Helmerich & Payne
HP · Oil & Gas Drilling
$38.95
4.9%Transocean
RIG · Oil & Gas Drilling
$6.41
5.4%The short version
- Transocean is the larger business, with $4.0B of revenue in fiscal 2025 against $3.7B for Helmerich & Payne.
- Helmerich & Payne grew revenue faster (35.9%, against 12.5%).
- Helmerich & Payne kept more of each dollar of sales as operating profit (0.1% operating margin, against −58.9% operating margin).
- Transocean turned more of its sales into free cash flow (15.8% FCF margin, against 3.1% FCF margin).
- Helmerich & Payne earned a higher return on the capital invested in it (0.1%, against −12.4%).
| Latest fiscal year | HP · FY25 | RIG · FY25 |
|---|---|---|
| Size | ||
| Market cap | $3.9B | $7.7B |
| Revenue | $3.7B | $4.0B |
| Free cash flow | $117M | $626M |
| Net income | −$164M | −$2.9B |
| Growth | ||
| Revenue growth | 35.9% | 12.5% |
| 5-year growth | 16.1% | 4.7% |
| Share count change | 0.2% | 3.8% |
| Profitability | ||
| Gross margin | — | 39.3% |
| Operating margin | 0.1% | −58.9% |
| Net margin | −4.4% | −73.5% |
| FCF margin | 3.1% | 15.8% |
| Return on capital | 0.1% | −12.4% |
| Return on equity | −5.7% | −31.7% |
| Balance sheet | ||
| Net debt | $1.8B | $5.0B |
| Net debt / EBITDA | 2.9x | — |
| Dividends and buybacks | $101M | $0.0M |
| Valuation & quality | ||
| P/E | — | — |
| Piotroski F-score | 4 | 6 |
FY16
HP $1.6B
RIG $4.2B
FY17
HP $1.8B
RIG $3.0B
FY18
HP $2.5B
RIG $3.0B
FY19
HP $2.8B
RIG $3.1B
FY20
HP $1.8B
RIG $3.2B
FY21
HP $1.2B
RIG $2.6B
FY22
HP $2.1B
RIG $2.6B
FY23
HP $2.9B
RIG $2.8B
FY24
HP $2.8B
RIG $3.5B
FY25
HP $3.7B
RIG $4.0B
HP
RIG
FY16
HP −1.6%
RIG 26.6%
FY17
HP −9.4%
RIG −84.3%
FY18
HP 1.3%
RIG −41.5%
FY19
HP 0.7%
RIG −23.4%
FY20
HP −35.0%
RIG −15.6%
FY21
HP −35.2%
RIG −4.4%
FY22
HP 2.2%
RIG −1.2%
FY23
HP 19.8%
RIG −11.5%
FY24
HP 16.6%
RIG −11.8%
FY25
HP 0.1%
RIG −58.9%
HP
RIG
FY16
HP $497M
RIG $636M
FY17
HP −$26.4M
RIG $673M
FY18
HP $91.3M
RIG $374M
FY19
HP $397M
RIG −$47.0M
FY20
HP $398M
RIG $133M
FY21
HP $54.3M
RIG $367M
FY22
HP −$17.0M
RIG −$269M
FY23
HP $438M
RIG −$263M
FY24
HP $190M
RIG $193M
FY25
HP $117M
RIG $626M
HP
RIG
FY16
HP −0.5%
RIG 4.6%
FY17
HP −3.3%
RIG −10.3%
FY18
HP 0.8%
RIG −5.2%
FY19
HP 0.4%
RIG −2.8%
FY20
HP −13.4%
RIG −2.1%
FY21
HP −11.2%
RIG −0.5%
FY22
HP 0.8%
RIG −0.1%
FY23
HP 14.0%
RIG −1.5%
FY24
HP 9.2%
RIG −2.0%
FY25
HP 0.1%
RIG −12.4%
HP
RIG
Add another company
Compare up to four at once.
Each company's latest fiscal year; fiscal years end in different months. The best value in each row is highlighted where higher (or lower) is clearly better. Not investment advice.