Helmerich & Payne (HP) Debt Ratio (2009 - 2026)
Helmerich & Payne (HP) reported Debt Ratio of 0.32 for Q1 2026, up 2.16% year-over-year from 0.31 in Q1 2025, and little changed quarter-over-quarter from 0.31 in Q4 2025.
Helmerich & Payne (HP) Debt Ratio (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has 18 years of Debt Ratio data on file, last reported at 0.32 in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.32, up 2.16% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.32 (up 2.16% YoY), and the FY2025 annual result was 0.31, changed 0.15% from the prior year.
- Debt Ratio held at 0.32 in Q1 2026 per HP's latest filing, from 0.31 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.32 in Q2 2025 and troughed at 0.12 in Q2 2024.
- A 5-year average of 0.2 and a median of 0.13 in 2022 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio tumbled 45.01% in 2022, then soared 162.56% in 2025.
- A 5-year view of Debt Ratio shows it stood at 0.12 in 2022, then gained by 0.22% to 0.12 in 2023, then soared by 148.36% to 0.31 in 2024, then increased by 2.76% to 0.31 in 2025, then rose by 0.4% to 0.32 in 2026.
- Business Quant data shows HP's Debt Ratio at 0.32 in Q1 2026, 0.31 in Q4 2025, and 0.31 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 0.24 |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 0.26 |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 0.35 |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 0.23 |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 0.32 |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 0.15 |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 0.55 |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 0.48 |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 0.61 |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 0.20 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.32 |
| Dec 31, 2025 | 0.31 |
| Sep 30, 2025 | 0.31 |
| Jun 30, 2025 | 0.32 |
| Mar 31, 2025 | 0.31 |
| Dec 31, 2024 | 0.31 |
| Sep 30, 2024 | 0.31 |
| Jun 30, 2024 | 0.12 |
| Mar 31, 2024 | 0.12 |
| Dec 31, 2023 | 0.12 |
| Sep 30, 2023 | 0.12 |
| Jun 30, 2023 | 0.13 |
| Mar 31, 2023 | 0.12 |
| Dec 31, 2022 | 0.12 |
| Sep 30, 2022 | 0.12 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.13 |
| Dec 31, 2021 | 0.12 |
| Sep 30, 2021 | 0.20 |
| Jun 30, 2021 | 0.23 |