Helmerich & Payne Future Growth
Future criteria checks 1/6
Helmerich & Payne is forecast to grow earnings and revenue by 7.6% and 3% per annum respectively. EPS is expected to grow by 6.9% per annum. Return on equity is forecast to be 13.3% in 3 years.
Key information
7.6%
Earnings growth rate
6.9%
EPS growth rate
| Energy Services earnings growth | 19.7% |
| Revenue growth rate | 3.0% |
| Future return on equity | 13.3% |
| Analyst coverage | Good |
| Last updated | 18 Apr 2024 |
Recent future growth updates
Recent updates
Investors Aren't Buying Helmerich & Payne, Inc.'s (NYSE:HP) Earnings
Apr 24
Here's Why We Think Helmerich & Payne (NYSE:HP) Might Deserve Your Attention Today
Mar 25Helmerich & Payne (NYSE:HP) Is Experiencing Growth In Returns On Capital
Mar 11Estimating The Intrinsic Value Of Helmerich & Payne, Inc. (NYSE:HP)
Jan 23Helmerich & Payne: A Case For A Second Half Rally
Jan 12Some Confidence Is Lacking In Helmerich & Payne, Inc.'s (NYSE:HP) P/S
Jan 08Helmerich & Payne (NYSE:HP) Could Easily Take On More Debt
Dec 25If EPS Growth Is Important To You, Helmerich & Payne (NYSE:HP) Presents An Opportunity
Dec 11Helmerich & Payne: 2 Bright Spots Amidst Market Tumult
Nov 16Calculating The Fair Value Of Helmerich & Payne, Inc. (NYSE:HP)
Oct 12We Think Helmerich & Payne (NYSE:HP) Can Stay On Top Of Its Debt
Sep 02Helmerich & Payne: Customer Budget Exhaustion Is An Issue
Aug 23Helmerich & Payne (NYSE:HP) Is Doing The Right Things To Multiply Its Share Price
Aug 08Helmerich & Payne Remains Unattractive Despite Underperformance
Jul 19An Intrinsic Calculation For Helmerich & Payne, Inc. (NYSE:HP) Suggests It's 25% Undervalued
Jun 29Does Helmerich & Payne (NYSE:HP) Have A Healthy Balance Sheet?
May 22Returns On Capital Are Showing Encouraging Signs At Helmerich & Payne (NYSE:HP)
May 01Helmerich & Payne, Inc.'s (NYSE:HP) Intrinsic Value Is Potentially 72% Above Its Share Price
Mar 20Helmerich & Payne: Time To Take Profits
Feb 10Helmerich & Payne's (NYSE:HP) Promising Earnings May Rest On Soft Foundations
Feb 06Helmerich & Payne Q1 2023 Earnings Preview
Jan 27Helmerich & Payne (NYSE:HP) Is Doing The Right Things To Multiply Its Share Price
Jan 15Helmerich & Payne: BHA On Bottom, Drilling Ahead
Dec 28We Think Helmerich & Payne (NYSE:HP) Can Stay On Top Of Its Debt
Dec 19Analysts Just Made A Substantial Upgrade To Their Helmerich & Payne, Inc. (NYSE:HP) Forecasts
Nov 22Helmerich & Payne goes ex-dividend on Monday
Nov 11Helmerich & Payne, Inc.'s (NYSE:HP) Intrinsic Value Is Potentially 44% Above Its Share Price
Oct 07Helmerich & Payne: Positive Net Income An Encouraging Sign
Sep 15Helmerich & Payne (NYSE:HP) Is Due To Pay A Dividend Of $0.25
Sep 11Helmerich & Payne goes ex dividend tomorrow
Aug 15Helmerich & Payne: Drilling For Free Cash Flow
Jul 10Estimating The Intrinsic Value Of Helmerich & Payne, Inc. (NYSE:HP)
Jul 01Helmerich & Payne (NYSE:HP) Will Pay A Dividend Of US$0.25
Jun 05Earnings and Revenue Growth Forecasts
| Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
|---|---|---|---|---|---|
| 9/30/2026 | 3,076 | 574 | 341 | 891 | 6 |
| 9/30/2025 | 2,941 | 420 | 311 | 754 | 14 |
| 9/30/2024 | 2,752 | 363 | 241 | 692 | 14 |
| 12/31/2023 | 2,830 | 426 | 387 | 823 | N/A |
| 9/30/2023 | 2,872 | 428 | 438 | 834 | N/A |
| 6/30/2023 | 2,844 | 395 | 375 | 736 | N/A |
| 3/31/2023 | 2,670 | 319 | 202 | 541 | N/A |
| 12/31/2022 | 2,369 | 153 | 102 | 423 | N/A |
| 9/30/2022 | 2,059 | 5 | -39 | 234 | N/A |
| 6/30/2022 | 1,771 | -119 | -63 | 163 | N/A |
| 3/31/2022 | 1,553 | -194 | -70 | 97 | N/A |
| 12/31/2021 | 1,382 | -312 | 36 | 152 | N/A |
| 9/30/2021 | 1,219 | -327 | 54 | 136 | N/A |
| 6/30/2021 | 1,083 | -320 | 113 | 182 | N/A |
| 3/31/2021 | 1,068 | -309 | 288 | 365 | N/A |
| 12/31/2020 | 1,406 | -607 | 299 | 407 | N/A |
| 9/30/2020 | 1,774 | -499 | 398 | 539 | N/A |
| 6/30/2020 | 2,215 | -397 | 467 | 643 | N/A |
| 3/31/2020 | 2,585 | -506 | 457 | 679 | N/A |
| 12/31/2019 | 2,673 | -13 | 450 | 758 | N/A |
| 9/30/2019 | 2,798 | -36 | 397 | 856 | N/A |
| 6/30/2019 | 2,846 | -75 | 298 | 846 | N/A |
| 3/31/2019 | 2,807 | 72 | 154 | 759 | N/A |
| 12/31/2018 | 2,664 | -1 | 117 | 688 | N/A |
| 9/30/2018 | 2,487 | 489 | 91 | 558 | N/A |
| 6/30/2018 | 2,323 | 464 | 73 | 493 | N/A |
| 3/31/2018 | 2,173 | 449 | 6 | 419 | N/A |
| 12/31/2017 | 2,001 | 402 | -40 | 367 | N/A |
| 9/30/2017 | 1,805 | -130 | N/A | 371 | N/A |
| 6/30/2017 | 1,604 | -181 | N/A | 378 | N/A |
| 3/31/2017 | 1,472 | -179 | N/A | 411 | N/A |
| 12/31/2016 | 1,505 | -105 | N/A | 520 | N/A |
| 9/30/2016 | 1,624 | -55 | N/A | 755 | N/A |
| 6/30/2016 | 1,846 | -8 | N/A | 892 | N/A |
| 3/31/2016 | 2,141 | 104 | N/A | 1,105 | N/A |
| 12/31/2015 | 2,589 | 232 | N/A | 1,343 | N/A |
| 9/30/2015 | 3,162 | 418 | N/A | 1,429 | N/A |
| 6/30/2015 | 3,593 | 613 | N/A | 1,472 | N/A |
| 3/31/2015 | 3,884 | 714 | N/A | 1,395 | N/A |
| 12/31/2014 | 3,891 | 735 | N/A | 1,207 | N/A |
| 9/30/2014 | 3,716 | 702 | N/A | 1,129 | N/A |
| 6/30/2014 | 3,599 | 696 | N/A | 1,033 | N/A |
| 3/31/2014 | 3,487 | 754 | N/A | 1,043 | N/A |
| 12/31/2013 | 3,432 | 731 | N/A | 960 | N/A |
| 9/30/2013 | 3,388 | 718 | N/A | 997 | N/A |
| 6/30/2013 | 3,353 | 708 | N/A | 1,149 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: HP's forecast earnings growth (7.6% per year) is above the savings rate (2.3%).
Earnings vs Market: HP's earnings (7.6% per year) are forecast to grow slower than the US market (14.6% per year).
High Growth Earnings: HP's earnings are forecast to grow, but not significantly.
Revenue vs Market: HP's revenue (3% per year) is forecast to grow slower than the US market (8% per year).
High Growth Revenue: HP's revenue (3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: HP's Return on Equity is forecast to be low in 3 years time (13.3%).