Helmerich & Payne (HP) Depreciation Expense (2009 - 2026)

Helmerich & Payne (HP) has 13 years of Depreciation Expense data on file, last reported at $162.3 million in Q1 2026.

• Quarterly Depreciation Expense 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 Expense 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 Expense topped out at $169.4 million in Q3 2025 and bottomed at $92.4 million in Q4 2023.
• The 5-year median for Depreciation Expense is $99.4 million (2024), against an average of $115.7 million.
• The widest annual swing landed in 2023, when Depreciation Expense retreated 9.27%; it then jumped 70.42% in 2025.
• Tracing HP's Depreciation Expense 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 Expense figures stand at $162.3 million (Q1 2026), $162.5 million (Q4 2025), and $169.4 million (Q3 2025).

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