Helmerich & Payne (HP) Intangibles (2016 - 2026)
Helmerich & Payne (HP) posted quarterly Intangibles of $444.1 million for Q1 2026, down 13.15% year-over-year from $511.3 million in Q1 2025, and down 4.11% quarter-over-quarter from $463.1 million in Q4 2025.
Helmerich & Payne (HP) Intangibles (2016 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Intangibles for 11 consecutive years, with $444.1 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Intangibles fell 13.15% year-over-year to $444.1 million; the TTM figure through Mar 2026 stood at $444.1 million (down 13.15% YoY), while the FY2025 annual figure was $485.5 million, up 796.71% from the prior year.
- Intangibles eased to $444.1 million in Q1 2026 per HP's latest filing, from $463.1 million in the prior quarter.
- Across five years, Intangibles topped out at $511.3 million in Q1 2025 and bottomed at $52.5 million in Q4 2024.
- Historically, Intangibles has averaged $184.4 million across 5 years, with a median of $65.4 million in 2022.
- Annual changes were most pronounced in 2025 — Intangibles surged 796.71% — and 2026, when it dropped 13.15%.
- Helmerich & Payne's Intangibles stood at $65.4 million in 2022, then decreased by 9.83% to $59.0 million in 2023, then declined by 10.89% to $52.5 million in 2024, then soared by 781.27% to $463.1 million in 2025, then decreased by 4.11% to $444.1 million in 2026.
- Business Quant data shows HP's Intangibles at $444.1 million in Q1 2026, $463.1 million in Q4 2025, and $485.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (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 | 755.24 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn | 423.63 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 | 5.56 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 | 423.63 Mn |
| Mar 31, 2026 | 444.06 Mn |
| Dec 31, 2025 | 463.08 Mn |
| Sep 30, 2025 | 485.54 Mn |
| Jun 30, 2025 | 493.80 Mn |
| Mar 31, 2025 | 511.30 Mn |
| Dec 31, 2024 | 52.55 Mn |
| Sep 30, 2024 | 54.15 Mn |
| Jun 30, 2024 | 55.75 Mn |
| Mar 31, 2024 | 57.36 Mn |
| Dec 31, 2023 | 58.97 Mn |
| Sep 30, 2023 | 60.58 Mn |
| Jun 30, 2023 | 62.18 Mn |
| Mar 31, 2023 | 63.79 Mn |
| Dec 31, 2022 | 65.40 Mn |
| Sep 30, 2022 | 67.15 Mn |
| Jun 30, 2022 | 68.95 Mn |
| Mar 31, 2022 | 70.25 Mn |
| Dec 31, 2021 | 72.04 Mn |
| Sep 30, 2021 | 73.84 Mn |