Helmerich & Payne (HP) Assets Average (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Assets Average of $6.4 billion for Q1 2026, down 2.02% year-over-year from $6.5 billion in Q1 2025, and down 2.81% quarter-over-quarter from $6.6 billion in Q4 2025.
Helmerich & Payne (HP) Assets Average (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Assets Average for 18 consecutive years, with $6.4 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Assets Average fell 2.02% year-over-year to $6.4 billion; the TTM figure through Mar 2026 stood at $6.4 billion (down 2.02% YoY), while the FY2025 annual figure was $6.2 billion, up 22.86% from the prior year.
- Assets Average fell to $6.4 billion in Q1 2026 per HP's latest filing, from $6.6 billion in the prior quarter.
- Across five years, Assets Average topped out at $7.1 billion in Q2 2025 and bottomed at $4.3 billion in Q2 2022.
- Historically, Assets Average has averaged $5.2 billion across 5 years, with a median of $4.4 billion in 2024.
- Annual changes were most pronounced in 2022 — Assets Average fell 8.93% — and 2025, when it surged 58.3%.
- Helmerich & Payne's Assets Average stood at $4.4 billion in 2022, then rose by 0.41% to $4.4 billion in 2023, then soared by 31.75% to $5.8 billion in 2024, then climbed by 13.5% to $6.6 billion in 2025, then dropped by 2.81% to $6.4 billion in 2026.
- Business Quant data shows HP's Assets Average at $6.4 billion in Q1 2026, $6.6 billion in Q4 2025, and $6.8 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Assets Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.47 Bn | 7.02 Bn | 273.38 Mn | 7.36 Bn |
| 2 | Transocean | 6.67 Bn | 5.87 Bn | 358.00 Mn | 15.16 Bn |
| 3 | Patterson Uti Energy | 4.67 Bn | 4.47 Bn | 597.25 Mn | 5.37 Bn |
| 4 | Helmerich & Payne | 4.36 Bn | 4.13 Bn | 349.94 Mn | 6.31 Bn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | 4.05 Bn |
| 6 | Borr Drilling | 1.39 Bn | 1.16 Bn | - | 3.75 Bn |
| 7 | Nabors Industries | 1.30 Bn | 792.44 Mn | 309.38 Mn | 4.40 Bn |
| 8 | Precision Drilling | 1.18 Bn | 1.13 Bn | 89.29 Mn | 1.99 Bn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | 5.41 Bn |
| 10 | Sable Offshore | 763.51 Mn | 741.91 Mn | - | 1.75 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 6.31 Bn |
| Mar 31, 2026 | 6.40 Bn |
| Dec 31, 2025 | 6.58 Bn |
| Sep 30, 2025 | 6.78 Bn |
| Jun 30, 2025 | 7.05 Bn |
| Mar 31, 2025 | 6.53 Bn |
| Dec 31, 2024 | 5.80 Bn |
| Sep 30, 2024 | 5.13 Bn |
| Jun 30, 2024 | 4.45 Bn |
| Mar 31, 2024 | 4.42 Bn |
| Dec 31, 2023 | 4.40 Bn |
| Sep 30, 2023 | 4.36 Bn |
| Jun 30, 2023 | 4.35 Bn |
| Mar 31, 2023 | 4.39 Bn |
| Dec 31, 2022 | 4.38 Bn |
| Sep 30, 2022 | 4.34 Bn |
| Jun 30, 2022 | 4.33 Bn |
| Mar 31, 2022 | 4.36 Bn |
| Dec 31, 2021 | 4.71 Bn |
| Sep 30, 2021 | 4.76 Bn |