Helmerich & Payne (HP) Capital Expenditures (2009 - 2026)
Helmerich & Payne's Capital Expenditures came in at $69.77 million for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 28.1% from $97 million a year earlier but up 11.0% from the prior quarter.
Helmerich & Payne (HP) Capital Expenditures (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Helmerich & Payne reported Capital Expenditures of $264.34 million, down 43.5% year-over-year; for FY2025 (ended Sep 30, 2025), it came in at $426.37 million, down 13.9% from FY2024.
- Capital Expenditures carries a five-year compound annual growth rate of 24.8% (FY2020 to FY2025).
- Going back by fiscal year, Capital Expenditures was $495.07 million in FY2024 (+25.2%), $395.46 million in FY2023 (+57.6%), $250.89 million in FY2022 (+205.4%) and $82.15 million in FY2021 (-41.7%).
- The five-year range for quarterly Capital Expenditures is $32.98 million (fiscal Q4 2021) to $158.75 million (fiscal Q2 2025).
- Year-over-year, Capital Expenditures has declined for five consecutive quarters, with an average decline of 23.4% over the last eight quarters.
- The fastest year-over-year change in Capital Expenditures over five years came in fiscal Q3 2022 (growth of 282.4%), and the weakest in fiscal Q2 2026 (a decline of 60.4%).
- Business Quant data shows HP's Capital Expenditures at $62.86 million (Q2 2026), $67.57 million (Q1 2026) and $64.14 million (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 459.00 Mn |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 300.00 Mn |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | 60.10 Mn |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | 235.00 Mn |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 81.00 Mn |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | 204.53 Mn |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 42.00 Mn |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 24.00 Mn |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | 105.50 Mn |
| 10 | Helmerich & Payne | 3.75 Bn | 2.92 Bn | 349.94 Mn | 69.77 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.77 Mn |
| Mar 31, 2026 | 62.86 Mn |
| Dec 31, 2025 | 67.57 Mn |
| Sep 30, 2025 | 64.14 Mn |
| Jun 30, 2025 | 97.00 Mn |
| Mar 31, 2025 | 158.75 Mn |
| Dec 31, 2024 | 106.49 Mn |
| Sep 30, 2024 | 105.98 Mn |
| Jun 30, 2024 | 134.38 Mn |
| Mar 31, 2024 | 118.30 Mn |
| Dec 31, 2023 | 136.41 Mn |
| Sep 30, 2023 | 113.67 Mn |
| Jun 30, 2023 | 100.31 Mn |
| Mar 31, 2023 | 85.45 Mn |
| Dec 31, 2022 | 96.03 Mn |
| Sep 30, 2022 | 75.94 Mn |
| Jun 30, 2022 | 70.48 Mn |
| Mar 31, 2022 | 60.47 Mn |
| Dec 31, 2021 | 44.01 Mn |
| Sep 30, 2021 | 32.98 Mn |
Helmerich & Payne Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=HP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "HP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=HP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();