Helmerich & Payne (HP) Current Ratio: History & Chart

Helmerich & Payne, Inc.(HP)

Oil & Gas Drilling · Tulsa, OK

$44.21+0.00 (+0.00%)

Delayed quote: Sep 9, 2026, 4:00 PM EDT

About Helmerich & Payne, Inc.

Helmerich & Payne, Inc., along with its affiliated companies, provides specialized drilling services and innovative solutions to businesses involved in the exploration and production of oil and gas. The company's operations are strategically organized into three distinct divisions: North America Solutions, Offshore Gulf of Mexico, and International Solutions. Within the North America Solutions segment, primary drilling activities are conducted across a broad geographical area, encompassing U.S. states such as Colorado, Louisiana, Montana, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Pennsylvania, Texas, Utah, West Virginia, and Wyoming. This division also actively pursues the development, promotion, and commercialization of advanced technologies designed to enhance drilling efficiency, wellbore quality, and accurate placement. The Offshore Gulf of Mexico segment focuses its drilling endeavors in Louisiana and within the federal waters of the U.S. Gulf of Mexico. Internationally, the Solutions segment manages drilling projects in various countries, including Argentina, Bahrain, Colombia, and the United Arab Emirates. As of September 30, 2021, Helmerich & Payne commanded a substantial fleet, featuring 236 land rigs situated in North America, 30 land rigs operating internationally, and 7 offshore platform rigs. Beyond its core drilling operations, the company also maintains an interest in commercial real estate. Its property portfolio in Tulsa, Oklahoma, comprises a shopping center offering approximately 390,000 square feet of leasable space, alongside about 176 acres of undeveloped land. Helmerich & Payne, Inc. was founded in 1920 and continues to maintain its corporate headquarters in Tulsa, Oklahoma.

Tulsa, OK

15,700 employees

www.hpinc.com

Energy / Oil & Gas Drilling

Sector: Energy
Industry: Oil & Gas Drilling
CEO: Raymond John Adams

View full financials

HP Current Ratio Metrics

CURRENT RATIO

1.96

CURRENT RATIO AVG TTM

1.87

CURRENT RATIO AVG 3Y

2.12

CURRENT RATIO AVG 5Y

2.19

CURRENT RATIO AVG 10Y

2.92

CURRENT RATIO AVG 15Y

2.96

CURRENT RATIO AVG 20Y

2.77

CURRENT VS TTM AVG

+5.11%

CURRENT VS 3Y AVG

-7.53%

CURRENT VS 5Y AVG

-10.51%

CURRENT VS 10Y AVG

-32.86%

CURRENT VS 15Y AVG

-33.62%

CURRENT VS 20Y AVG

-29.25%

SECTOR MEDIAN · ENERGY

1.34

median of 50 covered companies

CURRENT VS SECTOR MEDIAN

+46.41%

vs the sector median at left

NAME	MARKET CAP	CURRENT RATIO	TTM	3Y	5Y
Helmerich & Payne, Inc. (HP)	$4.42B	1.96	1.87	2.12	2.19
Oceaneering International, Inc. (OII)vs ›	$4.83B	2.18	1.86	1.95	2.14
Enphase Energy, Inc. (ENPH)vs ›	$4.85B	3.45	2.80	3.44	3.14
California Resources Corp (CRC)vs ›	$5.03B	0.66	0.97	1.10	1.00
Centrus Energy Corp. (LEU)vs ›	$3.44B	5.39	4.17	2.77	2.23
Weatherford International plc (WFRD)vs ›	$6.67B	2.34	2.10	2.01	2.10
SolarEdge Technologies, Inc. (SEDG)vs ›	$2.14B	2.03	2.06	2.77	3.05
Natural Resource Partners L.P. (NRP)vs ›	$1.48B	2.12	1.93	1.59	1.80
Dorchester Minerals, L.P. (DMLP)vs ›	$1.43B	13.85	15.75	16.35	15.30
Vista Energy, S.A.B. de C.V. (VIST)vs ›	$7.78B	0.69	0.93	0.97	0.94

NAME

MARKET CAP

CURRENT RATIO

TTM

Helmerich & Payne, Inc. (HP)

$4.42B

1.96

1.87

2.12

2.19

Oceaneering International, Inc. (OII)vs ›

$4.83B

2.18

1.86

1.95

2.14

Enphase Energy, Inc. (ENPH)vs ›

$4.85B

3.45

2.80

3.44

3.14

California Resources Corp (CRC)vs ›

$5.03B

0.66

0.97

1.10

1.00

Centrus Energy Corp. (LEU)vs ›

$3.44B

5.39

4.17

2.77

2.23

Weatherford International plc (WFRD)vs ›

$6.67B

2.34

2.10

2.01

2.10

SolarEdge Technologies, Inc. (SEDG)vs ›

$2.14B

2.03

2.06

2.77

3.05

Natural Resource Partners L.P. (NRP)vs ›

$1.48B

2.12

1.93

1.59

1.80

Dorchester Minerals, L.P. (DMLP)vs ›

$1.43B

13.85

15.75

16.35

15.30

Vista Energy, S.A.B. de C.V. (VIST)vs ›

$7.78B

0.69

0.93

0.97

0.94

Current Ratio FAQ

What is the current ratio for Helmerich & Payne, Inc. (HP)?

The current ratio for HP stock is 1.96.

Is Helmerich & Payne, Inc.'s current ratio high or low?

The current ratio of 1.96 is 11% below its 5-year average of 2.19, near the low end of its 5-year range (1.68–3.71).

What is the TTM average current ratio for Helmerich & Payne, Inc. (HP)?

The TTM average current ratio for HP stock is 1.87.

What is the 3Y average current ratio for Helmerich & Payne, Inc. (HP)?

The 3Y average current ratio for HP stock is 2.12.

What is the 5Y average current ratio for Helmerich & Payne, Inc. (HP)?

The 5Y average current ratio for HP stock is 2.19.

What is the 10Y average current ratio for Helmerich & Payne, Inc. (HP)?

The 10Y average current ratio for HP stock is 2.92.

What is the 15Y average current ratio for Helmerich & Payne, Inc. (HP)?

The 15Y average current ratio for HP stock is 2.96.

What is the 20Y average current ratio for Helmerich & Payne, Inc. (HP)?

The 20Y average current ratio for HP stock is 2.77.

DATE	CURRENT RATIO
2026-06-30	1.96
2026-03-31	1.71
2025-12-31	2.03
2025-09-30	1.80
2025-06-30	1.84
2025-03-31	1.68
2024-12-31	2.81
2024-09-30	2.67
2024-06-30	2.12
2024-03-31	2.16
2023-12-31	2.11
2023-09-30	2.40
2023-06-30	2.29
2023-03-31	2.43
2022-12-31	2.30
2022-09-30	2.53
2022-06-30	2.36
2022-03-31	2.43
2021-12-31	2.39
2021-09-30	1.83
2021-06-30	3.71
2021-03-31	3.89
2020-12-31	4.17
2020-09-30	4.40
2020-06-30	4.09
2020-03-31	2.97
2019-12-31	2.75
2019-09-30	2.72
2019-06-30	2.86
2019-03-31	2.80
2018-12-31	2.70
2018-09-30	2.96
2018-06-30	2.97
2018-03-31	3.32
2017-12-31	3.28
2017-09-30	3.59
2017-06-30	3.74
2017-03-31	4.52
2016-12-31	5.04
2016-09-30	4.76
2016-06-30	4.71
2016-03-31	3.93
2015-12-31	3.61
2015-09-30	4.10
2015-06-30	4.33
2015-03-31	4.01
2014-12-31	2.70
2014-09-30	2.52
2014-06-30	2.89
2014-03-31	3.17
2013-12-31	2.91
2013-09-30	2.78
2013-06-30	2.96
2013-03-31	3.06
2012-12-31	2.29
2012-09-30	2.35
2012-06-30	2.28
2012-03-31	2.59
2011-12-31	2.34
2011-09-30	2.29
2011-06-30	3.37
2011-03-31	3.72
2010-12-31	3.35
2010-09-30	2.81
2010-06-30	2.60
2010-03-31	3.01
2009-12-31	1.81
2009-09-30	1.73
2009-06-30	1.65
2009-03-31	1.64
2008-12-31	1.99
2008-09-30	2.24
2008-06-30	2.25
2008-03-31	2.58
2007-12-31	2.34
2007-09-30	2.20
2007-06-30	1.83
2007-03-31	1.87
2006-12-31	1.60
2006-09-30	1.62
2006-06-30	3.74
2006-03-31	4.57
2005-12-31	4.71
2005-09-30	5.59
2005-06-30	6.64
2005-03-31	7.05
2004-12-31	6.04
2004-09-30	4.10
2004-06-30	3.60
2004-03-31	2.80
2003-12-31	2.32
2003-09-30	2.23
2003-06-30	2.11
2003-03-31	2.49
2002-12-31	3.12
2002-09-30	2.45

DATE

CURRENT RATIO

2026-06-30

1.96

2026-03-31

1.71

2025-12-31

2.03

2025-09-30

1.80

2025-06-30

1.84

2025-03-31

1.68

2024-12-31

2.81

2024-09-30

2.67

2024-06-30

2.12

2024-03-31

2.16

2023-12-31

2.11

2023-09-30

2.40

2023-06-30

2.29

2023-03-31

2.43

2022-12-31

2.30

2022-09-30

2.53

2022-06-30

2.36

2022-03-31

2.43

2021-12-31

2.39

2021-09-30

1.83

2021-06-30

3.71

2021-03-31

3.89

2020-12-31

4.17

2020-09-30

4.40

2020-06-30

4.09

2020-03-31

2.97

2019-12-31

2.75

2019-09-30

2.72

2019-06-30

2.86

2019-03-31

2.80

2018-12-31

2.70

2018-09-30

2.96

2018-06-30

2.97

2018-03-31

3.32

2017-12-31

3.28

2017-09-30

3.59

2017-06-30

3.74

2017-03-31

4.52

2016-12-31

5.04

2016-09-30

4.76

2016-06-30

4.71

2016-03-31

3.93

2015-12-31

3.61

2015-09-30

4.10

2015-06-30

4.33

2015-03-31

4.01

2014-12-31

2.70

2014-09-30

2.52

2014-06-30

2.89

2014-03-31

3.17

2013-12-31

2.91

2013-09-30

2.78

2013-06-30

2.96

2013-03-31

3.06

2012-12-31

2.29

2012-09-30

2.35

2012-06-30

2.28

2012-03-31

2.59

2011-12-31

2.34

2011-09-30

2.29

2011-06-30

3.37

2011-03-31

3.72

2010-12-31

3.35

2010-09-30

2.81

2010-06-30

2.60

2010-03-31

3.01

2009-12-31

1.81

2009-09-30

1.73

2009-06-30

1.65

2009-03-31

1.64

2008-12-31

1.99

2008-09-30

2.24

2008-06-30

2.25

2008-03-31

2.58

2007-12-31

2.34

2007-09-30

2.20

2007-06-30

1.83

2007-03-31

1.87

2006-12-31

1.60

2006-09-30

1.62

2006-06-30

3.74

2006-03-31

4.57

2005-12-31

4.71

2005-09-30

5.59

2005-06-30

6.64

2005-03-31

7.05

2004-12-31

6.04

2004-09-30

4.10

2004-06-30

3.60

2004-03-31

2.80

2003-12-31

2.32

2003-09-30

2.23

2003-06-30

2.11

2003-03-31

2.49

2002-12-31

3.12

2002-09-30

2.45

Current Ratio: 1.96

HP Current Ratio

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