Helmerich & Payne (HP) Restructuring Costs (2020 - 2026)
Helmerich & Payne's (HP) quarterly Restructuring Costs came in at $1.7 million in Q2 2026, down 80.62% year-over-year from $8.6 million in Q2 2025, and down 42.02% quarter-over-quarter from $2.9 million in Q1 2026.
Analysis
Helmerich & Payne (HP) Restructuring Costs (2020 - 2026) Analysis & Trends
Helmerich & Payne (HP) has reported Restructuring Costs for 6 consecutive years, with $1.7 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Restructuring Costs fell 80.62% year-over-year to $1.7 million in Q2 2026; TTM through Jun 2026 was $13.6 million, a 75.87% decrease from a year earlier, with the FY2025 full-year figure at $54.7 million, up 264.68% from the prior year.
- Restructuring Costs was $1.7 million for Q2 2026 at Helmerich & Payne, down from $2.9 million in the prior quarter.
- Over five years, Restructuring Costs peaked at $29.9 million in Q1 2025 and troughed at $33000.0 in Q2 2022.
- A 4-year average of $6.5 million and a median of $4.5 million in 2025 frame the typical range for Restructuring Costs.
- Across the five-year window, Restructuring Costs slumped 98.44% in 2022 and surged 3218.56% in 2025, its largest moves.
- Over 4 years, Restructuring Costs stood at $33000.0 in 2022, then jumped by 31824.24% to $10.5 million in 2024, then plunged by 67.68% to $3.4 million in 2025, then slumped by 50.93% to $1.7 million in 2026.
- The last three Restructuring Costs figures came in at $1.7 million (Q2 2026), $2.9 million (Q1 2026), and $3.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Patterson Uti Energy | 4.87 Bn | 4.67 Bn | 597.25 Mn |
| 2 | Helmerich & Payne | 4.40 Bn | 4.16 Bn | 349.94 Mn |
| 3 | Nabors Industries | 1.27 Bn | 762.32 Mn | 309.38 Mn |
| 4 | Precision Drilling | 1.19 Bn | 1.14 Bn | 89.29 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.67 Mn |
| Mar 31, 2026 | 2.88 Mn |
| Dec 31, 2025 | 3.41 Mn |
| Sep 30, 2025 | 5.68 Mn |
| Jun 30, 2025 | 8.62 Mn |
| Mar 31, 2025 | 29.87 Mn |
| Dec 31, 2024 | 10.54 Mn |
| Sep 30, 2024 | 7.47 Mn |
| Jun 30, 2024 | 6.70 Mn |
| Mar 31, 2024 | 900,000.00 |
| Jun 30, 2022 | 33,000.00 |
| Mar 31, 2022 | 63,000.00 |
| Dec 31, 2021 | 742,000.00 |
| Sep 30, 2021 | 2.07 Mn |
| Jun 30, 2021 | 2.11 Mn |
| Mar 31, 2021 | 1.61 Mn |
| Dec 31, 2020 | 138,000.00 |
| Sep 30, 2020 | 552,000.00 |
| Jun 30, 2020 | 15.50 Mn |