Helmerich & Payne (HP) Interest Expenses (2009 - 2026)
Helmerich & Payne (HP) reported Interest Expenses of $25.8 million for Q1 2026, down 8.91% year-over-year from $28.3 million in Q1 2025, and up 0.81% on a QoQ basis from $25.6 million in Q4 2025.
Helmerich & Payne (HP) has 18 years of Interest Expenses data on file, last reported at $25.8 million in Q1 2026.
- Quarterly Interest Expenses fell 8.91% year-over-year to $25.8 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $108.6 million (up 52.74% YoY) and the FY2025 annual result came in at $107.8 million, up 270.56% from the prior year.
- Interest Expenses advanced to $25.8 million in Q1 2026 per HP's latest filing, from $25.6 million in the prior quarter.
- Across five years, Interest Expenses topped out at $29.2 million in Q2 2025 and bottomed at $4.2 million in Q1 2023.
- The 5-year median for Interest Expenses is $4.4 million (2022), against an average of $12.9 million.
- The widest annual swing landed in 2022, when Interest Expenses decreased 29.0%; it then soared 573.43% in 2025.
- Tracing HP's Interest Expenses over 5 years: stood at $4.4 million in 2022, then increased by 0.39% to $4.4 million in 2023, then jumped by 410.02% to $22.3 million in 2024, then rose by 14.84% to $25.6 million in 2025, then grew by 0.81% to $25.8 million in 2026.
- Per Business Quant, the three latest HP Interest Expenses figures stand at $25.8 million (Q1 2026), $25.6 million (Q4 2025), and $28.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 9.01 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 40.56 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 276.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 17.49 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 25.81 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 15.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | 34.67 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 43.76 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | -56.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.81 Mn |
| Mar 31, 2026 | 25.81 Mn |
| Dec 31, 2025 | 25.61 Mn |
| Dec 31, 2025 | 25.61 Mn |
| Sep 30, 2025 | 27.97 Mn |
| Sep 30, 2025 | 27.97 Mn |
| Jun 30, 2025 | 29.20 Mn |
| Jun 30, 2025 | 29.20 Mn |
| Mar 31, 2025 | 28.34 Mn |
| Mar 31, 2025 | 28.34 Mn |
| Dec 31, 2024 | 22.30 Mn |
| Dec 31, 2024 | 22.30 Mn |
| Sep 30, 2024 | 16.12 Mn |
| Sep 30, 2024 | 16.12 Mn |
| Jun 30, 2024 | 4.34 Mn |
| Jun 30, 2024 | 4.34 Mn |
| Mar 31, 2024 | 4.26 Mn |
| Mar 31, 2024 | 4.26 Mn |
| Dec 31, 2023 | 4.37 Mn |
| Dec 31, 2023 | 4.37 Mn |
| Sep 30, 2023 | 4.37 Mn |
| Sep 30, 2023 | 4.37 Mn |
| Jun 30, 2023 | 4.32 Mn |
| Jun 30, 2023 | 4.32 Mn |
| Mar 31, 2023 | 4.24 Mn |
| Mar 31, 2023 | 4.24 Mn |
| Dec 31, 2022 | 4.36 Mn |
| Dec 31, 2022 | 4.36 Mn |
| Sep 30, 2022 | 4.33 Mn |
| Sep 30, 2022 | 4.33 Mn |
| Jun 30, 2022 | 4.37 Mn |
| Jun 30, 2022 | 4.37 Mn |
| Mar 31, 2022 | 4.39 Mn |
| Mar 31, 2022 | 4.39 Mn |
| Dec 31, 2021 | 6.11 Mn |
| Dec 31, 2021 | 6.11 Mn |
| Sep 30, 2021 | 6.09 Mn |
| Sep 30, 2021 | 6.09 Mn |
| Jun 30, 2021 | 5.96 Mn |
| Jun 30, 2021 | 5.96 Mn |
| Mar 31, 2021 | 5.76 Mn |
| Mar 31, 2021 | 5.76 Mn |
| Dec 31, 2020 | 6.14 Mn |
| Dec 31, 2020 | 6.14 Mn |
| Sep 30, 2020 | 6.15 Mn |
| Sep 30, 2020 | 6.15 Mn |
| Jun 30, 2020 | 6.13 Mn |
| Jun 30, 2020 | 6.13 Mn |
| Mar 31, 2020 | 6.10 Mn |
| Mar 31, 2020 | 6.10 Mn |
| Dec 31, 2019 | 6.10 Mn |
| Dec 31, 2019 | 6.10 Mn |
| Sep 30, 2019 | 8.04 Mn |
| Sep 30, 2019 | 8.04 Mn |
| Jun 30, 2019 | 6.26 Mn |
| Jun 30, 2019 | 6.26 Mn |
| Mar 31, 2019 | 6.17 Mn |
| Mar 31, 2019 | 6.17 Mn |
| Dec 31, 2018 | 4.72 Mn |
| Dec 31, 2018 | 4.72 Mn |
| Sep 30, 2018 | 6.47 Mn |
| Sep 30, 2018 | 6.47 Mn |
| Jun 30, 2018 | 5.99 Mn |
| Jun 30, 2018 | 5.99 Mn |
| Mar 31, 2018 | 6.03 Mn |
| Mar 31, 2018 | 6.03 Mn |
| Dec 31, 2017 | 5.77 Mn |
| Dec 31, 2017 | 5.77 Mn |
| Sep 30, 2017 | 2.24 Mn |
| Sep 30, 2017 | 2.24 Mn |
| Jun 30, 2017 | 6.36 Mn |
| Jun 30, 2017 | 6.36 Mn |
| Mar 31, 2017 | 6.08 Mn |
| Mar 31, 2017 | 6.08 Mn |
| Dec 31, 2016 | 5.06 Mn |
| Dec 31, 2016 | 5.06 Mn |
| Sep 30, 2016 | 6.26 Mn |
| Sep 30, 2016 | 6.26 Mn |
| Jun 30, 2016 | 6.41 Mn |
| Jun 30, 2016 | 6.41 Mn |
| Mar 31, 2016 | 5.72 Mn |
| Mar 31, 2016 | 5.72 Mn |
| Dec 31, 2015 | 4.52 Mn |
| Dec 31, 2015 | 4.52 Mn |
| Sep 30, 2015 | 5.70 Mn |
| Sep 30, 2015 | 5.70 Mn |
| Jun 30, 2015 | 6.14 Mn |
| Jun 30, 2015 | 6.14 Mn |
| Mar 31, 2015 | 2.60 Mn |
| Mar 31, 2015 | 2.60 Mn |
| Dec 31, 2014 | 590,000.00 |
| Dec 31, 2014 | 590,000.00 |
| Sep 30, 2014 | 303,000.00 |
| Sep 30, 2014 | 303,000.00 |
| Jun 30, 2014 | 1.44 Mn |
| Jun 30, 2014 | 1.44 Mn |
| Mar 31, 2014 | 1.73 Mn |
| Mar 31, 2014 | 1.73 Mn |
| Dec 31, 2013 | 1.19 Mn |
| Dec 31, 2013 | 1.19 Mn |
| Sep 30, 2013 | 1.54 Mn |
| Sep 30, 2013 | 1.54 Mn |
| Jun 30, 2013 | 2.09 Mn |
| Jun 30, 2013 | 2.09 Mn |
| Mar 31, 2013 | 1.19 Mn |
| Mar 31, 2013 | 1.19 Mn |
| Dec 31, 2012 | 1.31 Mn |
| Dec 31, 2012 | 1.31 Mn |
| Sep 30, 2012 | 1.36 Mn |
| Sep 30, 2012 | 1.36 Mn |
| Jun 30, 2012 | 2.41 Mn |
| Jun 30, 2012 | 2.41 Mn |
| Mar 31, 2012 | 2.42 Mn |
| Mar 31, 2012 | 2.42 Mn |
| Dec 31, 2011 | 2.46 Mn |
| Dec 31, 2011 | 2.46 Mn |
| Sep 30, 2011 | 4.17 Mn |
| Sep 30, 2011 | 4.17 Mn |
| Jun 30, 2011 | 3.22 Mn |
| Jun 30, 2011 | 3.22 Mn |
| Mar 31, 2011 | 5.51 Mn |
| Mar 31, 2011 | 5.51 Mn |
| Dec 31, 2010 | 4.45 Mn |
| Dec 31, 2010 | 4.45 Mn |
| Sep 30, 2010 | 4.47 Mn |
| Sep 30, 2010 | 4.47 Mn |
| Jun 30, 2010 | 3.96 Mn |
| Jun 30, 2010 | 3.96 Mn |
| Mar 31, 2010 | 4.04 Mn |
| Mar 31, 2010 | 4.04 Mn |
| Dec 31, 2009 | 4.69 Mn |
| Dec 31, 2009 | 4.69 Mn |
| Sep 30, 2009 | 4.44 Mn |
| Sep 30, 2009 | 4.44 Mn |
| Jun 30, 2009 | 2.89 Mn |
| Jun 30, 2009 | 2.89 Mn |
| Mar 31, 2009 | 2.55 Mn |
| Mar 31, 2009 | 2.55 Mn |