Helmerich & Payne (HP) EBITDA (2009 - 2026)
Helmerich & Payne (HP) posted quarterly EBITDA of -$36.9 million for Q1 2026, down 187.56% year-over-year from $42.2 million in Q1 2025, and up 38.38% quarter-over-quarter from -$59.9 million in Q4 2025.
Helmerich & Payne (HP) EBITDA (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported EBITDA for 18 consecutive years, with -$36.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, EBITDA fell 187.56% year-over-year to -$36.9 million; the TTM figure through Mar 2026 stood at -$226.6 million (down 163.98% YoY), while the FY2025 annual figure was $3.3 million, down 99.27% from the prior year.
- EBITDA grew to -$36.9 million in Q1 2026 per HP's latest filing, from -$59.9 million in the prior quarter.
- Across five years, EBITDA topped out at $175.2 million in Q1 2023 and bottomed at -$128.3 million in Q2 2025.
- Historically, EBITDA has averaged $59.9 million across 5 years, with a median of $90.9 million in 2024.
- Annual changes were most pronounced in 2023 — EBITDA soared 874.66% — and 2025, when it sank 213.06%.
- Helmerich & Payne's EBITDA stood at $144.2 million in 2022, then slipped by 14.39% to $123.5 million in 2023, then fell by 26.39% to $90.9 million in 2024, then sank by 165.92% to -$59.9 million in 2025, then jumped by 38.38% to -$36.9 million in 2026.
- Business Quant data shows HP's EBITDA at -$36.9 million in Q1 2026, -$59.9 million in Q4 2025, and -$1.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 30.48 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 152.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 176.30 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 351.01 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 72.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 43.80 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | -492.67 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 70.16 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 51.10 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -66.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 188.21 Mn |
| Mar 31, 2026 | -36.92 Mn |
| Dec 31, 2025 | -59.91 Mn |
| Sep 30, 2025 | -1.46 Mn |
| Jun 30, 2025 | -128.27 Mn |
| Mar 31, 2025 | 42.16 Mn |
| Dec 31, 2024 | 90.89 Mn |
| Sep 30, 2024 | 107.59 Mn |
| Jun 30, 2024 | 113.46 Mn |
| Mar 31, 2024 | 111.17 Mn |
| Dec 31, 2023 | 123.47 Mn |
| Sep 30, 2023 | 100.14 Mn |
| Jun 30, 2023 | 148.74 Mn |
| Mar 31, 2023 | 175.21 Mn |
| Dec 31, 2022 | 144.22 Mn |
| Sep 30, 2022 | 76.80 Mn |
| Jun 30, 2022 | 33.72 Mn |
| Mar 31, 2022 | -22.62 Mn |
| Dec 31, 2021 | -42.61 Mn |
| Sep 30, 2021 | -97.04 Mn |