Helmerich & Payne (HP) Change in Inventory (2009 - 2026)
Helmerich & Payne (HP) posted quarterly 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 reported Change in Inventory for 18 consecutive years, with $5.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Change in Inventory rose 220.59% year-over-year to $5.1 million; the TTM figure through Mar 2026 stood at $21.3 million (up 17.73% YoY), while the FY2025 annual figure was $26.9 million, up 29.32% from the prior year.
- Change in Inventory advanced 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.
- Historically, Change in Inventory has averaged $3.7 million across 5 years, with a median of $3.0 million in 2022.
- Annual changes were most pronounced in 2023 — Change in Inventory tumbled 321.16% — and 2025, when it soared 5410.65%.
- Helmerich & Payne's Change in Inventory 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 sank by 95.92% to $388000.0 in 2025, then soared 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change in Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.48 Bn | 7.02 Bn | 273.38 Mn | - |
| 2 | Transocean | 6.70 Bn | 5.91 Bn | 358.00 Mn | - |
| 3 | Patterson Uti Energy | 4.67 Bn | 4.47 Bn | 597.25 Mn | 12.74 Mn |
| 4 | Helmerich & Payne | 4.35 Bn | 4.11 Bn | 349.94 Mn | -6.61 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn | - |
| 6 | Borr Drilling | 1.40 Bn | 1.17 Bn | - | - |
| 7 | Nabors Industries | 1.29 Bn | 784.44 Mn | 309.38 Mn | -2.33 Mn |
| 8 | Precision Drilling | 1.17 Bn | 1.12 Bn | 89.29 Mn | - |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 780.40 Mn | 758.80 Mn | - | -98,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -6.61 Mn |
| Jun 30, 2026 | -6.61 Mn |
| 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 |