Helmerich & Payne (HP) Debt to Equity (2009 - 2026)
Helmerich & Payne (HP) reported Debt to Equity of $0.76 for Q1 2026, up 3.74% year-over-year from $0.73 in Q1 2025, and up 1.2% on a QoQ basis from $0.75 in Q4 2025.
Helmerich & Payne (HP) has 18 years of Debt to Equity data on file, last reported at $0.76 in Q1 2026.
- Quarterly Debt to Equity rose 3.74% year-over-year to $0.76 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $0.76 (up 3.74% YoY) and the FY2025 annual result came in at $0.73, up 19.4% from the prior year.
- Debt to Equity advanced to $0.76 in Q1 2026 per HP's latest filing, from $0.75 in the prior quarter.
- Across five years, Debt to Equity topped out at $0.76 in Q2 2025 and bottomed at $0.19 in Q2 2024.
- The 5-year median for Debt to Equity is $0.2 (2022), against an average of $0.41.
- The widest annual swing landed in 2022, when Debt to Equity plunged 44.27%; it then surged 300.33% in 2025.
- Tracing HP's Debt to Equity over 5 years: stood at $0.2 in 2022, then decreased by 0.09% to $0.2 in 2023, then jumped by 205.99% to $0.6 in 2024, then rose by 24.44% to $0.75 in 2025, then grew by 1.2% to $0.76 in 2026.
- Per Business Quant, the three latest HP Debt to Equity figures stand at $0.76 (Q1 2026), $0.75 (Q4 2025), and $0.73 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 0.30 |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 0.42 |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 0.64 |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 0.39 |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 0.76 |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 0.22 |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 2.27 |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 3.72 |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 1.76 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.76 |
| Dec 31, 2025 | 0.75 |
| Sep 30, 2025 | 0.73 |
| Jun 30, 2025 | 0.76 |
| Mar 31, 2025 | 0.73 |
| Dec 31, 2024 | 0.60 |
| Sep 30, 2024 | 0.61 |
| Jun 30, 2024 | 0.19 |
| Mar 31, 2024 | 0.19 |
| Dec 31, 2023 | 0.20 |
| Sep 30, 2023 | 0.20 |
| Jun 30, 2023 | 0.20 |
| Mar 31, 2023 | 0.20 |
| Dec 31, 2022 | 0.20 |
| Sep 30, 2022 | 0.20 |
| Jun 30, 2022 | 0.20 |
| Mar 31, 2022 | 0.20 |
| Dec 31, 2021 | 0.20 |
| Sep 30, 2021 | 0.35 |
| Jun 30, 2021 | 0.34 |
| Mar 31, 2021 | 0.33 |
| Dec 31, 2020 | 0.32 |
| Sep 30, 2020 | 0.14 |
| Jun 30, 2020 | 0.14 |
| Mar 31, 2020 | 0.14 |
| Dec 31, 2019 | 0.12 |
| Sep 30, 2019 | 0.12 |
| Jun 30, 2019 | 0.12 |
| Mar 31, 2019 | 0.11 |
| Dec 31, 2018 | 0.11 |
| Sep 30, 2018 | 0.11 |
| Jun 30, 2018 | 0.11 |
| Mar 31, 2018 | 0.11 |
| Dec 31, 2017 | 0.11 |
| Sep 30, 2017 | 0.12 |
| Jun 30, 2017 | 0.12 |
| Mar 31, 2017 | -24.17 |
| Dec 31, 2016 | 39.14 |
| Sep 30, 2016 | 0.11 |
| Jun 30, 2016 | 0.11 |
| Mar 31, 2016 | -29.64 |
| Dec 31, 2015 | 85.89 |
| Sep 30, 2015 | 0.11 |
| Mar 31, 2015 | 0.11 |
| Dec 31, 2014 | 0.02 |
| Sep 30, 2014 | 0.02 |
| Jun 30, 2014 | 0.04 |
| Mar 31, 2014 | 0.04 |
| Dec 31, 2013 | 0.04 |
| Sep 30, 2013 | 0.04 |
| Jun 30, 2013 | 0.05 |
| Mar 31, 2013 | 0.06 |
| Dec 31, 2012 | 0.06 |
| Sep 30, 2012 | 0.06 |
| Jun 30, 2012 | 0.10 |
| Mar 31, 2012 | 0.10 |
| Dec 31, 2011 | 0.10 |
| Sep 30, 2011 | 0.11 |
| Jun 30, 2011 | 0.11 |
| Mar 31, 2011 | 0.11 |
| Dec 31, 2010 | 0.12 |
| Sep 30, 2010 | 0.13 |
| Jun 30, 2010 | 0.14 |
| Mar 31, 2010 | 0.16 |
| Dec 31, 2009 | 0.18 |
| Sep 30, 2009 | 0.20 |
| Jun 30, 2009 | 0.18 |