Helmerich & Payne, Inc.
$6.29B- Market cap
- $4.43B
- Debt
- +$2.07B
- Cash
- −$218.34M
Capital structure 68% equity / 32% debt · EV / Revenue 1.68x · EV / EBITDA 9.98x
Compare price, profitability, solvency, and SEC-reported financials side by side—before deciding which assumptions deserve a closer look.
Decision snapshot: HP stock price near parity vs ORI $44.36 current versus $41.04 implied using P/S multiple.
Quick read
Each company valued on the other's multiple, then compared with the market price.
Implied fair value · at ORI's multiple
Implied fair value · at HP's multiple
Snapshot Sep 4, 4:00 PM ET
Metric by metric
Where each company leads, and how wide the gap is.
Growth edge
Pricing power
Operating leverage
Multiple premium
Not comparable
Lower leverage
Statements
Core statements aligned to each company's latest fiscal year.
SEC periods: HP FY 2025 (ended Sep 30, 2025) · ORI FY 2025 (ended Dec 31, 2025). Fiscal years are not aligned.
Trendline
Five fiscal years of revenue, earnings, and margins before underwriting a re-rating.
Price framework
Market cap plus debt, less cash.
Capital structure 68% equity / 32% debt · EV / Revenue 1.68x · EV / EBITDA 9.98x
Capital structure 86% equity / 14% debt · EV / Revenue 1.24x · EV / EBITDA 8.84x
ORI carries the larger enterprise value at $11.33B against $6.29B; ORI trades on the lower EV / Revenue multiple (1.24x vs 1.68x); ORI on the lower EV / EBITDA (8.84x vs 9.98x).
Price framework
The same filing-backed model used on each company's valuation page, with company-specific inputs and calculated scenarios.
HELMERICH & PAYNE, INC. · implied price per share
Debt and bridge-cash inputs are required to translate enterprise value into equity value.
OLD REPUBLIC INTERNATIONAL CORPORATION · implied price per share
Five annual free-cash-flow observations are required for the filing-backed baseline.
Balance sheet health
Financial health checks to separate durable balance sheets from potential value traps.
Financial strength on a 0–9 scale.
Bankruptcy-risk signal from balance sheet and earnings power.
Debt / equity
Total debt against shareholders' equity
0.73x
0.27x
Net debt / EBITDA
Leverage against operating earnings
2.94x
1.03x
Cash and equivalents
Liquid reserves on the balance sheet
$218.34M
$263.20M
Total debt
Interest-bearing obligations outstanding
Comparable set
Where the pair sits against the wider comparable set.
Keep comparing
Open adjacent comparisons from the same industry to pressure-test the read across multiple pairs.
$2.07B
$1.59B
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