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
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 |