Income StatementBalance SheetCash FlowSegments
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HP Cash Flow Statement

Operating, investing, and financing cash movements

HP generated $3.7B in operating cash flow over the trailing twelve months. After $828.0M in capital expenditures, free cash flow was $2.9B. Free cash flow decreased 0.1% year-over-year. Based on the Q1 2026 filing.

Net Cash From Operating (TTM)$3.7BNet Cash From Investing (TTM)-$1.2BNet Cash From Financing (TTM)-$2.3BCapital Expenditures (TTM)$828.0MDepreciation And Amortization Cf (TTM)$933.0MNet Change In Cash (TTM)$260.0M
Latest FilingQ1 2026
Report Date2026-02-25
Market Cap$19.1B
P/E Ratio7.63
ROE-273.01%

Operating

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Other non-cash income (expense)$14.0M-$35.0M-$37.0M-$31.0M-$13.0M-$31.0M
Other non-cash income (expense)$14.0M-$35.0M-$37.0M-$31.0M-$13.0M-$31.0M
Change in accounts payable$1.4B-$397.0M-$1.3B$1.8B$1.0B$208.0M
Change in accounts receivable$482.0M-$966.0M——$578.0M-$364.0M
Change in income taxes payable/receivable—$12.0M-$133.0M-$239.0M-$31.0M-$28.0M
Change in inventories—$751.0M—$199.0M$157.0M$260.0M
Other working capital changes$472.0M$420.0M-$584.0M—-$220.0M$836.0M
Deferred income taxes-$191.0M-$23.0M-$60.0M——-$39.0M
Depreciation and amortization$208.0M$197.0M$205.0M$306.0M$208.0M$214.0M
Other Non-Cash Income (Expense)$14.0M-$35.0M-$37.0M-$31.0M-$13.0M-$31.0M
Other Non-cash Income (Expense)$14.0M-$35.0M-$37.0M-$31.0M-$13.0M-$31.0M
Other Non-cash Income (Expense)$14.0M-$35.0M-$37.0M-$31.0M-$13.0M-$31.0M
Net cash from operating activities$1.6B$374.0M$38.0M$1.7B$1.6B$383.0M
Net income$906.0M$565.0M$406.0M$763.0M$795.0M$545.0M
Other non-cash income (expense)$14.0M-$35.0M-$37.0M-$31.0M-$13.0M-$31.0M
Accounts payable$1.4B-$397.0M-$1.3B$1.8B$1.0B$208.0M
Net investment in leases related to integrated financing-$42.0M$2.0M-$50.0M-$23.0M-$60.0M-$25.0M
Restructuring and other charges—$70.0M$122.0M$110.0M—$126.0M
Increase Decrease In Restructuring Reserve-$60.0M-$74.0M-$75.0M-$89.0M-$88.0M-$99.0M
Other Noncash Income (Expense)$14.0M-$35.0M-$37.0M-$31.0M-$13.0M-$31.0M
Other Non-cash Income and Expense$14.0M-$35.0M-$37.0M-$31.0M-$13.0M-$31.0M
Other Non-Cash Adjustments$14.0M-$35.0M-$37.0M-$31.0M-$13.0M-$31.0M
Other Non-Cash Income and Expense$14.0M-$35.0M-$37.0M-$31.0M-$13.0M-$31.0M
Stock-based compensation$85.0M$192.0M$140.0M$100.0M$90.0M$182.0M

Financing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Debt Borrowings, Net of Issuance Costs$114.0M$82.0M$1.1B$90.0M$137.0M$89.0M
Proceeds from issuance of debt$114.0M$82.0M$1.1B$90.0M$137.0M$89.0M
Repayments of debt$60.0M$50.0M$52.0M$1.2B$75.0M$87.0M
Dividends paid$263.0M$273.0M$273.0M$272.0M$270.0M$277.0M
Repayments of Debt—$50.0M———$87.0M
Proceeds from Debt Financing, Net of Issuance Costs$114.0M$82.0M$1.1B$90.0M$137.0M$89.0M
Net cash from financing activities-$1.1B-$433.0M$631.0M-$1.5B-$721.0M-$673.0M
Repurchases of common stock$900.0M$100.0M$100.0M$200.0M$500.0M$325.0M

Investing

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Capital expenditures$153.0M$302.0M$183.0M$215.0M$197.0M$233.0M
Proceeds from disposition of marketable securities and other investments$8.0M$5.0M$9.0M$55.0M$5.0M$19.0M
Net cash from investing activities-$132.0M-$300.0M-$833.0M$0.0-$64.0M-$269.0M
Proceeds from maturities/sales of investments$8.0M$5.0M$9.0M$55.0M$5.0M$19.0M
Proceeds from sale of businesses$0.0$0.0———$26.0M

Free Cash Flow

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Free cash flow$1.5B$72.0M-$145.0M$1.4B$1.4B$150.0M

Supplemental

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Income taxes paid$162.3M$133.8M$133.8M$133.8M$133.8M—
Interest paid$110.3M$109.3M$109.3M$109.3M$109.3M—
Income Taxes Paid, Net$162.3M$133.8M$133.8M$133.8M$133.8M—

Other

MetricQ4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Net increase (decrease) in cash$375.0M-$359.0M-$164.0M$144.0M$839.0M-$559.0M
Collateral Posted For Derivatives-$60.0M$0.0$540.0M——$76.0M
Net (Payments) Proceeds Related To Stock Based Award Activities$7.0M$92.0M$26.0M$0.0$13.0M$73.0M