Helmerich & Payne, Inc.
Cash Flow Statement
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $-163.7M | $344.2M | $434.1M | $7.0M | $-326.2M | $-494.5M | $-33.7M | $482.7M |
| Depreciation & Amortization | $625.1M | $397.3M | $382.3M | $403.2M | $419.7M | $481.9M | $562.8M | $583.8M |
| Depreciation | $574.5M | $390.9M | $375.7M | $396.0M | $412.5M | $474.7M | $556.9M | $578.4M |
| Amortization | $50.6M | $6.4M | $6.6M | $7.2M | $7.2M | $7.2M | $5.8M | $5.4M |
| Stock-Based Compensation | $31.6M | $31.2M | $32.5M | $28.0M | $27.9M | $36.3M | $34.3M | $31.7M |
| Net Cash from Operating Activities | $543.0M | $684.7M | $833.7M | $233.9M | $136.4M | $538.9M | $855.8M | $557.9M |
| Investing Activities | ||||||||
| Capital Expenditures | $426.4M | $495.1M | $395.5M | $250.9M | $82.1M | $140.8M | $458.4M | $466.6M |
| Business Acquisitions | $1.84B | $0 | $0 | — | $0 | $0 | $16.2M | $47.9M |
| Net Cash from Investing Activities | $-1.93B | $-458.7M | $-322.6M | $-167.3M | $-162.0M | $-87.9M | $-422.6M | $-472.4M |
| Financing Activities | ||||||||
| Dividends Paid | $100.7M | $168.5M | $201.5M | $107.4M | $109.1M | $260.3M | $313.4M | $308.4M |
| Stock Repurchases | — | — | — | — | — | — | — | — |
| Net Cash from Financing Activities | $66.7M | $986.5M | $-463.9M | $-734.3M | $425.5M | $-297.2M | $-376.3M | $-319.8M |
| Net Change in Cash | $-1.30B | $1.21B | $47.2M | $-667.7M | $400.0M | $153.8M | $56.8M | $-237.0M |
| Free Cash Flow | $116.6M | $189.6M | $438.2M | $-17.0M | $54.3M | $398.1M | $397.3M | $91.3M |