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Helmerich & Payne HP Assets Held for Sale

Assets Held for Sale at other companies

Transocean logo
TransoceanRIG
$1M-97.7%
Oil States International logo
Oil States InternationalOIS
$17.18M
Helix Energy Solutions Group logo
Helix Energy Solutions GroupHLX
$100.78M
Ranger Energy Services logo
Ranger Energy ServicesRNGR
$300K-25.0%

Other financials

Income statement

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Revenue$1.0B-0.6%
Gross profit$349.9M+3.9%
Operating income$188.2M+247%
Net income$75.7M+146%
EPS (diluted)$0.74+145%

Balance sheet

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Cash & equivalents$239.3M+5.4%
Total debt$1.9B-20.2%
Total equity$2.7B-6.8%
Total assets$6.3B-8.4%

Cash flow

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Operating cash flow$153.7M+26.4%
CapEx$69.8M-28.1%
Free cash flow$83.9M+241%

Valuation

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Market cap$4.18B+140%
Enterprise value$5.81B+50.8%
P/S1.1×+0.5×

Profitability

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Gross margin31.8%-3.3pp
Operating margin3.3%-13.2pp
Net margin-3.4%-5.3pp
FCF margin4.4%-3.0pp

Returns & leverage

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Return on equity-4.9%-6.9pp
Debt / equity0.7×-0.1×
Current ratio+0.1×

Where this comes from

Reported directly by Helmerich & Payne in its filing.

Tagged under the XBRL concept us-gaap:AssetsHeldForSaleNotPartOfDisposalGroupCurrent.

The source filing: Helmerich & Payne’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:16 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000046765-26-000042
HELMERICH & PAYNE, INC. / UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS / (in thousands except share data)UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS / June 30, 2026UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS / September 30, 2025
Accounts receivable, net of allowance of $21,162 and $19,647, respectively869,464782,644
Inventories of materials and supplies, net325,803324,326
Prepaid expenses and other, net97,59297,518
Assets held-for-sale12,65915,231
Total current assets1,570,4571,465,475
Investments, net72,85668,198
Property, plant and equipment, net3,865,3324,313,074
Other Noncurrent Assets:

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Helmerich & Payne's assets held for sale?
Helmerich & Payne (HP) reported assets held for sale of $12.66M in Q2 2026.
How has Helmerich & Payne's assets held for sale changed year-over-year?
Helmerich & Payne's assets held for sale decreased by 11.1% year-over-year, from $14.24M to $12.66M.
What is the long-term trend for Helmerich & Payne's assets held for sale?
Over 4 years (2021 to 2025), Helmerich & Payne's assets held for sale has grown at a -32.1% compound annual growth rate (CAGR), from $71.45M to $15.23M.
What does assets held for sale mean?
Assets committed to a plan of sale, expected to be sold within one year, and carried at the lower of carrying amount or fair value less costs to sell.

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