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 on a QoQ basis from 0.31 in Q4 2025.
Helmerich & Payne (HP) has 18 years of Debt Ratio data on file, last reported at 0.32 in Q1 2026.
- Quarterly Debt Ratio rose 2.16% year-over-year to 0.32 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.32 (up 2.16% YoY) and the FY2025 annual result came in at 0.31, changed 0.15% from the prior year.
- Debt Ratio was little changed at 0.32 in Q1 2026 per HP's latest filing, from 0.31 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.32 in Q2 2025 and bottomed at 0.12 in Q2 2024.
- The 5-year median for Debt Ratio is 0.13 (2022), against an average of 0.2.
- The widest annual swing landed in 2022, when Debt Ratio sank 45.01%; it then jumped 162.56% in 2025.
- Tracing HP's Debt Ratio over 5 years: stood at 0.12 in 2022, then increased by 0.22% to 0.12 in 2023, then jumped by 148.36% to 0.31 in 2024, then climbed by 2.76% to 0.31 in 2025, then grew by 0.4% to 0.32 in 2026.
- Per Business Quant, the three latest HP Debt Ratio figures stand at 0.32 (Q1 2026), 0.31 (Q4 2025), and 0.31 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 0.24 |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 0.26 |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 0.35 |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 0.23 |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 0.32 |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 0.15 |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 0.55 |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 0.48 |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 0.59 |
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 |
| Mar 31, 2021 | 0.22 |
| Dec 31, 2020 | 0.22 |
| Sep 30, 2020 | 0.10 |
| Jun 30, 2020 | 0.10 |
| Mar 31, 2020 | 0.09 |
| Dec 31, 2019 | 0.08 |
| Sep 30, 2019 | 0.08 |
| Jun 30, 2019 | 0.08 |
| Mar 31, 2019 | 0.08 |
| Dec 31, 2018 | 0.08 |
| Sep 30, 2018 | 0.08 |
| Jun 30, 2018 | 0.08 |
| Mar 31, 2018 | 0.08 |
| Dec 31, 2017 | 0.08 |
| Sep 30, 2017 | 18.34 |
| Jun 30, 2017 | 0.08 |
| Mar 31, 2017 | 0.08 |
| Dec 31, 2016 | 0.07 |
| Sep 30, 2016 | 0.07 |
| Jun 30, 2016 | 0.08 |
| Mar 31, 2016 | 0.08 |
| Dec 31, 2015 | 0.07 |
| Sep 30, 2015 | 0.07 |
| Mar 31, 2015 | 0.08 |
| Dec 31, 2014 | 0.01 |
| Sep 30, 2014 | 0.01 |
| Jun 30, 2014 | 0.03 |
| Mar 31, 2014 | 0.03 |
| Dec 31, 2013 | 0.03 |
| Sep 30, 2013 | 0.03 |
| Jun 30, 2013 | 0.04 |
| Mar 31, 2013 | 0.04 |
| Dec 31, 2012 | 0.04 |
| Sep 30, 2012 | 0.04 |
| Jun 30, 2012 | 0.06 |
| Mar 31, 2012 | 0.06 |
| Dec 31, 2011 | 0.07 |
| Sep 30, 2011 | 0.07 |
| Jun 30, 2011 | 0.07 |
| Mar 31, 2011 | 0.07 |
| Dec 31, 2010 | 0.08 |
| Sep 30, 2010 | 0.08 |
| Jun 30, 2010 | 0.10 |
| Mar 31, 2010 | 0.10 |
| Dec 31, 2009 | 0.11 |
| Sep 30, 2009 | 0.13 |
| Jun 30, 2009 | 0.11 |