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
Download Data| Date | Value |
|---|---|
| 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 |