Obermatt

Helmerich & Payne

NYQ:HP · US4234521015
Energy Equipment & ServicesLarge

360

24
EV / EBIT9
Price / Owner Earnings5
Owner Earnings Yield16
Dividend Yield71
Price/Sales79
EV / Gross Profit66
Price/Book62
Return on Capital9
Cash Return on Capital20
Return on Equity7
EBIT Margin9
Gross Profitability51
Accruals89
Owner Earnings Margin18
Sales growth53
Profit Growth23
Long-Term EPS Growth100
Owner Earnings Growth91
Reinvestment11
Price momentum91
Debt load22
Refinancing83
Debt Payback7
Liquidity10
Analyst ratings35
Opinion Changes50
Price Target Upside23
Market mood84
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

Helmerich & Payne clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryEnergy Equipment & Services
SizeLarge
TypePublic Company
ExchangeNYSE
Founded1940
Employees3,598
ISINUS4234521015
Last UpdateApr 2, 2026
Index & Theme
Process AutomationIndustrial AutomationOil and Gas

Description

Helmerich & Payne, Inc. (H&P), together with its subsidiaries, provides performance-driven drilling solutions and technologies that are intended to make hydrocarbon recovery safer and more economical for oil and gas exploration and production compani…

Analysis

Middle-of-the-road

Helmerich & Payne, Inc. sits in the middle of our grid: average quality, average price, no obvious signal in either direction.

On valuation, the picture is expensive. The owner-earnings multiple stands at 63.4×; owner earnings: the cash an owner could take out each year. The implied growth embedded in that price is around 22% a year, against analyst forecasts of 49%. The price, in other words, assumes less than the experts do.

Growth is solid; the safety picture is stretched. The company scores 12/20 on our value-creation score: creating some value.

Flags to be aware of: The financial cushion is thinner than comfortable. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
58
2023202420252026

All-time high

58

Jun 2026

All-time low

40

Jan 2024

Average rank

51

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
79
79
50
38
Price/Earnings
3
60
31
25
Price/Book
62
81
42
63
Dividend Yield
71
79
63
61
Value (overall)
64
89
47
55

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →