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Helmerich & Payne HP Debt-to-equity

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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$3.7B+141%
Enterprise value$5.33B+46.1%
P/S0.9×+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
Current ratio+0.1×

Where this comes from

Calculated from Helmerich & Payne’s reported figures.

Based on the most recent quarter.

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

Filed
Aug 6, 2026, 4:16 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000046765-26-000042

FAQ

What is Helmerich & Payne's debt-to-equity?
Helmerich & Payne (HP) reported debt-to-equity of 0.7× in Q2 2026.
How has Helmerich & Payne's debt-to-equity changed year-over-year?
Helmerich & Payne's debt-to-equity decreased by 14.4% year-over-year, from 0.8× to 0.7×.
What is the long-term trend for Helmerich & Payne's debt-to-equity?
Over 4 years (2021 to 2025), Helmerich & Payne's debt-to-equity has grown at a 20.1% compound annual growth rate (CAGR), from 0.4× to 0.7×.
What does debt-to-equity mean?
Total debt (including capitalized leases and financing obligations) divided by shareholders' equity at the quarter end. Measures how much the company is financed by debt relative to equity.

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