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% quarter-over-quarter from $0.75 in Q4 2025.
Helmerich & Payne (HP) Debt to Equity (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has 18 years of Debt to Equity data on file, last reported at $0.76 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.76, up 3.74% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.76 (up 3.74% YoY), and the FY2025 annual result was $0.73, up 19.4% from the prior year.
- Debt to Equity grew to $0.76 in Q1 2026 per HP's latest filing, from $0.75 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.76 in Q2 2025 and troughed at $0.19 in Q2 2024.
- A 5-year average of $0.41 and a median of $0.2 in 2022 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2022 and 2025: Debt to Equity slumped 44.27% in 2022, then jumped 300.33% in 2025.
- A 5-year view of Debt to Equity shows it stood at $0.2 in 2022, then dropped by 0.09% to $0.2 in 2023, then soared by 205.99% to $0.6 in 2024, then advanced by 24.44% to $0.75 in 2025, then rose by 1.2% to $0.76 in 2026.
- Business Quant data shows HP's Debt to Equity at $0.76 in Q1 2026, $0.75 in Q4 2025, and $0.73 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 0.30 |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 0.42 |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 0.64 |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 0.39 |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 0.76 |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 0.22 |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 2.27 |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 3.72 |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 1.93 |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 0.34 |
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 |