Helmerich & Payne (HP) Interest Expenses (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Interest Expenses of $35.1 billion for Q1 2026, up 85243.93% year-over-year from N/an in Q1 2025, and up 96333.67% quarter-over-quarter from $36.4 million in Q4 2025.
Helmerich & Payne (HP) Interest Expenses (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Interest Expenses for 18 consecutive years, with $35.1 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expenses rose 85243.93% year-over-year to $35.1 billion; the TTM figure through Mar 2026 stood at $35.1 billion (up 85243.93% YoY), while the FY2025 annual figure was $107.8 million, up 225.45% from the prior year.
- Interest Expenses climbed to $35.1 billion in Q1 2026 per HP's latest filing, from $36.4 million in the prior quarter.
- Across five years, Interest Expenses topped out at $35.1 billion in Q1 2026 and bottomed at $6.4 million in Q1 2022.
- Historically, Interest Expenses has averaged $2.1 billion across 5 years, with a median of $9.9 million in 2022.
- Annual changes were most pronounced in 2022 — Interest Expenses fell 6.4% — and 2026, when it surged 85243.93%.
- Helmerich & Payne's Interest Expenses stood at $6.4 million in 2022, then changed by 0.0% to $6.4 million in 2023, then surged by 248.41% to $22.3 million in 2024, then jumped by 63.35% to $36.4 million in 2025, then jumped by 96333.67% to $35.1 billion in 2026.
- Business Quant data shows HP's Interest Expenses at $35.1 billion in Q1 2026, $36.4 million in Q4 2025, and $28.0 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.45 Bn | 6.99 Bn | 273.38 Mn | 36.20 Mn |
| 2 | Transocean | 6.66 Bn | 5.87 Bn | 358.00 Mn | -20.00 Mn |
| 3 | Patterson Uti Energy | 4.67 Bn | 4.46 Bn | 597.25 Mn | 20.40 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 24.44 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 16.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 236.40 Mn |
| 7 | Nabors Industries | 1.31 Bn | 801.86 Mn | 309.38 Mn | 42.68 Mn |
| 8 | Precision Drilling | 1.19 Bn | 1.14 Bn | 89.29 Mn | 8.89 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 780.40 Mn | 758.80 Mn | - | 43.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 35.13 Bn |
| Jun 30, 2026 | 35.13 Bn |
| Mar 31, 2026 | 35.13 Bn |
| Mar 31, 2026 | 35.13 Bn |
| Dec 31, 2025 | 36.42 Mn |
| Dec 31, 2025 | 36.42 Mn |
| Sep 30, 2025 | 27.97 Mn |
| Sep 30, 2025 | 27.97 Mn |
| Jun 30, 2025 | 155.77 Mn |
| Jun 30, 2025 | 155.77 Mn |
| Mar 31, 2025 | 41.16 Mn |
| Mar 31, 2025 | 41.16 Mn |
| Dec 31, 2024 | 22.30 Mn |
| Dec 31, 2024 | 22.30 Mn |
| Sep 30, 2024 | 20.94 Mn |
| Sep 30, 2024 | 20.94 Mn |
| Jun 30, 2024 | 6.40 Mn |
| Jun 30, 2024 | 6.40 Mn |
| Mar 31, 2024 | 6.40 Mn |
| Mar 31, 2024 | 6.40 Mn |