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Helmerich & Payne vs Nabors Industries: revenue, profit, margins and growth compared

Helmerich & Payne brought in $3.7B of revenue in fiscal 2025, Nabors Industries $3.2B in fiscal 2025. Revenue changed by +35.9% at Helmerich & Payne and +8.7% at Nabors Industries on the year before, so Helmerich & Payne grew faster. Helmerich & Payne kept -4.4% of its revenue as net profit, Nabors Industries 9.0%. Free cash flow was $116.6M at Helmerich & Payne and -$22.7M at Nabors Industries.

Side by side, latest fiscal year

HPNBR
Fiscal year endedFY2025 (September 30, 2025)FY2025 (December 31, 2025)
Revenue$3.7B$3.2B
Revenue growth+35.9%+8.7%
Net income-$163.7M$286.6M
Net margin-4.4%9.0%
Free cash flow$116.6M-$22.7M
Free cash flow margin3.1%-0.7%
Earnings per share (diluted)-$1.66$17.39
Cash$196.8M$940.7M
Debt$2.1B$2.5B
Price to earningsn/a4.7
Market value$3.9B$1.3B
Dividend yield0.65%n/a
Rank by revenue in sector#38 of 129 · Energy#45 of 129 · Energy

Over the years

Revenue
HP FY2018: $2.5BHP FY2019: $2.8BHP FY2020: $1.8BHP FY2021: $1.2BHP FY2022: $2.1BHP FY2023: $2.9BHP FY2024: $2.8BHP FY2025: $3.7BNBR FY2018: $3.1BNBR FY2019: $3BNBR FY2020: $2.1BNBR FY2021: $2BNBR FY2022: $2.7BNBR FY2023: $3BNBR FY2024: $2.9BNBR FY2025: $3.2BFY18FY19FY20FY21FY22FY23FY24FY25
HP $3.7BNBR $3.2B
Net income
HP FY2018: $482.7MHP FY2019: -$33.7MHP FY2020: -$494.5MHP FY2021: -$326.2MHP FY2022: $7MHP FY2023: $434.1MHP FY2024: $344.2MHP FY2025: -$163.7MNBR FY2018: -$640.9MNBR FY2019: -$702.9MNBR FY2020: -$805.6MNBR FY2021: -$569.3MNBR FY2022: -$350.3MNBR FY2023: -$11.8MNBR FY2024: -$176.1MNBR FY2025: $286.6MFY18FY19FY20FY21FY22FY23FY24FY25
HP -$163.7MNBR $286.6M
Net margin
HP FY2018: 19.4%HP FY2019: -1.2%HP FY2020: -27.9%HP FY2021: -26.8%HP FY2022: 0.3%HP FY2023: 15.1%HP FY2024: 12.5%HP FY2025: -4.4%NBR FY2018: -21.0%NBR FY2019: -23.1%NBR FY2020: -37.8%NBR FY2021: -28.2%NBR FY2022: -13.2%NBR FY2023: -0.4%NBR FY2024: -6.0%NBR FY2025: 9.0%FY18FY19FY20FY21FY22FY23FY24FY25
HP -4.4%NBR 9.0%
Revenue growth
HP FY2019: +12.5%HP FY2020: -36.6%HP FY2021: -31.3%HP FY2022: +69.0%HP FY2023: +39.5%HP FY2024: -4.0%HP FY2025: +35.9%NBR FY2019: -0.5%NBR FY2020: -29.9%NBR FY2021: -5.5%NBR FY2022: +31.5%NBR FY2023: +13.3%NBR FY2024: -2.5%NBR FY2025: +8.7%FY19FY20FY21FY22FY23FY24FY25
HP +35.9%NBR +8.7%
Free cash flow
HP FY2018: $91.3MHP FY2019: $397.3MHP FY2020: $398.1MHP FY2021: $54.3MHP FY2022: -$17MHP FY2023: $438.2MHP FY2024: $189.6MHP FY2025: $116.6MNBR FY2018: -$133.2MNBR FY2019: $256.8MNBR FY2020: $154.2MNBR FY2021: $194.7MNBR FY2022: $127.6MNBR FY2023: $97MNBR FY2024: $13.5MNBR FY2025: -$22.7MFY18FY19FY20FY21FY22FY23FY24FY25
HP $116.6MNBR -$22.7M

Fiscal years as each company reports them; the two may end in different months.

Questions about Helmerich & Payne and Nabors Industries

Which is bigger by revenue, Helmerich & Payne or Nabors Industries?

Helmerich & Payne is bigger by revenue: $3.7B in fiscal 2025, against $3.2B for Nabors Industries in fiscal 2025.

Which keeps more of its revenue as profit, Helmerich & Payne or Nabors Industries?

Helmerich & Payne had a net margin of -4.4% in fiscal 2025; Nabors Industries had 9.0% in fiscal 2025.

Which grew revenue faster, Helmerich & Payne or Nabors Industries?

In their latest fiscal years revenue changed by +35.9% at Helmerich & Payne and +8.7% at Nabors Industries.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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