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 quarter-over-quarter from $162.5 million in Q4 2025.
Helmerich & Payne (HP) Depreciation and Depletion (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has 13 years of Depreciation and Depletion data on file, last reported at $162.3 million in Q1 2026.
- Depreciation and Depletion for Q1 2026 came in at $162.3 million, up 10.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $655.0 million (up 48.9% YoY), and the FY2025 annual result was $574.5 million, up 46.97% from the prior year.
- Depreciation and Depletion held at $162.3 million in Q1 2026 per HP's latest filing, from $162.5 million in the prior quarter.
- Over five years, Depreciation and Depletion peaked at $169.4 million in Q3 2025 and troughed at $92.4 million in Q4 2023.
- A 5-year average of $115.7 million and a median of $99.4 million in 2024 frame the typical range for Depreciation and Depletion.
- The sharpest annual moves came in 2023 and 2025: Depreciation and Depletion slipped 9.27% in 2023, then soared 70.42% in 2025.
- A 5-year view of Depreciation and Depletion shows it stood at $94.9 million in 2022, then retreated by 2.63% to $92.4 million in 2023, then advanced by 4.98% to $97.0 million in 2024, then soared by 67.53% to $162.5 million in 2025, then declined by 0.12% to $162.3 million in 2026.
- Business Quant data shows HP's Depreciation and Depletion at $162.3 million in Q1 2026, $162.5 million in Q4 2025, and $169.4 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Depreciation and Depletion (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 | 1.27 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 162.30 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | - |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | - |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | 42.50 Mn |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | 42.70 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 |