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Helmerich & Payne (HP) Equity Ratio (2009 - 2026)

Helmerich & Payne (HP) reported Equity Ratio of 0.42 for Q1 2026, down 1.52% year-over-year from 0.42 in Q1 2025, and down 0.79% on a QoQ basis from 0.42 in Q4 2025.

Helmerich & Payne (HP) has 18 years of Equity Ratio data on file, last reported at 0.42 in Q1 2026.

  • Quarterly Equity Ratio fell 1.52% year-over-year to 0.42 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.42 (down 1.52% YoY) and the FY2025 annual result came in at 0.42, down 16.37% from the prior year.
  • Equity Ratio slipped to 0.42 in Q1 2026 per HP's latest filing, from 0.42 in the prior quarter.
  • Across five years, Equity Ratio topped out at 0.64 in Q2 2024 and bottomed at 0.42 in Q1 2026.
  • The 5-year median for Equity Ratio is 0.62 (2023), against an average of 0.55.
  • The widest annual swing landed in 2022, when Equity Ratio gained 9.74%; it then tumbled 34.41% in 2025.
  • Tracing HP's Equity Ratio over 5 years: stood at 0.62 in 2022, then advanced by 0.31% to 0.62 in 2023, then retreated by 18.83% to 0.51 in 2024, then fell by 17.42% to 0.42 in 2025, then declined by 0.79% to 0.42 in 2026.
  • Per Business Quant, the three latest HP Equity Ratio figures stand at 0.42 (Q1 2026), 0.42 (Q4 2025), and 0.42 (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 0.82
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 0.61
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 0.54
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 0.59
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 0.42
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn 0.71
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 0.24
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 0.13
9 Borr Drilling 1.48 Bn 1.10 Bn - 0.34

Historic Data

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DateValue
Mar 31, 2026 0.42
Dec 31, 2025 0.42
Sep 30, 2025 0.42
Jun 30, 2025 0.42
Mar 31, 2025 0.42
Dec 31, 2024 0.51
Sep 30, 2024 0.50
Jun 30, 2024 0.64
Mar 31, 2024 0.63
Dec 31, 2023 0.62
Sep 30, 2023 0.63
Jun 30, 2023 0.62
Mar 31, 2023 0.63
Dec 31, 2022 0.62
Sep 30, 2022 0.63
Jun 30, 2022 0.63
Mar 31, 2022 0.63
Dec 31, 2021 0.63
Sep 30, 2021 0.58
Jun 30, 2021 0.67
Mar 31, 2021 0.67
Dec 31, 2020 0.68
Sep 30, 2020 0.69
Jun 30, 2020 0.68
Mar 31, 2020 0.67
Dec 31, 2019 0.68
Sep 30, 2019 0.69
Jun 30, 2019 0.69
Mar 31, 2019 0.70
Dec 31, 2018 0.70
Sep 30, 2018 0.71
Jun 30, 2018 0.71
Mar 31, 2018 0.72
Dec 31, 2017 0.72
Sep 30, 2017 154.92
Jun 30, 2017 0.65
Mar 31, 2017 0.00
Dec 31, 2016 0.00
Sep 30, 2016 0.67
Jun 30, 2016 0.67
Mar 31, 2016 0.00
Dec 31, 2015 0.00
Sep 30, 2015 0.68
Mar 31, 2015 0.68
Dec 31, 2014 0.72
Sep 30, 2014 0.73
Jun 30, 2014 0.72
Mar 31, 2014 0.72
Dec 31, 2013 0.71
Sep 30, 2013 0.71
Jun 30, 2013 0.69
Mar 31, 2013 0.69
Dec 31, 2012 0.67
Sep 30, 2012 0.67
Jun 30, 2012 0.66
Mar 31, 2012 0.66
Dec 31, 2011 0.66
Sep 30, 2011 0.65
Jun 30, 2011 0.66
Mar 31, 2011 0.66
Dec 31, 2010 0.66
Sep 30, 2010 0.66
Jun 30, 2010 0.66
Mar 31, 2010 0.66
Dec 31, 2009 0.65
Sep 30, 2009 0.64
Jun 30, 2009 0.64