Helmerich & Payne (HP) Payables (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Payables of $202.6 million for Q1 2026, down 32.01% year-over-year from $298.0 million in Q1 2025, and down 5.2% quarter-over-quarter from $213.7 million in Q4 2025.
Helmerich & Payne (HP) Payables (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Payables for 18 consecutive years, with $202.6 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Payables fell 32.01% year-over-year to $202.6 million; the TTM figure through Mar 2026 stood at $202.6 million (down 32.01% YoY), while the FY2025 annual figure was $243.1 million, up 51.85% from the prior year.
- Payables slipped to $202.6 million in Q1 2026 per HP's latest filing, from $213.7 million in the prior quarter.
- Across five years, Payables topped out at $298.0 million in Q1 2025 and bottomed at $131.8 million in Q1 2022.
- Historically, Payables has averaged $197.3 million across 5 years, with a median of $200.3 million in 2024.
- Annual changes were most pronounced in 2022 — Payables surged 60.26% — and 2026, when it sank 32.01%.
- Helmerich & Payne's Payables stood at $197.3 million in 2022, then advanced by 1.02% to $199.3 million in 2023, then decreased by 12.74% to $173.9 million in 2024, then grew by 22.9% to $213.7 million in 2025, then dropped by 5.2% to $202.6 million in 2026.
- Business Quant data shows HP's Payables at $202.6 million in Q1 2026, $213.7 million in Q4 2025, and $243.1 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Noble | 7.46 Bn | 7.01 Bn | 273.38 Mn | 323.96 Mn |
| 2 | Transocean | 6.71 Bn | 5.91 Bn | 358.00 Mn | 283.00 Mn |
| 3 | Patterson Uti Energy | 4.63 Bn | 4.43 Bn | 597.25 Mn | 513.17 Mn |
| 4 | Helmerich & Payne | 4.39 Bn | 4.16 Bn | 349.94 Mn | 232.78 Mn |
| 5 | Seadrill | 2.96 Bn | 2.60 Bn | 234.00 Mn | 72.00 Mn |
| 6 | Borr Drilling | 1.36 Bn | 1.14 Bn | - | 61.60 Mn |
| 7 | Nabors Industries | 1.30 Bn | 792.72 Mn | 309.38 Mn | 365.47 Mn |
| 8 | Precision Drilling | 1.15 Bn | 1.10 Bn | 89.29 Mn | 218.74 Mn |
| 9 | Valaris | 886.35 Mn | 345.15 Mn | 123.70 Mn | 416.00 Mn |
| 10 | Sable Offshore | 777.33 Mn | 755.73 Mn | - | 443.43 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 232.78 Mn |
| Mar 31, 2026 | 202.61 Mn |
| Dec 31, 2025 | 213.73 Mn |
| Sep 30, 2025 | 243.12 Mn |
| Jun 30, 2025 | 266.07 Mn |
| Mar 31, 2025 | 298.00 Mn |
| Dec 31, 2024 | 173.91 Mn |
| Sep 30, 2024 | 160.11 Mn |
| Jun 30, 2024 | 200.90 Mn |
| Mar 31, 2024 | 200.34 Mn |
| Dec 31, 2023 | 199.30 Mn |
| Sep 30, 2023 | 156.05 Mn |
| Jun 30, 2023 | 200.57 Mn |
| Mar 31, 2023 | 210.50 Mn |
| Dec 31, 2022 | 197.28 Mn |
| Sep 30, 2022 | 153.66 Mn |
| Jun 30, 2022 | 146.67 Mn |
| Mar 31, 2022 | 131.82 Mn |
| Dec 31, 2021 | 135.83 Mn |
| Sep 30, 2021 | 99.33 Mn |