Helmerich & Payne (HP) Interest Coverage Ratio (2009 - 2026)
Helmerich & Payne's Interest Coverage Ratio came in at 7.70 for fiscal Q3 2026 (quarter ended Jun 30, 2026), compared with -4.39 a year earlier.
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Analysis
Helmerich & Payne (HP) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Helmerich & Payne reported Interest Coverage Ratio of 0.87, down 26.0% year-over-year; for FY2025 (ended Sep 30, 2025), it was 0.03, down 99.8% from FY2024.
- Going back by fiscal year, Interest Coverage Ratio was 15.72 in FY2024 (-52.2%), 32.88 in FY2023, 2.36 in FY2022 and -17.89 in FY2021.
- The fiscal Q3 2026 figure represents the highest quarterly Interest Coverage Ratio since fiscal Q3 2024.
- The fastest year-over-year change in Interest Coverage Ratio over five years came in fiscal Q3 2023 (growth of 346.0%), and the weakest in fiscal Q2 2025 (a decline of 94.3%).
- Business Quant data shows HP's Interest Coverage Ratio at -1.43 (Q2 2026), -2.34 (Q1 2026) and -0.05 (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.52 Bn | 70.45 Bn | 1.40 Bn | 8.37 |
| 2 | Baker Hughes | 55.17 Bn | 18.27 Bn | 1.58 Bn | - |
| 3 | Halliburton | 28.16 Bn | 19.87 Bn | 804.00 Mn | - |
| 4 | TechnipFMC | 27.25 Bn | 23.39 Bn | 684.70 Mn | -148.94 |
| 5 | Noble | 6.82 Bn | 4.75 Bn | 239.27 Mn | 0.84 |
| 6 | Nov | 6.80 Bn | 1.54 Bn | 521.00 Mn | 9.19 |
| 7 | Transocean | 6.52 Bn | 4.23 Bn | 358.00 Mn | 7.60 |
| 8 | Valaris | 6.12 Bn | 3.74 Bn | 123.70 Mn | - |
| 9 | Weatherford International | 5.69 Bn | 1.62 Bn | 333.00 Mn | - |
| 10 | Helmerich & Payne | 3.82 Bn | 2.90 Bn | 349.94 Mn | 7.70 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.70 |
| Mar 31, 2026 | -1.43 |
| Dec 31, 2025 | -2.34 |
| Sep 30, 2025 | -0.05 |
| Jun 30, 2025 | -4.39 |
| Mar 31, 2025 | 1.49 |
| Dec 31, 2024 | 4.08 |
| Sep 30, 2024 | 6.67 |
| Jun 30, 2024 | 26.17 |
| Mar 31, 2024 | 26.09 |
| Dec 31, 2023 | 28.24 |
| Sep 30, 2023 | 22.94 |
| Jun 30, 2023 | 34.40 |
| Mar 31, 2023 | 41.33 |
| Dec 31, 2022 | 33.12 |
| Sep 30, 2022 | 17.75 |
| Jun 30, 2022 | 7.71 |
| Mar 31, 2022 | -5.15 |
| Dec 31, 2021 | -6.97 |
| Sep 30, 2021 | -15.92 |
API Access
Helmerich & Payne Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=HP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "HP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=HP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();