Helmerich Historical Income Statement

HP Stock  USD 40.82  0.43  1.06%   
Historical analysis of Helmerich income statement accounts such as Total Revenue of 3.5 B can show how well Helmerich and Payne performed in making a profits. Evaluating Helmerich income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Helmerich's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Helmerich and Payne latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Helmerich and Payne is a good buy for the upcoming year.
  
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helmerich and Payne. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.

About Helmerich Income Statement Analysis

Helmerich and Payne Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Helmerich shareholders. The income statement also shows Helmerich investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Helmerich Income Statement Chart

Helmerich and Payne Income Statement is one of the three primary financial statements used for reporting Helmerich's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Helmerich and Payne revenue and expense. Helmerich Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Helmerich's Cost Of Revenue is relatively stable compared to the past year. As of 04/30/2024, Income Before Tax is likely to grow to about 716.5 M, while Research Development is likely to drop slightly above 18.9 M.

Total Revenue

Total revenue comprises all receipts Helmerich and Payne generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Helmerich and Payne. It is also known as Helmerich overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Cost Of Revenue

Cost of Revenue is found on Helmerich and Payne income statement and represents the costs associated with goods and services Helmerich provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
Most accounts from Helmerich's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Helmerich and Payne current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helmerich and Payne. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
At this time, Helmerich's Cost Of Revenue is relatively stable compared to the past year. As of 04/30/2024, Income Before Tax is likely to grow to about 716.5 M, while Research Development is likely to drop slightly above 18.9 M.
 2021 2022 2023 2024 (projected)
Cost Of Revenue1.8B2.1B2.4B2.5B
EBITDA425.8M953.6M1.1B1.2B

Helmerich income statement Correlations

0.490.34-0.030.53-0.04-0.030.240.560.11-0.09-0.19-0.03-0.170.33-0.29-0.17-0.090.680.13-0.43-0.220.24-0.30.3
0.49-0.05-0.470.3-0.54-0.53-0.330.290.1-0.6-0.51-0.5-0.620.750.21-0.65-0.550.50.31-0.70.20.260.3-0.39
0.34-0.050.860.930.840.850.940.910.380.780.290.770.590.490.070.620.260.63-0.180.340.060.00.3-0.1
-0.03-0.470.860.620.980.980.940.570.460.940.430.870.810.080.010.80.350.3-0.270.65-0.02-0.170.170.02
0.530.30.930.620.580.60.760.990.370.520.120.560.310.730.110.350.080.79-0.080.030.130.130.36-0.2
-0.04-0.540.840.980.581.00.950.560.290.970.470.890.840.03-0.010.840.440.24-0.280.7-0.04-0.20.150.06
-0.03-0.530.850.980.61.00.960.570.30.960.460.890.830.050.00.840.430.25-0.280.69-0.04-0.190.160.05
0.24-0.330.940.940.760.950.960.750.310.90.390.850.750.2-0.10.750.370.46-0.240.54-0.1-0.110.120.1
0.560.290.910.570.990.560.570.750.240.50.130.540.290.720.090.350.130.77-0.080.020.110.130.34-0.18
0.110.10.380.460.370.290.30.310.240.24-0.010.240.170.210.170.15-0.230.42-0.030.040.130.040.14-0.13
-0.09-0.60.780.940.520.970.960.90.50.240.680.950.830.0-0.050.910.490.18-0.510.71-0.05-0.150.180.06
-0.19-0.510.290.430.120.470.460.390.13-0.010.680.720.45-0.11-0.170.740.44-0.07-0.940.43-0.080.050.20.05
-0.03-0.50.770.870.560.890.890.850.540.240.950.720.60.09-0.040.970.450.15-0.570.47-0.090.170.20.09
-0.17-0.620.590.810.310.840.830.750.290.170.830.450.6-0.16-0.040.570.440.17-0.280.930.02-0.660.11-0.01
0.330.750.490.080.730.030.050.20.720.210.0-0.110.09-0.160.42-0.13-0.250.660.02-0.310.410.190.71-0.67
-0.290.210.070.010.11-0.010.0-0.10.090.17-0.05-0.17-0.04-0.040.42-0.07-0.25-0.060.110.060.67-0.090.66-0.74
-0.17-0.650.620.80.350.840.840.750.350.150.910.740.970.57-0.13-0.070.47-0.08-0.590.51-0.150.180.080.2
-0.09-0.550.260.350.080.440.430.370.13-0.230.490.440.450.44-0.25-0.250.470.1-0.130.3-0.09-0.03-0.180.18
0.680.50.630.30.790.240.250.460.770.420.18-0.070.150.170.66-0.06-0.080.10.08-0.150.13-0.020.17-0.23
0.130.31-0.18-0.27-0.08-0.28-0.28-0.24-0.08-0.03-0.51-0.94-0.57-0.280.020.11-0.59-0.130.08-0.30.07-0.1-0.250.02
-0.43-0.70.340.650.030.70.690.540.020.040.710.430.470.93-0.310.060.510.3-0.15-0.30.05-0.730.16-0.05
-0.220.20.06-0.020.13-0.04-0.04-0.10.110.13-0.05-0.08-0.090.020.410.67-0.15-0.090.130.070.05-0.160.63-0.74
0.240.260.0-0.170.13-0.2-0.19-0.110.130.04-0.150.050.17-0.660.19-0.090.18-0.03-0.02-0.1-0.73-0.16-0.120.2
-0.30.30.30.170.360.150.160.120.340.140.180.20.20.110.710.660.08-0.180.17-0.250.160.63-0.12-0.89
0.3-0.39-0.10.02-0.20.060.050.1-0.18-0.130.060.050.09-0.01-0.67-0.740.20.18-0.230.02-0.05-0.740.2-0.89
Click cells to compare fundamentals

Helmerich Account Relationship Matchups

Helmerich income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization481.9M419.7M403.2M382.3M439.7M243.5M
Interest Expense24.5M24.0M19.2M17.3M19.9M20.9M
Total Revenue1.8B1.2B2.1B2.9B3.3B3.5B
Gross Profit101.5M(158.9M)224.5M775.0M891.3M935.8M
Other Operating Expenses1.9B1.6B2.0B2.3B2.7B2.8B
Operating Income(85.8M)(348.2M)22.6M561.9M646.2M678.5M
Ebit(85.8M)(348.2M)22.6M571.3M657.0M689.8M
Ebitda396.1M71.5M425.8M953.6M1.1B1.2B
Cost Of Revenue1.7B1.4B1.8B2.1B2.4B2.5B
Total Operating Expenses189.2M193.9M208.9M241.2M277.4M172.5M
Income Before Tax(636.5M)(441.2M)30.9M593.4M682.4M716.5M
Total Other Income Expense Net(550.7M)(93.0M)8.3M48.4M43.6M45.8M
Net Income(496.4M)(337.5M)5.4M434.1M499.2M524.2M
Income Tax Expense(140.1M)(103.7M)24.4M159.3M183.2M192.3M
Selling General Administrative167.5M172.2M182.4M206.7M237.7M249.5M
Net Income Applicable To Common Shares(494.5M)(326.2M)5.4M434.1M390.7M410.2M
Net Income From Continuing Ops(496.4M)(337.5M)6.6M434.1M390.7M410.2M
Non Operating Income Net Other(46.6M)8.2M11.3M4.8M4.3M4.1M
Discontinued Operations(1.1M)1.9M11.3M401K461.2K484.2K
Non Recurring224.3M579.3M76.8M5.2M6.0M5.7M
Tax Provision(140.1M)(103.7M)24.4M159.3M183.2M192.3M
Interest Income25.9M10.3M56.8M28.4M32.7M19.2M
Extraordinary Items(1.1M)1.9M11.3M401K360.9K342.9K
Net Interest Income(17.2M)(13.7M)(1.1M)11.1M12.8M13.4M
Reconciled Depreciation481.9M419.7M403.2M382.3M344.1M390.8M

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When determining whether Helmerich and Payne is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Helmerich Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Helmerich And Payne Stock. Highlighted below are key reports to facilitate an investment decision about Helmerich And Payne Stock:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Helmerich and Payne. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in american community survey.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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Is Helmerich's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Helmerich. If investors know Helmerich will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Helmerich listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.46)
Dividend Share
1
Earnings Share
3.49
Revenue Per Share
27.592
Quarterly Revenue Growth
(0.11)
The market value of Helmerich and Payne is measured differently than its book value, which is the value of Helmerich that is recorded on the company's balance sheet. Investors also form their own opinion of Helmerich's value that differs from its market value or its book value, called intrinsic value, which is Helmerich's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Helmerich's market value can be influenced by many factors that don't directly affect Helmerich's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Helmerich's value and its price as these two are different measures arrived at by different means. Investors typically determine if Helmerich is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Helmerich's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.