What is Helmerich & Payne's offshore solutions — total assets?

Helmerich & Payne (HP) reported offshore solutions — total assets of $695.32M in Q1 2026.

What does offshore solutions — total assets mean?

Represents the total value of resources, including drilling rigs, equipment, and other capital investments, specifically allocated to the Offshore Solutions segment. This metric reflects the scale of the segment's operational footprint and the capital intensity required to maintain offshore drilling capabilities. It is used to calculate return on assets and assess the segment's asset utilization efficiency.

Helmerich & Payne HP Offshore Solutions — Total Assets

Other segment segments

North America Solutions

$2.76B-11.8%

International Solutions

$2.39B—

Other

$291.65M-25.4%

Similar metrics at other companies

OIIOffshore Projects Group — Total Assets

$487.98M-2.9%

BKROilfield Services & Equipment — Total Assets

$18.63B+1.0%

FLRMission Solutions — Total Assets

$666M-15.1%

PTENDrilling Services — Total Assets

$1.82B-9.1%

MATXOcean Transportation — Total Assets

$1.76B-8.8%

FTISubsea — Total Assets

$7.16B+5.3%

Other financials

Income statement

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Revenue$932.4M-8.2%

Gross profit$271.2M-13.7%

Operating income-$36.9M-188%

Net income-$58.6M-3,643%

EPS (diluted)-$0.59-6,000%

Balance sheet

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Cash & equivalents$204.0M-16.7%

Total debt$2.0B-10.6%

Total equity$2.6B-13.8%

Total assets$6.3B-12.5%

Cash flow

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Operating cash flow$36.6M-34.7%

CapEx$62.9M-60.4%

Free cash flow$114.9M+121%

Valuation

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Market cap$3.56B+41.1%

Profitability

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Gross margin31.5%-5.8pp

Operating margin3.3%-13.2pp

Net margin-9.4%-16.5pp

FCF margin4.4%-3.0pp

Returns & leverage

See full

Return on equity-13.2%-20.7pp

Debt / equity0.8×0.0×

Current ratio1.7×0.0×

Where this comes from

Reported directly by Helmerich & Payne in its filing.

Tagged under the XBRL concept us-gaap:Assets.

The official record: Helmerich & Payne’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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What is Helmerich & Payne's offshore solutions — total assets?: Helmerich & Payne (HP) reported offshore solutions — total assets of $695.32M in Q1 2026.
What does offshore solutions — total assets mean?: Represents the total value of resources, including drilling rigs, equipment, and other capital investments, specifically allocated to the Offshore Solutions segment. This metric reflects the scale of the segment's operational footprint and the capital intensity required to maintain offshore drilling capabilities. It is used to calculate return on assets and assess the segment's asset utilization efficiency.