Helmerich & Payne (HP) Inventory (2009 - 2026)
Helmerich & Payne's (HP) quarterly Inventory came in at $325.8 million in Q2 2026, down 1.27% year-over-year from $330.0 million in Q2 2025, and down 1.43% quarter-over-quarter from $330.5 million in Q1 2026.
Analysis
Helmerich & Payne (HP) Inventory (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Inventory for 18 consecutive years, with $325.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Inventory fell 1.27% year-over-year to $325.8 million in Q2 2026; TTM through Jun 2026 was $325.8 million, a 1.27% decrease from a year earlier, with the FY2025 full-year figure at $324.3 million, up 175.12% from the prior year.
- Inventory was $325.8 million for Q2 2026 at Helmerich & Payne, down from $330.5 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 $176.1 million and a median of $111.3 million in 2024 frame the typical range for Inventory.
- Across the five-year window, Inventory declined 13.38% in 2022 and soared 199.99% in 2025, its largest moves.
- Over 5 years, Inventory stood at $90.8 million in 2022, then gained by 11.74% to $101.4 million in 2023, then grew by 25.51% to $127.3 million in 2024, then soared by 155.18% to $324.8 million in 2025, then climbed by 0.3% to $325.8 million in 2026.
- The last three Inventory figures came in at $325.8 million (Q2 2026), $330.5 million (Q1 2026), and $324.8 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.90 Bn | 4.70 Bn | 597.25 Mn | 140.75 Mn |
| 2 | Helmerich & Payne | 4.45 Bn | 4.21 Bn | 349.94 Mn | 325.80 Mn |
| 3 | Nabors Industries | 1.28 Bn | 765.39 Mn | 309.38 Mn | 87.86 Mn |
| 4 | Precision Drilling | 1.19 Bn | 1.14 Bn | 89.29 Mn | 39.54 Mn |
Historic Data
Download Data
Historic 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 |