Helmerich & Payne HP
NYSE HP
$43.55 -0.55 (-1.25%)
At close: Aug 21, 2026 · 4:00 PM EDT

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

Helmerich & Payne (HP) posted quarterly 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 reported Asset Writedowns and Impairment for 16 consecutive years, with $26.1 million the latest figure, recorded in Q1 2026.

  • In Q1 2026, Asset Writedowns and Impairment rose 1315.46% year-over-year to $26.1 million; the TTM figure through Mar 2026 stood at $321.4 million (up 17328.04% YoY), while the FY2025 annual figure was $194.0 million, changed N/A from the prior year.
  • Asset Writedowns and Impairment eased 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.
  • Historically, Asset Writedowns and Impairment has averaged $48.8 million across 3 years, with a median of $18.9 million in 2025.
  • Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment slumped 58.44% — and 2026, when it jumped 1315.46%.
  • Helmerich & Payne's Asset Writedowns and Impairment stood at $12.1 million in 2022, then surged by 752.16% to $103.1 million in 2025, then sank 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 Noble 7.43 Bn 6.98 Bn 273.38 Mn
2 Transocean 6.68 Bn 5.88 Bn 358.00 Mn
3 Patterson Uti Energy 4.70 Bn 4.50 Bn 597.25 Mn
4 Helmerich & Payne 4.37 Bn 4.13 Bn 349.94 Mn
5 Seadrill 2.95 Bn 2.59 Bn 234.00 Mn
6 Borr Drilling 1.39 Bn 1.17 Bn -
7 Nabors Industries 1.32 Bn 807.28 Mn 309.38 Mn
8 Precision Drilling 1.18 Bn 1.14 Bn 89.29 Mn
9 Valaris 827.45 Mn 286.25 Mn 123.70 Mn
10 Sable Offshore 774.26 Mn 752.66 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2026 1.15 Mn
Jun 30, 2026 1.15 Mn
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 14.44 Mn
Sep 30, 2021 14.44 Mn