Helmerich & Payne, Inc. (HP) Debt to Equity Ratio: 0.85
Is Helmerich & Payne, Inc.’s debt to equity ratio high or low?
Helmerich & Payne, Inc.'s debt to equity ratio of 0.85 is 108% above its 5-year average of 0.41, near the high end of its 5-year range (0.16–0.85).
As of Thursday, June 11, 2026. 14.09% above its 12-month average of 0.74.
HP Debt to Equity Ratio Chart
HP Average Debt to Equity Ratio Chart
HP Current vs Average Debt to Equity Ratio Chart
HP Debt to Equity Ratio Metrics
DEBT TO EQUITY RATIO
0.85
DEBT TO EQUITY RATIO AVG TTM
0.74
DEBT TO EQUITY RATIO AVG 3Y
0.48
DEBT TO EQUITY RATIO AVG 5Y
0.41
DEBT TO EQUITY RATIO AVG 10Y
0.27
DEBT TO EQUITY RATIO AVG 15Y
0.21
DEBT TO EQUITY RATIO AVG 20Y
0.20
CURRENT VS TTM AVG
+14.09%
CURRENT VS 3Y AVG
+77.08%
CURRENT VS 5Y AVG
+108.16%
CURRENT VS 10Y AVG
+210.63%
CURRENT VS 15Y AVG
+313.37%
CURRENT VS 20Y AVG
+319.01%
HP Competitors' Debt to Equity Ratio
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Helmerich & Payne, Inc. (HP) | $3.96B | 0.85 | 0.74 | 0.48 | 0.41 |
| enCore Energy Corp. (EU) | $257.36M | 0.49 | 0.28 | 0.16 | 0.11 |
| Antero Midstream Corporation (AM) | $10.21B | 1.63 | 1.55 | 1.53 | 1.46 |
| ONEOK, Inc. (OKE) | $56.20B | 1.46 | 1.68 | 1.70 | 1.91 |
| Occidental Petroleum Corporation (OXY) | $57.17B | 0.66 | 0.73 | 0.71 | 1.05 |
| Phillips 66 (PSX) | $72.85B | 0.79 | 0.76 | 0.68 | 0.72 |
| EOG Resources, Inc. (EOG) | $74.54B | 0.28 | 0.23 | 0.21 | 0.24 |
| Valero Energy Corporation (VLO) | $77.24B | 0.49 | 0.48 | 0.49 | 0.61 |
| Marathon Petroleum Corporation (MPC) | $77.82B | 1.98 | 1.80 | 1.44 | 1.38 |
| SLB N.V. (SLB) | $83.19B | 0.47 | 0.52 | 0.58 | 0.78 |
Financial Health
Debt/Equity
0.85
Current Ratio
1.80
Helmerich & Payne, Inc. Debt to Equity Ratio Formula & Definition
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Helmerich & Payne, Inc. Debt to Equity Ratio FAQ
- What is the debt to equity ratio for Helmerich & Payne, Inc. (HP)?
- The debt to equity ratio for HP stock is 0.85.
- Is Helmerich & Payne, Inc.'s debt to equity ratio high or low?
- Helmerich & Payne, Inc.'s debt to equity ratio of 0.85 is 108% above its 5-year average of 0.41, near the high end of its 5-year range (0.16–0.85).
- What is the TTM average debt to equity ratio for Helmerich & Payne, Inc. (HP)?
- The TTM average debt to equity ratio for HP stock is 0.74.
- What is the 3Y average debt to equity ratio for Helmerich & Payne, Inc. (HP)?
- The 3Y average debt to equity ratio for HP stock is 0.48.
- What is the 5Y average debt to equity ratio for Helmerich & Payne, Inc. (HP)?
- The 5Y average debt to equity ratio for HP stock is 0.41.
- What is the 10Y average debt to equity ratio for Helmerich & Payne, Inc. (HP)?
- The 10Y average debt to equity ratio for HP stock is 0.27.
- What is the 15Y average debt to equity ratio for Helmerich & Payne, Inc. (HP)?
- The 15Y average debt to equity ratio for HP stock is 0.21.
- What is the 20Y average debt to equity ratio for Helmerich & Payne, Inc. (HP)?
- The 20Y average debt to equity ratio for HP stock is 0.20.
Helmerich & Payne, Inc. Debt to Equity Ratio History
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2025-09-30 | 0.85 |
| 2024-09-30 | 0.64 |
| 2023-09-30 | 0.22 |
| 2022-09-30 | 0.21 |
| 2021-09-30 | 0.37 |
| 2020-09-30 | 0.16 |
| 2019-09-30 | 0.12 |
| 2018-09-30 | 0.11 |
| 2017-09-30 | 0.12 |
| 2016-09-30 | 0.11 |
| 2015-09-30 | 0.10 |
| 2014-09-30 | 0.01 |
| 2013-09-30 | 0.02 |
| 2012-09-30 | 0.05 |
| 2011-09-30 | 0.07 |
| 2010-09-30 | 0.13 |
| 2009-09-30 | 0.16 |
| 2008-09-30 | 0.22 |
| 2007-09-30 | 0.25 |
| 2006-09-30 | 0.15 |
| 2005-09-30 | 0.19 |
| 2004-09-30 | 0.22 |
| 2003-09-30 | 0.25 |
| 2002-09-30 | 0.11 |
| 2001-09-30 | 0.05 |
| 2000-09-30 | 0.05 |
| 1999-09-30 | 0.06 |
| 1998-09-30 | 0.12 |
| 1997-09-30 | 0.01 |
| 1996-09-30 | 0.01 |
Related Metrics
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.
- Sector
- Energy
- Industry
- Oil & Gas Drilling
- CEO
- Raymond John Adams