# HELMERICH & PAYNE, INC. (HP) · Edgar & Edgarette company card

> Helmerich & Payne, Inc. (HP) grew revenue 35.9% in FY2025 to $3.7 billion, operating margin 0.1% against a 8.0% median for drilling oil & gas wells, equity 42.2% of assets. Every figure is from the company’s own annual report filed with the SEC.

SEC CIK 46765 · fiscal year ended 2025-09-30 · 5 audited years read · [page](https://www.pops4.com/boards/company/HP) · [JSON](https://www.pops4.com/boards/company/HP.json)

## Figures, as filed in the 10-K

| Measure | Value |
|---|---|
| Revenue | $3.7B |
| Revenue growth, 1 year | 35.9% |
| Revenue growth per year | 32.4% |
| Operating margin | 0.1% (prior year 16.6%) |
| Net margin | -4.4% |
| Operating cash flow | $543M |
| Capital spending | $426M |
| Free cash flow | $117M |
| Cash | $197M |
| Long-term debt | $2.1B |
| Total assets | $6.7B |
| Total equity | $2.8B |
| Equity ÷ assets | 42.2% |
| Return on equity | -5.8% |
| Dividend per share | $0.25 |
| Dividend years rising | 0 |

## Readings, computed from those figures

- Altman Z: 2.68 (safe zone)
- Piotroski F: 5 of 9 (middling)
- Health Harbor boat: Sound ship · one warning sign · revenue is hard to predict: its 80% range is ±26%
- Cash Compass: Cash cow later · growing fast, and already turning revenue into cash

## Edgarette's reading

Exposure: revenue $3.7B (FY2025), total debt $2.1B. Experience: revenue up 35.9% on the year, up 32.4% a year over 4 years; operating margin 0.1%, down from 16.6%. Soundness: equity 42.2% of assets, return on equity -5.8%. Credibility: four or more audited years, reasonable weight. Range: 80% of past cases like this landed between $3.6B and $6.2B next year (method v4.1: its own 4-year record of growth weighed at 50% against $1B–10B filers; across 2019–2025, 69.0% landed inside, 83.4% on the one year the method never saw). In a shock year the stress range is $3.0B to $7.5B. A statistical range, not company guidance. Against peers (8 filers, $50M+ revenue, drilling oil & gas wells): operating margin 0.1% against a 8.0% median; growth 35.9% against 5.6%.

## Health Watch, last 12 months

- Item 5.02 Director or officer change: 4, latest 2026-09-22 ([filing](https://www.sec.gov/Archives/edgar/data/46765/000004676526000051/0000046765-26-000051-index.htm))

## Recent filings

- 8-K · filed 2026-10-07 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/46765/000004676526000055/0000046765-26-000055-index.htm)
- 8-K · filed 2026-09-22 · 5.02 Departure or Election of Directors; Appointment of Officers · [filing](https://www.sec.gov/Archives/edgar/data/46765/000004676526000051/0000046765-26-000051-index.htm)
- 8-K · filed 2026-09-16 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/46765/000004676526000044/0000046765-26-000044-index.htm)
- 10-Q · filed 2026-08-06 · [filing](https://www.sec.gov/Archives/edgar/data/46765/000004676526000042/0000046765-26-000042-index.htm)
- 8-K · filed 2026-08-05 · 2.02 Results of Operations and Financial Condition; 9.01 Financial Statements and Exhibits · [filing](https://www.sec.gov/Archives/edgar/data/46765/000004676526000039/0000046765-26-000039-index.htm)
- 8-K · filed 2026-06-03 · 8.01 Other Events · [filing](https://www.sec.gov/Archives/edgar/data/46765/000004676526000036/0000046765-26-000036-index.htm)

## Sources

- facts: https://data.sec.gov/api/xbrl/companyfacts/CIK0000046765.json
- filings: https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=46765

## Cite

POPS4, Edgar & Edgarette: HELMERICH & PAYNE, INC. (HP) company card, from the company's own SEC filings, accessed 2026-11-04, https://www.pops4.com/boards/company/HP. CC BY 4.0. For a figure, add the filing URL under filings or sources.

DOI https://doi.org/10.5281/zenodo.23672509 · catalog https://www.pops4.com/boards/catalog.json · Figures as filed with the SEC. Card text CC BY 4.0, POPS4.

Reporting, not investment advice. No price targets and no trading recommendations.

Figures are as filed in audited 10-K reports and can move with restatements, acquisitions, disposals or a change in fiscal year. A range set from how past company-years turned out is not a promise about the next one, and says nothing about the share price.