Helmerich & Payne (HP) Dividend Coverage Ratio (2009 - 2026)
Helmerich & Payne's (HP) quarterly Dividend Coverage Ratio came in at 3.07 in Q2 2026, up 147.85% year-over-year from 1.24 in Q2 2025, and up 239.86% quarter-over-quarter from 2.2 in Q1 2026.
Analysis
Helmerich & Payne (HP) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Dividend Coverage Ratio for 18 consecutive years, with 3.07 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Dividend Coverage Ratio rose 147.85% year-over-year to 3.07 in Q2 2026; TTM through Jun 2026 was 1.27, a 419.91% decrease from a year earlier, with the FY2025 full-year figure at 1.59, down 177.72% from the prior year.
- Dividend Coverage Ratio was 3.07 for Q2 2026 at Helmerich & Payne, up from 2.2 in the prior quarter.
- Over five years, Dividend Coverage Ratio peaked at 3.21 in Q1 2023 and troughed at 6.42 in Q2 2025.
- A 5-year average of 0.54 and a median of 1.76 in 2024 frame the typical range for Dividend Coverage Ratio.
- Across the five-year window, Dividend Coverage Ratio jumped 1810.9% in 2023 and tumbled 1986.45% in 2026, its largest moves.
- Over 5 years, Dividend Coverage Ratio stood at 1.89 in 2022, then rose by 19.01% to 2.25 in 2023, then retreated by 2.7% to 2.19 in 2024, then plunged by 271.83% to 3.76 in 2025, then jumped by 181.71% to 3.07 in 2026.
- The last three Dividend Coverage Ratio figures came in at 3.07 (Q2 2026), 2.2 (Q1 2026), and 3.76 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.74 Bn | 4.54 Bn | 597.25 Mn | -0.51 |
| 2 | Helmerich & Payne | 4.43 Bn | 4.29 Bn | 349.94 Mn | 3.07 |
| 3 | Nabors Industries | 1.45 Bn | 1.44 Bn | 309.38 Mn | - |
| 4 | Precision Drilling | 1.16 Bn | 1.12 Bn | 89.29 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.07 |
| Mar 31, 2026 | -2.20 |
| Dec 31, 2025 | -3.76 |
| Sep 30, 2025 | -2.21 |
| Jun 30, 2025 | -6.42 |
| Mar 31, 2025 | 0.12 |
| 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 | 1.89 |
| Sep 30, 2022 | 1.72 |
| Jun 30, 2022 | 0.66 |
| Mar 31, 2022 | -0.19 |
| Dec 31, 2021 | -1.88 |
| Sep 30, 2021 | -2.48 |