Helmerich and Payne Inc (HP) — Financial Flexibility Index
Helmerich and Payne Inc (HP) has a Financial Flexibility Index of 0.03x as of March 2026. Free cash flow of $99.44 Million (operating CF $36.58 Million minus capex $62.86 Million) represents 0% of total liabilities ($3.71 Billion). Check HP cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Helmerich and Payne Inc Financial Flexibility Index (1989–2025)
Historical Financial Flexibility Index trend for Helmerich and Payne Inc across 37 annual periods. For the full cash flow conversion analysis, see Helmerich and Payne Inc operating cash flow efficiency.
Annual Financial Flexibility Index for Helmerich and Payne Inc (1989–2025)
Year-by-year free cash flow to debt coverage for Helmerich and Payne Inc. Explore HP operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.25x | $969.32 Million | $542.95 Million | $3.88 Billion | ▼ -39.3% |
| 2024 | 0.41x | $1.18 Billion | $684.66 Million | $2.86 Billion | ▼ -44.1% |
| 2023 | 0.74x | $1.23 Billion | $833.68 Million | $1.67 Billion | ▲ +139.4% |
| 2022 | 0.31x | $506.45 Million | $233.91 Million | $1.64 Billion | ▲ +198.8% |
| 2021 | 0.10x | $218.59 Million | $136.44 Million | $2.12 Billion | ▼ -77.1% |
| 2020 | 0.45x | $679.68 Million | $538.88 Million | $1.51 Billion | ▼ -37.5% |
| 2019 | 0.72x | $1.31 Billion | $855.75 Million | $1.83 Billion | ▲ +30.3% |
| 2018 | 0.55x | $1.01 Billion | $544.53 Million | $1.83 Billion | ▲ +66.4% |
| 2017 | 0.33x | $754.78 Million | $357.22 Million | $2.28 Billion | ▼ -25.5% |
| 2016 | 0.45x | $1.01 Billion | $753.60 Million | $2.27 Billion | ▼ -60.7% |
| 2015 | 1.13x | $2.55 Billion | $1.42 Billion | $2.25 Billion | ▲ +0.1% |
| 2014 | 1.13x | $2.07 Billion | $1.12 Billion | $1.83 Billion | ▲ +14.1% |
| 2013 | 0.99x | $1.81 Billion | $997.18 Million | $1.82 Billion | ▼ -10.8% |
| 2012 | 1.11x | $2.10 Billion | $1.00 Billion | $1.89 Billion | ▲ +15.4% |
| 2011 | 0.96x | $1.67 Billion | $977.55 Million | $1.73 Billion | ▲ +77.5% |
| 2010 | 0.54x | $791.86 Million | $462.29 Million | $1.46 Billion | ▼ -54.9% |
| 2009 | 1.20x | $1.78 Billion | $897.32 Million | $1.48 Billion | ▲ +20.9% |
| 2008 | 1.00x | $1.32 Billion | $610.83 Million | $1.32 Billion | ▼ -26.8% |
| 2007 | 1.36x | $1.46 Billion | $561.07 Million | $1.07 Billion | ▲ +24.1% |
| 2006 | 1.10x | $825.29 Million | $296.39 Million | $752.82 Million | ▲ +114.1% |
| 2005 | 0.51x | $299.04 Million | $212.24 Million | $584.11 Million | ▲ +12.4% |
| 2004 | 0.46x | $224.37 Million | $135.40 Million | $492.73 Million | ▼ -33.8% |
| 2003 | 0.69x | $342.81 Million | $96.50 Million | $498.58 Million | ▼ -55.5% |
| 2002 | 1.55x | $513.46 Million | $201.40 Million | $332.14 Million | ▼ -5.6% |
| 2001 | 1.64x | $553.53 Million | $278.86 Million | $338.03 Million | ▲ +49.0% |
| 2000 | 1.10x | $333.77 Million | $201.84 Million | $303.79 Million | ▲ +2.0% |
| 1999 | 1.08x | $281.70 Million | $158.70 Million | $261.60 Million | ▼ -15.7% |
| 1998 | 1.28x | $379.80 Million | $113.50 Million | $297.30 Million | ▼ -1.1% |
| 1997 | 1.29x | $326.80 Million | $165.60 Million | $253.00 Million | ▼ -3.3% |
| 1996 | 1.34x | $234.90 Million | $124.90 Million | $175.90 Million | ▼ -1.0% |
| 1995 | 1.35x | $199.40 Million | $88.60 Million | $147.80 Million | ▼ -25.8% |
| 1994 | 1.82x | $182.80 Million | $79.90 Million | $100.50 Million | ▲ +52.6% |
| 1993 | 1.19x | $121.60 Million | $71.00 Million | $102.00 Million | ▼ -23.2% |
| 1992 | 1.55x | $143.20 Million | $62.00 Million | $92.20 Million | ▼ -11.8% |
| 1991 | 1.76x | $148.10 Million | $48.80 Million | $84.10 Million | ▲ +93.3% |
| 1990 | 0.91x | $94.20 Million | $53.40 Million | $103.40 Million | ▲ +9.7% |
| 1989 | 0.83x | $122.70 Million | $66.40 Million | $147.80 Million | — |