Helmerich & Payne (HP) Deferred Taxes (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Deferred Taxes of -$13.2 million for Q1 2026, up 46.0% year-over-year from -$9.0 million in Q1 2025, and down 283.39% quarter-over-quarter from $7.2 million in Q4 2025.
Helmerich & Payne (HP) Deferred Taxes (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Deferred Taxes for 18 consecutive years, with -$13.2 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Deferred Taxes rose 46.0% year-over-year to -$13.2 million; the TTM figure through Mar 2026 stood at -$50.3 million (down 21.09% YoY), while the FY2025 annual figure was -$78.7 million, down 239.19% from the prior year.
- Deferred Taxes fell to -$13.2 million in Q1 2026 per HP's latest filing, from $7.2 million in the prior quarter.
- Across five years, Deferred Taxes topped out at $8.1 million in Q3 2022 and bottomed at -$30.3 million in Q2 2025.
- Historically, Deferred Taxes has averaged -$9.2 million across 5 years, with a median of -$8.1 million in 2024.
- On a YoY basis, Deferred Taxes climbed as much as 372.46% in 2022 and fell as far as 39809.52% in 2022.
- Helmerich & Payne's Deferred Taxes stood at $188000.0 in 2022, then sank by 4264.36% to -$7.8 million in 2023, then decreased by 26.75% to -$9.9 million in 2024, then surged by 172.38% to $7.2 million in 2025, then plunged by 283.39% to -$13.2 million in 2026.
- Business Quant data shows HP's Deferred Taxes at -$13.2 million in Q1 2026, $7.2 million in Q4 2025, and -$14.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Deferred Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.42 Bn | 6.96 Bn | 273.38 Mn | 13.76 Mn |
| 2 | Transocean | 6.64 Bn | 5.84 Bn | 358.00 Mn | - |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.42 Bn | 597.25 Mn | -8.79 Mn |
| 4 | Helmerich & Payne | 4.35 Bn | 4.12 Bn | 349.94 Mn | -22.99 Mn |
| 5 | Seadrill | 2.94 Bn | 2.58 Bn | 234.00 Mn | 1.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.16 Bn | - | -1.20 Mn |
| 7 | Nabors Industries | 1.30 Bn | 793.36 Mn | 309.38 Mn | 2.41 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | - |
| 9 | Valaris | 880.11 Mn | 338.91 Mn | 123.70 Mn | 11.20 Mn |
| 10 | Sable Offshore | 811.86 Mn | 790.26 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -22.99 Mn |
| Mar 31, 2026 | -13.17 Mn |
| Dec 31, 2025 | 7.18 Mn |
| Sep 30, 2025 | -14.01 Mn |
| Jun 30, 2025 | -30.34 Mn |
| Mar 31, 2025 | -24.39 Mn |
| Dec 31, 2024 | -9.92 Mn |
| Sep 30, 2024 | 443,000.00 |
| Jun 30, 2024 | -7.70 Mn |
| Mar 31, 2024 | -8.10 Mn |
| Dec 31, 2023 | -7.83 Mn |
| Sep 30, 2023 | -24.60 Mn |
| Jun 30, 2023 | 3.49 Mn |
| Mar 31, 2023 | 523,000.00 |
| Dec 31, 2022 | 188,000.00 |
| Sep 30, 2022 | 8.13 Mn |
| Jun 30, 2022 | -25.02 Mn |
| Mar 31, 2022 | -11.53 Mn |
| Dec 31, 2021 | -69,000.00 |
| Sep 30, 2021 | -89.79 Mn |