What is Helmerich & Payne's goodwill?

Helmerich & Payne (HP) reported goodwill of $183.8M in Q1 2026.

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

Helmerich & Payne's goodwill decreased by 46.5% year-over-year, from $343.82M to $183.8M.

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

Over 5 years (2020 to 2025), Helmerich & Payne's goodwill has grown at a 32.0% compound annual growth rate (CAGR), from $45.65M to $182.85M.

What does goodwill mean?

The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.

Helmerich & Payne HP Goodwill

Goodwill at other companies

Patterson-UTI EnergyPTEN

$487.39M0.0%

NOVA, Inc.NOV

$1.58B-2.3%

Schlumberger SLB

$16.85B+15.1%

USA Compression PartnersUSAC

$117.45M—

ArchrockAROC

$125.19M+140%

Comstock ResourcesCRK

$335.9M0.0%

Segments

By segment

See full

Offshore Solutions$138.14M—

North America Solutions$45.65M0.0%

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$3.49B+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:Goodwill.

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 goodwill.

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

Connect your AI

Claude

Questions, answered.

What is Helmerich & Payne's goodwill?: Helmerich & Payne (HP) reported goodwill of $183.8M in Q1 2026.
How has Helmerich & Payne's goodwill changed year-over-year?: Helmerich & Payne's goodwill decreased by 46.5% year-over-year, from $343.82M to $183.8M.
What is the long-term trend for Helmerich & Payne's goodwill?: Over 5 years (2020 to 2025), Helmerich & Payne's goodwill has grown at a 32.0% compound annual growth rate (CAGR), from $45.65M to $182.85M.
What does goodwill mean?: The excess of acquisition cost over the fair value of net identifiable assets acquired — representing brand value, customer relationships, and synergies from past M&A.