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
DateValue
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