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Helmerich & Payne HP North America Solutions — D&A

Other segment segments

Offshore Solutions
$11.02M-13.1%
Offshore Gulf of Mexico
$7.53M-1.2%

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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
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:DepreciationDepletionAndAmortization.

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
(in thousands)North America SolutionsInternational SolutionsOffshore SolutionsTotal
Total consolidated revenues1,034,856
Less1:
Direct operating expenses321,686219,064145,191685,941
Depreciation & amortization83,21474,54711,023168,784
Research and development6,0156,015
Selling, general and administrative costs11,2829,0971,33721,716
Acquisition transaction and integration costs186186
Asset impairment charge1,1531,153

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Helmerich & Payne's north america solutions — D&A?
Helmerich & Payne (HP) reported north america solutions — D&A of $83.21M in Q2 2026.
How has Helmerich & Payne's north america solutions — D&A changed year-over-year?
Helmerich & Payne's north america solutions — D&A decreased by 5.5% year-over-year, from $88.08M to $83.21M.
What is the long-term trend for Helmerich & Payne's north america solutions — D&A?
Over 4 years (2021 to 2025), Helmerich & Payne's north america solutions — D&A has grown at a -2.7% compound annual growth rate (CAGR), from $392.42M to $351.81M.
What does north america solutions — D&A mean?
The systematic allocation of the cost of tangible drilling assets and intangible assets over their estimated useful lives. This non-cash expense reflects the capital-intensive nature of the drilling business and the ongoing need for reinvestment.

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