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| Date | Value |
|---|---|
| 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 |