What is Helmerich & Payne's market cap?

Helmerich & Payne (HP) has a market capitalization of $3.3B and trades on NYSE.

What is Helmerich & Payne's revenue and profitability?

Helmerich & Payne generated $4.0B in trailing twelve-month revenue with a net loss of $375.4M, representing a net margin of -9.4%. Gross margin stands at 31.5%, with free cash flow of $256.0M. These figures are based on the Q1 2026 filing.

Who are Helmerich & Payne's competitors?

Helmerich & Payne's key competitors include Nabors Industries Ltd., Patterson-UTI Energy, Inc., OIL STATES INTERNATIONAL, INC., and others. These companies compete in similar markets and product categories.

Who does Helmerich & Payne partner with?

Helmerich & Payne's notable partners include Caterpillar.

What subsidiaries does Helmerich & Payne have?

Helmerich & Payne's subsidiaries include KCA Deutag, BENTEC.

Where is Helmerich & Payne headquartered?

Helmerich & Payne is headquartered in United States of America and employs approximately 6,200 people. It has been publicly traded since 1963.

Helmerich & Payne

Helmerich & Payne provides performance-driven drilling solutions and advanced technologies for oil and gas exploration and production companies.

Market cap

$3.31B+102%

Revenue$4.0B+29.7%

Net income-$375.4M-270%

Free cash flow$256.0M+242%

EPS (diluted)-$3.79-273%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q2 2026 report

May 6, 2026

Revenue$932.4MMiss by $13.2M EPS-$0.38Miss by $0.32

Read the full report

Next report

Aug 5, 2026 (In 6 days)

Revenue estimate$987.7M

EPS estimate$0.11

Financials

Q2 2026

Income statement

See full

Revenue$932.4M-8.2%

Gross profit$271.2M-13.7%

Operating income-$36.9M-188%

Net income-$58.6M-3,643%

EPS (diluted)-$0.59-6,000%

Balance sheet

See full

Cash & equivalents$204.0M-16.7%

Total debt$2.0B-10.6%

Total equity$2.6B-13.8%

Total assets$6.3B-12.5%

Cash flow

See full

Operating cash flow$36.6M-34.7%

CapEx$62.9M-60.4%

Valuation & ratios

Valuation

See full

Market cap$3.31B+102%

Enterprise value$5.11B+33.7%

P/S0.8×+0.3×

Profitability

See full

Gross margin31.5%-5.8pp

Net margin-9.4%-16.5pp

Returns & leverage

See full

Return on equity-13.2%-20.7pp

Debt / equity0.8×0.0×

Current ratio1.7×0.0×

Segments

By segment

See full

North America Solutions$517.2M-13.7%

Offshore Solutions$171.4M—

By geography

See full

Other foreign$87.0M-10.7%

Competitors

By market cap

Transocean$5.5B+106%

Patterson-UTI Energy$3.5B+42.0%

Helmerich & Payne$3.3B+93.2%

Bristow Group$1.3B+29.2%

Nabors Industries$1.1B+113%

Precision Drilling$1.0B+42.4%

Forum Energy Technologies$592.9M+132%

Oil States International$482.8M+34.3%

By revenue growth

Helmerich & Payne+29.7%

Transocean+12.9%

Bristow Group+7.0%

Nabors Industries+6.1%

Forum Energy Technologies-0.1%

Oil States International-4.5%

Patterson-UTI Energy-9.4%

By net margin

Nabors Industries7.69%+11.2pp

Bristow Group7.51%-0.6pp

Patterson-UTI Energy-2.56%+17.2pp

Helmerich & Payne-9.38%-16.5pp

Forum Energy Technologies-14.58%+15.9pp

Oil States International-17.03%-13.6pp

Transocean-67.39%-48.4pp

Profile

Helmerich & Payne provides performance-driven drilling solutions and advanced technologies for oil and gas exploration and production companies. The company specializes in high-specification land and offshore drilling, utilizing a uniform digital fleet to improve hydrocarbon recovery efficiency and safety. Following a major acquisition in 2025, the company has significantly expanded its global footprint and technical manufacturing capabilities.

Competitive position

The company is the leading provider of super-spec AC drive land rigs in the Western Hemisphere and maintains a dominant market share in the U.S. land drilling sector.

GeographiesUnited States, Saudi Arabia, Argentina, Oman, Germany, United Kingdom, Colombia, Kuwait

Customer segmentsNational Oil Companies (NOCs), International Oil Companies (IOCs), Independent E&P Companies

Business modelDaywork contracts, Performance-based contracts, Asset-light management services, Manufacturing and Engineering

SuppliersCaterpillar engine suppliers, Steel and component manufacturers, Third-party reinsurance providers, Specialized labor

CustomersExploration and Production (E&P) companies, National oil companies, Major integrated energy firms

CountryUnited States of America

Listed1963

Employees6.2K

CEORaymond John Adams

SectorEnergy

IndustryOil & Gas Drilling

Websitehelmerichpayne.com

FilingsSEC EDGAR

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Questions, answered.

What is Helmerich & Payne's market cap?: Helmerich & Payne (HP) has a market capitalization of $3.3B and trades on NYSE.
What is Helmerich & Payne's revenue and profitability?: Helmerich & Payne generated $4.0B in trailing twelve-month revenue with a net loss of $375.4M, representing a net margin of -9.4%. Gross margin stands at 31.5%, with free cash flow of $256.0M. These figures are based on the Q1 2026 filing.
Who are Helmerich & Payne's competitors?: Helmerich & Payne's key competitors include Nabors Industries Ltd., Patterson-UTI Energy, Inc., OIL STATES INTERNATIONAL, INC., and others. These companies compete in similar markets and product categories.
Who does Helmerich & Payne partner with?: Helmerich & Payne's notable partners include Caterpillar.
What subsidiaries does Helmerich & Payne have?: Helmerich & Payne's subsidiaries include KCA Deutag, BENTEC.
Where is Helmerich & Payne headquartered?: Helmerich & Payne is headquartered in United States of America and employs approximately 6,200 people. It has been publicly traded since 1963.