Helmerich and Payne Inc (HP) — Financial Flexibility Index

Latest as of March 2026: 0.03x

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 Helmerich and Payne Inc (HP) strategic asset index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.03x
Free Cash Flow / Total Liabilities

Free Cash Flow

$99.44 Million
Operating CF − Capex

Total Liabilities

$3.71 Billion
USD

Capital Expenditures

$62.86 Million
USD

Helmerich and Payne Inc Financial Flexibility Index (1989–2025)

Historical Financial Flexibility Index trend for Helmerich and Payne Inc across 37 annual periods. See working capital to net assets of Helmerich and Payne Inc to evaluate short-term liquidity relative to the company's equity base.

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. For the full company profile including market capitalisation, see HP company net worth.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities