Helmerich & PayneHAM:HPC -4.01%67 3-Year ROIIC % is 10.78 as of Sep. 2025, which is 9% above its 10-year median of 9.87. GuruFocus rates HAM:HPC with a GF Score™ of 67/100 and a GF Value™ of €41.36 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 925 Oil & Gas companies, Helmerich & Payne ranks better than 68.86% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Helmerich & Payne's 3-Year ROIIC % for the quarter that ended in Sep. 2025 was 10.78%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Helmerich & Payne's 3-Year ROIIC % or its related term are showing as below:
HAM:HPC's 3-Year ROIIC % is ranked better than 68.86% of 925
companies
in the Oil & Gas industry
Industry Median: 0.01
vs HAM:HPC: 10.78
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Helmerich & Payne 3-Year ROIIC % Related Terms
Helmerich & Payne 3-Year ROIIC % Historical Data
* Premium members only.
The historical data trend for Helmerich & Payne's 3-Year ROIIC % 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.
HAM:HPC vs PTEN, SDRL, VAL: 3-Year ROIIC % Comparison
For the Oil & Gas Drilling subindustry, Helmerich & Payne's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Helmerich & Payne's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Helmerich & Payne's 3-Year ROIIC % falls into.
Helmerich & Payne's 3-Year ROIIC % for the quarter that ended in Sep. 2025 is calculated as:
3-Year ROIIC %
=
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 197.94 (Sep. 2025) - 3.501828 (Sep. 2022) )
/
( 4953.756 (Sep. 2025) - 3727.984 (Sep. 2022) )
=
194.438172
/
1225.772
=
15.86%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Helmerich & Payne (HAM:HPC) has a 3-Year ROIIC % of 10.78 as of Sep. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Helmerich & Payne and its competitors. This is near median its historical median of 9.87. According to the industry distribution chart, Helmerich & Payne ranks #288 out of 925 companies in the Oil & Gas industry, placing it in the top 31.1%.
Is Helmerich & Payne's 3-Year ROIIC % too high?
Helmerich & Payne's current 3-Year ROIIC % of 10.78 is near median its 10-year median of 9.87. The Oil & Gas industry median 3-Year ROIIC % is 0.01. Helmerich & Payne's value of 10.78 is 107700% above this industry median. Based on the distribution chart, Helmerich & Payne ranks #288 out of 925 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Helmerich & Payne has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Helmerich & Payne's 3-Year ROIIC % compare to PTEN and SDRL?
According to the Oil & Gas industry distribution chart, Helmerich & Payne ranks #288 out of 925 companies for 3-Year ROIIC %. This puts Helmerich & Payne in the upper half of its industry. The industry median 3-Year ROIIC % is 0.01. Helmerich & Payne's value of 10.78 is 107700% above this benchmark. While the company's 10-year median is 9.87 vs. the industry median of 0.01, Helmerich & Payne has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Oil & Gas company?
The median 3-Year ROIIC % among Oil & Gas companies is 0.01, based on 925 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Helmerich & Payne's current 3-Year ROIIC % of 10.78 is 107700% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Helmerich & Payne and its competitors. For the Oil & Gas industry, the median 3-Year ROIIC % is 0.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helmerich & Payne's current 3-Year ROIIC % is 10.78, which is near median its own 10-year median of 9.87. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helmerich & Payne stock overvalued right now?
Based on GuruFocus' analysis, Helmerich & Payne (HAM:HPC) is currently considered Possible Value Trap. The stock's GF Value™ is €41.36, compared to a current price of €27.07 — trading 34.6% below its estimated fair value. The current 3-Year ROIIC % is 10.78, which is near median its 10-year median of 9.87 and 107700% above the Oil & Gas industry median of 0.01. Helmerich & Payne's overall GF Score™ is 67/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Helmerich & Payne (HAM:HPC), the current 3-Year ROIIC % is 10.78 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Helmerich & Payne (HAM:HPC) Overvalued in 2026?
Based on GuruFocus' analysis, Helmerich & Payne stock appears to be undervalued.
The current stock price of €27.07 is trading 34.6% below its estimated GF Value™ of €41.36.
GuruFocus considers Helmerich & Payne to be Possible Value Trap.
Key valuation signals for HAM:HPC:
3-Year ROIIC %: 10.78 (near median its 10-year median of 9.87)
GF Value™: €41.36 vs. price of €27.07 (34.6% below fair value)
Industry Position: 107700% above the Oil & Gas median (#288 of 925)
No single metric tells the full story. See the HAM:HPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Helmerich & Payne Inc provides performance-driven drilling solutions and technologies to make hydrocarbon recovery safer and more economical for oil and gas exploration and production companies. Focusing on the drilling segment, its technology services develop and commercialize solutions that improve drilling efficiency, accuracy, and wellbore quality and placement. The company operates through North America Solutions, International Solutions, and Offshore Solutions segments. The North America segment runs a technologically advanced AC drive drilling rig fleet in the U.S., with a presence in shale and unconventional basins, while the Offshore Solutions segment, operating rigs on fixed-leg and floating platforms, generates the majority of revenue.
67GF Score
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