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

Helmerich & Payne, Inc.(HP)

Oil & Gas Drilling · Tulsa, OK

$43.71+0.00 (+0.00%)

Delayed quote: Sep 8, 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 Quick Ratio (Acid-Test) Metrics

QUICK RATIO (ACID-TEST)

1.55

QUICK RATIO (ACID-TEST) AVG TTM

1.46

QUICK RATIO (ACID-TEST) AVG 3Y

1.80

QUICK RATIO (ACID-TEST) AVG 5Y

1.92

QUICK RATIO (ACID-TEST) AVG 10Y

2.58

QUICK RATIO (ACID-TEST) AVG 15Y

2.65

QUICK RATIO (ACID-TEST) AVG 20Y

2.46

CURRENT VS TTM AVG

+6.68%

CURRENT VS 3Y AVG

-13.79%

CURRENT VS 5Y AVG

-18.81%

CURRENT VS 10Y AVG

-39.76%

CURRENT VS 15Y AVG

-41.33%

CURRENT VS 20Y AVG

-36.84%

SECTOR MEDIAN · ENERGY

1.07

median of 49 covered companies

CURRENT VS SECTOR MEDIAN

+45.31%

vs the sector median at left

NAME	MARKET CAP	QUICK RATIO (ACID-TEST)	TTM	3Y	5Y
Helmerich & Payne, Inc. (HP)	$4.37B	1.55	1.46	1.80	1.92
California Resources Corp (CRC)vs ›	$4.93B	0.66	0.87	1.01	0.90
Oceaneering International, Inc. (OII)vs ›	$5.04B	1.90	1.73	1.73	1.89
Enphase Energy, Inc. (ENPH)vs ›	$5.13B	2.95	2.56	3.15	2.91
Centrus Energy Corp. (LEU)vs ›	$3.52B	4.52	3.55	2.19	1.77
SolarEdge Technologies, Inc. (SEDG)vs ›	$2.22B	1.38	1.41	1.83	2.17
Weatherford International plc (WFRD)vs ›	$6.72B	1.77	1.57	1.53	1.60
Natural Resource Partners L.P. (NRP)vs ›	$1.50B	2.12	1.93	1.59	1.80
Dorchester Minerals, L.P. (DMLP)vs ›	$1.42B	13.85	15.75	16.35	15.30
Array Technologies, Inc. (ARRY)vs ›	$722.98M	1.81	1.86	1.76	1.76

NAME

MARKET CAP

QUICK RATIO (ACID-TEST)

TTM

Helmerich & Payne, Inc. (HP)

$4.37B

1.55

1.46

1.80

1.92

California Resources Corp (CRC)vs ›

$4.93B

0.66

0.87

1.01

0.90

Oceaneering International, Inc. (OII)vs ›

$5.04B

1.90

1.73

1.89

Enphase Energy, Inc. (ENPH)vs ›

$5.13B

2.95

2.56

3.15

2.91

Centrus Energy Corp. (LEU)vs ›

$3.52B

4.52

3.55

2.19

1.77

SolarEdge Technologies, Inc. (SEDG)vs ›

$2.22B

1.38

1.41

1.83

2.17

Weatherford International plc (WFRD)vs ›

$6.72B

1.77

1.57

1.53

1.60

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

$1.50B

2.12

1.93

1.59

1.80

Dorchester Minerals, L.P. (DMLP)vs ›

$1.42B

13.85

15.75

16.35

15.30

Array Technologies, Inc. (ARRY)vs ›

$722.98M

1.81

1.86

1.76

Quick Ratio (Acid-Test) FAQ

What is the quick ratio (acid-test) for Helmerich & Payne, Inc. (HP)?

The quick ratio (acid-test) for HP stock is 1.55.

Is Helmerich & Payne, Inc.'s quick ratio (acid-test) high or low?

The quick ratio (acid-test) of 1.55 is 19% below its 5-year average of 1.92, near the low end of its 5-year range (1.32–3.37).

What is the TTM average quick ratio (acid-test) for Helmerich & Payne, Inc. (HP)?

The TTM average quick ratio (acid-test) for HP stock is 1.46.

What is the 3Y average quick ratio (acid-test) for Helmerich & Payne, Inc. (HP)?

The 3Y average quick ratio (acid-test) for HP stock is 1.80.

What is the 5Y average quick ratio (acid-test) for Helmerich & Payne, Inc. (HP)?

The 5Y average quick ratio (acid-test) for HP stock is 1.92.

What is the 10Y average quick ratio (acid-test) for Helmerich & Payne, Inc. (HP)?

The 10Y average quick ratio (acid-test) for HP stock is 2.58.

What is the 15Y average quick ratio (acid-test) for Helmerich & Payne, Inc. (HP)?

The 15Y average quick ratio (acid-test) for HP stock is 2.65.

What is the 20Y average quick ratio (acid-test) for Helmerich & Payne, Inc. (HP)?

The 20Y average quick ratio (acid-test) for HP stock is 2.46.

DATE	QUICK RATIO (ACID-TEST)
2026-06-30	1.55
2026-03-31	1.32
2025-12-31	1.58
2025-09-30	1.40
2025-06-30	1.43
2025-03-31	1.32
2024-12-31	2.52
2024-09-30	2.40
2024-06-30	1.87
2024-03-31	1.92
2023-12-31	1.89
2023-09-30	2.18
2023-06-30	2.06
2023-03-31	2.19
2022-12-31	2.10
2022-09-30	2.30
2022-06-30	2.14
2022-03-31	2.21
2021-12-31	2.17
2021-09-30	1.73
2021-06-30	3.37
2021-03-31	3.51
2020-12-31	3.74
2020-09-30	3.92
2020-06-30	3.62
2020-03-31	2.67
2019-12-31	2.40
2019-09-30	2.35
2019-06-30	2.47
2019-03-31	2.37
2018-12-31	2.29
2018-09-30	2.54
2018-06-30	2.57
2018-03-31	2.90
2017-12-31	2.89
2017-09-30	3.19
2017-06-30	3.33
2017-03-31	4.09
2016-12-31	4.60
2016-09-30	4.39
2016-06-30	4.31
2016-03-31	3.58
2015-12-31	3.30
2015-09-30	3.73
2015-06-30	3.96
2015-03-31	3.69
2014-12-31	2.46
2014-09-30	2.31
2014-06-30	2.68
2014-03-31	2.94
2013-12-31	2.70
2013-09-30	2.59
2013-06-30	2.76
2013-03-31	2.79
2012-12-31	2.11
2012-09-30	2.14
2012-06-30	2.11
2012-03-31	2.43
2011-12-31	2.20
2011-09-30	2.16
2011-06-30	3.18
2011-03-31	3.51
2010-12-31	3.15
2010-09-30	2.62
2010-06-30	2.40
2010-03-31	2.76
2009-12-31	1.67
2009-09-30	1.58
2009-06-30	1.52
2009-03-31	1.55
2008-12-31	1.87
2008-09-30	2.13
2008-06-30	2.13
2008-03-31	2.42
2007-12-31	2.21
2007-09-30	2.07
2007-06-30	1.71
2007-03-31	1.77
2006-12-31	1.51
2006-09-30	1.52
2006-06-30	3.56
2006-03-31	4.36
2005-12-31	4.52
2005-09-30	5.35
2005-06-30	6.33
2005-03-31	6.68
2004-12-31	5.70
2004-09-30	3.76
2004-06-30	3.22
2004-03-31	2.51
2003-12-31	2.07
2003-09-30	1.97
2003-06-30	1.84
2003-03-31	2.17
2002-12-31	2.83
2002-09-30	2.14

DATE

QUICK RATIO (ACID-TEST)

2026-06-30

1.55

2026-03-31

1.32

2025-12-31

1.58

2025-09-30

1.40

2025-06-30

1.43

2025-03-31

1.32

2024-12-31

2.52

2024-09-30

2.40

2024-06-30

1.87

2024-03-31

1.92

2023-12-31

1.89

2023-09-30

2.18

2023-06-30

2.06

2023-03-31

2.19

2022-12-31

2.10

2022-09-30

2.30

2022-06-30

2.14

2022-03-31

2.21

2021-12-31

2.17

2021-09-30

1.73

2021-06-30

3.37

2021-03-31

3.51

2020-12-31

3.74

2020-09-30

3.92

2020-06-30

3.62

2020-03-31

2.67

2019-12-31

2.40

2019-09-30

2.35

2019-06-30

2.47

2019-03-31

2.37

2018-12-31

2.29

2018-09-30

2.54

2018-06-30

2.57

2018-03-31

2.90

2017-12-31

2.89

2017-09-30

3.19

2017-06-30

3.33

2017-03-31

4.09

2016-12-31

4.60

2016-09-30

4.39

2016-06-30

4.31

2016-03-31

3.58

2015-12-31

3.30

2015-09-30

3.73

2015-06-30

3.96

2015-03-31

3.69

2014-12-31

2.46

2014-09-30

2.31

2014-06-30

2.68

2014-03-31

2.94

2013-12-31

2.70

2013-09-30

2.59

2013-06-30

2.76

2013-03-31

2.79

2012-12-31

2.11

2012-09-30

2.14

2012-06-30

2.11

2012-03-31

2.43

2011-12-31

2.20

2011-09-30

2.16

2011-06-30

3.18

2011-03-31

3.51

2010-12-31

3.15

2010-09-30

2.62

2010-06-30

2.40

2010-03-31

2.76

2009-12-31

1.67

2009-09-30

1.58

2009-06-30

1.52

2009-03-31

1.55

2008-12-31

1.87

2008-09-30

2.13

2008-06-30

2.13

2008-03-31

2.42

2007-12-31

2.21

2007-09-30

2.07

2007-06-30

1.71

2007-03-31

1.77

2006-12-31

1.51

2006-09-30

1.52

2006-06-30

3.56

2006-03-31

4.36

2005-12-31

4.52

2005-09-30

5.35

2005-06-30

6.33

2005-03-31

6.68

2004-12-31

5.70

2004-09-30

3.76

2004-06-30

3.22

2004-03-31

2.51

2003-12-31

2.07

2003-09-30

1.97

2003-06-30

1.84

2003-03-31

2.17

2002-12-31

2.83

2002-09-30

2.14

Quick Ratio (Acid-Test): 1.55

HP Quick Ratio

HP Average Quick Ratio (Acid-Test) Chart

HP Current vs Average Quick Ratio (Acid-Test) Chart

HP Quick Ratio (Acid-Test) Metrics

HP Competitors' Quick Ratio (Acid-Test)

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Quick Ratio (Acid-Test) Formula & Definition

Quick Ratio (Acid-Test) FAQ

HP Quick Ratio (Acid-Test) History

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