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Helmerich & Payne HP Offshore Solutions — Total Assets

Other segment segments

North America Solutions
$2.75B-11.2%
International Solutions
$2.31B-7.6%
Other
$307.41M-5.3%

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Other financials

Income statement

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Revenue$1.0B-0.6%
Gross profit$349.9M+3.9%
Operating income$188.2M+247%
Net income$75.7M+146%
EPS (diluted)$0.74+145%

Balance sheet

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Cash & equivalents$239.3M+5.4%
Total debt$1.9B-20.2%
Total equity$2.7B-6.8%
Total assets$6.3B-8.4%

Cash flow

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Operating cash flow$153.7M+26.4%
CapEx$69.8M-28.1%
Free cash flow$83.9M+241%

Valuation

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Market cap$3.7B+141%
Enterprise value$5.33B+46.1%
P/S0.9×+0.5×

Profitability

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Gross margin31.8%-3.3pp
Operating margin3.3%-13.2pp
Net margin-3.4%-5.3pp
FCF margin4.4%-3.0pp

Returns & leverage

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Return on equity-4.9%-6.9pp
Debt / equity0.7×-0.1×
Current ratio+0.1×

Where this comes from

Reported directly by Helmerich & Payne in its filing.

Tagged under the XBRL concept us-gaap:Assets.

The source filing: Helmerich & Payne’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 4:16 PM EDT
Fiscal quarter
Q3 FY2026
Calendar quarter
Q2 2026
Accession
0000046765-26-000042
(in thousands)June 30, 2026September 30, 2025
Total assets1
North America Solutions$2,751,463$2,957,139
International Solutions2,313,9722,426,613
Offshore Solutions690,754714,708
Other307,406360,037
6,063,5956,458,497
Investments and corporate operations223,179247,241
$6,286,774$6,705,738

ITEM 1. FINANCIAL STATEMENTS

FAQ

What is Helmerich & Payne's offshore solutions — total assets?
Helmerich & Payne (HP) reported offshore solutions — total assets of $690.75M in Q2 2026.
How has Helmerich & Payne's offshore solutions — total assets changed year-over-year?
Helmerich & Payne's offshore solutions — total assets increased by 7.0% year-over-year, from $645.61M to $690.75M.
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.

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