Helmerich & Payne (HP) Inventory Average (2009 - 2026)
Helmerich & Payne (HP) reported Inventory Average of $327.7 million for Q1 2026, up 45.99% year-over-year from $224.5 million in Q1 2025, and up 0.96% quarter-over-quarter from $324.6 million in Q4 2025.
Helmerich & Payne (HP) Inventory Average (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has 18 years of Inventory Average data on file, last reported at $327.7 million in Q1 2026.
- Inventory Average for Q1 2026 came in at $327.7 million, up 45.99% year-over-year; the trailing twelve-month figure through Mar 2026 was $327.7 million (up 45.99% YoY), and the FY2025 annual result was $221.1 million, up 108.48% from the prior year.
- Inventory Average climbed to $327.7 million in Q1 2026 per HP's latest filing, from $324.6 million in the prior quarter.
- Over five years, Inventory Average peaked at $327.7 million in Q1 2026 and troughed at $84.8 million in Q2 2022.
- A 5-year average of $160.1 million and a median of $104.3 million in 2024 frame the typical range for Inventory Average.
- The sharpest annual moves came in 2022 and 2025: Inventory Average decreased 12.76% in 2022, then surged 192.83% in 2025.
- A 5-year view of Inventory Average shows it stood at $89.4 million in 2022, then climbed by 9.47% to $97.8 million in 2023, then increased by 25.31% to $122.6 million in 2024, then soared by 164.77% to $324.6 million in 2025, then grew by 0.96% to $327.7 million in 2026.
- Business Quant data shows HP's Inventory Average at $327.7 million in Q1 2026, $324.6 million in Q4 2025, and $327.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn | 37.00 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | - |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 380.50 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | 155.44 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | 327.68 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | - |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | 9.19 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | 92.47 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 | 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 |
| Jun 30, 2021 | 93.52 Mn |