Helmerich & Payne shows a gross margin of 31.8%, an operating margin of 2.3%, an EBITDA margin of 19.7%, and a net margin of -3.4%, although its net margin is negative at -3.4%. Gross margin drove the decline across the available margins, decreasing by 3.3 percentage points.
HP margin history
Over the last 3 years, Helmerich & Payne's margins averaged 36.71% gross, 8.47% operating, 25.36% EBITDA, and 4.15% net. Each of the four current margins is below its three-year average.
HP margin expansion
All available margins contracted year over year, led by gross margin with a decline of 3.3 percentage points.
HP Gross margin
Helmerich & Payne's gross margin averaged 36.71% during the last 3 years. Compared with its three-year average, Helmerich & Payne's current gross margin is 31.8% and is 4.9 percentage points below its three-year average. Over the last 3 years, Helmerich & Payne's gross margin peaked at 41.1% in Sep 2024 and reached a low of 31.5% in Mar 2026.
HP Operating margin
Helmerich & Payne's operating margin averaged 8.47% over the last 3 years. Compared with its three-year average, Helmerich & Payne's current operating margin is 2.3% and is 6.2 percentage points below its three-year average. Over the last 3 years, Helmerich & Payne's operating margin peaked at 19.3% in Dec 2023 and reached a low of -5.7% in Mar 2026.
HP EBITDA margin
Across the last 3 years, Helmerich & Payne's EBITDA margin came to 25.36%. The current EBITDA margin stands at 19.7%, 5.7 percentage points below its three-year average. EBITDA margin was highest at 34.8% in Dec 2023 and lowest at 12.7% in Mar 2026.
HP Net margin
Helmerich & Payne's net margin averaged 4.15% over the last 3 years. The latest net margin for Helmerich & Payne is -3.4%, 7.6 percentage points below its three-year average. Over the last 3 years, Helmerich & Payne's net margin peaked at 15.3% in Dec 2023 and reached a low of -9.4% in Mar 2026.
HP margin group comparison
With a gross margin of 31.8%, HP is below the Energy sector and the industry average. Compared to its Energy sector average of 42.5%, Helmerich & Payne's gross margin is 25% lower.
HP margin peer comparison
Frequently asked questions
What is Helmerich & Payne's gross margin?
The current gross margin for HP is 31.8% as of Jun 30, 2026.
What is Helmerich & Payne's operating margin?
As of Jun 30, 2026, HP has an operating margin of 2.3%.
What is Helmerich & Payne's EBITDA margin?
As of Jun 30, 2026, HP has an EBITDA margin of 19.7%.
What is Helmerich & Payne's net margin?
The current net margin for HP is -3.4% as of Jun 30, 2026.
What are the average margins of HP?
Over the past 3 years, HP reported average margins of 36.7% gross, 8.5% operating, 25.4% EBITDA, and 4.2% net.
What are the highest historical margins of HP?
In the last 5 years, the highest margins reported by HP were 41.1% gross in Sep 2024, 19.8% operating in Sep 2023, 34.8% EBITDA in Dec 2023, and 15.3% net in Dec 2023.
What are the lowest historical margins of HP?
Across the 5-year period, HP posted its lowest margins at 23.8% gross in Dec 2021, -27.3% operating in Dec 2021, 2.7% EBITDA in Dec 2021, and -22.2% net in Dec 2021.