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Helmerich & Payne Gross Profit

: $-24 Mil (TTM As of Mar. 2022)
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Helmerich & Payne's gross profit for the three months ended in Mar. 2022 was $24 Mil. Helmerich & Payne's gross profit for the trailing twelve months (TTM) ended in Mar. 2022 was $-24 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Helmerich & Payne's gross profit for the three months ended in Mar. 2022 was $24 Mil. Helmerich & Payne's Revenue for the three months ended in Mar. 2022 was $468 Mil. Therefore, Helmerich & Payne's Gross Margin % for the quarter that ended in Mar. 2022 was 5.07%.

Helmerich & Payne had a gross margin of 5.07% for the quarter that ended in Mar. 2022 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Helmerich & Payne was 32.16%. The lowest was -13.04%. And the median was 12.68%.


Helmerich & Payne Gross Profit Historical Data

The historical data trend for Helmerich & Payne's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Helmerich & Payne Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -30.12 250.86 427.10 101.48 -158.90

Helmerich & Payne Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Gross Profit Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -41.83 -29.23 -27.30 8.51 23.72

Competitive Comparison

For the Oil & Gas Drilling subindustry, Helmerich & Payne's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Helmerich & Payne Gross Profit Distribution

For the Oil & Gas industry and Energy sector, Helmerich & Payne's Gross Profit distribution charts can be found below:

* The bar in red indicates where Helmerich & Payne's Gross Profit falls into.



Helmerich & Payne Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Helmerich & Payne's Gross Profit for the fiscal year that ended in Sep. 2021 is calculated as

Gross Profit (A: Sep. 2021 )=Revenue - Cost of Goods Sold
=1218.568 - 1377.464
=-159

Helmerich & Payne's Gross Profit for the quarter that ended in Mar. 2022 is calculated as

Gross Profit (Q: Mar. 2022 )=Revenue - Cost of Goods Sold
=467.597 - 443.877
=24

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-24 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Helmerich & Payne's Gross Margin % for the quarter that ended in Mar. 2022 is calculated as

Gross Margin % (Q: Mar. 2022 )=Gross Profit (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=24 / 467.597
=5.07 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Helmerich & Payne  (NYSE:HP) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Helmerich & Payne had a gross margin of 5.07% for the quarter that ended in Mar. 2022 => No sustainable competitive advantage


Helmerich & Payne Gross Profit Related Terms

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Helmerich & Payne Business Description

Helmerich & Payne logo
Industry
Energy » Oil & Gas NAICS : 213111 SIC : 1381
Traded in Other Exchanges
Address
1437 South Boulder Avenue, Suite 1400, Tulsa, OK, USA, 74119
Helmerich & Payne has the largest fleet of U.S. land drilling rigs. The company's FlexRig line is the leading choice to drill horizontal wells for production of U.S. tight oil and gas. H&P is present in nearly every major U.S. shale play and also has a small presence internationally.
Executives
Adams Raymond John Iii officer: VP Digital Ops Marketing Sales 1437 S. BOULDER AVE. SUITE 1400 TULSA OK 74119
Smith Mark W. officer: Senior VP and CFO 15835 PARK TEN PLACE DRIVE HOUSTON TX 77084
Mas Jose Ramon director 800 DOUGLAS ROAD, 12TH FLOOR CORAL GABLES FL 33134
Rust Edward B Jr director MCGRAW-HILL COMPANIES 1221 AVENUE OF THE AMERICAS NEW YORK NY 10020
Bellinger Delaney Murchison director 524 E. 24TH STREET HOUSTON TX 77008
Cramton Kevin G. director 502 SAINT DAVIDS AVENUE WAYNE PA 19087
Petrie Thomas A. director 1437 S. BOULDER AVE., SUITE 1400 TULSA OK 74119
Helmerich Hans director C/O CIIRMAREX ENERGY CO 707 17TH ST. #3300 DENVER CO 80202-3404
Zeglis John D director 7277 164TH AVE NE BLDG1 REDMOND WA 98052
Foutch Randy A director 15 W. SIXTH STREET SUITE, 1800 TULSA OK 74119
Robillard Donald F Jr director 1437 S. BOULDER AVE. TULSA OK 74119
Vandeweghe Mary M director 1601 W. DIEHL ROAD NAPERVILLE IL 60563
Benson Todd Willard officer: President of H&P Technologies 1437 S. BOULDER AVENUE SUITE 1400 TULSA OK 74119
Bell John R. officer: VP, Drilling Subsidiary 1437 S. BOULDER AVE. TULSA OK 74119
Lennox Michael officer: VP, Drilling Subsidiary 1437 S. BOULDER AVE., SUITE 140 TULSA OK 74119

Helmerich & Payne Headlines

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