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RIG vs HP
Revenue, margins, valuation, and 5-year total return — side by side.
Oil & Gas Drilling
RIG vs HP — Key Financials
Market cap, revenue, margins, and valuation side-by-side.
| Company Snapshot | ||
|---|---|---|
| Industry | Oil & Gas Drilling | Oil & Gas Drilling |
| Market Cap | $5.57B | $3.68B |
| Revenue (TTM) | $4.14B | $4.00B |
| Net Income (TTM) | $-2.77B | $-376M |
| Gross Margin | 70.2% | 11.3% |
| Operating Margin | 22.4% | -1.8% |
| Forward P/E | 29.2x | — |
| Total Debt | $5.66B | $2.32B |
| Cash & Equiv. | $997M | $224M |
RIG vs HP — Long-Term Stock Performance
Price return indexed to 100 at period start. Dividends excluded.
| Stock | May 20 | May 26 | Return |
|---|---|---|---|
| Transocean Ltd. (RIG) | 100 | 463.9 | +363.9% |
| Helmerich & Payne, … (HP) | 100 | 183.3 | +83.3% |
Price return only. Dividends and distributions are not included.
Quick Verdict: RIG vs HP
Each card shows where this stock fits in a portfolio — not just who wins on paper.
RIG is the clearest fit if your priority is income & stability.
- Dividend streak 0 yrs, beta 1.19
- Better valuation composite
- +168.3% vs HP's +99.5%
HP carries the broadest edge in this set and is the clearest fit for growth exposure and long-term compounding.
- Rev growth 35.9%, EPS growth -148.4%, 3Y rev CAGR 22.1%
- -3.5% 10Y total return vs RIG's -38.1%
- Lower volatility, beta 0.87, Low D/E 82.0%, current ratio 1.80x
See the full category breakdown
| Category | Winner | Why |
|---|---|---|
| Growth | 35.9% revenue growth vs RIG's 12.5% | |
| Value | Better valuation composite | |
| Quality / Margins | -9.4% margin vs RIG's -66.8% | |
| Stability / Safety | Beta 0.87 vs RIG's 1.19 | |
| Dividends | 2.8% yield; the other pay no meaningful dividend | |
| Momentum (1Y) | +168.3% vs HP's +99.5% | |
| Efficiency (ROA) | -5.7% ROA vs RIG's -17.1%, ROIC 3.7% vs 3.6% |
RIG vs HP — Revenue Breakdown by Segment
How each company's revenue is distributed across its business units
RIG vs HP — Financial Metrics
Side-by-side numbers across 2 stocks — who leads on profitability, valuation, growth, and risk.
Income & Cash Flow (Last 12 Months)
RIG leads this category, winning 5 of 6 comparable metrics.
Income & Cash Flow (Last 12 Months)
RIG and HP operate at a comparable scale, with $4.1B and $4.0B in trailing revenue. HP is the more profitable business, keeping -9.4% of every revenue dollar as net income compared to RIG's -66.8%. On growth, RIG holds the edge at +19.3% YoY revenue growth, suggesting stronger near-term business momentum.
| Metric | ||
|---|---|---|
| RevenueTrailing 12 months | $4.1B | $4.0B |
| EBITDAEarnings before interest/tax | $1.6B | $657M |
| Net IncomeAfter-tax profit | -$2.8B | -$376M |
| Free Cash FlowCash after capex | $796M | $256M |
| Gross MarginGross profit ÷ Revenue | +70.2% | +11.3% |
| Operating MarginEBIT ÷ Revenue | +22.4% | -1.8% |
| Net MarginNet income ÷ Revenue | -66.8% | -9.4% |
| FCF MarginFCF ÷ Revenue | +19.2% | +6.4% |
| Rev. Growth (YoY)Latest quarter vs prior year | +19.3% | -8.2% |
| EPS Growth (YoY)Latest quarter vs prior year | +157.5% | -47.8% |
Valuation Metrics
HP leads this category, winning 3 of 5 comparable metrics.
Valuation Metrics
On an enterprise value basis, HP's 6.7x EV/EBITDA is more attractive than RIG's 7.5x.
| Metric | ||
|---|---|---|
| Market CapShares × price | $5.6B | $3.7B |
| Enterprise ValueMkt cap + debt − cash | $10.2B | $5.8B |
| Trailing P/EPrice ÷ TTM EPS | -2.03x | -22.23x |
| Forward P/EPrice ÷ next-FY EPS est. | 29.24x | — |
| PEG RatioP/E ÷ EPS growth rate | — | — |
| EV / EBITDAEnterprise value multiple | 7.50x | 6.74x |
| Price / SalesMarket cap ÷ Revenue | 1.41x | 0.98x |
| Price / BookPrice ÷ Book value/share | 0.73x | 1.29x |
| Price / FCFMarket cap ÷ FCF | 8.90x | 31.61x |
Profitability & Efficiency
HP leads this category, winning 6 of 9 comparable metrics.
Profitability & Efficiency
HP delivers a -13.6% return on equity — every $100 of shareholder capital generates $-14 in annual profit, vs $-33 for RIG. RIG carries lower financial leverage with a 0.70x debt-to-equity ratio, signaling a more conservative balance sheet compared to HP's 0.82x. On the Piotroski fundamental quality scale (0–9), RIG scores 6/9 vs HP's 3/9, reflecting solid financial health.
| Metric | ||
|---|---|---|
| ROE (TTM)Return on equity | -32.8% | -13.6% |
| ROA (TTM)Return on assets | -17.1% | -5.7% |
| ROICReturn on invested capital | +3.6% | +3.7% |
| ROCEReturn on capital employed | +4.4% | +4.1% |
| Piotroski ScoreFundamental quality 0–9 | 6 | 3 |
| Debt / EquityFinancial leverage | 0.70x | 0.82x |
| Net DebtTotal debt minus cash | $4.7B | $2.1B |
| Cash & Equiv.Liquid assets | $997M | $224M |
| Total DebtShort + long-term debt | $5.7B | $2.3B |
| Interest CoverageEBIT ÷ Interest expense | -3.06x | -1.92x |
Total Returns (Dividends Reinvested)
Evenly matched — RIG and HP each lead in 3 of 6 comparable metrics.
Total Returns (Dividends Reinvested)
A $10,000 investment in RIG five years ago would be worth $15,425 today (with dividends reinvested), compared to $14,401 for HP. Over the past 12 months, RIG leads with a +168.3% total return vs HP's +99.5%. The 3-year compound annual growth rate (CAGR) favors HP at 8.9% vs RIG's 0.9% — a key indicator of consistent wealth creation.
| Metric | ||
|---|---|---|
| YTD ReturnYear-to-date | +45.5% | +24.1% |
| 1-Year ReturnPast 12 months | +168.3% | +99.5% |
| 3-Year ReturnCumulative with dividends | +2.7% | +29.1% |
| 5-Year ReturnCumulative with dividends | +54.3% | +44.0% |
| 10-Year ReturnCumulative with dividends | -38.1% | -3.5% |
| CAGR (3Y)Annualised 3-year return | +0.9% | +8.9% |
Risk & Volatility
HP leads this category, winning 2 of 2 comparable metrics.
Risk & Volatility
HP is the less volatile stock with a 0.87 beta — it tends to amplify market swings less than RIG's 1.19 beta. A beta below 1.0 means the stock typically moves less than the S&P 500.
| Metric | ||
|---|---|---|
| Beta (5Y)Sensitivity to S&P 500 | 1.19x | 0.87x |
| 52-Week HighHighest price in past year | $7.14 | $41.68 |
| 52-Week LowLowest price in past year | $2.27 | $14.65 |
| % of 52W HighCurrent price vs 52-week peak | +86.4% | +88.5% |
| RSI (14)Momentum oscillator 0–100 | 45.2 | 60.7 |
| Avg Volume (50D)Average daily shares traded | 33.7M | 1.2M |
Analyst Outlook
Insufficient data to determine a leader in this category.
Analyst Outlook
Wall Street rates RIG as "Hold" and HP as "Hold". Consensus price targets imply 7.5% upside for RIG (target: $7) vs -0.1% for HP (target: $37). HP is the only dividend payer here at 2.75% yield — a key consideration for income-focused portfolios.
| Metric | ||
|---|---|---|
| Analyst RatingConsensus buy/hold/sell | Hold | Hold |
| Price TargetConsensus 12-month target | $6.63 | $36.86 |
| # AnalystsCovering analysts | 64 | 43 |
| Dividend YieldAnnual dividend ÷ price | — | +2.8% |
| Dividend StreakConsecutive years of raises | 0 | 0 |
| Dividend / ShareAnnual DPS | — | $1.01 |
| Buyback YieldShare repurchases ÷ mkt cap | 0.0% | 0.0% |
HP leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). RIG leads in 1 (Income & Cash Flow). 1 tied.
RIG vs HP: Frequently Asked Questions
9 questions · data-driven answers · updated daily
01Is RIG or HP a better buy right now?
For growth investors, Helmerich & Payne, Inc.
(HP) is the stronger pick with 35. 9% revenue growth year-over-year, versus 12. 5% for Transocean Ltd. (RIG). Analysts rate Transocean Ltd. (RIG) a "Hold" — based on 64 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.
02Which is the better long-term investment — RIG or HP?
Over the past 5 years, Transocean Ltd.
(RIG) delivered a total return of +54. 3%, compared to +44. 0% for Helmerich & Payne, Inc. (HP). Over 10 years, the gap is even starker: HP returned -3. 5% versus RIG's -38. 1%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.
03Which is safer — RIG or HP?
By beta (market sensitivity over 5 years), Helmerich & Payne, Inc.
(HP) is the lower-risk stock at 0. 87β versus Transocean Ltd. 's 1. 19β — meaning RIG is approximately 36% more volatile than HP relative to the S&P 500. On balance sheet safety, Transocean Ltd. (RIG) carries a lower debt/equity ratio of 70% versus 82% for Helmerich & Payne, Inc. — giving it more financial flexibility in a downturn.
04Which is growing faster — RIG or HP?
By revenue growth (latest reported year), Helmerich & Payne, Inc.
(HP) is pulling ahead at 35. 9% versus 12. 5% for Transocean Ltd. (RIG). On earnings-per-share growth, the picture is similar: Helmerich & Payne, Inc. grew EPS -148. 4% year-over-year, compared to -406. 7% for Transocean Ltd.. Over a 3-year CAGR, HP leads at 22. 1% annualised revenue growth. Higher growth typically commands a higher valuation multiple — check whether the premium P/E or P/S is justified by the growth rate using the PEG ratio.
05Which has better profit margins — RIG or HP?
Helmerich & Payne, Inc.
(HP) is the more profitable company, earning -4. 4% net margin versus -73. 5% for Transocean Ltd. — meaning it keeps -4. 4% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: RIG leads at 17. 8% versus 6. 2% for HP. At the gross margin level — before operating expenses — RIG leads at 83. 4%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.
06Is RIG or HP more undervalued right now?
Analyst consensus price targets imply the most upside for RIG: 7.
5% to $6. 63.
07Which pays a better dividend — RIG or HP?
In this comparison, HP (2.
8% yield) pays a dividend. RIG does not pay a meaningful dividend and should not be held primarily for income.
08Is RIG or HP better for a retirement portfolio?
For long-horizon retirement investors, Helmerich & Payne, Inc.
(HP) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0. 87), 2. 8% yield). Both have compounded well over 10 years (HP: -3. 5%, RIG: -38. 1%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.
09What are the main differences between RIG and HP?
Both stocks operate in the Energy sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both.
In terms of investment character: RIG is a small-cap quality compounder stock; HP is a small-cap high-growth stock. HP pays a dividend while RIG does not, making them suitable for different income and tax situations. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.
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