Helmerich & Payne (HP) Debt Ratio (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Debt Ratio of 0.34 for Q1 2026, up 9.62% year-over-year from 0.31 in Q1 2025, and up 7.73% quarter-over-quarter from 0.31 in Q4 2025.
Helmerich & Payne (HP) Debt Ratio (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Debt Ratio for 18 consecutive years, with 0.34 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio rose 9.62% year-over-year to 0.34; the TTM figure through Mar 2026 stood at 0.34 (up 9.62% YoY), while the FY2025 annual figure was 0.31, changed 0.15% from the prior year.
- Debt Ratio advanced to 0.34 in Q1 2026 per HP's latest filing, from 0.31 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.34 in Q1 2026 and bottomed at 0.12 in Q2 2024.
- Historically, Debt Ratio has averaged 0.2 across 5 years, with a median of 0.13 in 2022.
- Annual changes were most pronounced in 2022 — Debt Ratio tumbled 45.01% — and 2025, when it soared 162.56%.
- Helmerich & Payne's Debt Ratio stood at 0.12 in 2022, then advanced by 0.22% to 0.12 in 2023, then jumped by 148.36% to 0.31 in 2024, then rose by 2.76% to 0.31 in 2025, then climbed by 7.73% to 0.34 in 2026.
- Business Quant data shows HP's Debt Ratio at 0.34 in Q1 2026, 0.31 in Q4 2025, and 0.31 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 0.26 |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 0.34 |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 0.23 |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 0.30 |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 0.18 |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 0.67 |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 0.48 |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 0.23 |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 0.20 |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 0.55 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.30 |
| Mar 31, 2026 | 0.34 |
| 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 |