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% on a QoQ basis from 2.52% in Q4 2025.
Helmerich & Payne (HP) has 18 years of Return on Capital Employed data on file, last reported at 4.09% in Q1 2026.
- Quarterly Return on Capital Employed fell 1037.0% year-over-year to 4.09% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.09% (down 1037.0% YoY) and the FY2025 annual result came in at 0.06%, down 981.0% from the prior year.
- Return on Capital Employed retreated 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.
- The 5-year median for Return on Capital Employed is 6.28% (2025), against an average of 5.49%.
- The widest annual swing landed in 2023, when Return on Capital Employed surged 1718 bps; it then plunged 1040 bps in 2025.
- Tracing HP's Return on Capital Employed over 5 years: stood at 5.93% in 2022, then soared by 135 bps to 13.92% in 2023, then tumbled by 43 bps to 7.89% in 2024, then slumped by 132 bps to 2.52% in 2025, then slumped by 63 bps to 4.09% in 2026.
- Per Business Quant, the three latest HP Return on Capital Employed figures stand at 4.09% (Q1 2026), 2.52% (Q4 2025), and 0.06% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 19.54% |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 6.68% |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 0.02% |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -1.52% |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -4.09% |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 1.49% |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -71.06% |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | -37.93% |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 9.99% |
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% |
| Mar 31, 2021 | -8.79% |
| Dec 31, 2020 | -16.37% |
| Sep 30, 2020 | -13.26% |
| Jun 30, 2020 | -10.48% |
| Mar 31, 2020 | -12.00% |
| Dec 31, 2019 | -0.04% |
| Sep 30, 2019 | 0.38% |
| Jun 30, 2019 | 0.10% |
| Mar 31, 2019 | 3.12% |
| Dec 31, 2018 | 1.44% |
| Sep 30, 2018 | 0.56% |
| Jun 30, 2018 | -0.36% |
| Mar 31, 2018 | -0.93% |
| Dec 31, 2017 | -4.22% |
| Sep 30, 2017 | -5.90% |
| Jun 30, 2017 | -3.81% |
| Dec 31, 2016 | -1.76% |
| Sep 30, 2016 | -0.39% |
| Jun 30, 2016 | 0.63% |
| Mar 31, 2016 | 2.84% |
| Dec 31, 2015 | 5.65% |
| Mar 31, 2015 | 16.42% |
| Dec 31, 2014 | 17.76% |
| Sep 30, 2014 | 17.01% |
| Jun 30, 2014 | 16.99% |
| Mar 31, 2014 | 16.68% |
| Dec 31, 2013 | 16.73% |
| Sep 30, 2013 | 16.55% |
| Jun 30, 2013 | 16.80% |
| Mar 31, 2013 | 16.68% |
| Dec 31, 2012 | 17.03% |
| Sep 30, 2012 | 17.36% |
| Jun 30, 2012 | 17.04% |
| Mar 31, 2012 | 16.22% |
| Dec 31, 2011 | 16.21% |
| Sep 30, 2011 | 15.47% |
| Jun 30, 2011 | 14.10% |
| Mar 31, 2011 | 13.24% |
| Dec 31, 2010 | 12.45% |
| Sep 30, 2010 | 11.48% |
| Jun 30, 2010 | 10.41% |
| Mar 31, 2010 | 10.00% |
| Dec 31, 2009 | 12.52% |
| Sep 30, 2009 | 15.77% |