What is Helmerich & Payne's assets held for sale?

Helmerich & Payne (HP) reported assets held for sale of $24.51M in Q1 2026.

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.

Helmerich & Payne HP Assets Held for Sale

Assets Held for Sale at other companies

TransoceanRIG

$1M-99.7%

ValarisVAL

$9.2M+31.4%

Innovex InternationalINVX

$1.23M-78.6%

Other financials

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%

Free cash flow$114.9M+121%

Valuation

See full

Market cap$3.56B+41.1%

Profitability

See full

Gross margin31.5%-5.8pp

Operating margin3.3%-13.2pp

Net margin-9.4%-16.5pp

FCF margin4.4%-3.0pp

Returns & leverage

See full

Return on equity-13.2%-20.7pp

Debt / equity0.8×0.0×

Current ratio1.7×0.0×

Where this comes from

Reported directly by Helmerich & Payne in its filing.

Tagged under the XBRL concept us-gaap:AssetsHeldForSaleNotPartOfDisposalGroupCurrent.

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

Ask your AI about Helmerich & Payne's assets held for sale.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Helmerich & Payne's assets held for sale?: Helmerich & Payne (HP) reported assets held for sale of $24.51M in Q1 2026.
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.