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Helmerich & Payne HP United States — Property, plant and equipment, net

Other geography segments

Saudi Arabia
$0

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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:PropertyPlantAndEquipmentNet.

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)June 30, 2026September 30, 2025
Property, plant and equipment, net
United States$2,240,325$2,503,045
Saudi Arabia895,012971,440
Oman389,332445,706
Other Foreign340,663392,883
Total$3,865,332$4,313,074

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Helmerich & Payne's united states — property, plant and equipment, net?
Helmerich & Payne (HP) reported united states — property, plant and equipment, net of $2.24B in Q2 2026.
How has Helmerich & Payne's united states — property, plant and equipment, net changed year-over-year?
Helmerich & Payne's united states — property, plant and equipment, net decreased by 13.1% year-over-year, from $2.58B to $2.24B.
What does united states — property, plant and equipment, net mean?
This metric measures the net book value of tangible assets, primarily drilling rigs and associated equipment, deployed within the United States segment after accounting for accumulated depreciation. It represents the capital intensity of the domestic business and the scale of the physical infrastructure available to support drilling operations. Changes in this value indicate the company's investment in fleet modernization, maintenance, or asset divestitures within the domestic market.

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