Helmerich & Payne (HP) Free Cash Flow (2009 - 2026)
Helmerich & Payne (HP) reported Free Cash Flow of -$26.3 million for Q1 2026, up 74.41% year-over-year from -$15.1 million in Q1 2025, and down 122.88% on a QoQ basis from $114.9 million in Q4 2025.
Helmerich & Payne (HP) has 18 years of Free Cash Flow data on file, last reported at -$26.3 million in Q1 2026.
- Quarterly Free Cash Flow rose 74.41% year-over-year to -$26.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $256.0 million (up 241.52% YoY) and the FY2025 annual result came in at $116.6 million, down 38.51% from the prior year.
- Free Cash Flow retreated to -$26.3 million in Q1 2026 per HP's latest filing, from $114.9 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $192.4 million in Q2 2023 and bottomed at -$102.7 million in Q1 2025.
- The 5-year median for Free Cash Flow is $51.9 million (2024), against an average of $50.8 million.
- The widest annual swing landed in 2023, when Free Cash Flow jumped 604.14%; it then plunged 504.04% in 2025.
- Tracing HP's Free Cash Flow over 5 years: stood at $89.3 million in 2022, then slumped by 57.04% to $38.4 million in 2023, then surged by 35.13% to $51.9 million in 2024, then jumped by 121.43% to $114.9 million in 2025, then plunged by 122.88% to -$26.3 million in 2026.
- Per Business Quant, the three latest HP Free Cash Flow figures stand at -$26.3 million (Q1 2026), $114.9 million (Q4 2025), and $142.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 93.45 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 169.44 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 136.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -52.77 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -26.28 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | -35.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -103.27 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | -51.62 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 35.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -26.28 Mn |
| Mar 31, 2026 | -26.28 Mn |
| Dec 31, 2025 | 114.86 Mn |
| Dec 31, 2025 | 114.86 Mn |
| Sep 30, 2025 | 142.81 Mn |
| Sep 30, 2025 | 142.81 Mn |
| Jun 30, 2025 | 24.60 Mn |
| Jun 30, 2025 | 24.60 Mn |
| Mar 31, 2025 | -102.70 Mn |
| Mar 31, 2025 | -102.70 Mn |
| Dec 31, 2024 | 51.87 Mn |
| Dec 31, 2024 | 51.87 Mn |
| Sep 30, 2024 | 62.78 Mn |
| Sep 30, 2024 | 62.78 Mn |
| Jun 30, 2024 | 63.01 Mn |
| Jun 30, 2024 | 63.01 Mn |
| Mar 31, 2024 | 25.42 Mn |
| Mar 31, 2024 | 25.42 Mn |
| Dec 31, 2023 | 38.39 Mn |
| Dec 31, 2023 | 38.39 Mn |
| Sep 30, 2023 | 101.01 Mn |
| Sep 30, 2023 | 101.01 Mn |
| Jun 30, 2023 | 192.44 Mn |
| Jun 30, 2023 | 192.44 Mn |
| Mar 31, 2023 | 55.43 Mn |
| Mar 31, 2023 | 55.43 Mn |
| Dec 31, 2022 | 89.35 Mn |
| Dec 31, 2022 | 89.35 Mn |
| Sep 30, 2022 | 41.28 Mn |
| Sep 30, 2022 | 41.28 Mn |
| Jun 30, 2022 | 27.33 Mn |
| Jun 30, 2022 | 27.33 Mn |
| Mar 31, 2022 | -37.87 Mn |
| Mar 31, 2022 | -37.87 Mn |
| Dec 31, 2021 | -47.72 Mn |
| Dec 31, 2021 | -47.72 Mn |
| Sep 30, 2021 | 13.64 Mn |
| Sep 30, 2021 | 13.64 Mn |
| Jun 30, 2021 | 12.59 Mn |
| Jun 30, 2021 | 12.59 Mn |
| Mar 31, 2021 | 61.65 Mn |
| Mar 31, 2021 | 61.65 Mn |
| Dec 31, 2020 | -33.59 Mn |
| Dec 31, 2020 | -33.59 Mn |
| Sep 30, 2020 | 72.76 Mn |
| Sep 30, 2020 | 72.76 Mn |
| Jun 30, 2020 | 187.00 Mn |
| Jun 30, 2020 | 187.00 Mn |
| Mar 31, 2020 | 72.57 Mn |
| Mar 31, 2020 | 72.57 Mn |
| Dec 31, 2019 | 65.76 Mn |
| Dec 31, 2019 | 65.76 Mn |
| Sep 30, 2019 | 141.49 Mn |
| Sep 30, 2019 | 141.49 Mn |
| Jun 30, 2019 | 176.82 Mn |
| Jun 30, 2019 | 176.82 Mn |
| Mar 31, 2019 | 65.62 Mn |
| Mar 31, 2019 | 65.62 Mn |
| Dec 31, 2018 | 13.41 Mn |
| Dec 31, 2018 | 13.41 Mn |
| Sep 30, 2018 | 42.50 Mn |
| Sep 30, 2018 | 42.50 Mn |
| Jun 30, 2018 | 32.32 Mn |
| Jun 30, 2018 | 32.32 Mn |
| Mar 31, 2018 | 28.49 Mn |
| Mar 31, 2018 | 28.49 Mn |
| Dec 31, 2017 | -12.04 Mn |
| Dec 31, 2017 | -12.04 Mn |
| Sep 30, 2017 | 33.80 Mn |
| Sep 30, 2017 | 33.80 Mn |
| Jun 30, 2017 | -35.00 Mn |
| Jun 30, 2017 | -35.00 Mn |
| Mar 31, 2017 | -17.27 Mn |
| Mar 31, 2017 | -17.27 Mn |
| Dec 31, 2016 | -7.76 Mn |
| Dec 31, 2016 | -7.76 Mn |
| Sep 30, 2016 | 101.52 Mn |
| Sep 30, 2016 | 101.52 Mn |
| Jun 30, 2016 | 83.76 Mn |
| Jun 30, 2016 | 83.76 Mn |
| Mar 31, 2016 | 118.31 Mn |
| Mar 31, 2016 | 118.31 Mn |
| Dec 31, 2015 | 193.73 Mn |
| Dec 31, 2015 | 193.73 Mn |
| Sep 30, 2015 | 117.13 Mn |
| Sep 30, 2015 | 117.13 Mn |
| Jun 30, 2015 | 129.46 Mn |
| Jun 30, 2015 | 129.46 Mn |
| Mar 31, 2015 | 27.20 Mn |
| Mar 31, 2015 | 27.20 Mn |
| Dec 31, 2014 | 23.34 Mn |
| Dec 31, 2014 | 23.34 Mn |
| Sep 30, 2014 | 1.68 Mn |
| Sep 30, 2014 | 1.68 Mn |
| Jun 30, 2014 | -7.41 Mn |
| Jun 30, 2014 | -7.41 Mn |
| Mar 31, 2014 | 19.06 Mn |
| Mar 31, 2014 | 19.06 Mn |
| Dec 31, 2013 | 164.22 Mn |
| Dec 31, 2013 | 164.22 Mn |
| Sep 30, 2013 | 45.21 Mn |
| Sep 30, 2013 | 45.21 Mn |
| Jun 30, 2013 | 87.07 Mn |
| Jun 30, 2013 | 87.07 Mn |
| Mar 31, 2013 | -66.64 Mn |
| Mar 31, 2013 | -66.64 Mn |
| Dec 31, 2012 | 122.48 Mn |
| Dec 31, 2012 | 122.48 Mn |
| Sep 30, 2012 | 63.92 Mn |
| Sep 30, 2012 | 63.92 Mn |
| Jun 30, 2012 | -107.44 Mn |
| Jun 30, 2012 | -107.44 Mn |
| Mar 31, 2012 | -33.53 Mn |
| Mar 31, 2012 | -33.53 Mn |
| Dec 31, 2011 | -20.29 Mn |
| Dec 31, 2011 | -20.29 Mn |
| Sep 30, 2011 | 713.78 Mn |
| Sep 30, 2011 | 713.78 Mn |
| Jun 30, 2011 | 37.17 Mn |
| Jun 30, 2011 | 37.17 Mn |
| Mar 31, 2011 | 42.85 Mn |
| Mar 31, 2011 | 42.85 Mn |
| Dec 31, 2010 | 122.65 Mn |
| Dec 31, 2010 | 122.65 Mn |
| Sep 30, 2010 | 18.37 Mn |
| Sep 30, 2010 | 18.37 Mn |
| Jun 30, 2010 | 30.05 Mn |
| Jun 30, 2010 | 30.05 Mn |
| Mar 31, 2010 | 25.81 Mn |
| Mar 31, 2010 | 25.81 Mn |
| Dec 31, 2009 | 58.49 Mn |
| Dec 31, 2009 | 58.49 Mn |
| Sep 30, 2009 | 19.55 Mn |
| Sep 30, 2009 | 19.55 Mn |
| Jun 30, 2009 | 34.94 Mn |
| Jun 30, 2009 | 34.94 Mn |
| Mar 31, 2009 | -39.59 Mn |
| Mar 31, 2009 | -39.59 Mn |