Helmerich & Payne (HP) Tax Rate (2009 - 2026)

Helmerich & Payne (HP) reported Tax Rate of 19.97% for Q1 2026, down 11334.0% year-over-year from N/an in Q1 2025, and down 49.28% quarter-over-quarter from 13.38% in Q4 2025.

Helmerich & Payne (HP) Tax Rate (2009 - 2026) Analysis & Trends

Helmerich & Payne (HP) has 18 years of Tax Rate data on file, last reported at 19.97% in Q1 2026.

  • Tax Rate for Q1 2026 came in at 19.97%, down 11334.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 13.29% (down 5159.0% YoY), and the FY2025 annual result was 115.82%, down 14427.0% from the prior year.
  • Tax Rate fell to 19.97% in Q1 2026 per HP's latest filing, from 13.38% 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 12.29% and a median of 25.01% in 2022 frame the typical range for Tax Rate.
  • The sharpest annual moves came in 2022 and 2023: Tax Rate sank 16122 bps in 2022, then soared 16207 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 25.01% in 2022, then slipped by 4 bps to 24.03% in 2023, then gained by 18 bps to 28.33% in 2024, then slumped by 147 bps to 13.38% in 2025, then plunged by 49 bps to 19.97% in 2026.
  • Business Quant data shows HP's Tax Rate at 19.97% in Q1 2026, 13.38% in Q4 2025, and 10.09% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 34.05%
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn 37.67%
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn -317.65%
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn 12.81%
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn -19.97%
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn 143.75%
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 55.93%
9 Borr Drilling 1.40 Bn 1.16 Bn - 62.01%
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn 181.73%

Historic Data

Download Data
DateValue
Mar 31, 2026 -19.97%
Mar 31, 2026 -19.97%
Dec 31, 2025 -13.38%
Dec 31, 2025 -13.38%
Sep 30, 2025 10.09%
Sep 30, 2025 10.09%
Jun 30, 2025 -21.82%
Jun 30, 2025 -21.82%
Mar 31, 2025 93.37%
Mar 31, 2025 93.37%
Dec 31, 2024 28.33%
Dec 31, 2024 28.33%
Sep 30, 2024 35.13%
Sep 30, 2024 35.13%
Jun 30, 2024 27.54%
Jun 30, 2024 27.54%
Mar 31, 2024 27.51%
Mar 31, 2024 27.51%
Dec 31, 2023 24.03%
Dec 31, 2023 24.03%