SeeBITDAOklahoma

Helmerich & Payne

Public company · HP
Reported revenueReported figures
$3.75B
$3.56Blikely range$3.93B
Revenue
$3.75B
a year
Profit (EBITDA)
$628.4M
17% of revenue
Employees
—
not reported
Leadership
Global Drilling Solutions
President · source
  • John W. Lindsay
    Pres, CEO & Director · Web search
  • Cara Hair
    senior vice president of corporate services, chief legal and · Web search
  • Doug Fears
    Cfo · Web search
  • Mark W. Smith CPA
    Sr. VP & CFO · Web search
  • Debra Stockton
    Signs company filings · Form 5500 (2025)
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $3.75B

Based on SEC filings (FY2025).

Reported revenue, SEC filings (FY2025)$3.75B
Profit (EBITDA)$628.4M

· Own this business? Correct these figures

What we know

No PPP loan
401(k) filing, 2025
Reported financials
Company website
Owner named

What they do

Helmerich & Payne is a global drilling contractor that provides land, offshore and geothermal drilling rigs and drilling services, described as the largest and longest operating drilling and technology company in the world.

Products & services
FlexRig fleetLand drillingOffshore drillingGeothermal drillingPerformance based contractsAdvanced well engineeringSurvey managementDrilling technologiesFlexRobotics technologyStallAssist technologyAutoSlide technologyAutodriller Pro
Markets served
Energy drilling
Service area
North AmericaUS LandOffshore

From the company's website. Industry: Oil & gas.

Customers & suppliers

Customers

  • ExxonMobil · named on its website

Employees over time

▲ 26% since 2020
05k10k20202021202220232024202546135819
401(k) / retirement-plan participants
Show as table
YearSourceEmployeesEst. revenueEst. EBITDA
2020Form 55004,613$1.52B$255.2M
2021Form 55006,186$2.04B$342.2M
2022Form 55007,230$2.38B$399.9M
2023Form 55006,288$2.07B$347.8M
2024Form 55006,200$2.04B$342.9M
2025Form 55005,819$1.92B$321.9M

Participants are employees in the company's retirement plan at year end, from its Form 5500 filing with the Department of Labor. They usually run a little under total headcount (part-timers and new hires may not be eligible). Revenue and EBITDA apply this industry's revenue per employee and margin to each year's count.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
Helmerich & Payne
this business
$3.75B$628.4M—
Amy Ariza
Tulsa
$1.1M$214K0.0 mi
Austin Ervin Law Pllc
Tulsa
$943K$187K0.0 mi
Henry + Dow
Tulsa
$943K$187K0.0 mi
American Guild Of Court Videographers
Tulsa
$943K$187K0.0 mi
Drillscan Us, Inc.
Tulsa
$1.1M$214K0.0 mi
Aerotek
Tulsa
$1.1M$214K0.0 mi

The full calculation

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

These are the business's own reported figures, from its SEC annual report (10-K), not an estimate.

Revenue range$3.56B – $3.93B
EBITDA range$597.0M – $659.8M
Industry (NAICS)Drilling Oil and Gas Wells (213111)

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Listing details come from Overture Maps open data. Full methodology

History & advisors

Founded 1920

Advisors

  • AccountingBaker Tilly Us,LLPAudits its 401(k) plan (2025 filing)

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Public records

SEC filings
Public company · HP
Revenue (FY2025)$3.75B
EBITDA$628.4M
Net income$-163.7M
Total assets$6.71B

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Helmerich & Payne

Helmerich & Payne is an oil & gas company in Tulsa, Oklahoma, in business since 1920. It is owned by Global Drilling Solutions (President). Its reported annual revenue is about $3.75B, with roughly $628.4M of EBITDA. It has about 5,819 employees.

Common questions

Who owns Helmerich & Payne?
Helmerich & Payne is owned by Global Drilling Solutions (President), according to public sources such as the company's website or filings.
How much revenue does Helmerich & Payne make?
Helmerich & Payne reported revenue of about $3.75B.
How many employees does Helmerich & Payne have?
About 5,819, from its 2025 retirement-plan filing.
When was Helmerich & Payne founded?
Helmerich & Payne has been in business since 1920.