Helmerich and Payne Inc (HP) — Capital Reinvestment Ratio
Helmerich and Payne Inc (HP) has a Capital Reinvestment Ratio of 1.72x as of March 2026, meaning it reinvests 2% of its operating cash flow ($36.58 Million) in capital expenditures ($62.86 Million). Check how tangible is Helmerich and Payne Inc's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Helmerich and Payne Inc Capital Reinvestment Ratio (1989–2025)
This chart tracks Helmerich and Payne Inc's Capital Reinvestment Ratio across 37 annual periods. For the full cash flow conversion analysis, see Helmerich and Payne Inc cash flow conversion.
Annual Capital Reinvestment Ratio for Helmerich and Payne Inc (1989–2025)
Year-by-year Capital Reinvestment Ratio for Helmerich and Payne Inc from 1989 to 2025. See HP cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.79x | $542.95 Million | $426.37 Million | ▲ +8.6% |
| 2024 | 0.72x | $684.66 Million | $495.07 Million | ▲ +52.4% |
| 2023 | 0.47x | $833.68 Million | $395.46 Million | ▼ -59.3% |
| 2022 | 1.17x | $233.91 Million | $272.54 Million | ▲ +93.5% |
| 2021 | 0.60x | $136.44 Million | $82.15 Million | ▲ +130.4% |
| 2020 | 0.26x | $538.88 Million | $140.79 Million | ▼ -51.2% |
| 2019 | 0.54x | $855.75 Million | $458.40 Million | ▼ -37.5% |
| 2018 | 0.86x | $544.53 Million | $466.58 Million | ▼ -23.0% |
| 2017 | 1.11x | $357.22 Million | $397.57 Million | ▲ +226.1% |
| 2016 | 0.34x | $753.60 Million | $257.17 Million | ▼ -57.3% |
| 2015 | 0.80x | $1.42 Billion | $1.13 Billion | ▼ -6.2% |
| 2014 | 0.85x | $1.12 Billion | $952.89 Million | ▲ +5.0% |
| 2013 | 0.81x | $997.18 Million | $809.07 Million | ▼ -26.1% |
| 2012 | 1.10x | $1.00 Billion | $1.10 Billion | ▲ +54.5% |
| 2011 | 0.71x | $977.55 Million | $694.26 Million | ▼ -0.4% |
| 2010 | 0.71x | $462.29 Million | $329.57 Million | ▼ -27.4% |
| 2009 | 0.98x | $897.32 Million | $880.75 Million | ▼ -15.0% |
| 2008 | 1.16x | $610.83 Million | $705.63 Million | ▼ -27.5% |
| 2007 | 1.59x | $561.07 Million | $894.21 Million | ▼ -10.7% |
| 2006 | 1.78x | $296.39 Million | $528.90 Million | ▲ +336.3% |
| 2005 | 0.41x | $212.24 Million | $86.81 Million | ▼ -37.8% |
| 2004 | 0.66x | $135.40 Million | $88.97 Million | ▼ -74.3% |
| 2003 | 2.55x | $96.50 Million | $246.30 Million | ▲ +64.7% |
| 2002 | 1.55x | $201.40 Million | $312.06 Million | ▲ +57.3% |
| 2001 | 0.98x | $278.86 Million | $274.67 Million | ▲ +50.7% |
| 2000 | 0.65x | $201.84 Million | $131.93 Million | ▼ -15.7% |
| 1999 | 0.78x | $158.70 Million | $123.00 Million | ▼ -67.0% |
| 1998 | 2.35x | $113.50 Million | $266.30 Million | ▲ +141.0% |
| 1997 | 0.97x | $165.60 Million | $161.20 Million | ▲ +10.5% |
| 1996 | 0.88x | $124.90 Million | $110.00 Million | ▼ -29.6% |
| 1995 | 1.25x | $88.60 Million | $110.80 Million | ▼ -2.9% |
| 1994 | 1.29x | $79.90 Million | $102.90 Million | ▲ +80.7% |
| 1993 | 0.71x | $71.00 Million | $50.60 Million | ▼ -45.6% |
| 1992 | 1.31x | $62.00 Million | $81.20 Million | ▼ -35.6% |
| 1991 | 2.03x | $48.80 Million | $99.30 Million | ▲ +166.3% |
| 1990 | 0.76x | $53.40 Million | $40.80 Million | ▼ -9.9% |
| 1989 | 0.85x | $66.40 Million | $56.30 Million | — |