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Helmerich & Payne HP Other — Currency translation adjustment

Other segment segments

Offshore Solutions
-$1.37M-162%
North America Solutions
$0

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$1.75M+333%
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DBDRetail — Currency translation adjustment
-$1.1M-133%
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POSTFoodservice — Currency translation adjustment
$0
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POSTWeetabix — Currency translation adjustment
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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:GoodwillForeignCurrencyTranslationGainLoss.

The source filing: Helmerich & Payne’s 10-K, filed November 21, 2025.

Filed
Nov 21, 2025
Fiscal year
FY2026
Accession
0000046765-25-000071
(in thousands)North America SolutionsInternational SolutionsOffshore SolutionsOtherTotal
Goodwill balance at September 30, 2024$45,653$45,653
Acquisition of KCA Deutag131,351121,90644,907298,164
Measurement period adjustments1,3696,4577,94915,775
Currency translation adjustment8,8386,61015,448
Impairment charges(132,720)(59,466)(192,186)
Goodwill balance at September 30, 2025$45,653$137,201$182,854

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is Helmerich & Payne's other — currency translation adjustment?
Helmerich & Payne (HP) reported other — currency translation adjustment of $1.65M in Q3 2025.
What does other — currency translation adjustment mean?
Reflects the impact of exchange rate fluctuations on the financial position of foreign operations within the 'Other' segment when translating their local currency results into the reporting currency. This metric highlights the sensitivity of secondary segment earnings to global macroeconomic volatility.

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