Helmerich & Payne (HP) Margins & Profitability 2020-2026

Gross, EBITDA, operating, and net margin trends

Margins

Profit margins across the income statement

Gross Margin: 29.1%
EBITDA Margin: 15.4%
Op. Margin: -4.0%
Net Margin: -6.3%

Op. margin of -4.0% is down 8.1% YoY — costs are rising relative to revenue. Net margin at -6.3% and gross margin of 29.1% — earnings take a bigger bite when COGS stays lean..

Gross Margin (%)

Revenue left after direct cost of goods sold

EBITDA Margin (%)

Operating profitability independent of capital structure

Operating & Net Margins (%)

How much of each dollar becomes profit