2m)
-3113.25%
|
($428.5m)
+30.90%
|
$45.3m
+110.57%
|
$561.9m
+1140.59%
|
$451.9m
-19.58%
|
$3.3m
-99.27%
|
$120.6m
+3534.60%
|
|
| Foreign Currency Transaction Gain (Loss), before Tax | ($9.3m) | ($7.1m) | ($4.0m) | ($8.2m) | ($8.8m) | ($5.3m) | ($5.9m) | ($6.4m) | ($5.5m) | ($9.7m) | — | |
| Gain (Loss) on Investments | ($26.0m) | $0 | $1k | ($54.5m) | ($8.7m) | $6.7m | $57.9m | $11.3m | $14.0m | ($22.4m) | — | |
| Gain (loss) on investment securities | ($26.0m) | $0 | $1k | ($54.5m) | ($8.7m) | $6.7m | $57.9m | $11.3m | $14.0m | ($22.4m) | — | |
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement | — | ($1.6m) | ($913k) | ($2.0m) | ($3.0m) | ($3.4m) | ($9.0m) | $0 | $0 | — | — | |
| Other Nonoperating Income (Expense) | ($965k) | $1.8m | $486k | ($1.6m) | ($5.4m) | ($5.7m) | ($11.1m) | $9.1m | $3.1m | $27.2m | — | |
| Interest Expense (non-operating) | $22.9m | $19.7m | $24.3m | $25.2m | $24.5m | $24.0m | $19.2m | $17.3m | $29.1m | $107.8m | $103.8m | |
| Total other income (expense) | ($46.7m) | ($12.1m) | ($15.8m) | ($71.8m) | ($16.3m) | ($12.6m) | ($14.4m) | $31.5m | $29.1m | ($77.4m) | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | ($49.6m) | ($173.2m) | $27.4m | ($45.1m) | ($458.4m) | ($412.6m) | ($14.4m) | $584.9m | $433.6m | $340.0m | ($41.8m) | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | ($72.7m) | ($184.6m) | $15.8m | ($51.2m) | ($636.5m) | ($441.2m) | $30.9m | $593.4m | $481.0m | ($74.1m) | ($41.8m) | |
| Current Income Tax Expense (Benefit) | ($79.8m) | ($32.6m) | $9.6m | $25.8m | $17.4m | ($14.0m) | $52.9m | $179.7m | $160.0m | $164.5m | $86.6m | |
| Income Tax Expense (Benefit) | ($19.7m) | ($56.7m) | ($477.2m) | ($18.7m) | ($140.1m) | ($103.7m) | $24.4m | $159.3m | $136.9m | $85.8m | $86.6m | |
| Net income attributable to non-controlling interest | — | — | — | — | — | — | — | $0 | $0 | $3.7m | — | |
| Net Income (Loss) Attributable to Parent | ($56.8m) |
($128.2m)
-125.61%
|
$482.7m
+476.46%
|
($33.7m)
-106.97%
|
($494.5m)
-1369.27%
|
($326.1m)
+34.04%
|
$7.0m
+102.13%
|
$434.1m
+6143.35%
|
$344.2m
-20.72%
|
($163.7m)
-147.56%
|
($138.7m)
+15.29%
|
|
| Net Income (Loss) Available to Common Stockholders, Basic | ($58.7m) |
($130.0m)
-121.56%
|
$478.3m
+467.88%
|
($36.8m)
-107.68%
|
($497.1m)
-1252.48%
|
($327.5m)
+34.12%
|
$5.4m
+101.66%
|
$428.2m
+7764.78%
|
$339.4m
-20.74%
|
($165.1m)
-148.64%
|
($138.7m)
+16.01%
|
|
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | $1.9m | $1.8m | $4.3m | $3.1m | $2.6m | $1.4m | $1.5m | $5.9m | $4.7m | $1.4m | — | |
| Income (Loss) from Continuing Operations, Per Basic Share | ($0) | ($1) | $4 | ($0) | ($5) | ($3) | $0 | — | — | — | — | |
| Income (Loss) from Continuing Operations, Per Diluted Share | ($0) | ($1) | $4 | ($0) | ($5) | ($3) | $0 | — | — | — | — | |
| Earnings Per Share, Basic | ($0.54) | ($1.20) | $4.39 | ($0.34) | ($4.60) | ($3.04) | $0.05 | $4.18 | $3.43 | ($1.66) | ($1.39) | |
| Earnings Per Share, Diluted | ($0.54) | ($1.20) | $4.37 | ($0.34) | ($4.60) | ($3.04) | $0.05 | $4.16 | $3.43 | ($1.66) | ($1.39) | |
| Common Stock, Dividends, Per Share, Declared | $2.77 | $2.80 | $2.82 | $2.84 | $1.92 | $1.00 | $1.00 | $1.00 | $0.25 | $0.25 | — | |
| Basic (in shares) | $108.0m | $108.5m | $108.9m | $109.2m | $108.0m | $107.8m | $105.9m | $102.4m | $98.9m | $99.3m | $99.7m | |
| Diluted (in shares) | $108.0m | $108.5m | $109.4m | $109.2m | $108.0m | $107.8m | $106.6m | $102.9m | $99.1m | $99.3m | $99.7m | |
| Weighted Average Number of Shares Outstanding, Basic | 108.0m | 108.5m | 108.9m | 109.2m | 108.0m | 107.8m | 105.9m | 102.4m | 98.9m | 99.3m | 99.7m | |
| Weighted Average Number of Shares Outstanding, Diluted | 108.0m | 108.5m | 109.4m | 109.2m | 108.0m | 107.8m | 106.6m | 102.9m | 99.1m | 99.3m | 99.7m | |
| Additional Financial Items | ||||||||||||
| Business Combination, Acquisition Related Costs | — | — | $8.2m | — | — | — | — | — | $15.0m | $54.7m | — | |
| Goodwill, Impairment Loss | — | $0 | $4.7m | — | $38.3m | — | $0 | $0 | $0 | $192.2m | $115.9m | |
| Drilling services | — | $1.8b | $2.5b | $2.8b | $1.8b | $1.2b | $2.0b | $2.9b | $2.7b | $3.7b | — | |
| Depreciation and amortization | $598.6m | $585.5m | $583.8m | $562.8m | $481.9m | $419.7m | $403.2m | $382.3m | $397.3m | $625.1m | — | |
| Acquisition transaction costs | — | — | — | — | — | — | $0 | $0 | $15.0m | $54.7m | — | |
| Asset impairment charges | $6.2m | $0 | $23.1m | $224.3m | $563.2m | $70.8m | $4.4m | $12.1m | $0 | $194.0m | $115.9m | |
| Gain on reimbursement of drilling equipment | — | — | — | — | ($27.0m) | ($12.3m) | ($29.4m) | ($48.2m) | ($33.3m) | ($33.4m) | — | |
| Other loss on sale of assets | ($9.9m) | ($20.6m) | ($22.7m) | ($39.7m) | ($46.8m) | ($1.0m) | ($5.4m) | $8.0m | $5.1m | $1.5m | — | |
| Interest and dividend income | $3.2m |
$5.9m
+86.83%
|
$8.0m
+35.54%
|
$9.5m
+18.10%
|
$7.3m
-22.86%
|
$10.3m
+40.39%
|
$18.1m
+76.42%
|
$28.4m
+56.95%
|
$41.2m
+44.99%
|
$35.2m
-14.48%
|
— | |
| Foreign currency exchange loss | — | — | — | — | — | — | — | ($6.4m) | ($5.5m) | ($9.7m) | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($53.0m) | ($127.9m) | $493.0m | ($32.5m) | ($496.4m) | ($337.5m) | $6.6m | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | ($3.8m) | ($349k) | ($10.3m) | ($1.1m) | $1.9m | $11.3m | $401k | — | — | — | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.