Helmerich & Payne (HP) Depreciation and Depletion (2009 - 2026)
Helmerich & Payne (HP) reported Depreciation and Depletion of $162.3 million for Q1 2026, up 10.18% year-over-year from $147.3 million in Q1 2025, and little changed on a QoQ basis from $162.5 million in Q4 2025.
Helmerich & Payne (HP) has 13 years of Depreciation and Depletion data on file, last reported at $162.3 million in Q1 2026.
- Quarterly Depreciation and Depletion rose 10.18% year-over-year to $162.3 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $655.0 million (up 48.9% YoY) and the FY2025 annual result came in at $574.5 million, up 46.97% from the prior year.
- Depreciation and Depletion was little changed at $162.3 million in Q1 2026 per HP's latest filing, from $162.5 million in the prior quarter.
- Across five years, Depreciation and Depletion topped out at $169.4 million in Q3 2025 and bottomed at $92.4 million in Q4 2023.
- The 5-year median for Depreciation and Depletion is $99.4 million (2024), against an average of $115.7 million.
- The widest annual swing landed in 2023, when Depreciation and Depletion retreated 9.27%; it then jumped 70.42% in 2025.
- Tracing HP's Depreciation and Depletion over 5 years: stood at $94.9 million in 2022, then declined by 2.63% to $92.4 million in 2023, then rose by 4.98% to $97.0 million in 2024, then jumped by 67.53% to $162.5 million in 2025, then slipped by 0.12% to $162.3 million in 2026.
- Per Business Quant, the three latest HP Depreciation and Depletion figures stand at $162.3 million (Q1 2026), $162.5 million (Q4 2025), and $169.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (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 | 1.27 Mn |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | 162.30 Mn |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | 37.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 162.30 Mn |
| Mar 31, 2026 | 162.30 Mn |
| Dec 31, 2025 | 162.50 Mn |
| Dec 31, 2025 | 162.50 Mn |
| Sep 30, 2025 | 169.40 Mn |
| Sep 30, 2025 | 169.40 Mn |
| Jun 30, 2025 | 160.80 Mn |
| Jun 30, 2025 | 160.80 Mn |
| Mar 31, 2025 | 147.30 Mn |
| Mar 31, 2025 | 147.30 Mn |
| Dec 31, 2024 | 97.00 Mn |
| Dec 31, 2024 | 97.00 Mn |
| Sep 30, 2024 | 99.40 Mn |
| Sep 30, 2024 | 99.40 Mn |
| Jun 30, 2024 | 96.20 Mn |
| Jun 30, 2024 | 96.20 Mn |
| Mar 31, 2024 | 102.90 Mn |
| Mar 31, 2024 | 102.90 Mn |
| Dec 31, 2023 | 92.40 Mn |
| Dec 31, 2023 | 92.40 Mn |
| Sep 30, 2023 | 93.00 Mn |
| Sep 30, 2023 | 93.00 Mn |
| Jun 30, 2023 | 93.20 Mn |
| Jun 30, 2023 | 93.20 Mn |
| Mar 31, 2023 | 94.60 Mn |
| Mar 31, 2023 | 94.60 Mn |
| Dec 31, 2022 | 94.90 Mn |
| Dec 31, 2022 | 94.90 Mn |
| Sep 30, 2022 | 102.50 Mn |
| Sep 30, 2022 | 102.50 Mn |
| Jun 30, 2022 | 97.50 Mn |
| Jun 30, 2022 | 97.50 Mn |
| Mar 31, 2022 | 101.10 Mn |
| Mar 31, 2022 | 101.10 Mn |
| Dec 31, 2021 | 98.60 Mn |
| Dec 31, 2021 | 98.60 Mn |
| Sep 30, 2021 | 100.10 Mn |
| Sep 30, 2021 | 100.10 Mn |
| Jun 30, 2021 | 102.70 Mn |
| Jun 30, 2021 | 102.70 Mn |
| Mar 31, 2021 | 104.60 Mn |
| Mar 31, 2021 | 104.60 Mn |
| Dec 31, 2020 | 105.10 Mn |
| Dec 31, 2020 | 105.10 Mn |
| Sep 30, 2020 | 107.90 Mn |
| Sep 30, 2020 | 107.90 Mn |
| Jun 30, 2020 | 108.40 Mn |
| Jun 30, 2020 | 108.40 Mn |
| Mar 31, 2020 | 130.20 Mn |
| Mar 31, 2020 | 130.20 Mn |
| Dec 31, 2019 | 128.20 Mn |
| Dec 31, 2019 | 128.20 Mn |
| Sep 30, 2019 | 133.20 Mn |
| Sep 30, 2019 | 133.20 Mn |
| Jun 30, 2019 | 141.90 Mn |
| Jun 30, 2019 | 141.90 Mn |
| Mar 31, 2019 | 141.70 Mn |
| Mar 31, 2019 | 141.70 Mn |
| Dec 31, 2018 | 140.00 Mn |
| Dec 31, 2018 | 140.00 Mn |
| Sep 30, 2018 | 148.40 Mn |
| Sep 30, 2018 | 148.40 Mn |
| Jun 30, 2018 | 143.10 Mn |
| Jun 30, 2018 | 143.10 Mn |
| Mar 31, 2018 | 144.00 Mn |
| Mar 31, 2018 | 144.00 Mn |
| Sep 30, 2017 | 152.73 Mn |
| Sep 30, 2017 | 152.73 Mn |
| Jun 30, 2017 | 145.04 Mn |
| Jun 30, 2017 | 145.04 Mn |
| Mar 31, 2017 | 152.78 Mn |
| Mar 31, 2017 | 152.78 Mn |
| Jun 30, 2016 | 138.69 Mn |
| Jun 30, 2016 | 138.69 Mn |
| Mar 31, 2016 | 141.52 Mn |
| Mar 31, 2016 | 141.52 Mn |
| Mar 31, 2010 | 65.80 Mn |
| Mar 31, 2010 | 65.80 Mn |
| Dec 31, 2009 | 62.80 Mn |
| Dec 31, 2009 | 62.80 Mn |
| Sep 30, 2009 | 63.51 Mn |
| Sep 30, 2009 | 63.51 Mn |
| Jun 30, 2009 | 61.04 Mn |
| Jun 30, 2009 | 61.04 Mn |
| Mar 31, 2009 | 57.11 Mn |
| Mar 31, 2009 | 57.11 Mn |