Helmerich & Payne (HP) Debt Ratio (2009 - 2026)
Helmerich & Payne's (HP) quarterly Debt Ratio came in at 0.3 in Q2 2026, down 7.21% year-over-year from 0.32 in Q2 2025, and down 12.33% quarter-over-quarter from 0.34 in Q1 2026.
Analysis
Helmerich & Payne (HP) Debt Ratio (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Debt Ratio for 18 consecutive years, with 0.3 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio fell 7.21% year-over-year to 0.3 in Q2 2026; TTM through Jun 2026 was 0.3, a 7.21% decrease from a year earlier, with the FY2025 full-year figure at 0.31, changed 0.19% from the prior year.
- Debt Ratio was 0.3 for Q2 2026 at Helmerich & Payne, down from 0.34 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.34 in Q1 2026 and troughed at 0.12 in Q2 2024.
- A 5-year average of 0.21 and a median of 0.13 in 2023 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio plunged 58.44% in 2022 and soared 163.38% in 2025, its largest moves.
- Over 5 years, Debt Ratio stood at 0.12 in 2022, then rose by 0.22% to 0.12 in 2023, then surged by 148.36% to 0.31 in 2024, then advanced by 3.11% to 0.32 in 2025, then slipped by 5.87% to 0.3 in 2026.
- The last three Debt Ratio figures came in at 0.3 (Q2 2026), 0.34 (Q1 2026), and 0.32 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.74 Bn | 4.54 Bn | 597.25 Mn | 0.23 |
| 2 | Helmerich & Payne | 4.43 Bn | 4.29 Bn | 349.94 Mn | 0.30 |
| 3 | Nabors Industries | 1.45 Bn | 1.44 Bn | 309.38 Mn | 0.48 |
| 4 | Precision Drilling | 1.16 Bn | 1.12 Bn | 89.29 Mn | 0.23 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.30 |
| Mar 31, 2026 | 0.34 |
| Dec 31, 2025 | 0.32 |
| 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 | 0.30 |