Helmerich Financial Statements From 2010 to 2026
| HP Stock | USD 29.94 1.26 4.39% |
Check Helmerich financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Helmerich's main balance sheet or income statement drivers, such as , as well as many indicators such as . Helmerich financial statements analysis is a perfect complement when working with Helmerich Valuation or Volatility modules.
Helmerich | Build AI portfolio with Helmerich Stock |
Helmerich and Payne Company Profit Margin Analysis
Helmerich's Profit Margin measures overall efficiency of a company and shows its ability to withstand competition as well as defend against adverse conditions such as rising costs, falling prices, decline in sales or management distress. Profit margin tells investors how well the company executes on its overall pricing strategies as well as how effective the company in controlling its costs.
Current Helmerich Profit Margin | (0.04) % |
Most of Helmerich's fundamental indicators, such as Profit Margin, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Helmerich and Payne is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
In a nutshell, Profit Margin indicator shows the amount of money the company makes from total sales or revenue. It can provide a good insight into companies in the same sector, as well as help to identify trends of a company from year to year.
| Competition |
Based on the latest financial disclosure, Helmerich and Payne has a Profit Margin of -0.0437%. This is 98.16% lower than that of the Energy Equipment & Services sector and 99.69% lower than that of the Energy industry. The profit margin for all United States stocks is 96.56% lower than that of the firm.
Helmerich and Payne Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Helmerich's current stock value. Our valuation model uses many indicators to compare Helmerich value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Helmerich competition to find correlations between indicators driving Helmerich's intrinsic value. More Info.Helmerich and Payne is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers . Comparative valuation analysis is a catch-all technique that is used if you cannot value Helmerich by discounting back its dividends or cash flows. It compares the stock's price multiples to nearest competition to determine if the stock is relatively undervalued or overvalued.About Helmerich Financial Statements
Helmerich shareholders use historical fundamental indicators, such as revenue or net income, to determine how well the company is positioned to perform in the future. Although Helmerich investors may analyze each financial statement separately, they are all interrelated. The changes in Helmerich's assets and liabilities, for example, are also reflected in the revenues and expenses on on Helmerich's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Helmerich Payne, Inc., together with its subsidiaries, provides drilling services and solutions for exploration and production companies. The company was founded in 1920 and is headquartered in Tulsa, Oklahoma. Helmerich Payne operates under Oil Gas Drilling classification in the United States and is traded on New York Stock Exchange. It employs 5932 people.
Pair Trading with Helmerich
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Helmerich position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Helmerich will appreciate offsetting losses from the drop in the long position's value.Moving together with Helmerich Stock
Moving against Helmerich Stock
| 0.68 | SSNLF | Samsung Electronics | PairCorr |
| 0.63 | SDI | Stampede Drilling | PairCorr |
| 0.52 | AKT-A | AKITA Drilling | PairCorr |
| 0.42 | PIFMY | Indofood Sukses Makmur | PairCorr |
The ability to find closely correlated positions to Helmerich could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Helmerich when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Helmerich - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Helmerich and Payne to buy it.
The correlation of Helmerich is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Helmerich moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Helmerich and Payne moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Helmerich can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Helmerich Stock Analysis
When running Helmerich's price analysis, check to measure Helmerich's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Helmerich is operating at the current time. Most of Helmerich's value examination focuses on studying past and present price action to predict the probability of Helmerich's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Helmerich's price. Additionally, you may evaluate how the addition of Helmerich to your portfolios can decrease your overall portfolio volatility.