Helmerich & Payne (HP) Change in Inventory (2009 - 2026)
Helmerich & Payne (HP) reported Change in Inventory of $5.1 million for Q1 2026, up 220.59% year-over-year from $1.6 million in Q1 2025, and up 1224.48% on a QoQ basis from $388000.0 in Q4 2025.
Helmerich & Payne (HP) has 18 years of Change in Inventory data on file, last reported at $5.1 million in Q1 2026.
- Quarterly Change in Inventory rose 220.59% year-over-year to $5.1 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $21.3 million (up 17.73% YoY) and the FY2025 annual result came in at $26.9 million, up 29.32% from the prior year.
- Change in Inventory rose to $5.1 million in Q1 2026 per HP's latest filing, from $388000.0 in the prior quarter.
- Across five years, Change in Inventory topped out at $9.5 million in Q4 2024 and bottomed at -$6.1 million in Q3 2023.
- The 5-year median for Change in Inventory is $3.0 million (2022), against an average of $3.7 million.
- The widest annual swing landed in 2023, when Change in Inventory sank 321.16%; it then jumped 5410.65% in 2025.
- Tracing HP's Change in Inventory over 5 years: stood at $3.0 million in 2022, then jumped by 139.14% to $7.2 million in 2023, then soared by 32.11% to $9.5 million in 2024, then slumped by 95.92% to $388000.0 in 2025, then soared by 1224.48% to $5.1 million in 2026.
- Per Business Quant, the three latest HP Change in Inventory figures stand at $5.1 million (Q1 2026), $388000.0 (Q4 2025), and $9.3 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | - |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | - |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | - |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | 5.66 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 5.14 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -252,000.00 |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | -4.61 Mn |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 5.14 Mn |
| Mar 31, 2026 | 5.14 Mn |
| Dec 31, 2025 | 388,000.00 |
| Dec 31, 2025 | 388,000.00 |
| Sep 30, 2025 | 9.31 Mn |
| Sep 30, 2025 | 9.31 Mn |
| Jun 30, 2025 | 6.44 Mn |
| Jun 30, 2025 | 6.44 Mn |
| Mar 31, 2025 | 1.60 Mn |
| Mar 31, 2025 | 1.60 Mn |
| Dec 31, 2024 | 9.50 Mn |
| Dec 31, 2024 | 9.50 Mn |
| Sep 30, 2024 | 169,000.00 |
| Sep 30, 2024 | 169,000.00 |
| Jun 30, 2024 | 6.80 Mn |
| Jun 30, 2024 | 6.80 Mn |
| Mar 31, 2024 | 6.61 Mn |
| Mar 31, 2024 | 6.61 Mn |
| Dec 31, 2023 | 7.19 Mn |
| Dec 31, 2023 | 7.19 Mn |
| Sep 30, 2023 | -6.07 Mn |
| Sep 30, 2023 | -6.07 Mn |
| Jun 30, 2023 | 1.78 Mn |
| Jun 30, 2023 | 1.78 Mn |
| Mar 31, 2023 | 9.11 Mn |
| Mar 31, 2023 | 9.11 Mn |
| Dec 31, 2022 | 3.01 Mn |
| Dec 31, 2022 | 3.01 Mn |
| Sep 30, 2022 | 2.75 Mn |
| Sep 30, 2022 | 2.75 Mn |
| Jun 30, 2022 | 2.64 Mn |
| Jun 30, 2022 | 2.64 Mn |
| Mar 31, 2022 | -2.67 Mn |
| Mar 31, 2022 | -2.67 Mn |
| Dec 31, 2021 | 2.51 Mn |
| Dec 31, 2021 | 2.51 Mn |
| Sep 30, 2021 | -5.77 Mn |
| Sep 30, 2021 | -5.77 Mn |
| Jun 30, 2021 | -6.91 Mn |
| Jun 30, 2021 | -6.91 Mn |
| Mar 31, 2021 | -2.55 Mn |
| Mar 31, 2021 | -2.55 Mn |
| Dec 31, 2020 | -4.61 Mn |
| Dec 31, 2020 | -4.61 Mn |
| Sep 30, 2020 | -8.85 Mn |
| Sep 30, 2020 | -8.85 Mn |
| Jun 30, 2020 | -2.63 Mn |
| Jun 30, 2020 | -2.63 Mn |
| Mar 31, 2020 | 2.34 Mn |
| Mar 31, 2020 | 2.34 Mn |
| Dec 31, 2019 | -272,000.00 |
| Dec 31, 2019 | -272,000.00 |
| Sep 30, 2019 | 7.38 Mn |
| Sep 30, 2019 | 7.38 Mn |
| Jun 30, 2019 | -4.74 Mn |
| Jun 30, 2019 | -4.74 Mn |
| Mar 31, 2019 | 1.41 Mn |
| Mar 31, 2019 | 1.41 Mn |
| Dec 31, 2018 | 1.86 Mn |
| Dec 31, 2018 | 1.86 Mn |
| Sep 30, 2018 | 7.52 Mn |
| Sep 30, 2018 | 7.52 Mn |
| Jun 30, 2018 | 8.93 Mn |
| Jun 30, 2018 | 8.93 Mn |
| Mar 31, 2018 | 4.11 Mn |
| Mar 31, 2018 | 4.11 Mn |
| Dec 31, 2017 | 1.86 Mn |
| Dec 31, 2017 | 1.86 Mn |
| Sep 30, 2017 | -1.20 Mn |
| Sep 30, 2017 | -1.20 Mn |
| Jun 30, 2017 | 4.53 Mn |
| Jun 30, 2017 | 4.53 Mn |
| Mar 31, 2017 | 5.55 Mn |
| Mar 31, 2017 | 5.55 Mn |
| Dec 31, 2016 | 1.72 Mn |
| Dec 31, 2016 | 1.72 Mn |
| Sep 30, 2016 | -2.29 Mn |
| Sep 30, 2016 | -2.29 Mn |
| Jun 30, 2016 | -764,000.00 |
| Jun 30, 2016 | -764,000.00 |
| Mar 31, 2016 | 2.41 Mn |
| Mar 31, 2016 | 2.41 Mn |
| Dec 31, 2015 | -1.30 Mn |
| Dec 31, 2015 | -1.30 Mn |
| Sep 30, 2015 | 1.03 Mn |
| Sep 30, 2015 | 1.03 Mn |
| Jun 30, 2015 | 3.62 Mn |
| Jun 30, 2015 | 3.62 Mn |
| Mar 31, 2015 | 13.68 Mn |
| Mar 31, 2015 | 13.68 Mn |
| Dec 31, 2014 | 4.73 Mn |
| Dec 31, 2014 | 4.73 Mn |
| Sep 30, 2014 | -9,000.00 |
| Sep 30, 2014 | -9,000.00 |
| Jun 30, 2014 | 6.42 Mn |
| Jun 30, 2014 | 6.42 Mn |
| Mar 31, 2014 | 2.49 Mn |
| Mar 31, 2014 | 2.49 Mn |
| Dec 31, 2013 | 8.47 Mn |
| Dec 31, 2013 | 8.47 Mn |
| Sep 30, 2013 | 2.28 Mn |
| Sep 30, 2013 | 2.28 Mn |
| Jun 30, 2013 | 3.86 Mn |
| Jun 30, 2013 | 3.86 Mn |
| Mar 31, 2013 | 4.18 Mn |
| Mar 31, 2013 | 4.18 Mn |
| Dec 31, 2012 | 1.97 Mn |
| Dec 31, 2012 | 1.97 Mn |
| Sep 30, 2012 | 6.16 Mn |
| Sep 30, 2012 | 6.16 Mn |
| Jun 30, 2012 | 9.01 Mn |
| Jun 30, 2012 | 9.01 Mn |
| Mar 31, 2012 | 2.50 Mn |
| Mar 31, 2012 | 2.50 Mn |
| Dec 31, 2011 | 4.50 Mn |
| Dec 31, 2011 | 4.50 Mn |
| Sep 30, 2011 | 4.80 Mn |
| Sep 30, 2011 | 4.80 Mn |
| Jun 30, 2011 | 3.76 Mn |
| Jun 30, 2011 | 3.76 Mn |
| Mar 31, 2011 | 2.16 Mn |
| Mar 31, 2011 | 2.16 Mn |
| Dec 31, 2010 | 285,000.00 |
| Dec 31, 2010 | 285,000.00 |
| Sep 30, 2010 | -103,000.00 |
| Sep 30, 2010 | -103,000.00 |
| Jun 30, 2010 | 2.77 Mn |
| Jun 30, 2010 | 2.77 Mn |
| Mar 31, 2010 | -452,000.00 |
| Mar 31, 2010 | -452,000.00 |
| Dec 31, 2009 | 1.65 Mn |
| Dec 31, 2009 | 1.65 Mn |
| Sep 30, 2009 | -901,000.00 |
| Sep 30, 2009 | -901,000.00 |
| Jun 30, 2009 | 3.31 Mn |
| Jun 30, 2009 | 3.31 Mn |
| Mar 31, 2009 | -319,000.00 |
| Mar 31, 2009 | -319,000.00 |