Helmerich & Payne, Inc. (HP) is a publicly traded company in the Energy — Oil & Gas Drilling industry listed on NYSE. This overview shows the latest price, key valuation ratios, profitability metrics and financial-health indicators used by fundamental investors.
Helmerich & Payne, Inc., along with its affiliated companies, provides specialized drilling services and innovative solutions to businesses involved in the exploration and production of oil and gas. The company's operations are strategically organized into three distinct divisions: North America Solutions, Offshore Gulf of Mexico, and International Solutions.
Is Helmerich & Payne, Inc. stock overvalued or undervalued in 2026?
As of October 28, 2026, Helmerich & Payne, Inc. (HP) trades at $41.81 with no positive earnings over the last twelve months, according to Kaplio. No valuation verdict: it has no earnings to calculate a P/E from.
Kaplio overview: Helmerich & Payne, Inc.
Market cap $4B · 52 weeks $25 – $48 (17 % below the high) · P/E no earnings · 2027 expected P/E 28.0× · Dividend 2.3 % · Next earnings November 18, 2026 · expected EPS $0.30 · Closing price, Oct 28 · accounts published Aug 5.
- Valuation: EV/EBITDA 7.1× (no earnings).
- Business: 5-year ROIC 2.7 % (weak).
- Balance sheet: Net debt/EBITDA 3.2× (fragile).
- Earnings: 2 of 8 (disappointing).
What would it be worth at its usual multiples?
No valuation verdict: it has no earnings to calculate a P/E from.
In cyclicals the P/E misleads: today's earnings are not the normal ones.
What matters in energy: 3 of 7 pass
- FCF yield 5.9 %, fails.
- 5y avg ROIC 2.7 %, fails.
- Net debt / EBITDA 3.2×, fails.
- Dividend coverage (FCF / div) 1.2×, borderline.
- Positive FCF through the cycle 8 de 10 ejercicios, passes, near the threshold.
- Capex / Revenue 11.4 %, passes.
- EV/EBITDA vs own 10y 7.1×, passes.
Against its peers (reference peers) — Helmerich & Payne, Inc.: P/E —; EV/EBITDA 7.1×; ROIC 4.4 %; $4.2B. Patterson-UTI Energy, Inc. (P/E —; EV/EBITDA 6.9×; ROIC -1.2 %; $4.8B), Oceaneering International, Inc. (P/E 15.0×; EV/EBITDA 9.9×; ROIC 14.4 %; $4.1B), Tidewater Inc. (P/E 17.5×; EV/EBITDA 9.8×; ROIC 11.9 %; $4.3B).
Dividend
tight (only raised recently) · Yield 2.3 % ($1.01 per share in 2025) · 5-year growth -16 % a year · Free cash flow coverage 1.6× · With $1,000 invested today you'd collect $23.00 a year ($1.92 a month).
Profitability
| Return on Equity | -5.27% |
| Return on Invested Capital | 4.41% |
| Return on Assets | -2.19% |
| Gross Margin | 10.49% |
| Operating Margin | 6.07% |
| Net Margin | -3.44% |
Financial Health
| Debt / Equity | 0.72 |
| Current Ratio | 1.96 |
| Piotroski F-Score | 3 |
| Altman Z-Score | 1.68 |
Price Performance
| 1 month | +8.44% |
| 3 months | +14.84% |
| Year-to-date | +38.42% |
| 1 year | +49.36% |
| 3 years | +0.94% |
| 5 years | +27.90% |
| 10 years | -37.09% |
Dividend History
Paid in the last 12 months: $1.0000 per share in 4 payments.
| Date | Amount |
|---|---|
| 2026-11-18 | $0.2500 |
| 2026-08-18 | $0.2500 |
| 2026-05-18 | $0.2500 |
| 2026-02-13 | $0.2500 |
| 2025-11-18 | $0.2500 |
| 2025-08-15 | $0.2500 |
| 2025-05-15 | $0.2500 |
| 2025-02-14 | $0.2500 |
| 2024-11-18 | $0.2500 |
| 2024-08-16 | $0.4200 |
Amounts adjusted for stock splits.
Related companies: PTEN · LBRT · TDW · INSW · OII · USAC · BSM · DKL
Explore sector: Energy · Oil & Gas Drilling
More sections of HP: Financials · Valuation · Statistics · Estimates · Technical · Ownership · News · Events
Discover more: Weekly Radar: the S&P 500 through the Buffett and Lynch methods · Companies that pass the Buffett method today · Companies that pass the Lynch method today · Stocks that pass Graham's defensive investor test today · Investment Academy — learn to analyze stocks