Helmerich & Payne (HP) Net Margin (2009 - 2026)
Helmerich & Payne (HP) reported Net Margin of 5.99% for Q1 2026, down 628.0% year-over-year from 1.13% in Q1 2025, and up 38.08% quarter-over-quarter from 9.68% in Q4 2025.
Helmerich & Payne (HP) Net Margin (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has 18 years of Net Margin data on file, last reported at 5.99% in Q1 2026.
- Net Margin for Q1 2026 came in at 5.99%, down 628.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 9.3% (down 1651.0% YoY), and the FY2025 annual result was 4.27%, down 1675.0% from the prior year.
- Net Margin advanced to 5.99% in Q1 2026 per HP's latest filing, from 9.68% in the prior quarter.
- Over five years, Net Margin peaked at 14.11% in Q4 2023 and troughed at 15.6% in Q2 2025.
- A 5-year average of 1.99% and a median of 0.08% in 2022 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2025: Net Margin jumped 1401 bps in 2023, then slumped 2831 bps in 2025.
- A 5-year view of Net Margin shows it stood at 0.1% in 2022, then soared by 13990 bps to 14.11% in 2023, then tumbled by 42 bps to 8.12% in 2024, then slumped by 219 bps to 9.68% in 2025, then soared by 38 bps to 5.99% in 2026.
- Business Quant data shows HP's Net Margin at 5.99% in Q1 2026, 9.68% in Q4 2025, and 5.52% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 3.30% |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 15.37% |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 6.57% |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -2.19% |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -5.99% |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | -1.96% |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -15,501.65% |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 1.19% |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -11.74% |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | -1.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -5.99% |
| Dec 31, 2025 | -9.68% |
| Sep 30, 2025 | -5.52% |
| Jun 30, 2025 | -15.60% |
| Mar 31, 2025 | 0.29% |
| Dec 31, 2024 | 8.12% |
| Sep 30, 2024 | 10.88% |
| Jun 30, 2024 | 12.71% |
| Mar 31, 2024 | 12.33% |
| Dec 31, 2023 | 14.11% |
| Sep 30, 2023 | 11.94% |
| Jun 30, 2023 | 0.00% |
| Mar 31, 2023 | 0.02% |
| Dec 31, 2022 | 0.10% |
| Sep 30, 2022 | 0.08% |
| Jun 30, 2022 | 0.05% |
| Mar 31, 2022 | -0.08% |
| Dec 31, 2021 | -0.01% |
| Sep 30, 2021 | 0.11% |
| Jun 30, 2021 | 0.35% |