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Helmerich & Payne, Inc.（HP）与杜克能源（HPK）财务数据对比。点击上方公司名可切换其他公司
Helmerich & Payne, Inc.的季度营收约是杜克能源的4.5倍（$981.1M vs $216.6M）。Helmerich & Payne, Inc.净利率更高（-9.9% vs -11.6%，领先1.8%）。Helmerich & Payne, Inc.同比增速更快（45.4% vs -23.3%）。过去两年Helmerich & Payne, Inc.的营收复合增速更高（19.7% vs -13.2%）
Helmerich & Payne（简称H&P）是总部位于美国俄克拉荷马州塔尔萨的跨国石油钻探承包商，为油气勘探开发企业提供钻井及相关配套服务。公司1998年推出的FlexRigs系列钻井平台广泛应用于非常规页岩地层钻探作业，是全球最大的陆上钻探服务商之一。
杜克能源公司是一家总部位于美国北卡罗来纳州夏洛特市的美国电力与天然气控股集团，为美国东部地区超过700万客户提供能源服务，在2024年《财富》美国500强榜单中位列第141位，是该公司有史以来获得的最高排名。
HP vs HPK — 直观对比
营收规模更大
HP
是对方的4.5倍
$216.6M
营收增速更快
HP
高出68.8%
-23.3%
净利率更高
HP
高出1.8%
-11.6%
两年增速更快
HP
近两年复合增速
-13.2%
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $981.1M | $216.6M |
| 净利润 | $-96.7M | $-25.2M |
| 毛利率 | — | — |
| 营业利润率 | -6.1% | -7.6% |
| 净利率 | -9.9% | -11.6% |
| 营收同比 | 45.4% | -23.3% |
| 净利润同比 | -276.6% | -380.7% |
| 每股收益（稀释后） | $-0.98 | $-0.16 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收HPHPK
| Q4 25 | $981.1M | $216.6M | ||
| Q3 25 | $953.8M | $188.9M | ||
| Q2 25 | $1.0B | $200.4M | ||
| Q1 25 | $1.0B | $257.4M | ||
| Q4 24 | $674.6M | $282.6M | ||
| Q3 24 | $691.3M | $271.6M | ||
| Q2 24 | $695.1M | $275.3M | ||
| Q1 24 | $685.1M | $287.8M |
净利润HPHPK
| Q4 25 | $-96.7M | $-25.2M | ||
| Q3 25 | $-57.4M | $-18.3M | ||
| Q2 25 | $-162.8M | $26.2M | ||
| Q1 25 | $1.7M | $36.3M | ||
| Q4 24 | $54.8M | $9.0M | ||
| Q3 24 | $75.5M | $49.9M | ||
| Q2 24 | $88.7M | $29.7M | ||
| Q1 24 | $84.8M | $6.4M |
营业利润率HPHPK
| Q4 25 | -6.1% | -7.6% | ||
| Q3 25 | -0.1% | 17.3% | ||
| Q2 25 | -12.4% | 21.7% | ||
| Q1 25 | 4.2% | 35.1% | ||
| Q4 24 | 13.3% | 26.1% | ||
| Q3 24 | 15.4% | 27.0% | ||
| Q2 24 | 16.0% | 31.7% | ||
| Q1 24 | 16.1% | 35.8% |
净利率HPHPK
| Q4 25 | -9.9% | -11.6% | ||
| Q3 25 | -6.0% | -9.7% | ||
| Q2 25 | -15.7% | 13.1% | ||
| Q1 25 | 0.2% | 14.1% | ||
| Q4 24 | 8.1% | 3.2% | ||
| Q3 24 | 10.9% | 18.4% | ||
| Q2 24 | 12.8% | 10.8% | ||
| Q1 24 | 12.4% | 2.2% |
每股收益（稀释后）HPHPK
| Q4 25 | $-0.98 | $-0.16 | ||
| Q3 25 | $-0.57 | $-0.15 | ||
| Q2 25 | $-1.64 | $0.19 | ||
| Q1 25 | $0.01 | $0.26 | ||
| Q4 24 | $0.54 | $0.06 | ||
| Q3 24 | $0.77 | $0.35 | ||
| Q2 24 | $0.88 | $0.21 | ||
| Q1 24 | $0.84 | $0.05 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $269.0M | $162.1M |
| 总债务越低越好 | $2.0B | $1.2B |
| 股东权益账面价值 | $2.7B | $1.6B |
| 总资产 | $6.5B | $3.2B |
| 负债/权益比越低杠杆越低 | 0.75× | 0.75× |
8季度趋势，按日历期对齐
现金及短期投资HPHPK
| Q4 25 | $269.0M | $162.1M | ||
| Q3 25 | $218.3M | $164.9M | ||
| Q2 25 | $187.4M | $21.9M | ||
| Q1 25 | $195.6M | $51.6M | ||
| Q4 24 | $526.5M | $86.6M | ||
| Q3 24 | $510.3M | $135.6M | ||
| Q2 24 | $289.7M | $157.9M | ||
| Q1 24 | $277.0M | $173.4M |
总债务HPHPK
| Q4 25 | $2.0B | $1.2B | ||
| Q3 25 | $2.1B | $1.2B | ||
| Q2 25 | $2.2B | $1.0B | ||
| Q1 25 | $2.2B | $1.0B | ||
| Q4 24 | — | $1.0B | ||
| Q3 24 | $1.8B | $1.1B | ||
| Q2 24 | — | $1.1B | ||
| Q1 24 | — | $1.1B |
股东权益HPHPK
| Q4 25 | $2.7B | $1.6B | ||
| Q3 25 | $2.8B | $1.6B | ||
| Q2 25 | $2.9B | $1.7B | ||
| Q1 25 | $3.1B | $1.6B | ||
| Q4 24 | $2.9B | $1.6B | ||
| Q3 24 | $2.9B | $1.6B | ||
| Q2 24 | $2.9B | $1.6B | ||
| Q1 24 | $2.8B | $1.5B |
总资产HPHPK
| Q4 25 | $6.5B | $3.2B | ||
| Q3 25 | $6.7B | $3.2B | ||
| Q2 25 | $6.9B | $3.1B | ||
| Q1 25 | $7.2B | $3.1B | ||
| Q4 24 | $5.8B | $3.1B | ||
| Q3 24 | $5.8B | $3.1B | ||
| Q2 24 | $4.5B | $3.1B | ||
| Q1 24 | $4.4B | $3.1B |
负债/权益比HPHPK
| Q4 25 | 0.75× | 0.75× | ||
| Q3 25 | 0.73× | 0.73× | ||
| Q2 25 | 0.76× | 0.62× | ||
| Q1 25 | 0.73× | 0.63× | ||
| Q4 24 | — | 0.65× | ||
| Q3 24 | 0.61× | 0.67× | ||
| Q2 24 | — | 0.70× | ||
| Q1 24 | — | 0.73× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $182.4M | $93.1M |
| 自由现金流经营现金流 - 资本支出 | $114.9M | — |
| 自由现金流率自由现金流/营收 | 11.7% | — |
| 资本支出强度资本支出/营收 | 6.9% | — |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $179.6M | — |
8季度趋势，按日历期对齐
经营现金流HPHPK
| Q4 25 | $182.4M | $93.1M | ||
| Q3 25 | $206.9M | $120.2M | ||
| Q2 25 | $121.6M | $141.2M | ||
| Q1 25 | $56.0M | $157.1M | ||
| Q4 24 | $158.4M | $139.5M | ||
| Q3 24 | $168.8M | $177.1M | ||
| Q2 24 | $197.4M | $202.3M | ||
| Q1 24 | $143.7M | $171.4M |
自由现金流HPHPK
| Q4 25 | $114.9M | — | ||
| Q3 25 | $142.8M | — | ||
| Q2 25 | $24.6M | — | ||
| Q1 25 | $-102.7M | — | ||
| Q4 24 | $51.9M | — | ||
| Q3 24 | $62.8M | — | ||
| Q2 24 | $63.0M | — | ||
| Q1 24 | $25.4M | — |
自由现金流率HPHPK
| Q4 25 | 11.7% | — | ||
| Q3 25 | 15.0% | — | ||
| Q2 25 | 2.4% | — | ||
| Q1 25 | -10.1% | — | ||
| Q4 24 | 7.7% | — | ||
| Q3 24 | 9.1% | — | ||
| Q2 24 | 9.1% | — | ||
| Q1 24 | 3.7% | — |
资本支出强度HPHPK
| Q4 25 | 6.9% | — | ||
| Q3 25 | 6.7% | — | ||
| Q2 25 | 9.3% | — | ||
| Q1 25 | 15.7% | — | ||
| Q4 24 | 15.8% | — | ||
| Q3 24 | 15.3% | — | ||
| Q2 24 | 19.3% | — | ||
| Q1 24 | 17.3% | — |
现金转化率HPHPK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 5.39× | ||
| Q1 25 | 33.89× | 4.32× | ||
| Q4 24 | 2.89× | 15.53× | ||
| Q3 24 | 2.24× | 3.55× | ||
| Q2 24 | 2.23× | 6.81× | ||
| Q1 24 | 1.69× | 26.63× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
HP
| North America Solutions | $563.6M | 57% |
| International Solutions Segment | $229.3M | 23% |
| Offshore Solutions | $188.3M | 19% |
HPK
| Crude Oil Sales | $152.1M | 70% |
| Natural Gas And NGL Sales | $60.8M | 28% |
