What is Hornbeck Offshore Services, Inc.'s earnings per share (EPS)?

Hornbeck Offshore Services, Inc. (HOS) reported diluted earnings per share of $0.21 for fiscal year 2025. This represents a -41.7% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Hornbeck Offshore Services, Inc. (HOS) Financials

HOS

Trailing 12 months to June 30, 2026

Revenue $1.4B +10.3% YoY

Net Income $39.7M -20.8% YoY

EPS (Diluted) $0.27 -15.6% YoY

Free Cash Flow $235.4M +116.5% YoY

Market Cap $2.8B as of Sep 14, 2026

Price / Sales 2.1x on $1.4B revenue, trailing 12 months to June 30, 2026

Price / Earnings 70.0x on $39.7M net income, trailing 12 months to June 30, 2026

Price / Book 1.8x on $1.6B equity, Q2 FY2026

A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Sep 14, 2026; every other figure is from the SEC filings on this page. Not financial advice.

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 6, 2026 Currency USD FYE December

Newest figures come from the 10-Q for Q2 FY2026, filed Aug 6, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the HOS SEC filings page.

Hornbeck Offshore Services, Inc. (HOS) reported $1.4B in revenue over the twelve months to Jun 30, 2026, up 10.3% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Financial Health Score 57/100

Scored against operating companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Hornbeck Offshore Services, Inc.'s business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Hornbeck Offshore Services, Inc. has an operating margin of 5.0%, meaning the company retains $5 of operating profit per $100 of revenue. This results in a moderate score of 42/100, indicating healthy but not exceptional operating efficiency. This is down from 9.4% the prior year.

Growth

Hornbeck Offshore Services, Inc.'s revenue declined 4.9% year-over-year, from $1.4B to $1.3B. This contraction results in a growth score of 31/100.

Leverage

Hornbeck Offshore Services, Inc. carries a low D/E ratio of 0.19, meaning only $0.19 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 93/100, indicating a strong balance sheet with room for future borrowing.

Liquidity

With a current ratio of 2.75, Hornbeck Offshore Services, Inc. holds $2.75 in current assets for every $1 of short-term obligations. This comfortable liquidity earns a score of 75/100.

Cash Flow

Hornbeck Offshore Services, Inc. converts 9.3% of revenue into free cash flow ($120.4M). This strong cash generation earns a score of 67/100.

Returns

Hornbeck Offshore Services, Inc.'s ROE of 1.9% shows moderate profitability relative to equity, earning a score of 36/100. This is down from 3.7% the prior year.

Altman Z-Score Grey Zone

2.64

Hornbeck Offshore Services, Inc. scores 2.64, placing it in the grey zone between 1.81 and 2.99. The score is driven primarily by a large market capitalization ($2.8B) relative to total liabilities ($1.0B). This signals moderate financial risk that warrants monitoring.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Neutral

6/9

Hornbeck Offshore Services, Inc. passes 6 of 9 financial strength tests. 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed

4.44x

For every $1 of reported earnings, Hornbeck Offshore Services, Inc. generates $4.44 in operating cash flow ($136.7M OCF vs $30.8M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

1.98x

Hornbeck Offshore Services, Inc. earns $1.98 in operating income for every $1 of interest expense ($65.1M vs $33.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

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Earnings & Revenue

Revenue

$304.0M

YoY+20.8%

QoQ+5.6%

5Y CAGR+13.4%

10Y CAGR+11.0%

Hornbeck Offshore Services, Inc. generated $304.0M in revenue in Q2 2026. This represents an increase of 20.8% from the same quarter a year earlier. Against the prior quarter it is up 5.6%.

EBITDA

$66.2M

YoY+81.6%

QoQ+116.6%

5Y CAGR+22.5%

Hornbeck Offshore Services, Inc.'s EBITDA was $66.2M in Q2 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 81.6% from the same quarter a year earlier. Against the prior quarter it is up 116.6%.

Net Income

$22.7M

YoY+974.5%

QoQ+269.5%

Hornbeck Offshore Services, Inc. reported $22.7M in net income in Q2 2026. This represents an increase of 974.5% from the same quarter a year earlier. Against the prior quarter it is up 269.5%.

EPS (Diluted)

$0.15

YoY+850.0%

QoQ+266.7%

Hornbeck Offshore Services, Inc. earned $0.15 per diluted share (EPS) in Q2 2026. This represents an increase of 850.0% from the same quarter a year earlier. Against the prior quarter it is up 266.7%.

Cash & Balance Sheet

Free Cash Flow

$46.7M

YoY+320.1%

QoQ-20.8%

5Y CAGR-0.2%

Hornbeck Offshore Services, Inc. generated $46.7M in free cash flow in Q2 2026, representing cash available after capex. This represents an increase of 320.1% from the same quarter a year earlier. Against the prior quarter it is down 20.8%.

Cash & Debt

$652.2M

YoY+104.0%

QoQ+30.1%

5Y CAGR+21.7%

10Y CAGR+2.9%

Hornbeck Offshore Services, Inc. held $652.2M in cash against $294.8M in long-term debt as of Q2 2026.

Shares Outstanding

147M

YoY+0.3%

QoQ+0.1%

5Y CAGR-0.5%

10Y CAGR+2.7%

Hornbeck Offshore Services, Inc. had 147M shares outstanding in Q2 2026. This represents an increase of 0.3% from the same quarter a year earlier. Against the prior quarter it is up 0.1%.

Dividends Per Share

Not reported for Q2 2026.

Margins & Returns

Gross Margin

18.5%

YoY+13.1pp

QoQ+15.4pp

5Y change+16.6pp

10Y change+13.2pp

Hornbeck Offshore Services, Inc.'s gross margin was 18.5% in Q2 2026, indicating the percentage of revenue retained after direct costs. This is up 13.1 percentage points from the same quarter a year earlier. Against the prior quarter it is up 15.4 percentage points.

Operating Margin

8.8%

YoY+10.0pp

QoQ+13.4pp

5Y change+15.6pp

Hornbeck Offshore Services, Inc.'s operating margin was 8.8% in Q2 2026, reflecting core business profitability. This is up 10.0 percentage points from the same quarter a year earlier. Against the prior quarter it is up 13.4 percentage points.

Net Margin

7.5%

YoY+8.5pp

QoQ+12.1pp

5Y change+15.9pp

10Y change+17.4pp

Hornbeck Offshore Services, Inc.'s net profit margin was 7.5% in Q2 2026, showing the share of revenue converted to profit. This is up 8.5 percentage points from the same quarter a year earlier. Against the prior quarter it is up 12.1 percentage points.

Return on Equity

1.4%

YoY+1.6pp

QoQ+2.3pp

5Y change+2.2pp

10Y change+2.3pp

Hornbeck Offshore Services, Inc.'s ROE was 1.4% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 1.6 percentage points from the same quarter a year earlier. Against the prior quarter it is up 2.3 percentage points.

Capital Allocation

Capital Expenditures

$7.2M

YoY+75.4%

QoQ+155.3%

5Y CAGR+5.7%

10Y CAGR-14.6%

Hornbeck Offshore Services, Inc. invested $7.2M in capex in Q2 2026, funding long-term assets and infrastructure. This represents an increase of 75.4% from the same quarter a year earlier. Against the prior quarter it is up 155.3%.

R&D Spending

Not reported for Q2 2026.

Share Buybacks

Not reported for Q2 2026.

HOS Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

HOS quarterly income statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Revenue	$1.4B	$1.3B-4.9%	$1.4B+5.3%	$1.3B+47.7%	$873.1M+29.4%	$674.7M-8.0%	$733.6M-2.4%	$751.9M+1.6%	$739.8M+27.3%	$581.4M+19.2%	$487.6M-29.9%	$695.8M-37.2%	$1.1B+26.3%	$876.6M+3.6%	$846.1M+20.5%	$702.0M
Cost of Revenue	$1.2B	$1.1B-0.6%	$1.1B+4.6%	$1.1B+32.4%	$822.5M+24.7%	$659.3M+0.9%	$653.6M+6.4%	$614.1M-0.7%	$618.1M+19.1%	$519.2M+17.7%	$441.1M-52.6%	$929.6M+21.8%	$763.1M+23.9%	$615.9M-22.6%	$796.2M+44.2%	$552.3M
Gross Profit	$183.2M	$159.1M-27.5%	$219.6M+9.6%	$200.4M+295.8%	$50.6M+228.8%	$15.4M-80.7%	$79.9M-42.0%	$137.8M+13.3%	$121.7M+95.7%	$62.2M+33.6%	$46.5M+119.9%	-$233.8M-168.0%	$344.0M+32.0%	$260.7M+422.3%	$49.9M-66.7%	$149.7M
SG&A Expenses	$83.4M	$75.9M-17.1%	$91.7M-2.9%	$94.4M+23.0%	$76.8M+21.0%	$63.4M+3.9%	$61.1M-12.5%	$69.8M-0.6%	$70.3M+11.1%	$63.3M-4.1%	$65.9M+15.1%	$57.3M-38.1%	$92.5M+12.5%	$82.3M-12.9%	$94.4M+9.0%	$86.6M
Operating Income	$73.4M	$65.1M-48.9%	$127.4M+100.7%	$63.5M+241.6%	-$44.9M+7.9%	-$48.7M-473.8%	$13.0M-80.8%	$68.0M+31.9%	$51.5M+4661.3%	-$1.1M+98.2%	-$63.2M+79.4%	-$307.4M-217.4%	$261.8M+46.2%	$179.0M+361.4%	-$68.5M-208.6%	$63.0M
EBITDA	N/A	$252.5M-16.0%	$300.7M+32.1%	$227.6M+132.7%	$97.8M+5.4%	$92.8M-36.7%	$146.7M-18.8%	$180.7M+11.5%	$162.1M+50.6%	$107.6M+111.2%	$51.0M+127.3%	-$187.0M-150.4%	$371.1M+33.7%	$277.6M+866.5%	$28.7M-81.4%	$154.2M
Interest Expense	$33.0M	$33.0M-2.7%	$33.9M+58.7%	$21.4M+5.9%	$20.2M-14.1%	$23.5M-23.1%	$30.5M-2.1%	$31.2M-4.4%	$32.6M-14.8%	$38.3M-15.2%	$45.1M+12.7%	$40.0M+21.1%	$33.1M-25.7%	$44.5M-17.0%	$53.6M-26.4%	$72.8M
Income Tax	$18.9M	$11.7M-55.9%	$26.4M+44.0%	$18.4M+45.6%	$12.6M+240.7%	-$9.0M+52.1%	-$18.7M-338.0%	$7.9M+227.5%	$2.4M+104.8%	-$50.4M-304.4%	-$12.5M+87.7%	-$101.2M-251.1%	$67.0M+111.9%	$31.6M+153.4%	-$59.2M-60.7%	-$36.8M
Net Income	$39.7M	$30.8M-44.6%	$55.6M+613.4%	-$10.8M+87.7%	-$87.8M-42.7%	-$61.5M-377.5%	$22.2M-61.7%	$57.9M+102.5%	$28.6M-4.8%	$30.1M+136.9%	-$81.4M+78.4%	-$377.0M-292.8%	$195.6M+73.0%	$113.0M+344.2%	-$46.3M-135.6%	$130.0M
EPS (Basic)	N/A	$0.21-43.2%	$0.37+628.6%	-$0.07+87.9%	-$0.58-41.5%	-$0.41-415.4%	$0.13-66.7%	$0.39+105.3%	$0.19-5.0%	$0.20+127.4%	-$0.73+79.6%	-$3.58-293.5%	$1.85+77.9%	$1.04+336.4%	-$0.44-135.8%	$1.23
EPS (Diluted)	$0.27	$0.21-41.7%	$0.36+614.3%	-$0.07+87.9%	-$0.58-41.5%	-$0.41-415.4%	$0.13-65.8%	$0.38+100.0%	$0.19-5.0%	$0.20+127.4%	-$0.73+79.6%	-$3.58-293.5%	$1.85+77.9%	$1.04+336.4%	-$0.44-135.8%	$1.23
Diluted Shares (Avg)	N/A	148M-4.0%	155M+2.5%	151M-0.2%	151M+0.8%	150M+0.1%	150M+0.2%	150M+1.9%	147M+1.1%	145M+30.2%	112M+5.9%	105M+0.4%	105M-0.1%	105M+0.7%	104M-0.5%	105M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Revenue	$304.0M+20.8%	$287.9M+3.6%	$384.8M+8.3%	$377.0M+10.1%	$251.7M-31.0%	$278.1M-6.1%	$355.1M+6.0%	$342.4M-13.5%
Cost of Revenue	$247.8M+4.0%	$279.1M+11.4%	$332.6M+12.3%	$310.9M+12.4%	$238.2M-17.7%	$250.5M-9.4%	$296.3M+3.6%	$276.8M-12.2%
Gross Profit	$56.2M+317.7%	$8.8M-67.9%	$52.1M-11.4%	$66.0M+0.5%	$13.5M-82.2%	$27.5M+40.8%	$58.9M+19.4%	$65.7M-18.5%
SG&A Expenses	$21.1M+28.2%	$22.1M+14.3%	$21.9M-20.5%	$18.2M-14.0%	$16.5M-26.0%	$19.4M-6.4%	$27.6M+19.9%	$21.1M-24.1%
Operating Income	$26.7M+978.2%	-$13.3M-262.9%	$12.2M-60.6%	$47.9M+7.2%	-$3.0M-105.7%	$8.2M+740.4%	$30.9M+100.8%	$44.6M+23.2%
EBITDA	$66.2M+81.6%	$30.5M-39.7%	$61.9M-13.3%	$103.5M+18.2%	$36.4M-62.3%	$50.7M+12.4%	$71.4M+20.1%	$87.5M+10.2%
Interest Expense	$8.3M+0.9%	$8.2M-0.5%	$8.2M-0.8%	$8.2M-2.1%	$8.3M-1.8%	$8.2M-6.1%	$8.3M+22.1%	$8.4M+74.2%
Income Tax	$7.1M+291.8%	-$3.2M-795.8%	-$4.2M-209.4%	$19.2M+101.4%	-$3.7M-125.3%	$453K+126.7%	$3.9M-55.5%	$9.5M+14.2%
Net Income	$22.7M+974.5%	-$13.4M-536.4%	$8.3M-58.9%	$22.1M-25.2%	-$2.6M-108.0%	$3.1M+111.7%	$20.1M+171.0%	$29.5M+89.7%
EPS (Basic)	$0.15+850.0%	-$0.09-550.0%	$0.06-57.1%	$0.15-21.1%	-$0.02-109.5%	$0.02+111.8%	$0.14+173.7%	$0.19+90.0%
EPS (Diluted)	$0.15+850.0%	-$0.09-550.0%	$0.06-53.8%	$0.15-21.1%	-$0.02-109.5%	$0.02+111.8%	$0.13+172.2%	$0.19+90.0%
Diluted Shares (Avg)	148M-0.3%	147M-3.3%	N/A	148M-4.6%	149M-4.2%	152M-0.1%	N/A	155M+0.8%

Not reported in any period shown, so not listed: R&D Expenses.

HOS Balance Sheet

HOS quarterly balance sheet

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Total Assets	$2.6B+0.7%	$2.6B+1.6%	$2.6B+7.0%	$2.4B+2.7%	$2.3B-6.9%	$2.5B-3.8%	$2.6B+10.6%	$2.3B-0.6%	$2.4B+5.2%	$2.2B-6.4%	$2.4B-11.1%	$2.7B+6.1%	$2.5B-24.9%	$3.4B-5.5%	$3.6B
Current Assets	$825.0M+16.2%	$709.7M+1.7%	$697.8M+51.5%	$460.6M-13.0%	$529.5M+0.7%	$525.6M+19.9%	$438.5M-2.8%	$450.9M-0.2%	$451.6M-13.6%	$522.8M-23.6%	$684.0M-1.5%	$694.3M-6.6%	$743.6M-7.5%	$804.1M-14.8%	$944.2M
Cash & Equivalents	$418.3M+13.7%	$368.0M+10.8%	$332.2M+78.0%	$186.6M-26.4%	$253.5M-13.0%	$291.3M+39.8%	$208.4M-25.4%	$279.5M+4.8%	$266.6M-25.3%	$356.6M-27.8%	$494.2M+3.7%	$476.5M-0.4%	$478.2M+9.4%	$437.1M-20.0%	$546.5M
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$240.6M-7.0%	$258.6M-7.8%	$280.4M+31.8%	$212.8M+47.6%	$144.1M+9.0%	$132.2M+5.4%	$125.5M+84.7%	$67.9M-40.1%	$113.3M+11.3%	$101.8M+33.5%	$76.3M-27.2%	$104.7M-33.3%	$156.9M+3.1%	$152.2M+2.9%	$147.9M
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Goodwill	N/A	N/A	N/A	N/A	N/A	$0-100.0%	$7.2M	$0	N/A	$0-100.0%	$45.1M-27.4%	$62.1M-1.7%	$63.2M+0.5%	$62.9M+1.2%	$62.2M
Total Liabilities	$1.0B-3.8%	$1.1B+2.1%	$1.1B+20.9%	$872.6M+28.6%	$678.6M-10.0%	$753.9M-15.6%	$893.7M+22.4%	$730.0M-8.2%	$795.4M-17.6%	$965.1M-13.9%	$1.1B+7.0%	$1.0B+2.7%	$1.0B-48.1%	$2.0B-7.7%	$2.1B
Current Liabilities	$299.7M-1.6%	$304.4M-32.1%	$448.6M+50.6%	$298.0M+7.1%	$278.3M-0.4%	$279.3M-2.0%	$285.0M+48.8%	$191.5M-27.9%	$265.6M+42.5%	$186.4M-11.6%	$210.9M-6.5%	$225.6M+18.6%	$190.2M-58.0%	$453.0M+14.4%	$396.2M
Non-Current Liabilities	$736.3M-4.7%	$772.9M+27.5%	$606.4M+5.5%	$574.7M+43.6%	$400.3M-15.7%	$474.6M-22.0%	$608.7M+13.0%	$538.5M+1.6%	$529.8M-32.0%	$778.7M-14.4%	$910.1M+10.8%	$821.6M-1.0%	$830.0M-45.2%	$1.5B-12.8%	$1.7B
Long-Term Debt	$298.4M-2.5%	$306.0M-2.4%	$313.4M+38.8%	$225.9M-13.8%	$262.1M+1.2%	$258.9M-15.4%	$306.1M-22.1%	$393.1M+1.9%	$385.8M-30.9%	$558.4M-17.6%	$677.7M+29.5%	$523.2M-4.1%	$545.8M-45.6%	$1.0B-12.6%	$1.1B
Total Equity	$1.6B+4.0%	$1.5B+1.3%	$1.5B-1.0%	$1.5B-7.9%	$1.6B-5.3%	$1.7B+2.4%	$1.7B+5.1%	$1.6B+3.2%	$1.6B+22.3%	$1.3B+0.2%	$1.3B-22.6%	$1.7B+10.3%	$1.5B+7.6%	$1.4B-2.0%	$1.4B
Retained Earnings	$398.9M+8.4%	$368.1M+17.8%	$312.4M-3.4%	$323.3M-21.4%	$411.1M-11.5%	$464.5M+4.3%	$445.4M+16.3%	$383.0M+8.5%	$352.9M+9.3%	$322.9M-20.1%	$404.3M-48.3%	$781.3M+33.3%	$586.2M+23.1%	$476.3M-8.9%	$522.6M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Total Assets	$2.6B-3.8%	$2.6B-2.5%	$2.6B+0.7%	$2.6B-1.1%	$2.7B+2.9%	$2.6B+0.8%	$2.6B+1.6%	$2.7B+9.3%
Current Assets	$939.5M+23.5%	$819.3M+11.3%	$825.0M+16.2%	$798.2M+15.0%	$760.4M+21.9%	$736.2M+21.5%	$709.7M+1.7%	$693.9M+25.0%
Cash & Equivalents	$652.2M+104.0%	$501.3M+35.5%	$418.3M+13.7%	$338.0M+4.3%	$319.7M+16.2%	$370.0M+14.2%	$368.0M+10.8%	$324.1M+92.5%
Short-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Accounts Receivable	$204.9M-37.5%	$230.1M-11.0%	$240.6M-7.0%	$359.6M+32.8%	$327.9M+15.6%	$258.5M+17.6%	$258.6M-7.8%	$270.9M-12.1%
Long-Term Investments	$0	$0	$0	$0	$0	$0	$0	$0
Total Liabilities	$986.4M-10.6%	$1.0B-7.2%	$1.0B-3.8%	$1.1B-3.1%	$1.1B+0.3%	$1.1B-5.0%	$1.1B+2.1%	$1.1B+20.6%
Current Liabilities	$271.1M-22.1%	$281.1M-13.1%	$299.7M-1.6%	$314.1M+3.6%	$348.0M+15.9%	$323.4M-7.1%	$304.4M-32.1%	$303.2M-22.3%
Non-Current Liabilities	$715.2M-5.4%	$730.2M-4.7%	$736.3M-4.7%	$742.9M-5.6%	$755.8M-5.5%	$766.4M-4.1%	$772.9M+27.5%	$787.4M+53.2%
Long-Term Debt	$294.8M-2.5%	$294.4M-2.4%	$298.4M-2.5%	$297.8M-2.5%	$302.2M-2.4%	$301.7M-2.4%	$306.0M-2.4%	$305.5M+39.8%
Total Equity	$1.6B+0.9%	$1.6B+0.8%	$1.6B+4.0%	$1.6B+0.3%	$1.6B+4.8%	$1.5B+5.3%	$1.5B+1.3%	$1.6B+2.6%
Retained Earnings	$408.2M+10.8%	$385.5M+3.9%	$398.9M+8.4%	$390.6M+12.3%	$368.6M+15.7%	$371.2M+29.7%	$368.1M+17.8%	$348.0M+2.1%

Not reported in any period shown, so not listed: Inventory, Goodwill.

HOS Cash Flow Statement

HOS quarterly cash flow statement

Metric	TTM	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Operating Cash Flow	$253.1M	$136.7M-26.5%	$186.0M+22.0%	$152.5M+198.3%	$51.1M-63.5%	$140.1M+41.8%	$98.8M-41.8%	$169.7M-13.8%	$196.7M+281.0%	$51.6M+33.4%	$38.7M-65.1%	$110.8M-69.2%	$359.5M+383.5%	$74.4M-83.6%	$452.5M-20.2%	$567.2M
Depreciation & Amortization	N/A	$187.4M+8.1%	$173.3M+5.6%	$164.1M+15.0%	$142.7M+0.8%	$141.5M+5.8%	$133.7M+18.6%	$112.7M+2.0%	$110.5M+1.6%	$108.7M-4.8%	$114.2M-5.2%	$120.4M+10.1%	$109.3M+11.0%	$98.5M+1.4%	$97.2M+6.6%	$91.2M
Stock-Based Compensation	N/A	$6.6M-9.6%	$7.3M+11.6%	$6.5M-12.6%	$7.5M-3.1%	$7.7M-10.3%	$8.6M-25.3%	$11.5M+15.6%	$9.9M-8.8%	$10.9M+85.6%	$5.9M-10.4%	$6.5M+108.8%	$3.1M-62.3%	$8.3M+8.9%	$7.6M+9.4%	$7.0M
Capital Expenditures	$17.8M	$16.3M-29.9%	$23.3M+19.0%	$19.6M-41.5%	$33.5M+302.6%	$8.3M-58.9%	$20.2M-85.6%	$140.9M+2.8%	$137.1M-40.7%	$231.1M+23.9%	$186.5M-41.8%	$320.3M-4.9%	$336.9M+3.8%	$324.4M+0.4%	$323.0M+222.5%	$100.2M
Free Cash Flow	$235.4M	$120.4M-26.0%	$162.7M+22.5%	$132.9M+654.8%	$17.6M-86.6%	$131.8M+67.8%	$78.6M+172.6%	$28.8M-51.7%	$59.7M+133.2%	-$179.5M-21.5%	-$147.8M+29.5%	-$209.5M-1028.1%	$22.6M+109.0%	-$250.1M-293.2%	$129.5M-72.3%	$467.0M
Investing Cash Flow	$86.8M	-$16.3M+28.5%	-$22.8M-22.4%	-$18.7M+86.5%	-$138.3M-1572.0%	-$8.3M+57.1%	-$19.3M+86.5%	-$142.4M-4.7%	-$136.0M+38.5%	-$221.1M-50.3%	-$147.1M+50.3%	-$295.7M+11.9%	-$335.5M-173.4%	$456.9M+209.9%	-$415.8M-128.0%	-$182.3M
Financing Cash Flow	-$8.3M	-$45.1M+64.0%	-$125.3M-599.1%	$25.1M+156.0%	-$44.8M+53.3%	-$96.0M-82.6%	-$52.6M-14.8%	-$45.8M+0.8%	-$46.2M-159.6%	$77.5M	N/A	N/A	N/A	-$487.4M-235.6%	-$145.2M+36.8%	-$229.9M
Share Buybacks	N/A	N/A	$29.6M+147.1%	$12.0M	N/A	N/A	N/A	N/A	N/A	N/A	$341K-69.6%	$1.1M-86.6%	$8.4M-25.5%	$11.3M+56.4%	$7.2M-5.4%	$7.6M

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Operating Cash Flow	$53.9M+414.6%	$61.8M+275.8%	$113.2M+45.1%	$24.3M-56.4%	-$17.1M-40.9%	$16.4M-74.5%	$78.0M-17.7%	$55.7M+76.3%
Depreciation & Amortization	$39.5M-0.1%	$43.9M+3.3%	$43.9M+8.1%	$55.7M+29.7%	$39.5M-9.2%	$42.5M-8.4%	$40.6M-8.0%	$42.9M-0.8%
Stock-Based Compensation	N/A	$1.4M-17.4%	N/A	N/A	N/A	$1.7M-3.5%	N/A	N/A
Capital Expenditures	$7.2M+75.4%	$2.8M-37.4%	$5.7M-54.5%	$2.1M-35.2%	$4.1M+2.6%	$4.5M+24.5%	$12.5M+265.8%	$3.2M-61.4%
Free Cash Flow	$46.7M+320.1%	$59.0M+393.3%	$107.5M+64.2%	$22.2M-57.7%	-$21.2M-31.4%	$12.0M-80.4%	$65.5M-28.3%	$52.5M+124.9%
Investing Cash Flow	$97.0M+2270.7%	-$2.8M+37.4%	-$5.7M+54.5%	-$1.7M+45.3%	-$4.5M-12.1%	-$4.5M-38.4%	-$12.5M-338.0%	-$3.1M+62.6%
Financing Cash Flow	$319K+101.1%	-$4.3M+60.8%	-$138K+99.3%	-$4.1M-2.3%	-$29.7M+7.8%	-$11.1M+84.0%	-$19.7M-125.8%	-$4.0M+88.9%
Share Buybacks	N/A	N/A	N/A	N/A	N/A	N/A	$19.4M	$0-100.0%

Not reported in any period shown, so not listed: Dividends Paid.

HOS Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.

HOS quarterly financial ratios

Metric	FY2510-K	FY2410-K	FY2310-K	FY2210-K	FY2110-K	FY2010-K	FY1910-K	FY1810-K	FY1710-K	FY1610-K	FY1510-K	FY1410-K	FY1310-K	FY1210-K	FY1110-K
Gross Margin	12.3%-3.8pp	16.2%+0.6pp	15.5%+9.7pp	5.8%+3.5pp	2.3%-8.6pp	10.9%-7.4pp	18.3%+1.9pp	16.4%+5.8pp	10.7%+1.1pp	9.5%+43.1pp	-33.6%-64.7pp	31.1%+1.3pp	29.7%+23.8pp	5.9%-15.4pp	21.3%
Operating Margin	5.0%-4.3pp	9.4%+4.5pp	4.9%+10.1pp	-5.1%+2.1pp	-7.2%-9.0pp	1.8%-7.3pp	9.0%+2.1pp	7.0%+7.2pp	-0.2%+12.8pp	-13.0%+31.2pp	-44.2%-67.8pp	23.6%+3.2pp	20.4%+28.5pp	-8.1%-17.1pp	9.0%
Net Margin	2.4%-1.7pp	4.1%+4.9pp	-0.8%+9.2pp	-10.1%-0.9pp	-9.1%-12.1pp	3.0%-4.7pp	7.7%+3.8pp	3.9%-1.3pp	5.2%+21.9pp	-16.7%+37.5pp	-54.2%-71.8pp	17.7%+4.8pp	12.9%+18.4pp	-5.5%-24.0pp	18.5%
Return on Equity	1.9%-1.7pp	3.7%+4.4pp	-0.7%+5.1pp	-5.8%-2.0pp	-3.7%-5.0pp	1.3%-2.1pp	3.4%+1.6pp	1.8%-0.1pp	1.9%+8.3pp	-6.3%+23.1pp	-29.5%-41.3pp	11.8%+4.3pp	7.5%+10.9pp	-3.3%-12.5pp	9.1%
Return on Assets	1.2%-1.0pp	2.1%+2.6pp	-0.4%+3.3pp	-3.7%-1.0pp	-2.6%-3.5pp	0.9%-1.3pp	2.2%+1.0pp	1.2%0.0pp	1.3%+4.9pp	-3.6%+12.1pp	-15.7%-22.9pp	7.2%+2.8pp	4.4%+5.8pp	-1.4%-5.0pp	3.6%
Current Ratio	2.75+0.4x	2.33+0.8x	1.560.0x	1.55-0.4x	1.900.0x	1.88+0.3x	1.54-0.8x	2.35+0.7x	1.70-1.1x	2.80-0.4x	3.24+0.2x	3.08-0.8x	3.91+2.1x	1.77-0.6x	2.38
Debt-to-Equity	0.190.0x	0.200.0x	0.21+0.1x	0.150.0x	0.160.0x	0.150.0x	0.18-0.1x	0.240.0x	0.25-0.2x	0.44-0.1x	0.53+0.2x	0.320.0x	0.36-0.4x	0.72-0.1x	0.81
Asset Turnover	0.490.0x	0.520.0x	0.50+0.1x	0.37+0.1x	0.290.0x	0.290.0x	0.290.0x	0.32+0.1x	0.250.0x	0.22-0.1x	0.29-0.1x	0.41+0.1x	0.34+0.1x	0.25+0.1x	0.20
FCF Margin	9.3%-2.7pp	12.0%+1.7pp	10.3%+8.3pp	2.0%-17.5pp	19.5%+8.8pp	10.7%+6.9pp	3.8%-4.2pp	8.1%+38.9pp	-30.9%-0.6pp	-30.3%-0.2pp	-30.1%-32.1pp	2.0%+30.6pp	-28.5%-43.8pp	15.3%-51.2pp	66.5%

Metric	Q2'2610-Q	Q1'2610-Q	Q4'2510-Q	Q3'2510-Q	Q2'2510-Q	Q1'2510-Q	Q4'2410-K	Q3'2410-Q
Gross Margin	18.5%+13.1pp	3.1%-6.8pp	13.6%-3.0pp	17.5%-1.7pp	5.3%-15.3pp	9.9%+3.3pp	16.6%+1.9pp	19.2%-1.2pp
Operating Margin	8.8%+10.0pp	-4.6%-7.6pp	3.2%-5.5pp	12.7%-0.3pp	-1.2%-15.8pp	2.9%+3.4pp	8.7%+4.1pp	13.0%+3.9pp
Net Margin	7.5%+8.5pp	-4.7%-5.8pp	2.1%-3.5pp	5.9%-2.8pp	-1.0%-9.9pp	1.1%+10.0pp	5.7%+14.1pp	8.6%+4.7pp
Return on Equity	1.4%+1.6pp	-0.9%-1.1pp	0.5%-0.8pp	1.4%-0.5pp	-0.2%-2.3pp	0.2%+2.0pp	1.3%+3.2pp	1.9%+0.9pp
Return on Assets	0.9%+1.0pp	-0.5%-0.6pp	0.3%-0.5pp	0.8%-0.3pp	-0.1%-1.3pp	0.1%+1.1pp	0.8%+1.9pp	1.1%+0.5pp
Current Ratio	3.47+1.3x	2.92+0.6x	2.75+0.4x	2.54+0.3x	2.19+0.1x	2.28+0.5x	2.33+0.8x	2.29+0.9x
Debt-to-Equity	0.190.0x	0.190.0x	0.190.0x	0.190.0x	0.190.0x	0.200.0x	0.200.0x	0.19+0.1x
Asset Turnover	0.120.0x	0.110.0x	0.150.0x	0.140.0x	0.090.0x	0.110.0x	0.140.0x	0.130.0x
FCF Margin	15.4%+23.8pp	20.5%+16.2pp	27.9%+9.5pp	5.9%-9.5pp	-8.4%-4.0pp	4.3%-16.2pp	18.4%-8.8pp	15.3%+9.4pp

Where Hornbeck Offshore Services, Inc. Ranks

Frequently Asked Questions

What is Hornbeck Offshore Services, Inc.'s annual revenue?

Hornbeck Offshore Services, Inc. (HOS) reported $1.3B in total revenue for fiscal year 2025. This represents a -4.9% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Hornbeck Offshore Services, Inc.'s revenue growing?

Hornbeck Offshore Services, Inc. (HOS) revenue declined by 4.9% year-over-year, from $1.4B to $1.3B in fiscal year 2025.

Is Hornbeck Offshore Services, Inc. profitable?

Yes, Hornbeck Offshore Services, Inc. (HOS) reported a net income of $30.8M in fiscal year 2025, with a net profit margin of 2.4%.

What is Hornbeck Offshore Services, Inc.'s EBITDA?

Hornbeck Offshore Services, Inc. (HOS) had EBITDA of $252.5M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Hornbeck Offshore Services, Inc. have?

As of fiscal year 2025, Hornbeck Offshore Services, Inc. (HOS) had $418.3M in cash and equivalents against $298.4M in long-term debt.

What is Hornbeck Offshore Services, Inc.'s gross margin?

Hornbeck Offshore Services, Inc. (HOS) had a gross margin of 12.3% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Hornbeck Offshore Services, Inc.'s operating margin?

Hornbeck Offshore Services, Inc. (HOS) had an operating margin of 5.0% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Hornbeck Offshore Services, Inc.'s net profit margin?

Hornbeck Offshore Services, Inc. (HOS) had a net profit margin of 2.4% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Hornbeck Offshore Services, Inc.'s return on equity (ROE)?

Hornbeck Offshore Services, Inc. (HOS) has a return on equity of 1.9% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Hornbeck Offshore Services, Inc.'s free cash flow?

Hornbeck Offshore Services, Inc. (HOS) generated $120.4M in free cash flow during fiscal year 2025. This represents a -26.0% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Hornbeck Offshore Services, Inc.'s operating cash flow?

Hornbeck Offshore Services, Inc. (HOS) generated $136.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Hornbeck Offshore Services, Inc.'s total assets?

Hornbeck Offshore Services, Inc. (HOS) had $2.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Hornbeck Offshore Services, Inc.'s capital expenditures?

Hornbeck Offshore Services, Inc. (HOS) invested $16.3M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

How many shares does Hornbeck Offshore Services, Inc. have outstanding?

Hornbeck Offshore Services, Inc. (HOS) had 147M shares outstanding as of fiscal year 2025.

What is Hornbeck Offshore Services, Inc.'s current ratio?

Hornbeck Offshore Services, Inc. (HOS) had a current ratio of 2.75 as of fiscal year 2025, which is generally considered healthy.

What is Hornbeck Offshore Services, Inc.'s debt-to-equity ratio?

Hornbeck Offshore Services, Inc. (HOS) had a debt-to-equity ratio of 0.19 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Hornbeck Offshore Services, Inc.'s return on assets (ROA)?

Hornbeck Offshore Services, Inc. (HOS) had a return on assets of 1.2% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Hornbeck Offshore Services, Inc.'s P/E ratio?

Hornbeck Offshore Services, Inc. (HOS) trades at 70.0x earnings, its market capitalization divided by net income of $39.7M net income, trailing 12 months to June 30, 2026. The market capitalization is $2.8B as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Hornbeck Offshore Services, Inc.'s price-to-sales ratio?

Hornbeck Offshore Services, Inc. (HOS) trades at 2.1x sales, its market capitalization divided by revenue of $1.4B revenue, trailing 12 months to June 30, 2026. The market capitalization is $2.8B as of Sep 14, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.

What is Hornbeck Offshore Services, Inc.'s Altman Z-Score?

Hornbeck Offshore Services, Inc. (HOS) has an Altman Z-Score of 2.64, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Hornbeck Offshore Services, Inc.'s Piotroski F-Score?

Hornbeck Offshore Services, Inc. (HOS) has a Piotroski F-Score of 6 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Hornbeck Offshore Services, Inc.'s earnings high quality?

Hornbeck Offshore Services, Inc. (HOS) has an earnings quality ratio of 4.44x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Hornbeck Offshore Services, Inc. cover its interest payments?

Hornbeck Offshore Services, Inc. (HOS) has an interest coverage ratio of 1.98x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Hornbeck Offshore Services, Inc.?

Hornbeck Offshore Services, Inc. (HOS) scores 57 out of 100 on our Financial Health Score, indicating moderate standing within its operating companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.