Helmerich & Payne (HP) Dividend Coverage Ratio (2009 - 2026)
Helmerich & Payne's Dividend Coverage Ratio was 2.98 in fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with -6.46 a year earlier.
Helmerich & Payne (HP) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Helmerich & Payne's Dividend Coverage Ratio was -1.35 through Jun 30, 2026; for FY2025 (ended Sep 30, 2025), it was -1.63.
- In earlier fiscal years, Dividend Coverage Ratio was 2.04 in FY2024 (-5.2%), 2.15 in FY2023, 0.06 in FY2022 and -2.99 in FY2021.
- The fiscal Q3 2026 figure marks the highest quarterly Dividend Coverage Ratio since fiscal Q2 2023.
- The best year-over-year quarter for Dividend Coverage Ratio over five years was fiscal Q3 2023 (growth of 188.7%); the worst was fiscal Q2 2025 (a decline of 96.8%).
- Per Business Quant data, HP's Dividend Coverage Ratio in the three fiscal quarters before Q3 2026 was -2.31 (Q2 2026), -3.83 (Q1 2026) and -2.28 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.52 Bn | 70.45 Bn | 1.40 Bn | - |
| 2 | Baker Hughes | 55.17 Bn | 18.27 Bn | 1.58 Bn | 2.99 |
| 3 | Halliburton | 28.16 Bn | 19.87 Bn | 804.00 Mn | 3.73 |
| 4 | TechnipFMC | 27.25 Bn | 23.39 Bn | 684.70 Mn | - |
| 5 | Noble | 6.82 Bn | 4.75 Bn | 239.27 Mn | - |
| 6 | Nov | 6.80 Bn | 1.54 Bn | 521.00 Mn | 1.75 |
| 7 | Transocean | 6.52 Bn | 4.23 Bn | 358.00 Mn | - |
| 8 | Valaris | 6.12 Bn | 3.74 Bn | 123.70 Mn | - |
| 9 | Weatherford International | 5.69 Bn | 1.62 Bn | 333.00 Mn | 1.95 |
| 10 | Helmerich & Payne | 3.82 Bn | 2.90 Bn | 349.94 Mn | 2.98 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.98 |
| Mar 31, 2026 | -2.31 |
| Dec 31, 2025 | -3.83 |
| Sep 30, 2025 | -2.28 |
| Jun 30, 2025 | -6.46 |
| Mar 31, 2025 | 0.07 |
| Dec 31, 2024 | 2.19 |
| Sep 30, 2024 | 1.80 |
| Jun 30, 2024 | 2.11 |
| Mar 31, 2024 | 2.02 |
| Dec 31, 2023 | 2.25 |
| Sep 30, 2023 | 1.59 |
| Jun 30, 2023 | 1.92 |
| Mar 31, 2023 | 3.21 |
| Dec 31, 2022 | 1.88 |
| Sep 30, 2022 | 1.71 |
| Jun 30, 2022 | 0.66 |
| Mar 31, 2022 | -0.19 |
| Dec 31, 2021 | -1.88 |
| Sep 30, 2021 | -2.90 |
Helmerich & Payne Dividend Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=HP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-ratio", "ticker": "HP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=dividend-coverage-ratio&ticker=HP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();