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Helmerich & Payne HP Offshore Gulf of Mexico — D&A

Other segment segments

North America Solutions
$83.21M-5.5%
Offshore Solutions
$11.02M-13.1%

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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-K, filed November 21, 2025.

Filed
Nov 21, 2025
Fiscal year
FY2026
Accession
0000046765-25-000071
HELMERICH & PAYNE, INC. / CONSOLIDATED STATEMENTS OF OPERATIONS / (in thousands, except per share amounts)CONSOLIDATED STATEMENTS OF OPERATIONS / Year Ended September 30, 2025CONSOLIDATED STATEMENTS OF OPERATIONS / Year Ended September 30, 2024CONSOLIDATED STATEMENTS OF OPERATIONS / Year Ended September 30, 2023
OPERATING COSTS AND EXPENSES
Drilling services operating expenses, excluding depreciation and amortization2,511,4081,624,6811,708,599
Other operating expenses56,0194,4834,477
Depreciation and amortization625,085397,344382,314
Research and development34,12540,95530,096
Selling, general and administrative287,052244,883206,687
Acquisition transaction costs54,70214,982
Asset impairment charges194,03012,097

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Helmerich & Payne's offshore gulf of mexico — D&A?
Helmerich & Payne (HP) reported offshore gulf of mexico — D&A of $8.12M in Q3 2025.
How has Helmerich & Payne's offshore gulf of mexico — D&A changed year-over-year?
Helmerich & Payne's offshore gulf of mexico — D&A increased by 331.1% year-over-year, from $1.88M to $8.12M.
What is the long-term trend for Helmerich & Payne's offshore gulf of mexico — D&A?
Over 4 years (2021 to 2025), Helmerich & Payne's offshore gulf of mexico — D&A has grown at a 32.4% compound annual growth rate (CAGR), from $10.56M to $32.46M.
What does offshore gulf of mexico — D&A mean?
This metric reflects the systematic allocation of the cost of tangible and intangible assets associated with the offshore Gulf of Mexico segment over their useful lives. It serves as a non-cash expense that highlights the capital-intensive nature of maintaining an offshore drilling fleet.

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