Helmerich & Payne (HP) Current Deferred Revenue (2010 - 2017)
Helmerich & Payne (HP) posted quarterly Current Deferred Revenue of $25.9 million for Q3 2017, down 25.34% year-over-year from $34.7 million in Q3 2016, and down 25.34% quarter-over-quarter from $34.7 million in Q3 2016.
Helmerich & Payne (HP) Current Deferred Revenue (2010 - 2017) Analysis & Trends
Helmerich & Payne (HP) has reported Current Deferred Revenue for 8 consecutive years, with $25.9 million the latest figure, recorded in Q3 2017.
- In Q3 2017, Current Deferred Revenue fell 25.34% year-over-year to $25.9 million; the TTM figure through Sep 2017 stood at $25.9 million (down 25.34% YoY), while the FY2017 annual figure was $25.9 million, down 25.34% from the prior year.
- Current Deferred Revenue eased to $25.9 million in Q3 2017 per HP's latest filing, from $34.7 million in the prior quarter.
- Across five years, Current Deferred Revenue topped out at $42.8 million in Q3 2015 and bottomed at $3.1 million in Q3 2014.
- Historically, Current Deferred Revenue has averaged $23.6 million across 5 years, with a median of $25.9 million in 2017.
- Annual changes were most pronounced in 2014 — Current Deferred Revenue slumped 73.04% — and 2015, when it soared 1260.34%.
- Helmerich & Payne's Current Deferred Revenue stood at $11.7 million in 2013, then slumped by 73.04% to $3.1 million in 2014, then jumped by 1260.34% to $42.8 million in 2015, then dropped by 18.91% to $34.7 million in 2016, then dropped by 25.34% to $25.9 million in 2017.
- Business Quant data shows HP's Current Deferred Revenue at $25.9 million in Q3 2017, $34.7 million in Q3 2016, and $42.8 million in Q3 2015.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2017 | 25.89 Mn |
| Sep 30, 2016 | 34.68 Mn |
| Sep 30, 2015 | 42.77 Mn |
| Sep 30, 2014 | 3.14 Mn |
| Sep 30, 2013 | 11.66 Mn |
| Sep 30, 2012 | 11.28 Mn |
| Sep 30, 2011 | 4.07 Mn |
| Sep 30, 2010 | 6.44 Mn |