Helmerich & Payne (HP) Prepaid Assets (2009 - 2026)
Helmerich & Payne (HP) reported 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 18 years of Prepaid Assets data on file, last reported at $82.4 million in Q1 2026.
- Prepaid Assets for Q1 2026 came in at $82.4 million, down 31.92% year-over-year; the trailing twelve-month figure through Mar 2026 was $82.4 million (down 31.92% YoY), and the FY2025 annual result was $97.5 million, up 27.61% from the prior year.
- Prepaid Assets fell to $82.4 million in Q1 2026 per HP's latest filing, from $85.0 million in the prior quarter.
- Over five years, Prepaid Assets peaked at $121.0 million in Q1 2025 and troughed at $2.0 million in Q3 2023.
- A 5-year average of $78.5 million and a median of $83.5 million in 2022 frame the typical range for Prepaid Assets.
- The sharpest annual moves came in 2022 and 2024: Prepaid Assets tumbled 88.01% in 2022, then soared 3647.87% in 2024.
- A 5-year view of Prepaid Assets shows it stood at $83.5 million in 2022, then advanced by 5.48% to $88.1 million in 2023, then decreased by 19.51% to $70.9 million in 2024, then rose by 19.93% to $85.0 million in 2025, then declined 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Precision Drilling | 156.90 Bn | 156.84 Bn | 120.82 Mn |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 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| Date | Value |
|---|---|
| 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 | 76.42 Mn |
| Jun 30, 2024 | 71.52 Mn |
| Mar 31, 2024 | 64.32 Mn |
| Dec 31, 2023 | 88.08 Mn |
| Sep 30, 2023 | 2.04 Mn |
| Jun 30, 2023 | 86.37 Mn |
| Mar 31, 2023 | 80.09 Mn |
| Dec 31, 2022 | 83.51 Mn |
| Sep 30, 2022 | 8.10 Mn |
| Jun 30, 2022 | 103.59 Mn |
| Mar 31, 2022 | 97.38 Mn |
| Dec 31, 2021 | 80.96 Mn |
| Sep 30, 2021 | 67.58 Mn |
| Jun 30, 2021 | 91.48 Mn |