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Helmerich & Payne (HP) Other Gross PP&E Adjustments (2009 - 2026)

Helmerich & Payne (HP) reported Other Gross PP&E Adjustments of -$27.4 billion for Q1 2026, down 392.54% year-over-year from $9.4 billion in Q1 2025, and down 406.16% on a QoQ basis from $8.9 billion in Q4 2025.

Helmerich & Payne (HP) has 18 years of Other Gross PP&E Adjustments data on file, last reported at -$27.4 billion in Q1 2026.

  • Quarterly Other Gross PP&E Adjustments fell 392.54% year-over-year to -$27.4 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$27.4 billion (down 392.54% YoY) and the FY2025 annual result came in at $9.5 billion, up 21.64% from the prior year.
  • Other Gross PP&E Adjustments retreated to -$27.4 billion in Q1 2026 per HP's latest filing, from $8.9 billion in the prior quarter.
  • Across five years, Other Gross PP&E Adjustments topped out at $9.5 billion in Q3 2025 and bottomed at -$27.4 billion in Q1 2026.
  • The 5-year median for Other Gross PP&E Adjustments is $7.6 billion (2023), against an average of $5.9 billion.
  • The widest annual swing landed in 2025, when Other Gross PP&E Adjustments gained 21.9%; it then plunged 392.54% in 2026.
  • Tracing HP's Other Gross PP&E Adjustments over 5 years: stood at $7.4 billion in 2022, then rose by 2.76% to $7.6 billion in 2023, then gained by 3.02% to $7.8 billion in 2024, then climbed by 14.09% to $8.9 billion in 2025, then plunged by 406.16% to -$27.4 billion in 2026.
  • Per Business Quant, the three latest HP Other Gross PP&E Adjustments figures stand at -$27.4 billion (Q1 2026), $8.9 billion (Q4 2025), and $9.5 billion (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Other Gross PP&E Adjustments (Qtr)
1 Precision Drilling 157.47 Bn 157.41 Bn 120.82 Mn -25.06 Mn
2 Noble 8.34 Bn 7.67 Bn 755.58 Mn 6.73 Bn
3 Transocean 7.55 Bn 6.94 Bn 475.00 Mn 17.47 Bn
4 Patterson Uti Energy 4.63 Bn 4.30 Bn 535.85 Mn 8.78 Bn
5 Helmerich & Payne 3.96 Bn 3.86 Bn 907.56 Mn -27.36 Bn
6 Seadrill 3.20 Bn 2.87 Bn 177.00 Mn -
7 Sable Offshore 2.10 Bn 2.05 Bn -66.76 Mn -1.61 Bn
8 Nabors Industries 1.49 Bn 1.37 Bn 290.08 Mn -2.36 Mn
9 Borr Drilling 1.48 Bn 1.10 Bn - 11.30 Mn

Historic Data

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DateValue
Mar 31, 2026 -27.36 Bn
Mar 31, 2026 -27.36 Bn
Dec 31, 2025 8.94 Bn
Dec 31, 2025 8.94 Bn
Sep 30, 2025 9.46 Bn
Sep 30, 2025 9.46 Bn
Jun 30, 2025 9.39 Bn
Jun 30, 2025 9.39 Bn
Mar 31, 2025 9.35 Bn
Mar 31, 2025 9.35 Bn
Dec 31, 2024 7.83 Bn
Dec 31, 2024 7.83 Bn
Sep 30, 2024 7.77 Bn
Sep 30, 2024 7.77 Bn
Jun 30, 2024 7.75 Bn
Jun 30, 2024 7.75 Bn
Mar 31, 2024 7.67 Bn
Mar 31, 2024 7.67 Bn
Dec 31, 2023 7.60 Bn
Dec 31, 2023 7.60 Bn
Sep 30, 2023 7.50 Bn
Sep 30, 2023 7.50 Bn
Jun 30, 2023 7.49 Bn
Jun 30, 2023 7.49 Bn
Mar 31, 2023 7.45 Bn
Mar 31, 2023 7.45 Bn
Dec 31, 2022 7.40 Bn
Dec 31, 2022 7.40 Bn
Sep 30, 2022 7.44 Bn
Sep 30, 2022 7.44 Bn
Jun 30, 2022 7.38 Bn
Jun 30, 2022 7.38 Bn
Mar 31, 2022 7.32 Bn
Mar 31, 2022 7.32 Bn
Dec 31, 2021 7.29 Bn
Dec 31, 2021 7.29 Bn
Sep 30, 2021 7.30 Bn
Sep 30, 2021 7.30 Bn
Jun 30, 2021 7.56 Bn
Jun 30, 2021 7.56 Bn
Mar 31, 2021 7.59 Bn
Mar 31, 2021 7.59 Bn
Dec 31, 2020 8.39 Bn
Dec 31, 2020 8.39 Bn
Sep 30, 2020 8.44 Bn
Sep 30, 2020 8.44 Bn
Jun 30, 2020 8.51 Bn
Jun 30, 2020 8.51 Bn
Mar 31, 2020 8.52 Bn
Mar 31, 2020 8.52 Bn
Dec 31, 2019 8.97 Bn
Dec 31, 2019 8.97 Bn
Sep 30, 2019 9.16 Bn
Sep 30, 2019 9.16 Bn
Jun 30, 2019 9.19 Bn
Jun 30, 2019 9.19 Bn
Mar 31, 2019 9.38 Bn
Mar 31, 2019 9.38 Bn
Dec 31, 2018 9.28 Bn
Dec 31, 2018 9.28 Bn
Sep 30, 2018 9.14 Bn
Sep 30, 2018 9.14 Bn
Sep 30, 2017 516.04 Mn
Sep 30, 2017 516.04 Mn
Sep 30, 2016 7.94 Bn
Sep 30, 2016 7.94 Bn
Sep 30, 2015 523.27 Mn
Sep 30, 2015 523.27 Mn
Sep 30, 2014 7.26 Bn
Sep 30, 2014 7.26 Bn
Sep 30, 2013 374.06 Mn
Sep 30, 2013 374.06 Mn
Sep 30, 2012 346.99 Mn
Sep 30, 2012 346.99 Mn
Sep 30, 2011 273.37 Mn
Sep 30, 2011 273.37 Mn
Sep 30, 2010 4.35 Bn
Sep 30, 2010 4.35 Bn
Sep 30, 2009 230.21 Mn
Sep 30, 2009 230.21 Mn