Helmerich and Payne Inc (HP) — Cash Flow Reinvestment Rate

Latest as of March 2026: 1.72x

Helmerich and Payne Inc (HP) has a Cash Flow Reinvestment Rate of 1.72x as of March 2026, reinvesting $62.86 Million (capex $62.86 Million ) from operating cash flow of $36.58 Million. See Helmerich and Payne Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

Reinvestment Rate

1.72x
(Capex + Investments) / Operating CF

Total Reinvested

$62.86 Million
Capex + Investments

Operating Cash Flow

$36.58 Million
USD

Capital Expenditures

$62.86 Million
USD

Helmerich and Payne Inc Cash Flow Reinvestment Rate (1989–2025)

Historical reinvestment intensity for Helmerich and Payne Inc across 37 annual periods. For the full cash flow conversion analysis, see Helmerich and Payne Inc cash conversion from operations.

Annual Cash Flow Reinvestment Rate for Helmerich and Payne Inc (1989–2025)

Year-by-year capital reinvestment analysis for Helmerich and Payne Inc. See financial flexibility index of Helmerich and Payne Inc to measure the company's free cash flow as a share of total liabilities.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 4.33x $2.35 Billion $542.95 Million $426.37 Million ▲ +210.9%
2024 1.39x $953.82 Million $684.66 Million $495.07 Million ▲ +61.7%
2023 0.86x $718.04 Million $833.68 Million $395.46 Million ▼ -54.2%
2022 1.88x $439.85 Million $233.91 Million $272.54 Million ▼ -12.1%
2021 2.14x $292.03 Million $136.44 Million $82.15 Million ▲ +595.9%
2020 0.31x $165.73 Million $538.88 Million $140.79 Million ▼ -42.7%
2019 0.54x $459.51 Million $855.75 Million $458.40 Million ▼ -45.6%
2018 0.99x $537.63 Million $544.53 Million $466.58 Million ▼ -24.5%
2017 1.31x $467.43 Million $357.22 Million $397.57 Million ▲ +213.6%
2016 0.42x $314.44 Million $753.60 Million $257.17 Million ▼ -49.8%
2015 0.83x $1.18 Billion $1.42 Billion $1.13 Billion ▼ -7.2%
2014 0.90x $1.00 Billion $1.12 Billion $952.89 Million ▼ -14.2%
2013 1.04x $1.04 Billion $997.18 Million $809.07 Million ▼ -4.8%
2012 1.10x $1.10 Billion $1.00 Billion $1.10 Billion ▲ +53.6%
2011 0.71x $698.20 Million $977.55 Million $694.26 Million ▼ -3.5%
2010 0.74x $342.07 Million $462.29 Million $329.57 Million ▼ -25.7%
2009 1.00x $893.25 Million $897.32 Million $880.75 Million ▼ -13.8%
2008 1.16x $705.63 Million $610.83 Million $705.63 Million ▼ -27.5%
2007 1.59x $894.21 Million $561.07 Million $894.21 Million ▼ -10.7%
2006 1.78x $528.90 Million $296.39 Million $528.90 Million ▲ +336.3%
2005 0.41x $86.81 Million $212.24 Million $86.81 Million ▼ -37.8%
2004 0.66x $88.97 Million $135.40 Million $88.97 Million ▼ -74.3%
2003 2.55x $246.30 Million $96.50 Million $246.30 Million ▲ +64.7%
2002 1.55x $312.06 Million $201.40 Million $312.06 Million ▲ +57.3%
2001 0.98x $274.67 Million $278.86 Million $274.67 Million ▲ +50.7%
2000 0.65x $131.93 Million $201.84 Million $131.93 Million ▼ -15.7%
1999 0.78x $123.00 Million $158.70 Million $123.00 Million ▼ -67.0%
1998 2.35x $266.30 Million $113.50 Million $266.30 Million ▲ +141.0%
1997 0.97x $161.20 Million $165.60 Million $161.20 Million ▲ +10.5%
1996 0.88x $110.00 Million $124.90 Million $110.00 Million ▼ -29.6%
1995 1.25x $110.80 Million $88.60 Million $110.80 Million ▼ -2.9%
1994 1.29x $102.90 Million $79.90 Million $102.90 Million ▲ +80.7%
1993 0.71x $50.60 Million $71.00 Million $50.60 Million ▼ -45.6%
1992 1.31x $81.20 Million $62.00 Million $81.20 Million ▼ -35.6%
1991 2.03x $99.30 Million $48.80 Million $99.30 Million ▲ +166.3%
1990 0.76x $40.80 Million $53.40 Million $40.80 Million ▼ -9.9%
1989 0.85x $56.30 Million $66.40 Million $56.30 Million
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow