Helmerich & Payne (HP) Return on Capital Employed (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Return on Capital Employed of 4.09% for Q1 2026, down 1037.0% year-over-year from 0.44% in Q1 2025, and down 62.68% quarter-over-quarter from 2.52% in Q4 2025.
Helmerich & Payne (HP) Return on Capital Employed (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Return on Capital Employed for 18 consecutive years, with 4.09% the latest figure, recorded in Q1 2026.
- In Q1 2026, Return on Capital Employed fell 1037.0% year-over-year to 4.09%; the TTM figure through Mar 2026 stood at 4.09% (down 1037.0% YoY), while the FY2025 annual figure was 0.06%, down 981.0% from the prior year.
- Return on Capital Employed eased to 4.09% in Q1 2026 per HP's latest filing, from 2.52% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 14.42% in Q3 2023 and bottomed at 6.01% in Q1 2022.
- Historically, Return on Capital Employed has averaged 5.49% across 5 years, with a median of 6.28% in 2025.
- Annual changes were most pronounced in 2023 — Return on Capital Employed jumped 1718 bps — and 2025, when it slumped 1040 bps.
- Helmerich & Payne's Return on Capital Employed stood at 5.93% in 2022, then soared by 135 bps to 13.92% in 2023, then slumped by 43 bps to 7.89% in 2024, then sank by 132 bps to 2.52% in 2025, then sank by 63 bps to 4.09% in 2026.
- Business Quant data shows HP's Return on Capital Employed at 4.09% in Q1 2026, 2.52% in Q4 2025, and 0.06% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.40 Bn | 6.95 Bn | 273.38 Mn | 5.17% |
| 2 | Transocean | 6.65 Bn | 5.85 Bn | 358.00 Mn | -7.15% |
| 3 | Patterson Uti Energy | 4.61 Bn | 4.40 Bn | 597.25 Mn | -1.08% |
| 4 | Helmerich & Payne | 4.34 Bn | 4.10 Bn | 349.94 Mn | 1.63% |
| 5 | Seadrill | 2.93 Bn | 2.57 Bn | 234.00 Mn | 3.23% |
| 6 | Borr Drilling | 1.37 Bn | 1.15 Bn | - | -4.09% |
| 7 | Nabors Industries | 1.29 Bn | 781.59 Mn | 309.38 Mn | -39.76% |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 19.19% |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 5.20% |
| 10 | Sable Offshore | 806.49 Mn | 784.89 Mn | - | -31.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.63% |
| Mar 31, 2026 | -4.09% |
| Dec 31, 2025 | -2.52% |
| Sep 30, 2025 | 0.06% |
| Jun 30, 2025 | 1.80% |
| Mar 31, 2025 | 6.28% |
| Dec 31, 2024 | 7.89% |
| Sep 30, 2024 | 9.72% |
| Jun 30, 2024 | 11.21% |
| Mar 31, 2024 | 12.14% |
| Dec 31, 2023 | 13.92% |
| Sep 30, 2023 | 14.42% |
| Jun 30, 2023 | 13.90% |
| Mar 31, 2023 | 10.82% |
| Dec 31, 2022 | 5.93% |
| Sep 30, 2022 | 1.15% |
| Jun 30, 2022 | -3.27% |
| Mar 31, 2022 | -6.01% |
| Dec 31, 2021 | -8.76% |
| Sep 30, 2021 | -10.99% |