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| 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 |