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Helmerich & Payne HP Retained Earnings

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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:RetainedEarningsAccumulatedDeficit.

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
HELMERICH & PAYNE, INC. / UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS / (in thousands except share data)UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS / June 30, 2026UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS / September 30, 2025
Common stock, $0.10 par value, 160,000,000 shares authorized, 112,222,865 shares issued as of June 30, 2026 and September 30, 2025, and 99,935,617 and 99,446,577 shares outstanding as of June 30, 2026 and September 30, 2025, respectively11,22211,222
Preferred stock, no par value, 1,000,000 shares authorized, no shares issued
Additional paid-in capital514,167513,050
Retained earnings2,463,0572,619,090
Accumulated other comprehensive income30,23344,964
Treasury stock, at cost,12,287,248 shares and 12,776,288 shares as of June 30, 2026 and September 30, 2025, respectively(444,588)(463,536)
Non-controlling interest96,318104,548
Total shareholders’ equity2,670,4092,829,338

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Helmerich & Payne's retained earnings?
Helmerich & Payne (HP) reported retained earnings of $2.46B in Q2 2026.
How has Helmerich & Payne's retained earnings changed year-over-year?
Helmerich & Payne's retained earnings decreased by 8.8% year-over-year, from $2.7B to $2.46B.
What is the long-term trend for Helmerich & Payne's retained earnings?
Over 4 years (2021 to 2025), Helmerich & Payne's retained earnings has grown at a 0.4% compound annual growth rate (CAGR), from $2.57B to $2.62B.
What does retained earnings mean?
Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

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