Helmerich & Payne (HP) FCF Margin (2009 - 2026)
Helmerich & Payne (HP) posted quarterly FCF Margin of 4.26% for Q1 2026, down 1007.0% year-over-year from 0.47% in Q1 2025, and down 77.5% quarter-over-quarter from 18.94% in Q4 2025.
Helmerich & Payne (HP) FCF Margin (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported FCF Margin for 18 consecutive years, with 4.26% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin fell 1007.0% year-over-year to 4.26%; the TTM figure through Mar 2026 stood at 3.65% (down 1433.0% YoY), while the FY2025 annual figure was 3.11%, down 2106.0% from the prior year.
- FCF Margin fell to 4.26% in Q1 2026 per HP's latest filing, from 18.94% in the prior quarter.
- Across five years, FCF Margin topped out at 65.25% in Q2 2023 and bottomed at 26.89% in Q3 2023.
- Historically, FCF Margin has averaged 14.42% across 5 years, with a median of 16.47% in 2022.
- Annual changes were most pronounced in 2024 — FCF Margin soared 5150 bps — and 2025, when it tumbled 4830 bps.
- Helmerich & Payne's FCF Margin stood at 25.52% in 2022, then grew by 1 bps to 25.74% in 2023, then plunged by 70 bps to 7.69% in 2024, then surged by 146 bps to 18.94% in 2025, then plunged by 78 bps to 4.26% in 2026.
- Business Quant data shows HP's FCF Margin at 4.26% in Q1 2026, 18.94% in Q4 2025, and 14.12% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | -8.39% |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 21.95% |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | -8.13% |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 8.11% |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | -9.58% |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | -12.96% |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 1.18% |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 49.01% |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | -17.14% |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -16.11% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 8.11% |
| Mar 31, 2026 | 4.26% |
| Dec 31, 2025 | 18.94% |
| Sep 30, 2025 | 14.12% |
| Jun 30, 2025 | -21.55% |
| Mar 31, 2025 | 14.33% |
| Dec 31, 2024 | 7.69% |
| Sep 30, 2024 | 24.61% |
| Jun 30, 2024 | 26.74% |
| Mar 31, 2024 | 19.70% |
| Dec 31, 2023 | 25.74% |
| Sep 30, 2023 | -26.89% |
| Jun 30, 2023 | 65.25% |
| Mar 31, 2023 | -5.05% |
| Dec 31, 2022 | 25.52% |
| Sep 30, 2022 | 18.97% |
| Jun 30, 2022 | 16.27% |
| Mar 31, 2022 | 16.47% |
| Dec 31, 2021 | -11.64% |
| Sep 30, 2021 | 3.90% |