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Benzinga
Benzinga
Business
Benzinga Insights

Helmerich & Payne Earnings Perspective: Return On Capital Employed

Helmerich Payne HP NYSE

According to data from Benzinga Pro, during Q2, Helmerich & Payne's (NYSE:HP) reported sales totaled $467.60 million. Despite a 90.31% increase in earnings, the company posted a loss of $4.98 million. In Q1, Helmerich & Payne brought in $409.78 million in sales but lost $51.36 million in earnings.

Why Is ROCE Significant?

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