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Helmerich & Payne (HP) Capital Expenditures (2009 - 2026)

Helmerich & Payne (HP) reported Capital Expenditures of $62.9 million for Q1 2026, down 60.4% year-over-year from $158.7 million in Q1 2025, and down 6.96% on a QoQ basis from $67.6 million in Q4 2025.

Helmerich & Payne (HP) has 18 years of Capital Expenditures data on file, last reported at $62.9 million in Q1 2026.

  • Quarterly Capital Expenditures fell 60.4% year-over-year to $62.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $291.6 million (down 42.33% YoY) and the FY2025 annual result came in at $426.4 million, down 13.88% from the prior year.
  • Capital Expenditures declined to $62.9 million in Q1 2026 per HP's latest filing, from $67.6 million in the prior quarter.
  • Across five years, Capital Expenditures topped out at $158.7 million in Q1 2025 and bottomed at $60.5 million in Q1 2022.
  • The 5-year median for Capital Expenditures is $97.0 million (2025), against an average of $97.3 million.
  • The widest annual swing landed in 2022, when Capital Expenditures soared 282.44%; it then plunged 60.4% in 2026.
  • Tracing HP's Capital Expenditures over 5 years: stood at $96.0 million in 2022, then surged by 42.05% to $136.4 million in 2023, then dropped by 21.94% to $106.5 million in 2024, then tumbled by 36.55% to $67.6 million in 2025, then retreated by 6.96% to $62.9 million in 2026.
  • Per Business Quant, the three latest HP Capital Expenditures figures stand at $62.9 million (Q1 2026), $67.6 million (Q4 2025), and $64.1 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Capital Expenditures (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn -47.40 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 103.85 Mn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 28.00 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 116.63 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 62.86 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn 13.00 Mn
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 21.05 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 164.95 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - -200,000.00

Historic Data

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DateValue
Mar 31, 2026 62.86 Mn
Mar 31, 2026 62.86 Mn
Dec 31, 2025 67.57 Mn
Dec 31, 2025 67.57 Mn
Sep 30, 2025 64.14 Mn
Sep 30, 2025 64.14 Mn
Jun 30, 2025 97.00 Mn
Jun 30, 2025 97.00 Mn
Mar 31, 2025 158.75 Mn
Mar 31, 2025 158.75 Mn
Dec 31, 2024 106.49 Mn
Dec 31, 2024 106.49 Mn
Sep 30, 2024 105.98 Mn
Sep 30, 2024 105.98 Mn
Jun 30, 2024 134.38 Mn
Jun 30, 2024 134.38 Mn
Mar 31, 2024 118.30 Mn
Mar 31, 2024 118.30 Mn
Dec 31, 2023 136.41 Mn
Dec 31, 2023 136.41 Mn
Sep 30, 2023 113.67 Mn
Sep 30, 2023 113.67 Mn
Jun 30, 2023 100.31 Mn
Jun 30, 2023 100.31 Mn
Mar 31, 2023 85.45 Mn
Mar 31, 2023 85.45 Mn
Dec 31, 2022 96.03 Mn
Dec 31, 2022 96.03 Mn
Sep 30, 2022 75.94 Mn
Sep 30, 2022 75.94 Mn
Jun 30, 2022 70.48 Mn
Jun 30, 2022 70.48 Mn
Mar 31, 2022 60.47 Mn
Mar 31, 2022 60.47 Mn
Dec 31, 2021 44.01 Mn
Dec 31, 2021 44.01 Mn
Sep 30, 2021 32.98 Mn
Sep 30, 2021 32.98 Mn
Jun 30, 2021 18.43 Mn
Jun 30, 2021 18.43 Mn
Mar 31, 2021 16.76 Mn
Mar 31, 2021 16.76 Mn
Dec 31, 2020 13.99 Mn
Dec 31, 2020 13.99 Mn
Sep 30, 2020 19.84 Mn
Sep 30, 2020 19.84 Mn
Jun 30, 2020 26.65 Mn
Jun 30, 2020 26.65 Mn
Mar 31, 2020 48.29 Mn
Mar 31, 2020 48.29 Mn
Dec 31, 2019 46.02 Mn
Dec 31, 2019 46.02 Mn
Sep 30, 2019 54.83 Mn
Sep 30, 2019 54.83 Mn
Jun 30, 2019 73.59 Mn
Jun 30, 2019 73.59 Mn
Mar 31, 2019 133.89 Mn
Mar 31, 2019 133.89 Mn
Dec 31, 2018 196.09 Mn
Dec 31, 2018 196.09 Mn
Sep 30, 2018 143.93 Mn
Sep 30, 2018 143.93 Mn
Jun 30, 2018 131.46 Mn
Jun 30, 2018 131.46 Mn
Mar 31, 2018 99.50 Mn
Mar 31, 2018 99.50 Mn
Dec 31, 2017 91.70 Mn
Dec 31, 2017 91.70 Mn
Sep 30, 2017 97.29 Mn
Sep 30, 2017 97.29 Mn
Jun 30, 2017 124.97 Mn
Jun 30, 2017 124.97 Mn
Mar 31, 2017 93.18 Mn
Mar 31, 2017 93.18 Mn
Dec 31, 2016 82.13 Mn
Dec 31, 2016 82.13 Mn
Sep 30, 2016 37.62 Mn
Sep 30, 2016 37.62 Mn
Jun 30, 2016 39.07 Mn
Jun 30, 2016 39.07 Mn
Mar 31, 2016 66.01 Mn
Mar 31, 2016 66.01 Mn
Dec 31, 2015 114.47 Mn
Dec 31, 2015 114.47 Mn
Sep 30, 2015 159.84 Mn
Sep 30, 2015 159.84 Mn
Jun 30, 2015 205.57 Mn
Jun 30, 2015 205.57 Mn
Mar 31, 2015 396.05 Mn
Mar 31, 2015 396.05 Mn
Dec 31, 2014 369.98 Mn
Dec 31, 2014 369.98 Mn
Sep 30, 2014 329.51 Mn
Sep 30, 2014 329.51 Mn
Jun 30, 2014 265.28 Mn
Jun 30, 2014 265.28 Mn
Mar 31, 2014 216.11 Mn
Mar 31, 2014 216.11 Mn
Dec 31, 2013 140.64 Mn
Dec 31, 2013 140.64 Mn
Sep 30, 2013 190.52 Mn
Sep 30, 2013 190.52 Mn
Jun 30, 2013 180.08 Mn
Jun 30, 2013 180.08 Mn
Mar 31, 2013 219.03 Mn
Mar 31, 2013 219.03 Mn
Dec 31, 2012 219.44 Mn
Dec 31, 2012 219.44 Mn
Sep 30, 2012 323.44 Mn
Sep 30, 2012 323.44 Mn
Jun 30, 2012 281.54 Mn
Jun 30, 2012 281.54 Mn
Mar 31, 2012 235.76 Mn
Mar 31, 2012 235.76 Mn
Dec 31, 2011 256.94 Mn
Dec 31, 2011 256.94 Mn
Sep 30, 2011 -432.19 Mn
Sep 30, 2011 -432.19 Mn
Jun 30, 2011 207.53 Mn
Jun 30, 2011 207.53 Mn
Mar 31, 2011 170.03 Mn
Mar 31, 2011 170.03 Mn
Dec 31, 2010 116.22 Mn
Dec 31, 2010 116.22 Mn
Sep 30, 2010 109.37 Mn
Sep 30, 2010 109.37 Mn
Jun 30, 2010 77.88 Mn
Jun 30, 2010 77.88 Mn
Mar 31, 2010 77.53 Mn
Mar 31, 2010 77.53 Mn
Dec 31, 2009 64.79 Mn
Dec 31, 2009 64.79 Mn
Sep 30, 2009 142.33 Mn
Sep 30, 2009 142.33 Mn
Jun 30, 2009 208.62 Mn
Jun 30, 2009 208.62 Mn
Mar 31, 2009 275.50 Mn
Mar 31, 2009 275.50 Mn