Helmerich & Payne (HP) Prepaid Assets (2009 - 2026)
Helmerich & Payne (HP) posted quarterly Prepaid Assets of $82.4 million for Q1 2026, down 31.92% year-over-year from $121.0 million in Q1 2025, and down 3.14% quarter-over-quarter from $85.0 million in Q4 2025.
Helmerich & Payne (HP) Prepaid Assets (2009 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Prepaid Assets for 18 consecutive years, with $82.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Prepaid Assets fell 31.92% year-over-year to $82.4 million; the TTM figure through Mar 2026 stood at $82.4 million (down 31.92% YoY), while the FY2025 annual figure was $97.5 million, up 1911.1% from the prior year.
- Prepaid Assets eased to $82.4 million in Q1 2026 per HP's latest filing, from $85.0 million in the prior quarter.
- Across five years, Prepaid Assets topped out at $121.0 million in Q1 2025 and bottomed at $4.8 million in Q3 2024.
- Historically, Prepaid Assets has averaged $83.4 million across 5 years, with a median of $85.0 million in 2025.
- Annual changes were most pronounced in 2024 — Prepaid Assets slumped 95.04% — and 2025, when it soared 1911.1%.
- Helmerich & Payne's Prepaid Assets stood at $83.5 million in 2022, then climbed by 5.48% to $88.1 million in 2023, then slipped by 19.51% to $70.9 million in 2024, then gained by 19.93% to $85.0 million in 2025, then fell by 3.14% to $82.4 million in 2026.
- Business Quant data shows HP's Prepaid Assets at $82.4 million in Q1 2026, $85.0 million in Q4 2025, and $97.5 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Noble | 7.43 Bn | 6.98 Bn | 273.38 Mn |
| 2 | Transocean | 6.68 Bn | 5.88 Bn | 358.00 Mn |
| 3 | Patterson Uti Energy | 4.70 Bn | 4.50 Bn | 597.25 Mn |
| 4 | Helmerich & Payne | 4.37 Bn | 4.13 Bn | 349.94 Mn |
| 5 | Seadrill | 2.95 Bn | 2.59 Bn | 234.00 Mn |
| 6 | Borr Drilling | 1.39 Bn | 1.17 Bn | - |
| 7 | Nabors Industries | 1.32 Bn | 807.28 Mn | 309.38 Mn |
| 8 | Precision Drilling | 1.18 Bn | 1.14 Bn | 89.29 Mn |
| 9 | Valaris | 827.45 Mn | 286.25 Mn | 123.70 Mn |
| 10 | Sable Offshore | 774.26 Mn | 752.66 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 97.59 Mn |
| Mar 31, 2026 | 82.36 Mn |
| Dec 31, 2025 | 85.03 Mn |
| Sep 30, 2025 | 97.52 Mn |
| Jun 30, 2025 | 116.85 Mn |
| Mar 31, 2025 | 120.97 Mn |
| Dec 31, 2024 | 70.90 Mn |
| Sep 30, 2024 | 4.85 Mn |
| Jun 30, 2024 | 71.52 Mn |
| Mar 31, 2024 | 64.32 Mn |
| Dec 31, 2023 | 88.08 Mn |
| Sep 30, 2023 | 97.73 Mn |
| Jun 30, 2023 | 86.37 Mn |
| Mar 31, 2023 | 80.09 Mn |
| Dec 31, 2022 | 83.51 Mn |
| Sep 30, 2022 | 66.46 Mn |
| Jun 30, 2022 | 103.59 Mn |
| Mar 31, 2022 | 97.38 Mn |
| Dec 31, 2021 | 80.96 Mn |
| Sep 30, 2021 | 20.84 Mn |