Helmerich & Payne (HP) Goodwill & Intangibles (2015 - 2026)
Helmerich & Payne (HP) posted quarterly Goodwill & Intangibles of $627.9 million for Q1 2026, down 26.58% year-over-year from $855.1 million in Q1 2025, and down 2.76% quarter-over-quarter from $645.7 million in Q4 2025.
Helmerich & Payne (HP) Goodwill & Intangibles (2015 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Goodwill & Intangibles for 12 consecutive years, with $627.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Goodwill & Intangibles fell 26.58% year-over-year to $627.9 million; the TTM figure through Mar 2026 stood at $627.9 million (down 26.58% YoY), while the FY2025 annual figure was $668.4 million, up 569.73% from the prior year.
- Goodwill & Intangibles fell to $627.9 million in Q1 2026 per HP's latest filing, from $645.7 million in the prior quarter.
- Across five years, Goodwill & Intangibles topped out at $855.1 million in Q1 2025 and bottomed at $98.2 million in Q4 2024.
- Historically, Goodwill & Intangibles has averaged $279.0 million across 5 years, with a median of $111.1 million in 2022.
- Annual changes were most pronounced in 2025 — Goodwill & Intangibles jumped 729.72% — and 2026, when it dropped 26.58%.
- Helmerich & Payne's Goodwill & Intangibles stood at $111.1 million in 2022, then dropped by 5.79% to $104.6 million in 2023, then slipped by 6.14% to $98.2 million in 2024, then jumped by 557.49% to $645.7 million in 2025, then slipped by 2.76% to $627.9 million in 2026.
- Business Quant data shows HP's Goodwill & Intangibles at $627.9 million in Q1 2026, $645.7 million in Q4 2025, and $668.4 million in Q3 2025.
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 |
|---|---|
| Jun 30, 2026 | 606.06 Mn |
| Mar 31, 2026 | 627.85 Mn |
| Dec 31, 2025 | 645.66 Mn |
| Sep 30, 2025 | 668.39 Mn |
| Jun 30, 2025 | 660.35 Mn |
| Mar 31, 2025 | 855.11 Mn |
| Dec 31, 2024 | 98.20 Mn |
| Sep 30, 2024 | 99.80 Mn |
| Jun 30, 2024 | 101.45 Mn |
| Mar 31, 2024 | 103.06 Mn |
| Dec 31, 2023 | 104.62 Mn |
| Sep 30, 2023 | 106.28 Mn |
| Jun 30, 2023 | 107.84 Mn |
| Mar 31, 2023 | 109.44 Mn |
| Dec 31, 2022 | 111.05 Mn |
| Sep 30, 2022 | 112.85 Mn |
| Jun 30, 2022 | 114.65 Mn |
| Mar 31, 2022 | 115.95 Mn |
| Dec 31, 2021 | 117.70 Mn |
| Sep 30, 2021 | 119.49 Mn |