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Helmerich & PayneFRA:HPC +0.74%71 Debt-to-Equity is 0.79 as of Mar. 2026, which is 394% above its 10-year median of 0.16. GuruFocus rates FRA:HPC with a GF Score™ of 71/100 and a GF Value™ of €39.66 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 798 Oil & Gas companies, Helmerich & Payne ranks worse than 66.29% on this metric.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
The historical rank and industry rank for Helmerich & Payne's Debt-to-Equity or its related term are showing as below:
FRA:HPC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.16 Max: 0.81
Current: 0.79
During the past 13 years, the highest Debt-to-Equity Ratio of Helmerich & Payne was 0.81. The lowest was 0.11. And the median was 0.16.
FRA:HPC's Debt-to-Equity is ranked worse than 66.29% of 798
companies
in the Oil & Gas industry
Industry Median: 0.46
vs FRA:HPC: 0.79
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Helmerich & Payne Debt-to-Equity Related Terms
Helmerich & Payne Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Helmerich & Payne's Debt-to-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:HPC vs PTEN, SDRL, VAL: Debt-to-Equity Comparison
For the Oil & Gas Drilling subindustry, Helmerich & Payne's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Helmerich & Payne Debt-to-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Helmerich & Payne's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Helmerich & Payne's Debt-to-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Helmerich & Payne (FRA:HPC) has a Debt-to-Equity of 0.79 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Helmerich & Payne and its competitors. This is 394% above median its historical median of 0.16. Over the past decade, Helmerich & Payne's Debt-to-Equity has ranged from 0.11 to 0.81. According to the industry distribution chart, Helmerich & Payne ranks #529 out of 798 companies in the Oil & Gas industry, placing it in the top 66.3%.
Is Helmerich & Payne's Debt-to-Equity too high?
Helmerich & Payne's current Debt-to-Equity of 0.79 is 394% above median its 10-year median of 0.16. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.81. The Oil & Gas industry median Debt-to-Equity is 0.46. Helmerich & Payne's value of 0.79 is 71.7% above this industry median. Based on the distribution chart, Helmerich & Payne ranks #529 out of 798 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Helmerich & Payne has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Helmerich & Payne's Debt-to-Equity compare to PTEN and SDRL?
According to the Oil & Gas industry distribution chart, Helmerich & Payne ranks #529 out of 798 companies for Debt-to-Equity. This places Helmerich & Payne in the lower half of its industry. The industry median Debt-to-Equity is 0.46. Helmerich & Payne's value of 0.79 is 71.7% above this benchmark. Historically, Helmerich & Payne's own Debt-to-Equity has ranged from 0.11 to 0.81 over the past decade. While the company's 10-year median is 0.16 vs. the industry median of 0.46, Helmerich & Payne has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Oil & Gas company?
The median Debt-to-Equity among Oil & Gas companies is 0.46, based on 798 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Helmerich & Payne's current Debt-to-Equity of 0.79 is 71.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Helmerich & Payne and its competitors. For the Oil & Gas industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helmerich & Payne's current Debt-to-Equity is 0.79, which is 394% above median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Helmerich & Payne stock overvalued right now?
Based on GuruFocus' analysis, Helmerich & Payne (FRA:HPC) is currently considered Modestly Undervalued. The stock's GF Value™ is €39.66, compared to a current price of €28.71 — trading 27.6% below its estimated fair value. The current Debt-to-Equity is 0.79, which is 394% above median its 10-year median of 0.16 and 71.7% above the Oil & Gas industry median of 0.46. Helmerich & Payne's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Helmerich & Payne (FRA:HPC), the current Debt-to-Equity is 0.79 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Helmerich & Payne (FRA:HPC) Overvalued in 2026?
Based on GuruFocus' analysis, Helmerich & Payne stock appears to be undervalued.
The current stock price of €28.71 is trading 27.6% below its estimated GF Value™ of €39.66.
GuruFocus considers Helmerich & Payne to be Modestly Undervalued.
Key valuation signals for FRA:HPC:
Debt-to-Equity: 0.79 (394% above median its 10-year median of 0.16)
GF Value™: €39.66 vs. price of €28.71 (27.6% below fair value)
Industry Position: 71.7% above the Oil & Gas median (#529 of 798)
No single metric tells the full story. See the FRA:HPC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Helmerich & Payne Inc provides performance-driven drilling solutions and technologies to make hydrocarbon recovery safer and more economical for oil and gas exploration and production companies. Focusing on the drilling segment, its technology services develop and commercialize solutions that improve drilling efficiency, accuracy, and wellbore quality and placement. The company operates through North America Solutions, International Solutions, and Offshore Solutions segments. The North America segment runs a technologically advanced AC drive drilling rig fleet in the U.S., with a presence in shale and unconventional basins, while the Offshore Solutions segment, operating rigs on fixed-leg and floating platforms, generates the majority of revenue.
71GF Score
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