Helmerich and Payne Inc (HP) — Cash Flow Quality Index

Latest as of March 2025: 44.84x

Helmerich and Payne Inc (HP) has a Cash Flow Quality Index of 44.84x as of March 2025. Operating cash flow of $56.05 Million exceeds net income of $1.25 Million, indicating high earnings quality where cash backs reported profits. Explore how well can Helmerich and Payne Inc service its debt to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

44.84x
Operating CF / Net Income

Operating Cash Flow

$56.05 Million
USD

Net Income

$1.25 Million
USD

Data as of

Mar 2025
Most recent filing

Helmerich and Payne Inc Cash Flow Quality Index (1989–2024)

Historical Cash Flow Quality Index for Helmerich and Payne Inc across 31 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash flow conversion of Helmerich and Payne Inc.

Annual Cash Flow Quality Index for Helmerich and Payne Inc (1989–2024)

Year-by-year earnings quality comparison for Helmerich and Payne Inc.

Year Quality Index Operating CF (USD) Net Income YoY Change
2024 1.99x $684.66 Million $344.17 Million ▲ +3.6%
2023 1.92x $833.68 Million $434.10 Million ▼ -94.6%
2022 35.70x $233.91 Million $6.55 Million ▲ +3132.3%
2018 1.10x $544.53 Million $493.01 Million ▼ -67.1%
2015 3.36x $1.42 Billion $422.27 Million ▲ +112.9%
2014 1.58x $1.12 Billion $708.77 Million ▲ +14.2%
2013 1.38x $997.18 Million $721.45 Million ▼ -20.7%
2012 1.74x $1.00 Billion $573.61 Million ▼ -22.5%
2011 2.25x $977.55 Million $434.67 Million ▲ +39.2%
2010 1.62x $462.29 Million $286.08 Million ▼ -36.3%
2009 2.54x $897.32 Million $353.55 Million ▲ +91.9%
2008 1.32x $610.83 Million $461.74 Million ▲ +5.9%
2007 1.25x $561.07 Million $449.26 Million ▲ +23.8%
2006 1.01x $296.39 Million $293.86 Million ▼ -39.4%
2005 1.66x $212.24 Million $127.61 Million ▼ -94.6%
2004 31.06x $135.40 Million $4.36 Million ▲ +475.3%
2003 5.40x $96.50 Million $17.87 Million ▲ +44.0%
2002 3.75x $201.40 Million $53.71 Million ▲ +94.0%
2001 1.93x $278.86 Million $144.25 Million ▼ -21.2%
2000 2.45x $201.84 Million $82.30 Million ▼ -33.9%
1999 3.71x $158.70 Million $42.80 Million ▲ +230.6%
1998 1.12x $113.50 Million $101.20 Million ▼ -43.0%
1997 1.97x $165.60 Million $84.20 Million ▲ +14.2%
1996 1.72x $124.90 Million $72.50 Million ▼ -80.9%
1995 9.04x $88.60 Million $9.80 Million ▲ +137.6%
1994 3.80x $79.90 Million $21.00 Million ▲ +31.8%
1993 2.89x $71.00 Million $24.60 Million ▼ -49.7%
1992 5.74x $62.00 Million $10.80 Million ▲ +149.4%
1991 2.30x $48.80 Million $21.20 Million ▲ +105.2%
1990 1.12x $53.40 Million $47.60 Million ▼ -61.6%
1989 2.93x $66.40 Million $22.70 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.