Helmerich and Payne Inc (HP)
Net profit margin
| Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 344,165 | 346,311 | 352,919 | 432,128 | 434,100 | 402,017 | 324,476 | 155,460 | 6,953 | -117,747 | -191,054 | -307,081 | -326,150 | -305,952 | -295,996 | -595,533 | -494,497 | -394,357 | -503,441 | -22,010 |
| Revenue (ttm) | US$ in thousands | 2,756,607 | 2,722,420 | 2,748,652 | 2,829,931 | 2,872,421 | 2,844,147 | 2,670,424 | 2,368,799 | 2,058,944 | 1,771,419 | 1,553,399 | 1,381,973 | 1,218,568 | 1,083,028 | 1,068,179 | 1,405,647 | 1,773,927 | 2,214,710 | 2,585,320 | 2,672,549 |
| Net profit margin | 12.49% | 12.72% | 12.84% | 15.27% | 15.11% | 14.13% | 12.15% | 6.56% | 0.34% | -6.65% | -12.30% | -22.22% | -26.77% | -28.25% | -27.71% | -42.37% | -27.88% | -17.81% | -19.47% | -0.82% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $344,165K ÷ $2,756,607K
= 12.49%
The net profit margin of Helmerich and Payne Inc has fluctuated over the past few quarters. It was positive in most recent periods, ranging from 12.49% to 15.27%, indicating the company's ability to generate profits from its revenue. The trend shows an improvement in profitability compared to the negative margins experienced in earlier periods, notably reaching a low of -42.37% in December 2020. This turnaround could suggest successful cost management or revenue growth initiatives implemented by the company. Overall, the positive net profit margins in recent quarters reflect a healthier financial performance for Helmerich and Payne Inc.
Peer comparison
Sep 30, 2024