Helmerich & Payne, Inc.
For the period ended Sep 30, 2025. Filed Nov 21, 2025.
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A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2025 · Filed Nov 21, 2025
HP$35.70+0.8%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets and
| HELMERICH & PAYNE, INC. | ||
|---|---|---|
| CONSOLIDATED BALANCE SHEETS | ||
| September 30, | ||
| (in thousands except share data and per share amounts) | 2025 | 2024 |
| ASSETS | ||
| Current Assets: | ||
| Cash and cash equivalents | $196,848 | $217,341 |
| Restricted cash | 27,412 | 68,902 |
| Short-term investments | 21,496 | 292,919 |
| Accounts receivable, net of allowance of $19,647 and $2,977, respectively | 782,644 | 418,604 |
| Inventories of materials and supplies, net | 324,326 | 117,884 |
| Prepaid expenses and other, net | 97,518 | 76,419 |
| Assets held-for-sale | 15,231 | — |
| Total current assets | 1,465,475 | 1,192,069 |
| Investments, net | 68,198 | 100,567 |
| Property, plant and equipment, net | 4,313,074 | 3,016,277 |
| Other Noncurrent Assets: | ||
| Goodwill | 182,854 | 45,653 |
| Intangible assets, net | 485,540 | 54,147 |
| Operating lease right-of-use assets | 123,598 | 67,076 |
| Restricted cash | 1,640 | 1,242,417 |
| Other assets, net | 65,359 | 63,692 |
| Total other noncurrent assets | 858,991 | 1,472,985 |
| Total assets | $6,705,738 | $5,781,898 |
| LIABILITIES & SHAREHOLDERS' EQUITY | ||
| Current Liabilities: | ||
| Accounts payable | $217,923 | $135,084 |
| Dividends payable | 25,199 | 25,024 |
| Accrued liabilities | 564,855 | 286,841 |
| Current portion of long-term debt, net | 6,859 | — |
| Total current liabilities | 814,836 | 446,949 |
| Noncurrent Liabilities: | ||
| Long-term debt, net | 2,057,084 | 1,782,182 |
| Deferred income taxes | 624,000 | 495,481 |
| Retirement benefit obligation | 109,864 | 6,524 |
| Other | 270,616 | 133,610 |
| Total noncurrent liabilities | 3,061,564 | 2,417,797 |
| Commitments and Contingencies (Note 16) | ||
| Shareholders' Equity: | ||
| Common stock, $0.10 par value, 160,000,000 shares authorized, 112,222,865 shares issued as of September 30, 2025 and 2024, and 99,446,577 and 98,755,412 shares outstanding as of September 30, 2025 and 2024, respectively | 11,222 | 11,222 |
| Preferred stock, no par value, 1,000,000 shares authorized, no shares issued | — | — |
| Additional paid-in capital | 513,050 | 518,083 |
| Retained earnings | 2,619,090 | 2,883,590 |
| Accumulated other comprehensive income (loss) | 44,964 | (6,350) |
| Treasury stock, at cost, 12,776,288 shares and 13,467,453 shares as of September 30, 2025 and 2024, respectively | (463,536) | (489,393) |
| Non-controlling interest | 104,548 | — |
| Total shareholders’ equity | 2,829,338 | 2,917,152 |
| Total liabilities and shareholders' equity | $6,705,738 | $5,781,898 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.