Helmerich and Payne Inc (HP)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 31.04% | 30.83% | 31.69% | 32.30% | 32.29% | 31.54% | 29.22% | 25.06% | 20.63% | 14.91% | 10.65% | 3.96% | -0.02% | 19.11% | 22.78% | -8.26% | 2.36% | 21.80% | 32.16% | 71.03% |
| Operating profit margin | 16.39% | 16.13% | 17.34% | 19.12% | 19.56% | 19.16% | 16.10% | 9.80% | 2.20% | -7.26% | -15.43% | -27.35% | -35.17% | -37.57% | -36.24% | -52.98% | -34.96% | -22.84% | -23.83% | -0.09% |
| Pretax margin | 17.45% | 17.54% | 17.86% | 20.82% | 20.66% | 19.47% | 16.37% | 9.28% | 1.52% | -8.26% | -15.77% | -28.96% | -35.28% | -37.63% | -36.65% | -54.63% | -35.77% | -23.68% | -25.06% | -1.04% |
| 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% |
Helmerich and Payne Inc's profitability ratios have shown fluctuations over the past few quarters. The gross profit margin, a measure of profitability after accounting for the cost of goods sold, has generally been improving, with a peak of 32.30% in December 2023 and a low of -8.26% in December 2020.
The operating profit margin, which reflects the company's profitability from its core operations, has also experienced variability, reaching a high of 19.56% in September 2023 and a low of -52.98% in December 2020. Despite the fluctuations, the operating profit margin has shown improvement in recent quarters.
The pretax margin, indicating the proportion of each dollar of revenue that translates to pre-tax profit, has shown a similar trend of fluctuations, with a high of 20.82% in December 2023 and a low of -54.63% in December 2020. The trend suggests some inconsistency in the company's ability to generate pre-tax profits.
The net profit margin, a key metric reflecting a company's overall profitability, has also shown variability, reaching a peak of 15.27% in March 2024 and a low of -42.37% in December 2020. The net profit margin has generally improved in recent quarters, indicating some recovery in the company's profitability.
In conclusion, while profitability ratios for Helmerich and Payne Inc have fluctuated over the past few quarters, there are signs of improvement in certain areas, particularly in the gross profit margin and net profit margin. Continued monitoring and analysis of these ratios will be crucial for assessing the company's financial health and performance.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 7.82% | 9.79% | 10.77% | 12.24% | 12.82% | 12.55% | 9.85% | 5.26% | 1.04% | -2.97% | -5.53% | -8.60% | -8.51% | -9.05% | -8.44% | -15.76% | -12.84% | -10.19% | -11.90% | -0.04% |
| Return on assets (ROA) | 5.95% | 7.72% | 7.98% | 9.77% | 9.91% | 9.26% | 7.43% | 3.52% | 0.16% | -2.72% | -4.41% | -6.99% | -6.48% | -6.81% | -6.45% | -12.60% | -10.24% | -7.95% | -9.73% | -0.38% |
| Return on total capital | 10.30% | 14.54% | 15.18% | 18.35% | 18.41% | 17.55% | 13.78% | 7.21% | 1.53% | -3.82% | -6.79% | -11.34% | -11.75% | -10.80% | -10.13% | -19.73% | -16.06% | -12.85% | -15.77% | -0.03% |
| Return on equity (ROE) | 11.80% | 12.12% | 12.59% | 15.66% | 15.66% | 14.85% | 11.77% | 5.66% | 0.25% | -4.31% | -6.99% | -11.06% | -11.20% | -10.17% | -9.60% | -18.47% | -14.90% | -11.61% | -14.55% | -0.55% |
Helmerich and Payne Inc's profitability ratios have fluctuated over the past few quarters.
- Operating return on assets (Operating ROA) shows the company's ability to generate operating income from its assets. It ranged from 7.82% to -15.76%, with the highest being 12.82% in Sep 30, 2023.
- Return on assets (ROA) indicates the company's overall profitability in relation to its assets. The range was 5.95% to -12.60%, peaking at 9.77% in Dec 31, 2023.
- Return on total capital measures the return generated from all capital invested in the company. It varied between 10.30% and -19.73%, with the highest at 18.41% in Sep 30, 2023.
- Return on equity (ROE) represents the return on shareholder equity. The range was from 11.80% to -18.47%, with the highest at 15.66% in Dec 31, 2023.
Overall, the profitability ratios display some volatility but also show improving trends in recent quarters, indicating potential positive changes in the company's financial performance.