What is Helmerich & Payne's capex?

Helmerich & Payne (HP) reported capex of $62.86M in Q1 2026.

How has Helmerich & Payne's capex changed year-over-year?

Helmerich & Payne's capex decreased by 60.4% year-over-year, from $158.75M to $62.86M.

What is the long-term trend for Helmerich & Payne's capex?

Over 4 years (2021 to 2025), Helmerich & Payne's capex has grown at a 50.9% compound annual growth rate (CAGR), from $82.15M to $426.37M.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Helmerich & Payne HP CapEx

CapEx at other companies

Patterson-UTI EnergyPTEN

$116.63M-27.9%

NOVA, Inc.NOV

$65M-22.6%

TransoceanRIG

$28M-53.3%

Liberty EnergyLBRT

$157M+17.2%

Schlumberger SLB

$343M-13.8%

Noble CorporationNE

$103.85M-8.5%

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%

Free cash flow$114.9M+121%

Valuation

See full

Market cap$3.49B+41.1%

Enterprise value$5.29B+19.0%

P/S0.9×+0.1×

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:PaymentsToAcquirePropertyPlantAndEquipment.

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 capex.

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

Connect your AI

Claude

Questions, answered.

What is Helmerich & Payne's capex?: Helmerich & Payne (HP) reported capex of $62.86M in Q1 2026.
How has Helmerich & Payne's capex changed year-over-year?: Helmerich & Payne's capex decreased by 60.4% year-over-year, from $158.75M to $62.86M.
What is the long-term trend for Helmerich & Payne's capex?: Over 4 years (2021 to 2025), Helmerich & Payne's capex has grown at a 50.9% compound annual growth rate (CAGR), from $82.15M to $426.37M.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.