Helmerich & Payne (HP) Tax Rate (2009 - 2026)
Helmerich & Payne's (HP) quarterly Tax Rate came in at 48.1% in Q2 2026, up 6992.0% year-over-year from 0.68% in Q2 2025, and up 340.83% quarter-over-quarter from 19.97% in Q1 2026.
Analysis
Helmerich & Payne (HP) Tax Rate (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Tax Rate for 18 consecutive years, with 48.1% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 6992.0% year-over-year to 48.1% in Q2 2026; TTM through Jun 2026 was 207.04%, a 33454.0% decrease from a year earlier, with the FY2025 full-year figure at 115.82%, down 14427.0% from the prior year.
- Tax Rate was 48.1% for Q2 2026 at Helmerich & Payne, up from 19.97% in the prior quarter.
- Over five years, Tax Rate peaked at 93.37% in Q1 2025 and troughed at 138.32% in Q1 2022.
- A 5-year average of 14.29% and a median of 26.26% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate slumped 16122 bps in 2022 and soared 16208 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 25.01% in 2022, then decreased by 4 bps to 24.03% in 2023, then rose by 18 bps to 28.33% in 2024, then slumped by 147 bps to 13.38% in 2025, then soared by 460 bps to 48.1% in 2026.
- The last three Tax Rate figures came in at 48.1% (Q2 2026), 19.97% (Q1 2026), and 13.38% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.74 Bn | 4.54 Bn | 597.25 Mn | 30.97% |
| 2 | Helmerich & Payne | 4.43 Bn | 4.29 Bn | 349.94 Mn | 48.10% |
| 3 | Nabors Industries | 1.45 Bn | 1.44 Bn | 309.38 Mn | 110.23% |
| 4 | Precision Drilling | 1.16 Bn | 1.12 Bn | 89.29 Mn | 22.14% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.10% |
| Mar 31, 2026 | -19.97% |
| Dec 31, 2025 | -13.38% |
| Sep 30, 2025 | 10.09% |
| Jun 30, 2025 | -21.82% |
| Mar 31, 2025 | 93.37% |
| Dec 31, 2024 | 28.33% |
| Sep 30, 2024 | 35.11% |
| Jun 30, 2024 | 27.54% |
| Mar 31, 2024 | 27.52% |
| Dec 31, 2023 | 24.03% |
| Sep 30, 2023 | 31.12% |
| Jun 30, 2023 | 29.94% |
| Mar 31, 2023 | 23.76% |
| Dec 31, 2022 | 25.01% |
| Sep 30, 2022 | 37.78% |
| Jun 30, 2022 | 9.01% |
| Mar 31, 2022 | -138.32% |
| Dec 31, 2021 | 12.90% |
| Sep 30, 2021 | 27.07% |