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

Other geography segments

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Other financials

Income statement

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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

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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

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Operating cash flow$36.6M-34.7%
CapEx$62.9M-60.4%
Free cash flow$114.9M+121%

Valuation

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Market cap$3.56B+41.1%

Profitability

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Gross margin31.5%-5.8pp
Operating margin3.3%-13.2pp
Net margin-9.4%-16.5pp
FCF margin4.4%-3.0pp

Returns & leverage

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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:PropertyPlantAndEquipmentNet.

The official record: Helmerich & Payne’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Helmerich & Payne's united states — property, plant and equipment, net?
Helmerich & Payne (HP) reported united states — property, plant and equipment, net of $2.3B in Q1 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 12.4% year-over-year, from $2.62B to $2.3B.
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.