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% on a QoQ basis from 9.68% in Q4 2025.
Helmerich & Payne (HP) has 18 years of Net Margin data on file, last reported at 5.99% in Q1 2026.
- Quarterly Net Margin fell 628.0% year-over-year to 5.99% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 9.3% (down 1651.0% YoY) and the FY2025 annual result came in at 4.27%, down 1675.0% from the prior year.
- Net Margin climbed to 5.99% 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.
- The 5-year median for Net Margin is 0.08% (2022), against an average of 1.99%.
- The widest annual swing landed in 2023, when Net Margin surged 1401 bps; it then plunged 2831 bps in 2025.
- Tracing HP's Net Margin over 5 years: stood at 0.1% in 2022, then jumped by 13990 bps to 14.11% in 2023, then sank by 42 bps to 8.12% in 2024, then plunged by 219 bps to 9.68% in 2025, then jumped by 38 bps to 5.99% in 2026.
- Per Business Quant, the three latest HP Net Margin figures stand at 5.99% (Q1 2026), 9.68% (Q4 2025), and 5.52% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 3.30% |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 15.37% |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 6.57% |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -2.19% |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -5.99% |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | -1.96% |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -15,501.65% |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | 1.19% |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 9.02% |
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% |
| Mar 31, 2021 | 0.78% |
| Dec 31, 2020 | 3.04% |
| Sep 30, 2020 | -9.98% |
| Jun 30, 2020 | 2.91% |
| Mar 31, 2020 | -0.01% |
| Dec 31, 2019 | -0.02% |
| Sep 30, 2019 | -0.11% |
| Jun 30, 2019 | 1.05% |
| Mar 31, 2019 | -1.52% |
| Dec 31, 2018 | 1.71% |
| Sep 30, 2018 | -2.79% |
| Jun 30, 2018 | 0.03% |
| Mar 31, 2018 | -1.77% |
| Dec 31, 2017 | -0.10% |
| Sep 30, 2017 | 0.11% |
| Jun 30, 2017 | 0.65% |
| Mar 31, 2017 | -0.02% |
| Dec 31, 2016 | -0.12% |
| Sep 30, 2016 | 1.88% |
| Jun 30, 2016 | 0.00% |
| Mar 31, 2016 | -0.01% |
| Dec 31, 2015 | 0.02% |
| Sep 30, 2015 | -0.01% |
| Jun 30, 2015 | 0.00% |
| Mar 31, 2015 | 0.00% |
| Dec 31, 2014 | 0.00% |
| Sep 30, 2014 | 0.00% |
| Jun 30, 2014 | 0.00% |
| Mar 31, 2014 | 0.00% |
| Dec 31, 2013 | 19.48% |
| Sep 30, 2013 | -0.06% |
| Jun 30, 2013 | 1.81% |
| Mar 31, 2013 | 0.00% |
| Dec 31, 2012 | 0.00% |
| Sep 30, 2012 | 0.91% |
| Jun 30, 2012 | 0.00% |
| Mar 31, 2012 | -0.01% |
| Dec 31, 2011 | 0.00% |
| Sep 30, 2011 | 17.33% |
| Jun 30, 2011 | 17.05% |
| Mar 31, 2011 | 16.34% |
| Dec 31, 2010 | 17.51% |
| Sep 30, 2010 | 14.86% |
| Jun 30, 2010 | -7.60% |
| Mar 31, 2010 | 10.71% |
| Dec 31, 2009 | 15.96% |
| Sep 30, 2009 | -310.80% |
| Jun 30, 2009 | -545.62% |
| Mar 31, 2009 | 3,789.64% |