Helmerich and Payne Inc
Helmerich & Payne, Inc., together with its subsidiaries, provides drilling solutions and technologies for oil and gas exploration and production companies. The company operates through North America Solutions, Offshore Solutions, and International Solutions segments. The North America Solutions segment conducts operations primarily in Texas. The Offshore Solutions segment has drilling operations … Read more
Helmerich and Payne Inc (HP) - Net Assets
Latest net assets as of September 2025: $2.83 Billion USD
Based on the latest financial reports, Helmerich and Payne Inc (HP) has net assets worth $2.83 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.71 Billion) and total liabilities ($3.88 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.83 Billion |
| % of Total Assets | 42.19% |
| Annual Growth Rate | 4.84% |
| 5-Year Change | -2.86% |
| 10-Year Change | -37.97% |
| Growth Volatility | 11.0 |
Helmerich and Payne Inc - Net Assets Trend (1985–2025)
This chart illustrates how Helmerich and Payne Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Helmerich and Payne Inc (1985–2025)
The table below shows the annual net assets of Helmerich and Payne Inc from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $2.83 Billion | -3.01% |
| 2024-09-30 | $2.92 Billion | +5.24% |
| 2023-09-30 | $2.77 Billion | +0.23% |
| 2022-09-30 | $2.77 Billion | -5.05% |
| 2021-09-30 | $2.91 Billion | -12.23% |
| 2020-09-30 | $3.32 Billion | -17.29% |
| 2019-09-30 | $4.01 Billion | -8.45% |
| 2018-09-30 | $4.38 Billion | +5.24% |
| 2017-09-30 | $4.16 Billion | -8.69% |
| 2016-09-30 | $4.56 Billion | -6.87% |
| 2015-09-30 | $4.90 Billion | +0.13% |
| 2014-09-30 | $4.89 Billion | +10.06% |
| 2013-09-30 | $4.44 Billion | +15.87% |
| 2012-09-30 | $3.83 Billion | +17.28% |
| 2011-09-30 | $3.27 Billion | +16.48% |
| 2010-09-30 | $2.81 Billion | +4.64% |
| 2009-09-30 | $2.68 Billion | +18.43% |
| 2008-09-30 | $2.27 Billion | +24.78% |
| 2007-09-30 | $1.82 Billion | +31.38% |
| 2006-09-30 | $1.38 Billion | +28.04% |
| 2005-09-30 | $1.08 Billion | +18.06% |
| 2004-09-30 | $914.11 Million | -0.34% |
| 2003-09-30 | $917.25 Million | +2.47% |
| 2002-09-30 | $895.17 Million | -12.79% |
| 2001-09-30 | $1.03 Billion | +7.41% |
| 2000-09-30 | $955.70 Million | +12.69% |
| 1999-09-30 | $848.10 Million | +6.93% |
| 1998-09-30 | $793.10 Million | +1.60% |
| 1997-09-30 | $780.60 Million | +20.84% |
| 1996-09-30 | $646.00 Million | +14.86% |
| 1995-09-30 | $562.40 Million | +7.27% |
| 1994-09-30 | $524.30 Million | +3.03% |
| 1993-09-30 | $508.90 Million | +3.16% |
| 1992-09-30 | $493.30 Million | +0.45% |
| 1991-09-30 | $491.10 Million | +2.42% |
| 1990-09-30 | $479.50 Million | +8.14% |
| 1989-09-30 | $443.40 Million | +2.92% |
| 1988-09-30 | $430.80 Million | +2.38% |
| 1987-09-30 | $420.80 Million | +3.09% |
| 1986-09-30 | $408.20 Million | -4.60% |
| 1985-09-30 | $427.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Helmerich and Payne Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 560.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.62 Billion | 96.12% |
| Common Stock | $11.22 Million | 0.41% |
| Other Comprehensive Income | $44.96 Million | 1.65% |
| Other Components | $49.51 Million | 1.82% |
| Total Equity | $2.72 Billion | 100.00% |
Helmerich and Payne Inc Competitors by Market Cap
The table below lists competitors of Helmerich and Payne Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dyno Nobel Ltd
AU:DNL
|
$3.05 Billion |
|
WeRide Inc. American Depositary Shares
NASDAQ:WRD
|
$3.05 Billion |
|
Metso Outotec Corp OTC
PINK:OUKPY
|
$3.05 Billion |
|
Azelis Group NV
PINK:AZLGF
|
$3.05 Billion |
|
Korea Zinc Inc
KO:010130
|
$3.05 Billion |
|
Choice Properties Real Estate Investment Trust
PINK:PPRQF
|
$3.04 Billion |
|
Guangzhou Baiyunshan Pharmaceutical Holdings Co Ltd
SHG:600332
|
$3.04 Billion |
|
SM Energy Co
NYSE:SM
|
$3.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Helmerich and Payne Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,917,152,000 to 2,724,790,000, a change of -192,362,000 (-6.6%).
- Net loss of 163,695,000 reduced equity.
- Dividend payments of 100,735,000 reduced retained earnings.
- Other comprehensive income increased equity by 51,314,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-163.69 Million | -6.01% |
| Dividends Paid | $100.73 Million | -3.7% |
| Other Comprehensive Income | $51.31 Million | +1.88% |
| Other Changes | $20.75 Million | +0.76% |
| Total Change | $- | -6.59% |
Book Value vs Market Value Analysis
This analysis compares Helmerich and Payne Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.37x to 1.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-09-30 | $4.25 | $35.61 | x |
| 1986-09-30 | $3.82 | $35.61 | x |
| 1987-09-30 | $3.93 | $35.61 | x |
| 1988-09-30 | $4.02 | $35.61 | x |
| 1989-09-30 | $4.59 | $35.61 | x |
| 1990-09-30 | $4.90 | $35.61 | x |
| 1991-09-30 | $4.59 | $35.61 | x |
| 1992-09-30 | $5.02 | $35.61 | x |
| 1993-09-30 | $5.16 | $35.61 | x |
| 1994-09-30 | $5.30 | $35.61 | x |
| 1995-09-30 | $5.68 | $35.61 | x |
| 1996-09-30 | $1.64 | $35.61 | x |
| 1997-09-30 | $1.94 | $35.61 | x |
| 1998-09-30 | $7.84 | $35.61 | x |
| 1999-09-30 | $8.51 | $35.61 | x |
| 2000-09-30 | $9.55 | $35.61 | x |
| 2001-09-30 | $10.08 | $35.61 | x |
| 2002-09-30 | $8.90 | $35.61 | x |
| 2003-09-30 | $9.07 | $35.61 | x |
| 2004-09-30 | $8.99 | $35.61 | x |
| 2005-09-30 | $5.19 | $35.61 | x |
| 2006-09-30 | $13.03 | $35.61 | x |
| 2007-09-30 | $17.27 | $35.61 | x |
| 2008-09-30 | $21.29 | $35.61 | x |
| 2009-09-30 | $25.16 | $35.61 | x |
| 2010-09-30 | $26.13 | $35.61 | x |
| 2011-09-30 | $30.10 | $35.61 | x |
| 2012-09-30 | $35.39 | $35.61 | x |
| 2013-09-30 | $41.19 | $35.61 | x |
| 2014-09-30 | $44.81 | $35.61 | x |
| 2015-09-30 | $45.11 | $35.61 | x |
| 2016-09-30 | $42.23 | $35.61 | x |
| 2017-09-30 | $38.38 | $35.61 | x |
| 2018-09-30 | $40.07 | $35.61 | x |
| 2019-09-30 | $36.74 | $35.61 | x |
| 2020-09-30 | $30.72 | $35.61 | x |
| 2021-09-30 | $27.01 | $35.61 | x |
| 2022-09-30 | $25.95 | $35.61 | x |
| 2023-09-30 | $26.95 | $35.61 | x |
| 2024-09-30 | $29.45 | $35.61 | x |
| 2025-09-30 | $27.45 | $35.61 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Helmerich and Payne Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -6.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.37%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 2.46x
- Recent ROE (-6.01%) is below the historical average (7.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 4.32% | 10.96% | 0.27x | 1.44x | $-24.29 Million |
| 1986 | 1.71% | 4.36% | 0.28x | 1.38x | $-33.82 Million |
| 1987 | 5.23% | 14.29% | 0.27x | 1.36x | $-20.08 Million |
| 1988 | 4.69% | 12.96% | 0.27x | 1.34x | $-22.88 Million |
| 1989 | 5.12% | 13.26% | 0.29x | 1.33x | $-21.64 Million |
| 1990 | 9.93% | 19.96% | 0.41x | 1.22x | $-350.00K |
| 1991 | 4.32% | 11.13% | 0.33x | 1.17x | $-27.91 Million |
| 1992 | 2.19% | 4.51% | 0.41x | 1.19x | $-38.53 Million |
| 1993 | 4.83% | 7.81% | 0.52x | 1.20x | $-26.29 Million |
| 1994 | 4.77% | 7.60% | 0.53x | 1.19x | $-27.43 Million |
| 1995 | 1.74% | 3.01% | 0.46x | 1.26x | $-46.44 Million |
| 1996 | 11.22% | 18.71% | 0.47x | 1.27x | $7.90 Million |
| 1997 | 10.79% | 16.26% | 0.50x | 1.32x | $6.14 Million |
| 1998 | 12.76% | 15.90% | 0.58x | 1.37x | $21.89 Million |
| 1999 | 5.05% | 7.58% | 0.51x | 1.31x | $-42.01 Million |
| 2000 | 8.61% | 13.04% | 0.50x | 1.32x | $-13.27 Million |
| 2001 | 14.05% | 17.45% | 0.61x | 1.33x | $41.61 Million |
| 2002 | 7.10% | 12.43% | 0.42x | 1.37x | $-26.00 Million |
| 2003 | 1.95% | 3.47% | 0.36x | 1.54x | $-73.85 Million |
| 2004 | 0.48% | 0.70% | 0.44x | 1.54x | $-87.05 Million |
| 2005 | 11.82% | 15.94% | 0.48x | 1.54x | $19.68 Million |
| 2006 | 21.26% | 23.99% | 0.57x | 1.54x | $155.67 Million |
| 2007 | 24.75% | 27.57% | 0.56x | 1.59x | $267.71 Million |
| 2008 | 20.38% | 22.67% | 0.57x | 1.58x | $235.19 Million |
| 2009 | 13.18% | 18.66% | 0.46x | 1.55x | $85.24 Million |
| 2010 | 5.57% | 8.34% | 0.44x | 1.52x | $-124.43 Million |
| 2011 | 13.28% | 17.07% | 0.51x | 1.53x | $107.18 Million |
| 2012 | 15.15% | 18.44% | 0.55x | 1.49x | $197.55 Million |
| 2013 | 16.58% | 21.75% | 0.54x | 1.41x | $292.27 Million |
| 2014 | 14.49% | 19.05% | 0.55x | 1.37x | $219.62 Million |
| 2015 | 8.62% | 13.34% | 0.44x | 1.46x | $-67.52 Million |
| 2016 | -1.25% | -3.50% | 0.24x | 1.50x | $-512.92 Million |
| 2017 | -3.08% | -7.10% | 0.28x | 1.55x | $-544.67 Million |
| 2018 | 11.01% | 19.41% | 0.40x | 1.42x | $44.40 Million |
| 2019 | -0.81% | -1.16% | 0.48x | 1.46x | $-433.73 Million |
| 2020 | -14.90% | -27.88% | 0.37x | 1.46x | $-826.35 Million |
| 2021 | -11.20% | -26.77% | 0.24x | 1.73x | $-617.41 Million |
| 2022 | 0.25% | 0.34% | 0.47x | 1.59x | $-269.59 Million |
| 2023 | 15.66% | 15.11% | 0.65x | 1.60x | $156.91 Million |
| 2024 | 11.80% | 12.49% | 0.48x | 1.98x | $52.45 Million |
| 2025 | -6.01% | -4.37% | 0.56x | 2.46x | $-436.17 Million |
Industry Comparison
This section compares Helmerich and Payne Inc's net assets metrics with peer companies in the Oil & Gas Drilling industry.
Industry Context
- Industry: Oil & Gas Drilling
- Average net assets among peers: $168,298,265
- Average return on equity (ROE) among peers: -7.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Helmerich and Payne Inc (HP) | $2.83 Billion | 4.32% | 1.37x | $3.05 Billion |
| Agri-Dynamics Inc (AGDY) | $-371.31K | 0.00% | 0.00x | $39.23 |
| AKITA Drilling Ltd (AKTAF) | $124.93 Million | 16.71% | 0.30x | $37.79 Million |
| Archer Limited (ARHVF) | $556.89 Million | 2.23% | 0.75x | $127.09 Million |
| Awilco Drilling PLC (AWLCF) | $-126.95 Million | 0.00% | 0.00x | $16.95 Million |
| Borr Drilling Ltd (BORR) | $993.30 Million | 8.27% | 2.44x | $1.19 Billion |
| Beard Co (BRCOQ) | $10.00 Million | -4.00% | 0.46x | $0.94 |
| Cathedral Energy Services Ltd (CETEF) | $90.77 Million | -6.37% | 0.50x | $68.91 Million |
| EP3Oil, Inc. (EEEP) | $7.39 Million | -22.45% | 0.56x | $101.31 |
| Enseco Energy Services Corp (ENSRF) | $22.49 Million | 0.00% | 0.05x | $0.97 |
| EnerNorth Industries Inc (ENYNF) | $4.54 Million | -66.24% | 2.35x | $0.92 |