Helmerich & Payne (HP) Deferred Taxes (2009 - 2026)
Helmerich & Payne (HP) reported 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 18 years of Deferred Taxes data on file, last reported at -$13.2 million in Q1 2026.
- Deferred Taxes for Q1 2026 came in at -$13.2 million, up 46.0% year-over-year; the trailing twelve-month figure through Mar 2026 was -$50.3 million (down 21.09% YoY), and the FY2025 annual result was -$78.7 million, down 239.19% from the prior year.
- Deferred Taxes slipped to -$13.2 million in Q1 2026 per HP's latest filing, from $7.2 million in the prior quarter.
- Over five years, Deferred Taxes peaked at $7.2 million in Q4 2025 and troughed at -$30.3 million in Q2 2025.
- A 5-year average of -$9.8 million and a median of -$8.0 million in 2023 frame the typical range for Deferred Taxes.
- The sharpest annual moves came in 2023 and 2025: Deferred Taxes jumped 1451.16% in 2023, then tumbled 3262.98% in 2025.
- A 5-year view of Deferred Taxes shows it stood at $711000.0 in 2022, then sank by 1201.13% to -$7.8 million in 2023, then retreated by 26.75% to -$9.9 million in 2024, then jumped by 172.38% to $7.2 million in 2025, then tumbled 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 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 6.21 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 46.34 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | -73.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -3.79 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -13.17 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 17.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 5.06 Mn |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 200,000.00 |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 9.50 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Dec 31, 2022 | 711,000.00 |
| Sep 30, 2022 | -28.03 Mn |
| Jun 30, 2022 | -258,000.00 |
| Mar 31, 2022 | -127,000.00 |
| Dec 31, 2021 | -69,000.00 |
| Sep 30, 2021 | -89.79 Mn |
| Jun 30, 2021 | 46.10 Mn |
| Mar 31, 2021 | -46.05 Mn |