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% quarter-over-quarter from $103.1 million in Q4 2025.

Helmerich & Payne (HP) Asset Writedowns and Impairment (2009 - 2026) Analysis & Trends

Helmerich & Payne (HP) has 16 years of Asset Writedowns and Impairment data on file, last reported at $26.1 million in Q1 2026.

  • Asset Writedowns and Impairment for Q1 2026 came in at $26.1 million, up 1315.46% year-over-year; the trailing twelve-month figure through Mar 2026 was $321.4 million (up 17328.04% YoY), and the FY2025 annual result was $194.0 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment fell to $26.1 million in Q1 2026 per HP's latest filing, from $103.1 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at $173.3 million in Q2 2025 and troughed at $1.8 million in Q1 2025.
  • A 3-year average of $48.8 million and a median of $18.9 million in 2025 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2022 and 2026: Asset Writedowns and Impairment plunged 91.53% in 2022, then jumped 1315.46% in 2026.
  • A 3-year view of Asset Writedowns and Impairment shows it stood at $12.1 million in 2022, then jumped by 752.16% to $103.1 million in 2025, then plunged by 74.68% to $26.1 million in 2026.
  • Business Quant data shows HP's Asset Writedowns and Impairment at $26.1 million in Q1 2026, $103.1 million in Q4 2025, and $18.9 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn

Historic Data

Download Data
DateValue
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