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Helmerich & Payne HP Asset turnover

Asset turnover at other companies

Patterson-UTI Energy logo
Patterson-UTI EnergyPTEN
0.8×0.0×
NOVA, Inc. logo
NOVA, Inc.NOV
0.8×0.0×
Transocean logo
TransoceanRIG
0.2×+0.1×
SM Energy logo
SM EnergySM
0.3×-0.1×
Liberty Energy logo
Liberty EnergyLBRT
-0.3×
Schlumberger
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Schlumberger SLB
0.7×-0.1×

Other financials

Income statement

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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

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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

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Operating cash flow$36.6M-34.7%
CapEx$62.9M-60.4%
Free cash flow$114.9M+121%

Valuation

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Market cap$3.49B+41.1%
Enterprise value$5.29B+19.0%
P/S0.9×+0.1×

Profitability

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Gross margin31.5%-5.8pp
Operating margin3.3%-13.2pp
Net margin-9.4%-16.5pp
FCF margin4.4%-3.0pp

Returns & leverage

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Return on equity-13.2%-20.7pp
Debt / equity0.8×0.0×
Current ratio1.7×0.0×

Where this comes from

Calculated from Helmerich & Payne’s reported figures.

Based on trailing twelve months.

The official record: Helmerich & Payne’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Helmerich & Payne's asset turnover?
Helmerich & Payne (HP) reported asset turnover of 0.6× in Q1 2026.
How has Helmerich & Payne's asset turnover changed year-over-year?
Helmerich & Payne's asset turnover increased by 11.5% year-over-year, from 0.5× to 0.6×.
What is the long-term trend for Helmerich & Payne's asset turnover?
Over 5 years (2020 to 2025), Helmerich & Payne's asset turnover has grown at a 12.5% compound annual growth rate (CAGR), from 0.3× to 0.6×.
What does asset turnover mean?
Trailing-twelve-month revenue divided by average total assets. Measures how many dollars of sales each dollar of assets generates — the efficiency leg of the DuPont decomposition of ROE.