Helmerich & Payne, Inc. (HP)

Solvency & Capital Structure

Total Debt

$2B

Net Debt

$1.78B

Helmerich & Payne, Inc. currently has $2B in total debt. Net debt is $1.78B after cash offsets.

Financial Fundamentals

HP • Quarterly Data • 5Y View

Date	Total Debt ($B)	Cash & Inv. ($B)	Net Debt ($B)	Total Assets	Debt/Assets
2026-03-31	2.00	0.22	1.78	6.34	31.6%
2025-12-31	2.03	0.27	1.76	6.46	31.5%
2025-09-30	2.32	0.25	2.07	6.71	34.6%
2025-06-30	2.19	0.19	2.00	6.86	31.9%
2025-03-31	2.24	0.20	2.04	7.24	30.9%
2024-12-31	1.78	0.53	1.26	5.82	30.6%
2024-09-30	1.86	0.51	1.35	5.78	32.2%
2024-06-30	0.55	0.29	0.26	4.48	12.2%
2024-03-31	0.55	0.28	0.27	4.42	12.3%
2023-12-31	0.55	0.30	0.25	4.42	12.3%
2023-09-30	0.60	0.35	0.25	4.38	13.7%
2023-06-30	0.54	0.29	0.25	4.34	12.6%
2023-03-31	0.54	0.24	0.30	4.37	12.4%
2022-12-31	0.54	0.35	0.20	4.41	12.3%
2022-09-30	0.58	0.39	0.20	4.41	13.2%
2022-06-30	0.54	0.33	0.21	4.32	12.5%
2022-03-31	0.54	0.35	0.19	4.33	12.5%
2021-12-31	0.54	0.44	0.10	4.39	12.3%
2021-09-30	1.08	1.13	-0.06Net Cash	5.10	21.1%
2021-06-30	0.50	0.56	-0.06Net Cash	4.50	11.1%
2021-03-31	0.50	0.56	-0.06Net Cash	4.59	10.8%
2020-12-31	0.48	0.52	-0.04Net Cash	4.73	10.2%
2020-09-30	0.53	0.58	-0.05Net Cash	4.83	10.9%
2020-06-30	0.53	0.49	0.04	4.96	10.6%
2020-03-31	0.53	0.42	0.11	5.18	10.2%
2019-12-31	0.53	0.45	0.08	5.84	9.1%
2019-09-30	0.48	0.40	0.08	5.84	8.2%
2019-06-30	0.49	0.38	0.11	5.90	8.3%
2019-03-31	0.49	0.27	0.22	6.14	8.0%
2018-12-31	0.49	0.27	0.22	6.14	8.0%
2018-09-30	0.49	0.33	0.17	6.21	7.9%
2018-06-30	0.49	0.35	0.14	6.27	7.9%
2018-03-31	0.49	0.38	0.11	6.26	7.9%
2017-12-31	0.49	0.43	0.07	6.36	7.8%
2017-09-30	0.49	0.57	-0.07Net Cash	6.44	7.7%
2017-06-30	0.49	0.61	-0.12Net Cash	6.51	7.6%
2017-03-31	0.49	0.79	-0.30Net Cash	6.54	7.5%
2016-12-31	0.49	0.87	-0.38Net Cash	6.68	7.4%
2016-09-30	0.49	0.95	-0.46Net Cash	6.83	7.2%
2016-06-30	0.49	0.96	-0.46Net Cash	6.98	7.1%
2016-03-31	0.49	0.94	-0.45Net Cash	7.03	7.0%
2015-12-31	0.49	0.90	-0.40Net Cash	7.13	6.9%
2015-09-30	0.49	0.76	-0.27Net Cash	7.15	6.9%
2015-06-30	0.53	0.77	-0.24Net Cash	7.34	7.3%
2015-03-31	0.53	0.72	-0.19Net Cash	7.34	7.3%
2014-12-31	0.04	0.25	-0.21Net Cash	6.80	0.6%
2014-09-30	0.04	0.36	-0.32Net Cash	6.72	0.6%
2014-06-30	0.08	0.55	-0.47Net Cash	6.69	1.2%
2014-03-31	0.08	0.58	-0.50Net Cash	6.49	1.2%
2013-12-31	0.08	0.58	-0.50Net Cash	6.41	1.2%
2013-09-30	0.08	0.45	-0.37Net Cash	6.26	1.3%
2013-06-30	0.20	0.48	-0.29Net Cash	6.20	3.1%
2013-03-31	0.20	0.17	0.02	6.01	3.2%
2012-12-31	0.20	0.24	-0.05Net Cash	5.93	3.3%
2012-09-30	0.20	0.10	0.10	5.72	3.4%
2012-06-30	0.23	0.15	0.09	5.52	4.3%
2012-03-31	0.23	0.32	-0.09Net Cash	5.44	4.3%
2011-12-31	0.23	0.35	-0.11Net Cash	5.26	4.5%
2011-09-30	0.35	0.36	-0.01Net Cash	5.00	7.0%
2011-06-30	0.35	0.29	0.06	4.91	7.1%
2011-03-31	0.35	0.24	0.11	4.73	7.4%
2010-12-31	0.35	0.17	0.18	4.47	7.8%
2010-09-30	0.36	0.06	0.30	4.27	8.4%
2010-06-30	0.39	0.08	0.31	4.07	9.6%
2010-03-31	0.44	0.13	0.31	4.21	10.5%
2009-12-31	0.38	0.15	0.23	4.24	9.0%
2009-09-30	0.53	0.15	0.37	4.16	12.6%
2009-06-30	0.43	0.14	0.29	4.08	10.5%
2009-03-31	0.56	0.14	0.42	3.98	14.1%
2008-12-31	0.52	0.14	0.38	3.79	13.6%
2008-09-30	0.50	0.12	0.38	3.59	14.0%
2008-06-30	0.46	0.10	0.36	3.38	13.5%
2008-03-31	0.48	0.09	0.39	3.16	15.2%
2007-12-31	0.48	0.10	0.39	3.06	15.9%
2007-09-30	0.45	0.09	0.36	2.89	15.4%
2007-06-30	0.41	0.07	0.33	2.69	15.1%
2007-03-31	0.35	0.09	0.27	2.48	14.3%
2006-12-31	0.24	0.07	0.17	2.27	10.7%
2006-09-30	0.20	0.08	0.12	2.13	9.5%
2006-06-30	0.20	0.22	-0.01Net Cash	1.98	10.2%
2006-03-31	0.20	0.28	-0.08Net Cash	1.88	10.6%
2005-12-31	0.20	0.30	-0.10Net Cash	1.76	11.4%
2005-09-30	0.20	0.29	-0.09Net Cash	1.66	12.0%
2005-06-30	0.20	0.24	-0.04Net Cash	1.57	12.8%
2005-03-31	0.20	0.21	-0.01Net Cash	1.51	13.2%
2004-12-31	0.20	0.18	0.02	1.47	13.6%
2004-09-30	0.20	0.07	0.13	1.41	14.2%
2004-06-30	0.20	0.02	0.18	1.45	14.0%
2004-03-31	0.23	0.03	0.19	1.45	15.5%
2003-12-31	0.23	0.04	0.19	1.44	16.0%
2003-09-30	0.23	0.04	0.19	1.42	16.2%
2003-06-30	0.21	0.03	0.18	1.40	15.0%
2003-03-31	0.20	0.04	0.16	1.34	14.9%
2002-12-31	0.20	0.10	0.10	1.35	14.8%
2002-09-30	0.10	0.05	0.05	1.23	8.1%
2002-06-30	0.05	0.05	0.00	1.38	3.6%
2002-03-31	0.05	0.04	0.01	1.39	3.6%
2001-12-31	0.05	0.08	-0.03Net Cash	1.37	3.6%
2001-09-30	0.05	0.12	-0.07Net Cash	1.36	3.7%
2001-06-30	0.05	0.17	-0.12Net Cash	1.36	3.7%
2001-03-31	0.05	0.15	-0.10Net Cash	1.30	3.8%
2000-12-31	0.05	0.13	-0.08Net Cash	1.30	3.8%
2000-09-30	0.05	0.11	-0.06Net Cash	1.26	4.0%
2000-06-30	0.05	0.09	-0.04Net Cash	1.20	4.2%
2000-03-31	0.05	0.07	-0.02Net Cash	1.19	4.2%
1999-12-31	0.05	0.04	0.01	1.14	4.4%
1999-09-30	0.06	0.02	0.03	1.11	5.0%
1999-06-30	0.09	0.03	0.06	1.12	7.7%
1999-03-31	0.11	0.02	0.09	1.12	9.8%
1998-12-31	0.12	0.03	0.10	1.12	11.0%
1998-09-30	0.09	0.02	0.07	1.09	8.7%
1998-06-30	0.03	0.03	-0.00Net Cash	1.10	2.6%
1998-03-31	0.03	0.04	-0.01Net Cash	1.10	2.6%
1997-12-31	0.01	0.05	-0.04Net Cash	1.07	1.4%
1997-09-30	0.01	0.03	-0.02Net Cash	1.03	0.5%
1997-06-30	0.00	0.03	-0.03Net Cash	0.94	0.4%
1997-03-31	0.00	0.02	-0.02Net Cash	0.89	0.3%
1996-12-31	0.01	0.03	-0.01Net Cash	0.89	1.7%
1996-09-30	0.01	0.02	-0.01Net Cash	0.82	0.6%
1996-06-30	0.01	0.02	-0.01Net Cash	0.77	0.8%