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| 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 |