Helmerich & Payne (HP) Asset Writedowns and Impairment (2009 - 2026)
Helmerich & Payne (HP) reported Asset Writedowns and Impairment of $26.1 million for Q1 2026, up 1315.46% year-over-year from $1.8 million in Q1 2025, and down 74.68% on a QoQ basis from $103.1 million in Q4 2025.
Helmerich & Payne (HP) has 16 years of Asset Writedowns and Impairment data on file, last reported at $26.1 million in Q1 2026.
- Quarterly Asset Writedowns and Impairment rose 1315.46% year-over-year to $26.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $321.4 million (up 17328.04% YoY) and the FY2025 annual result came in at $194.0 million, changed N/A from the prior year.
- Asset Writedowns and Impairment retreated to $26.1 million in Q1 2026 per HP's latest filing, from $103.1 million in the prior quarter.
- Across five years, Asset Writedowns and Impairment topped out at $173.3 million in Q2 2025 and bottomed at $1.8 million in Q1 2025.
- The 3-year median for Asset Writedowns and Impairment is $18.9 million (2025), against an average of $48.8 million.
- The widest annual swing landed in 2022, when Asset Writedowns and Impairment slumped 91.53%; it then surged 1315.46% in 2026.
- Tracing HP's Asset Writedowns and Impairment over 3 years: stood at $12.1 million in 2022, then surged by 752.16% to $103.1 million in 2025, then slumped by 74.68% to $26.1 million in 2026.
- Per Business Quant, the three latest HP Asset Writedowns and Impairment figures stand at $26.1 million (Q1 2026), $103.1 million (Q4 2025), and $18.9 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 26.10 Mn |
| Mar 31, 2026 | 26.10 Mn |
| Dec 31, 2025 | 103.09 Mn |
| Dec 31, 2025 | 103.09 Mn |
| Sep 30, 2025 | 18.93 Mn |
| Sep 30, 2025 | 18.93 Mn |
| Jun 30, 2025 | 173.26 Mn |
| Jun 30, 2025 | 173.26 Mn |
| Mar 31, 2025 | 1.84 Mn |
| Mar 31, 2025 | 1.84 Mn |
| Dec 31, 2022 | 12.10 Mn |
| Dec 31, 2022 | 12.10 Mn |
| Sep 30, 2022 | 6.00 Mn |
| Sep 30, 2022 | 6.00 Mn |
| Dec 31, 2021 | 4.36 Mn |
| Dec 31, 2021 | 4.36 Mn |
| Sep 30, 2021 | 70.84 Mn |
| Sep 30, 2021 | 70.84 Mn |
| Jun 30, 2021 | 2.13 Mn |
| Jun 30, 2021 | 2.13 Mn |
| Mar 31, 2021 | 54.28 Mn |
| Mar 31, 2021 | 54.28 Mn |
| Dec 31, 2020 | -465,000.00 |
| Dec 31, 2020 | -465,000.00 |
| Sep 30, 2020 | 559.08 Mn |
| Sep 30, 2020 | 559.08 Mn |
| Mar 31, 2020 | 563.23 Mn |
| Mar 31, 2020 | 563.23 Mn |
| Dec 31, 2019 | 693,000.00 |
| Dec 31, 2019 | 693,000.00 |
| Sep 30, 2019 | 1.78 Mn |
| Sep 30, 2019 | 1.78 Mn |
| Jun 30, 2019 | 224.33 Mn |
| Jun 30, 2019 | 224.33 Mn |
| Dec 31, 2018 | 873,000.00 |
| Dec 31, 2018 | 873,000.00 |
| Sep 30, 2018 | 22.53 Mn |
| Sep 30, 2018 | 22.53 Mn |
| Mar 31, 2018 | 376,000.00 |
| Mar 31, 2018 | 376,000.00 |
| Dec 31, 2017 | 53,000.00 |
| Dec 31, 2017 | 53,000.00 |
| Sep 30, 2017 | -3.86 Mn |
| Sep 30, 2017 | -3.86 Mn |
| Jun 30, 2017 | 38,000.00 |
| Jun 30, 2017 | 38,000.00 |
| Mar 31, 2017 | 1.47 Mn |
| Mar 31, 2017 | 1.47 Mn |
| Dec 31, 2016 | 2.35 Mn |
| Dec 31, 2016 | 2.35 Mn |
| Jun 30, 2016 | 6.25 Mn |
| Jun 30, 2016 | 6.25 Mn |
| Dec 31, 2015 | 6,000.00 |
| Dec 31, 2015 | 6,000.00 |
| Sep 30, 2014 | -6,000.00 |
| Sep 30, 2014 | -6,000.00 |
| Sep 30, 2013 | 94,000.00 |
| Sep 30, 2013 | 94,000.00 |
| Jun 30, 2013 | -11,000.00 |
| Jun 30, 2013 | -11,000.00 |
| Mar 31, 2013 | 3.79 Mn |
| Mar 31, 2013 | 3.79 Mn |
| Dec 31, 2012 | 2,000.00 |
| Dec 31, 2012 | 2,000.00 |
| Sep 30, 2012 | 203,000.00 |
| Sep 30, 2012 | 203,000.00 |
| Dec 31, 2011 | 2,000.00 |
| Dec 31, 2011 | 2,000.00 |
| Sep 30, 2011 | 103,000.00 |
| Sep 30, 2011 | 103,000.00 |
| Mar 31, 2011 | 2,000.00 |
| Mar 31, 2011 | 2,000.00 |
| Dec 31, 2010 | 1,000.00 |
| Dec 31, 2010 | 1,000.00 |
| Sep 30, 2010 | 202,000.00 |
| Sep 30, 2010 | 202,000.00 |
| Jun 30, 2010 | 1,000.00 |
| Jun 30, 2010 | 1,000.00 |
| Mar 31, 2010 | 1,000.00 |
| Mar 31, 2010 | 1,000.00 |
| Dec 31, 2009 | 2,000.00 |
| Dec 31, 2009 | 2,000.00 |
| Sep 30, 2009 | -1.23 Mn |
| Sep 30, 2009 | -1.23 Mn |
| Jun 30, 2009 | 565,000.00 |
| Jun 30, 2009 | 565,000.00 |
| Mar 31, 2009 | 7,000.00 |
| Mar 31, 2009 | 7,000.00 |