Helmerich & Payne (HP) Inventory Average (2009 - 2026)
Helmerich & Payne's (HP) quarterly Inventory Average came in at $328.2 million in Q2 2026, up 0.73% year-over-year from $325.8 million in Q2 2025, and little changed quarter-over-quarter from $327.7 million in Q1 2026.
Analysis
Helmerich & Payne (HP) Inventory Average (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Inventory Average for 18 consecutive years, with $328.2 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Inventory Average rose 0.73% year-over-year to $328.2 million in Q2 2026; TTM through Jun 2026 was $328.2 million, a 0.73% increase from a year earlier, with the FY2025 full-year figure at $221.1 million, up 108.48% from the prior year.
- Inventory Average was $328.2 million for Q2 2026 at Helmerich & Payne, roughly flat from $327.7 million in the prior quarter.
- Over five years, Inventory Average peaked at $328.2 million in Q2 2026 and troughed at $84.8 million in Q2 2022.
- A 5-year average of $169.5 million and a median of $107.8 million in 2024 frame the typical range for Inventory Average.
- Across the five-year window, Inventory Average retreated 12.76% in 2022 and jumped 192.83% in 2025, its largest moves.
- Over 5 years, Inventory Average stood at $89.4 million in 2022, then advanced by 9.47% to $97.8 million in 2023, then grew by 25.31% to $122.6 million in 2024, then surged by 164.77% to $324.6 million in 2025, then rose by 1.11% to $328.2 million in 2026.
- The last three Inventory Average figures came in at $328.2 million (Q2 2026), $327.7 million (Q1 2026), and $324.6 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.74 Bn | 4.54 Bn | 597.25 Mn | 145.67 Mn |
| 2 | Helmerich & Payne | 4.43 Bn | 4.29 Bn | 349.94 Mn | 328.17 Mn |
| 3 | Nabors Industries | 1.45 Bn | 1.44 Bn | 309.38 Mn | 89.01 Mn |
| 4 | Precision Drilling | 1.16 Bn | 1.12 Bn | 89.29 Mn | 39.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 328.17 Mn |
| Mar 31, 2026 | 327.68 Mn |
| Dec 31, 2025 | 324.57 Mn |
| Sep 30, 2025 | 327.16 Mn |
| Jun 30, 2025 | 325.80 Mn |
| Mar 31, 2025 | 224.45 Mn |
| Dec 31, 2024 | 122.59 Mn |
| Sep 30, 2024 | 116.60 Mn |
| Jun 30, 2024 | 111.26 Mn |
| Mar 31, 2024 | 104.31 Mn |
| Dec 31, 2023 | 97.82 Mn |
| Sep 30, 2023 | 97.76 Mn |
| Jun 30, 2023 | 100.35 Mn |
| Mar 31, 2023 | 95.08 Mn |
| Dec 31, 2022 | 89.36 Mn |
| Sep 30, 2022 | 87.02 Mn |
| Jun 30, 2022 | 84.84 Mn |
| Mar 31, 2022 | 85.43 Mn |
| Dec 31, 2021 | 85.66 Mn |
| Sep 30, 2021 | 87.30 Mn |