Helmerich & Payne vs Transocean
Transocean reported revenue of $4.0 billion in fiscal 2025, about the same as Helmerich & Payne's $3.7 billion in fiscal 2025. Helmerich & Payne's revenue grew 35.9% in its latest year, and Transocean's grew 12.5%. Helmerich & Payne had an operating margin of 0.1%, against -58.9% at Transocean. Free cash flow was $117 million at Helmerich & Payne and $626 million at Transocean. Their fiscal years end in different months (September 30 and December 31), so the periods don't line up exactly.
Side by side
| Helmerich & Payne | Transocean | |
|---|---|---|
| Latest fiscal year | FY2025, Sep 30, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $3.7B | $4.0B |
| Revenue growth | 35.9% | 12.5% |
| Revenue growth a year, last 5 years | 16.1% | 4.7% |
| Gross margin | — | 39.3% |
| Operating margin | 0.1% | −58.9% |
| Net margin | −4.4% | −73.5% |
| Free cash flow | $117M | $626M |
| Free cash flow margin | 3.1% | 15.8% |
| Return on capital | 0.1% | −12.4% |
| Net debt to EBITDA | 2.9x | — |
| Dividends and buybacks | $101M | $0M |
| Change in diluted share count | 0.2% | 3.8% |
| Last close | $39.81 | $6.53 |
| P/E at the last close | — | — |
| Insider trades, last 12 months | sold $11.3 million | bought $6.2 million, sold $5.0 million |
| Piotroski F-score | 4 of 8 | 6 of 9 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Helmerich & PayneTransocean
Operating margin
Percent of revenue
Helmerich & PayneTransocean
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Helmerich & PayneTransocean
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Helmerich & Payne and Transocean pages.