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
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