Helmerich & Payne, Inc.
HPFinancial Statements
Income Statement (Annual)
Amounts in millions
2025
9/30/2025
Revenue
3,746
Cost of Revenue
3,193
Gross Profit
554
Gross Margin
14.8%
Operating Income
232
Operating Margin
6.2%
Net Income
-164
Net Margin
-4.4%
EPS (Basic)
$-1.65
EPS (Diluted)
$-1.65
EBITDA
659
EBITDA Margin
17.6%
2024
9/30/2024
Revenue
2,757
Cost of Revenue
2,028
Gross Profit
729
Gross Margin
26.4%
Operating Income
452
Operating Margin
16.4%
Net Income
344
Net Margin
12.5%
EPS (Basic)
$3.43
EPS (Diluted)
$3.43
EBITDA
907
EBITDA Margin
32.9%
2023
9/30/2023
Revenue
2,872
Cost of Revenue
2,097
Gross Profit
775
Gross Margin
27.0%
Operating Income
562
Operating Margin
19.6%
Net Income
434
Net Margin
15.1%
EPS (Basic)
$4.18
EPS (Diluted)
$4.16
EBITDA
993
EBITDA Margin
34.6%
2022
9/30/2022
Revenue
2,059
Cost of Revenue
1,830
Gross Profit
229
Gross Margin
11.1%
Operating Income
45
Operating Margin
2.2%
Net Income
7
Net Margin
0.3%
EPS (Basic)
$0.05
EPS (Diluted)
$0.05
EBITDA
454
EBITDA Margin
22.0%
2021
9/30/2021
Revenue
1,219
Cost of Revenue
1,372
Gross Profit
-154
Gross Margin
-12.6%
Operating Income
-429
Operating Margin
-35.2%
Net Income
-326
Net Margin
-26.8%
EPS (Basic)
$-3.13
EPS (Diluted)
$-3.13
EBITDA
14
EBITDA Margin
1.1%