Helmerich & Payne (HP) Non-Current Debt (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Non-Current Debt of $2.0 billion for Q1 2026, down 10.35% year-over-year from $2.2 billion in Q1 2025, and down 1.18% quarter-over-quarter from $2.0 billion in Q4 2025.
Helmerich & Payne (HP) Non-Current Debt (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Non-Current Debt for 18 consecutive years, with $2.0 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Non-Current Debt fell 10.35% year-over-year to $2.0 billion; the TTM figure through Mar 2026 stood at $2.0 billion (down 10.35% YoY), while the FY2025 annual figure was $2.1 billion, up 15.43% from the prior year.
- Non-Current Debt eased to $2.0 billion in Q1 2026 per HP's latest filing, from $2.0 billion in the prior quarter.
- Across five years, Non-Current Debt topped out at $2.2 billion in Q1 2025 and bottomed at $542.0 million in Q1 2022.
- Historically, Non-Current Debt has averaged $1.1 billion across 5 years, with a median of $545.4 million in 2024.
- Annual changes were most pronounced in 2025 — Non-Current Debt surged 309.51% — and 2026, when it fell 10.35%.
- Helmerich & Payne's Non-Current Debt stood at $542.9 million in 2022, then increased by 0.43% to $545.3 million in 2023, then soared by 226.74% to $1.8 billion in 2024, then gained by 13.73% to $2.0 billion in 2025, then slipped by 1.18% to $2.0 billion in 2026.
- Business Quant data shows HP's Non-Current Debt at $2.0 billion in Q1 2026, $2.0 billion in Q4 2025, and $2.1 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn | 1.89 Bn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn | 4.72 Bn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn | 1.23 Bn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 1.86 Bn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 737.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - | 2.49 Bn |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn | 2.12 Bn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn | 452.79 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 1.09 Bn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - | 732.09 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.86 Bn |
| Mar 31, 2026 | 2.00 Bn |
| Dec 31, 2025 | 2.03 Bn |
| Sep 30, 2025 | 2.06 Bn |
| Jun 30, 2025 | 2.18 Bn |
| Mar 31, 2025 | 2.23 Bn |
| Dec 31, 2024 | 1.78 Bn |
| Sep 30, 2024 | 1.78 Bn |
| Jun 30, 2024 | 545.59 Mn |
| Mar 31, 2024 | 545.44 Mn |
| Dec 31, 2023 | 545.29 Mn |
| Sep 30, 2023 | 545.14 Mn |
| Jun 30, 2023 | 545.00 Mn |
| Mar 31, 2023 | 542.73 Mn |
| Dec 31, 2022 | 542.93 Mn |
| Sep 30, 2022 | 542.61 Mn |
| Jun 30, 2022 | 542.29 Mn |
| Mar 31, 2022 | 541.97 Mn |
| Dec 31, 2021 | 542.24 Mn |
| Sep 30, 2021 | 542.00 Mn |