Helmerich & Payne HP
NYSE HP
$44.21 +0.50 (+1.14%)
As of: Sep 9, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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%