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Helmerich & Payne HP Q1 2025 earnings

Reported February 5, 2025 · After market close

Revenue$677.3MMiss by $15.3M
EPS$0.71Beat by $0.02
Revenue estimate$692.6M
EPS estimate$0.69

Next report

Aug 5, 2026 (In 6 days)
Revenue estimate$987.7M
EPS estimate$0.11

Financials

Q1 2025

Income statement

See full
Revenue$677.3M0.0%
Gross profit$266.4M-2.7%
Operating income$90.9M-26.4%
Net income$54.8M-42.5%
EPS (diluted)$0.54-42.6%

Balance sheet

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Cash & equivalents$1.7B+511%
Total debt$1.8B+227%
Total equity$2.9B+6.8%
Total assets$5.8B+31.6%

Cash flow

See full
Operating cash flow$158.4M-9.4%
CapEx$106.5M-21.9%
Free cash flow$51.9M+35.1%

Valuation & ratios

Valuation

as of 12/31/24
See full
Market cap$3.16B-11.9%
Enterprise value$3.24B-16.1%
P/E10.4×+2.1×
P/S1.1×-0.1×

Profitability

See full
Gross margin40.7%+0.2pp
Operating margin15.3%-4.0pp
Net margin11%-4.3pp
FCF margin7.4%-6.3pp

Returns & leverage

See full
Return on equity10.6%-5.1pp
Debt / equity0.6×+0.4×
Current ratio2.8×+0.7×

Segments

By segment

See full
North America Solutions$598.1M+0.7%

By product

See full
Reimbursements Received for Out-of-Pocket Expenses$107.8M+28.9%

Versus estimates

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Questions, answered.

When did Helmerich & Payne report Q1 2025 earnings?
Helmerich & Payne (HP) reported Q1 2025 earnings on February 5, 2025 after market close.
What were Helmerich & Payne's Q1 2025 revenue and EPS?
Helmerich & Payne reported revenue of $677.3M and eps of $0.71 for Q1 2025.
Did Helmerich & Payne beat estimates in Q1 2025?
Revenue missed the consensus estimate of $692.6M by $15.3M. EPS beat the consensus estimate of $0.69 by $0.02.
Where can I find Helmerich & Payne's Q1 2025 SEC filings?
You can read the 10-Q periodic report (0000046765-25-000008) directly on SEC EDGAR. The filing index links above go to sec.gov.