Helmerich & Payne HP
NYSE HP
$44.38 +0.17 (+0.38%)
As of: Sep 10, 2026 · 11:52 AM EDT

Helmerich & Payne (HP) Interest Coverage Ratio (2009 - 2026)

Helmerich & Payne's (HP) quarterly Interest Coverage Ratio came in at 7.7 in Q2 2026, up 275.32% year-over-year from 2.05 in Q2 2025, and up 638.46% quarter-over-quarter from 1.43 in Q1 2026.

Analysis

Helmerich & Payne (HP) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Helmerich & Payne (HP) has reported Interest Coverage Ratio for 18 consecutive years, with 7.7 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio rose 275.32% year-over-year to 7.7 in Q2 2026; TTM through Jun 2026 was 0.87, a 26.05% decrease from a year earlier, with the FY2025 full-year figure at 0.03, down 99.8% from the prior year.
  • Interest Coverage Ratio was 7.7 for Q2 2026 at Helmerich & Payne, up from 1.43 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 41.33 in Q1 2023 and troughed at 5.15 in Q1 2022.
  • A 5-year average of 13.57 and a median of 7.71 in 2022 frame the typical range for Interest Coverage Ratio.
  • Across the five-year window, Interest Coverage Ratio surged 902.26% in 2023 and sank 196.13% in 2026, its largest moves.
  • Over 5 years, Interest Coverage Ratio stood at 33.12 in 2022, then decreased by 14.72% to 28.24 in 2023, then plunged by 85.57% to 4.08 in 2024, then plunged by 157.4% to 2.34 in 2025, then soared by 429.17% to 7.7 in 2026.
  • The last three Interest Coverage Ratio figures came in at 7.7 (Q2 2026), 1.43 (Q1 2026), and 2.34 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Patterson Uti Energy 4.89 Bn 4.69 Bn 597.25 Mn -0.34
2 Helmerich & Payne 4.42 Bn 4.19 Bn 349.94 Mn 7.70
3 Nabors Industries 1.28 Bn 770.31 Mn 309.38 Mn -11.54
4 Precision Drilling 1.19 Bn 1.14 Bn 89.29 Mn -
Historic Data

Historic Data

Download Data
DateValue
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