Helmerich & Payne (HP) Debt Ratio (2009 - 2026)
Helmerich & Payne's (HP) Debt Ratio was 0.30 for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 7.3% from 0.32 a year earlier and down 6.3% from the prior quarter.
Helmerich & Payne (HP) Debt Ratio (2009 - 2026) Analysis & Trends
For FY2025 (ended Sep 30, 2025), Debt Ratio at Helmerich & Payne was 0.31, down 0.1% from FY2024.
- By fiscal year, Debt Ratio came in at 0.31 in FY2024 (+147.8%), 0.12 in FY2023 (-0.1%), 0.12 in FY2022 (-38.8%) and 0.20 in FY2021 (+104.7%).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Debt Ratio since fiscal Q3 2024.
- Year over year, Debt Ratio gained in six of the last eight quarters, with growth averaging 75.9%.
- The high point for year-over-year Debt Ratio in five years was fiscal Q3 2025 (growth of 162.6%); the low point was fiscal Q3 2022 (a decline of 41.5%).
- Per Business Quant data, the three fiscal quarters before Q3 2026 came in at 0.32 (Q2 2026), 0.31 (Q1 2026) and 0.31 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.52 Bn | 70.45 Bn | 1.40 Bn | 0.23 |
| 2 | Baker Hughes | 55.17 Bn | 18.27 Bn | 1.58 Bn | 0.31 |
| 3 | Halliburton | 28.16 Bn | 19.87 Bn | 804.00 Mn | 0.00 |
| 4 | TechnipFMC | 27.25 Bn | 23.39 Bn | 684.70 Mn | 0.04 |
| 5 | Noble | 6.82 Bn | 4.75 Bn | 239.27 Mn | 0.26 |
| 6 | Nov | 6.80 Bn | 1.54 Bn | 521.00 Mn | 0.15 |
| 7 | Transocean | 6.52 Bn | 4.23 Bn | 358.00 Mn | 0.34 |
| 8 | Valaris | 6.12 Bn | 3.74 Bn | 123.70 Mn | 0.20 |
| 9 | Weatherford International | 5.69 Bn | 1.62 Bn | 333.00 Mn | 0.29 |
| 10 | Helmerich & Payne | 3.82 Bn | 2.90 Bn | 349.94 Mn | 0.30 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.30 |
| 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 |
Helmerich & Payne Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=HP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "HP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=HP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();