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% quarter-over-quarter from $388000.0 in Q4 2025.

Helmerich & Payne (HP) Change in Inventory (2009 - 2026) Analysis & Trends

Helmerich & Payne (HP) has 18 years of Change in Inventory data on file, last reported at $5.1 million in Q1 2026.

  • Change in Inventory for Q1 2026 came in at $5.1 million, up 220.59% year-over-year; the trailing twelve-month figure through Mar 2026 was $21.3 million (up 17.73% YoY), and the FY2025 annual result was $26.9 million, up 29.32% from the prior year.
  • Change in Inventory improved to $5.1 million in Q1 2026 per HP's latest filing, from $388000.0 in the prior quarter.
  • Over five years, Change in Inventory peaked at $9.5 million in Q4 2024 and troughed at -$6.1 million in Q3 2023.
  • A 5-year average of $3.7 million and a median of $3.0 million in 2022 frame the typical range for Change in Inventory.
  • The sharpest annual moves came in 2023 and 2025: Change in Inventory tumbled 321.16% in 2023, then soared 5410.65% in 2025.
  • A 5-year view of Change in Inventory shows it stood at $3.0 million in 2022, then soared by 139.14% to $7.2 million in 2023, then surged by 32.11% to $9.5 million in 2024, then plunged by 95.92% to $388000.0 in 2025, then surged by 1224.48% to $5.1 million in 2026.
  • Business Quant data shows HP's Change in Inventory at $5.1 million in Q1 2026, $388000.0 in Q4 2025, and $9.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (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 5.66 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 5.14 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn -
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn -252,000.00
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn -4.61 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
DateValue
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