Growth Metrics

Sable Offshore (SOC) Other Gross PP&E Adjustments (2023 - 2026)

Sable Offshore posted quarterly Other Gross PP&E Adjustments of -$1.6 billion for Q1 2026, down 25.64% year-on-year from -$2.2 billion in Q1 2025, and down 1.79% on a QoQ basis from -$1.6 billion in Q4 2025.

Sable Offshore (SOC) has 4 years of Other Gross PP&E Adjustments data on file, last reported at -$1.6 billion in Q1 2026.

  • For the quarter ending Q1 2026, Other Gross PP&E Adjustments fell 25.64% year-over-year to -$1.6 billion; the trailing twelve-month figure through Mar 2026 stood at -$5.9 billion (down 29.58% YoY), and the FY2025 full-year result was -$1.6 billion, down 30.65% from the prior year.
  • Other Gross PP&E Adjustments for Q1 2026 stood at -$1.6 billion, down from -$1.6 billion in the prior quarter.
  • Across five years, Other Gross PP&E Adjustments topped out at -$1.1 billion in Q1 2024 and bottomed at -$4.4 billion in Q4 2023.
  • The 4-year median for Other Gross PP&E Adjustments is -$1.4 billion (2025), against an average of -$1.6 billion.
  • The widest annual swing landed in 2024, when Other Gross PP&E Adjustments jumped 72.39%; it then sank 38.39% in 2025.
  • A 4-year view of Other Gross PP&E Adjustments shows it stood at -$4.4 billion in 2023, then surged by 72.39% to -$1.2 billion in 2024, then plunged by 30.65% to -$1.6 billion in 2025, then fell by 1.79% to -$1.6 billion in 2026.
  • The last three Other Gross PP&E Adjustments figures came in at -$1.6 billion (Q1 2026), -$1.6 billion (Q4 2025), and -$1.5 billion (Q3 2025), per Business Quant data.

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

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DateValue
Mar 31, 2026 -1.61 Bn
Mar 31, 2026 -1.61 Bn
Dec 31, 2025 -1.58 Bn
Dec 31, 2025 -1.58 Bn
Sep 30, 2025 -1.54 Bn
Sep 30, 2025 -1.54 Bn
Jun 30, 2025 -1.43 Bn
Jun 30, 2025 -1.43 Bn
Mar 31, 2025 -1.28 Bn
Mar 31, 2025 -1.28 Bn
Dec 31, 2024 -1.21 Bn
Dec 31, 2024 -1.21 Bn
Sep 30, 2024 -1.11 Bn
Sep 30, 2024 -1.11 Bn
Jun 30, 2024 -1.07 Bn
Jun 30, 2024 -1.07 Bn
Mar 31, 2024 -1.06 Bn
Mar 31, 2024 -1.06 Bn
Dec 31, 2023 -4.39 Bn
Dec 31, 2023 -4.39 Bn