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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% on a QoQ basis from $324.6 million in Q4 2025.

Helmerich & Payne (HP) has 18 years of Inventory Average data on file, last reported at $327.7 million in Q1 2026.

  • Quarterly Inventory Average rose 45.99% year-over-year to $327.7 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $327.7 million (up 45.99% YoY) and the FY2025 annual result came in at $221.1 million, up 108.48% from the prior year.
  • Inventory Average improved to $327.7 million in Q1 2026 per HP's latest filing, from $324.6 million in the prior quarter.
  • Across five years, Inventory Average topped out at $327.7 million in Q1 2026 and bottomed at $84.8 million in Q2 2022.
  • The 5-year median for Inventory Average is $104.3 million (2024), against an average of $160.1 million.
  • The widest annual swing landed in 2022, when Inventory Average fell 12.76%; it then soared 192.83% in 2025.
  • Tracing HP's Inventory Average over 5 years: stood at $89.4 million in 2022, then gained by 9.47% to $97.8 million in 2023, then climbed by 25.31% to $122.6 million in 2024, then jumped by 164.77% to $324.6 million in 2025, then advanced by 0.96% to $327.7 million in 2026.
  • Per Business Quant, the three latest HP Inventory Average figures stand at $327.7 million (Q1 2026), $324.6 million (Q4 2025), and $327.2 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn 37.00 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn -
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 380.50 Mn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 155.44 Mn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn 327.68 Mn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn 9.19 Mn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn 92.47 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - -

Historic Data

Download Data 🔒
DateValue
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
Mar 31, 2021 97.93 Mn
Dec 31, 2020 101.77 Mn
Sep 30, 2020 108.61 Mn
Jun 30, 2020 112.75 Mn
Mar 31, 2020 130.58 Mn
Dec 31, 2019 149.17 Mn
Sep 30, 2019 149.89 Mn
Jun 30, 2019 155.83 Mn
Mar 31, 2019 160.76 Mn
Dec 31, 2018 159.06 Mn
Sep 30, 2018 155.12 Mn
Jun 30, 2018 147.64 Mn
Mar 31, 2018 141.12 Mn
Dec 31, 2017 138.14 Mn
Sep 30, 2017 137.80 Mn
Jun 30, 2017 135.04 Mn
Mar 31, 2017 128.88 Mn
Dec 31, 2016 125.20 Mn
Sep 30, 2016 126.61 Mn
Jun 30, 2016 129.27 Mn
Mar 31, 2016 128.45 Mn
Dec 31, 2015 127.89 Mn
Mar 31, 2015 117.52 Mn
Dec 31, 2014 108.51 Mn
Sep 30, 2014 106.25 Mn
Jun 30, 2014 103.04 Mn
Mar 31, 2014 98.58 Mn
Dec 31, 2013 93.10 Mn
Sep 30, 2013 87.73 Mn
Jun 30, 2013 84.66 Mn
Mar 31, 2013 80.64 Mn
Dec 31, 2012 78.66 Mn
Sep 30, 2012 74.60 Mn
Jun 30, 2012 65.91 Mn
Mar 31, 2012 60.16 Mn
Dec 31, 2011 56.66 Mn
Sep 30, 2011 51.66 Mn
Jun 30, 2011 47.38 Mn
Mar 31, 2011 44.80 Mn
Dec 31, 2010 43.58 Mn
Sep 30, 2010 43.45 Mn
Jun 30, 2010 44.70 Mn
Mar 31, 2010 46.14 Mn
Dec 31, 2009 42.96 Mn
Sep 30, 2009 42.61 Mn