Helmerich & Payne (HP) Inventory (2009 - 2026)
Helmerich & Payne (HP) posted quarterly 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 reported Inventory for 18 consecutive years, with $330.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Inventory rose 2.77% year-over-year to $330.5 million; the TTM figure through Mar 2026 stood at $330.5 million (up 2.77% YoY), while the FY2025 annual figure was $324.3 million, up 175.12% from the prior year.
- Inventory improved to $330.5 million in Q1 2026 per HP's latest filing, from $324.8 million in the prior quarter.
- Across five years, Inventory topped out at $330.5 million in Q1 2026 and bottomed at $83.6 million in Q1 2022.
- Historically, Inventory has averaged $167.3 million across 5 years, with a median of $107.2 million in 2024.
- Annual changes were most pronounced in 2022 — Inventory fell 13.38% — and 2025, when it jumped 199.99%.
- Helmerich & Payne's Inventory stood at $90.8 million in 2022, then climbed by 11.74% to $101.4 million in 2023, then rose by 25.51% to $127.3 million in 2024, then surged by 155.18% to $324.8 million in 2025, then advanced 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | - |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 379.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 140.75 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 325.80 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | - |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | - |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 87.86 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 39.54 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | - |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 11.56 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 325.80 Mn |
| 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 |