Helmerich & Payne (HP) Return on Capital Employed (2009 - 2026)
Helmerich & Payne (HP) reported 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 18 years of Return on Capital Employed data on file, last reported at 4.09% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 4.09%, down 1037.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.09% (down 1037.0% YoY), and the FY2025 annual result was 0.06%, down 981.0% from the prior year.
- Return on Capital Employed fell to 4.09% in Q1 2026 per HP's latest filing, from 2.52% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 14.42% in Q3 2023 and troughed at 6.01% in Q1 2022.
- A 5-year average of 5.49% and a median of 6.28% in 2025 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2023 and 2025: Return on Capital Employed jumped 1718 bps in 2023, then slumped 1040 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 5.93% in 2022, then surged by 135 bps to 13.92% in 2023, then sank by 43 bps to 7.89% in 2024, then plunged by 132 bps to 2.52% in 2025, then plunged 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 19.54% |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 6.68% |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 0.02% |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -1.52% |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -4.09% |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 1.49% |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -71.06% |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | -37.93% |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 9.32% |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 7.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -9.52% |