Helmerich & Payne (HP) FCF Margin (2009 - 2026)
Helmerich & Payne (HP) reported FCF Margin of 2.82% for Q1 2026, up 733.0% year-over-year from 0.34% in Q1 2025, and down 124.08% quarter-over-quarter from 11.71% in Q4 2025.
Helmerich & Payne (HP) FCF Margin (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has 18 years of FCF Margin data on file, last reported at 2.82% in Q1 2026.
- FCF Margin for Q1 2026 came in at 2.82%, up 733.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 6.46% (up 402.0% YoY), and the FY2025 annual result was 3.11%, down 377.0% from the prior year.
- FCF Margin slipped to 2.82% in Q1 2026 per HP's latest filing, from 11.71% in the prior quarter.
- Over five years, FCF Margin peaked at 26.67% in Q2 2023 and troughed at 10.14% in Q1 2025.
- A 5-year average of 6.8% and a median of 7.23% in 2023 frame the typical range for FCF Margin.
- On a YoY basis, FCF Margin climbed as much as 2417 bps in 2022 and fell as far as 2906 bps in 2022.
- A 5-year view of FCF Margin shows it stood at 12.46% in 2022, then tumbled by 54 bps to 5.69% in 2023, then surged by 35 bps to 7.69% in 2024, then surged by 52 bps to 11.71% in 2025, then plunged by 124 bps to 2.82% in 2026.
- Business Quant data shows HP's FCF Margin at 2.82% in Q1 2026, 11.71% 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 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 24.36% |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 21.57% |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 12.58% |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -4.72% |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -2.82% |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | -9.78% |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -8,125.41% |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | -6.59% |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 19.60% |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | -5.57% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.82% |
| Dec 31, 2025 | 11.71% |
| Sep 30, 2025 | 14.12% |
| Jun 30, 2025 | 2.37% |
| Mar 31, 2025 | -10.14% |
| Dec 31, 2024 | 7.69% |
| Sep 30, 2024 | 9.05% |
| Jun 30, 2024 | 9.03% |
| Mar 31, 2024 | 3.69% |
| Dec 31, 2023 | 5.69% |
| Sep 30, 2023 | 15.54% |
| Jun 30, 2023 | 26.67% |
| Mar 31, 2023 | 7.23% |
| Dec 31, 2022 | 12.46% |
| Sep 30, 2022 | 6.47% |
| Jun 30, 2022 | 4.97% |
| Mar 31, 2022 | -8.10% |
| Dec 31, 2021 | -11.71% |
| Sep 30, 2021 | 3.97% |
| Jun 30, 2021 | 3.79% |