Helmerich & Payne (HP) Net Margin (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Net Margin of 6.16% for Q1 2026, down 646.0% year-over-year from 1.13% in Q1 2025, and up 36.31% quarter-over-quarter from 9.68% in Q4 2025.
Helmerich & Payne (HP) Net Margin (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Net Margin for 18 consecutive years, with 6.16% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 646.0% year-over-year to 6.16%; the TTM figure through Mar 2026 stood at 9.36% (down 1659.0% YoY), while the FY2025 annual figure was 4.27%, down 1680.0% from the prior year.
- Net Margin advanced to 6.16% in Q1 2026 per HP's latest filing, from 9.68% in the prior quarter.
- Across five years, Net Margin topped out at 14.11% in Q4 2023 and bottomed at 15.6% in Q2 2025.
- Historically, Net Margin has averaged 1.98% across 5 years, with a median of 0.08% in 2022.
- Annual changes were most pronounced in 2023 — Net Margin jumped 1401 bps — and 2025, when it slumped 2831 bps.
- Helmerich & Payne's Net Margin stood at 0.1% in 2022, then surged by 14038 bps to 14.11% in 2023, then plunged by 42 bps to 8.13% in 2024, then tumbled by 219 bps to 9.68% in 2025, then surged by 36 bps to 6.16% in 2026.
- Business Quant data shows HP's Net Margin at 6.16% in Q1 2026, 9.68% in Q4 2025, and 5.52% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | -5.10% |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 17.60% |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | -1.57% |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 7.55% |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 6.46% |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | -103.92% |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | -0.19% |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | -0.26% |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 8.72% |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | -46.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 7.55% |
| Mar 31, 2026 | -6.16% |
| Dec 31, 2025 | -9.68% |
| Sep 30, 2025 | -5.52% |
| Jun 30, 2025 | -15.60% |
| Mar 31, 2025 | 0.29% |
| Dec 31, 2024 | 8.13% |
| Sep 30, 2024 | 11.05% |
| Jun 30, 2024 | 12.71% |
| Mar 31, 2024 | 12.33% |
| Dec 31, 2023 | 14.11% |
| Sep 30, 2023 | 11.77% |
| 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% |