Hornbeck Offshore Services

Energy Equipment & Services
Hornbeck Offshore Services, Inc., formed through the September 2026 merger of Hornbeck Offshore Services and Helix Energy Solutions Group, is a leading provider of specialty services and marine transportation to the offshore energy industry. The company operates through multiple business segments, including Well Intervention, Robotics, Production Facilities, and Marine Transportation. Its operations span well intervention, subsea robotics, decommissioning, and offshore logistics support. The company's fleet includes high-specification offshore supply vessels (OSVs) and multi-purpose support vessels (MPSVs) that support deepwater exploration, development, production, and construction activities. The combined company serves independent oil and gas producers, renewable energy developers, and offshore engineering firms across the Americas, the North Sea, West Africa, and Asia Pacific. By integrating Hornbeck's marine transportation expertise with Helix's subsea and well intervention capabilities, the company offers end-to-end solutions for complex offshore challenges. The strategic combination created a recognized leader in offshore operations, generating synergies through integrated service offerings, fleet optimization, and reduced reliance on third-party vessel charters. The company is well-positioned to capitalize on opportunities across the deepwater oilfield, defense, and renewables industries.

$1.1B

Market Cap • 9/30/2026

NYSE

Listing Exchange

Flag of United States

United States

Country

Valuation

P/B

0,7

P/S

0,9

P/EBITDA

3,6

P/OCF

4,5

P/FCF

4,8

P/E

28,5

BVPS

10,7

EPS

0,3

Market Cap

Market Cap

1,1B

EV

1,1B

EV/Revenue

0,8

EV/EBITDA

3,4

EV/EBIT

14,8

Payout

Dividend Per Share

0

Dividend Yield

0%

Buyback Yield

-0,1%

Total Yield

-0,1%

Payout

0%

Retained Earnings

408,2M

Profitability

Gross Margin

13,9%

EBITDA Margin

24,5%

EBIT Margin

5,6%

Net Margin

2,5%

D&A/EBITDA

0%

R&D/Revenue

0%

Capex/Revenue

1,3%

Capex/D&A

7,1%

Capex/OCF

6,9%

SBC/OCF

3,7%

% PPE

59,1%

% Goodwill

0%

ROE

2%

ROIC

2,3%

Growth

CAGR Revenue 5Y

13,9%

CAGR Op. Income 5Y

54,5%

CAGR Net Income 5Y

22,2%

CAGR EPS 5Y

27,5%

CAGR OCF 5Y

6,4%

Leverage

N.D./EBITDA

—

Debt/Equity

0%

Current Ratio

3,5

Quick Ratio

3,2

Interest Coverage

353,5%

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