Helmerich & Payne (HP) Inventory (2009 - 2026)

Helmerich & Payne (HP) reported Inventory of $330.5 million for Q1 2026, up 2.77% year-over-year from $321.6 million in Q1 2025, and up 1.76% quarter-over-quarter from $324.8 million in Q4 2025.

Helmerich & Payne (HP) Inventory (2009 - 2026) Analysis & Trends

Helmerich & Payne (HP) has 18 years of Inventory data on file, last reported at $330.5 million in Q1 2026.

  • Inventory for Q1 2026 came in at $330.5 million, up 2.77% year-over-year; the trailing twelve-month figure through Mar 2026 was $330.5 million (up 2.77% YoY), and the FY2025 annual result was $324.3 million, up 175.12% from the prior year.
  • Inventory grew to $330.5 million in Q1 2026 per HP's latest filing, from $324.8 million in the prior quarter.
  • Over five years, Inventory peaked at $330.5 million in Q1 2026 and troughed at $83.6 million in Q1 2022.
  • A 5-year average of $167.3 million and a median of $107.2 million in 2024 frame the typical range for Inventory.
  • The sharpest annual moves came in 2022 and 2025: Inventory fell 13.38% in 2022, then jumped 199.99% in 2025.
  • A 5-year view of Inventory shows it stood at $90.8 million in 2022, then advanced by 11.74% to $101.4 million in 2023, then increased by 25.51% to $127.3 million in 2024, then jumped by 155.18% to $324.8 million in 2025, then gained by 1.76% to $330.5 million in 2026.
  • Business Quant data shows HP's Inventory at $330.5 million in Q1 2026, $324.8 million in Q4 2025, and $324.3 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory (Qtr)
1 Precision Drilling 156.90 Bn 156.84 Bn 120.82 Mn 38.87 Mn
2 Noble 7.48 Bn 6.81 Bn 755.58 Mn -
3 Transocean 6.71 Bn 6.09 Bn 475.00 Mn 383.00 Mn
4 Patterson Uti Energy 4.36 Bn 4.03 Bn 535.85 Mn 150.59 Mn
5 Helmerich & Payne 3.92 Bn 3.82 Bn 907.56 Mn 330.54 Mn
6 Seadrill 2.75 Bn 2.42 Bn 177.00 Mn -
7 Sable Offshore 1.56 Bn 1.51 Bn -66.76 Mn 6.31 Mn
8 Nabors Industries 1.45 Bn 1.33 Bn 290.08 Mn 90.16 Mn
9 Borr Drilling 1.40 Bn 1.16 Bn - -
10 Valaris 492.40 Mn -85.40 Mn 92.00 Mn -

Historic Data

Download Data
DateValue
Mar 31, 2026 330.54 Mn
Dec 31, 2025 324.81 Mn
Sep 30, 2025 324.33 Mn
Jun 30, 2025 329.99 Mn
Mar 31, 2025 321.62 Mn
Dec 31, 2024 127.29 Mn
Sep 30, 2024 117.88 Mn
Jun 30, 2024 115.31 Mn
Mar 31, 2024 107.21 Mn
Dec 31, 2023 101.42 Mn
Sep 30, 2023 94.23 Mn
Jun 30, 2023 101.30 Mn
Mar 31, 2023 99.41 Mn
Dec 31, 2022 90.76 Mn
Sep 30, 2022 87.96 Mn
Jun 30, 2022 86.09 Mn
Mar 31, 2022 83.59 Mn
Dec 31, 2021 87.27 Mn
Sep 30, 2021 84.06 Mn
Jun 30, 2021 90.54 Mn