Helmerich & Payne (HP) Tax Rate (2009 - 2026)
Helmerich & Payne (HP) recorded Tax Rate of 48.10% in fiscal Q3 2026 (quarter ended Jun 30, 2026), up 69.92 percentage points from -21.82% a year earlier and up 68.07 percentage points from the prior quarter.
Helmerich & Payne (HP) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Helmerich & Payne's Tax Rate came in at -207.04% as of Jun 30, 2026, down 334.54 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at -115.82%, down 144.27 percentage points from FY2024.
- Annual Tax Rate has a five-year change of -137.83 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Tax Rate came in at 28.45% in FY2024 (+1.61 pp), 26.84% in FY2023 (-50.96 pp), 77.80% in FY2022 (+53.67 pp) and 24.13% in FY2021 (+2.12 pp).
- The fiscal Q3 2026 figure is the highest quarterly Tax Rate since fiscal Q2 2025.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of -10.67 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 162.08 percentage points in fiscal Q2 2023, against a drop of 161.22 percentage points in fiscal Q2 2022 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at -19.97% (Q2 2026), -13.38% (Q1 2026) and 10.09% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.52 Bn | 70.45 Bn | 1.40 Bn | 20.02% |
| 2 | Baker Hughes | 55.17 Bn | 18.27 Bn | 1.58 Bn | 23.54% |
| 3 | Halliburton | 28.16 Bn | 19.87 Bn | 804.00 Mn | 18.98% |
| 4 | TechnipFMC | 27.25 Bn | 23.39 Bn | 684.70 Mn | 23.96% |
| 5 | Noble | 6.82 Bn | 4.75 Bn | 239.27 Mn | - |
| 6 | Nov | 6.80 Bn | 1.54 Bn | 521.00 Mn | 26.11% |
| 7 | Transocean | 6.52 Bn | 4.23 Bn | 358.00 Mn | 7.61% |
| 8 | Valaris | 6.12 Bn | 3.74 Bn | 123.70 Mn | 41.69% |
| 9 | Weatherford International | 5.69 Bn | 1.62 Bn | 333.00 Mn | 44.00% |
| 10 | Helmerich & Payne | 3.82 Bn | 2.90 Bn | 349.94 Mn | 48.10% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.10% |
| 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% |
| Dec 31, 2019 | 31.51% |
| Mar 31, 2019 | 25.89% |
| Dec 31, 2018 | 14.41% |
| Sep 30, 2018 | 88.57% |
| Jun 30, 2018 | 446.21% |
| Mar 31, 2016 | 32.60% |
| Dec 31, 2015 | 54.08% |
Helmerich & Payne Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=HP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "HP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=HP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();