What is Helmerich & Payne's offshore solutions — D&A?

Helmerich & Payne (HP) reported offshore solutions — D&A of $9.86M in Q1 2026.

What does offshore solutions — D&A mean?

The systematic allocation of the cost of tangible offshore assets and intangible assets over their useful lives. This non-cash expense reflects the capital-intensive nature of maintaining and upgrading an offshore drilling fleet.

Helmerich & Payne HP Offshore Solutions — D&A

Other segment segments

North America Solutions

$82.96M-4.8%

Offshore Gulf of Mexico

$7.53M-1.2%

Similar metrics at other companies

OIIOffshore Projects Group — Depreciation, Depletion and Amortization

$4.76M+1.4%

TDWWest Africa — D&A

$13.93M-12.4%

NOVTMedical Solutions — D&A

$9.58M+24.7%

FTVIntelligent Operating Solutions — Depreciation, Depletion and Amortization

$62.4M+7.2%

INSWInternational Crude Tankers — D&A

$19.98M+6.8%

WYStrategic Land Solutions — D&A

$1M-50.0%

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

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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:DepreciationDepletionAndAmortization.

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 — D&A?: Helmerich & Payne (HP) reported offshore solutions — D&A of $9.86M in Q1 2026.
What does offshore solutions — D&A mean?: The systematic allocation of the cost of tangible offshore assets and intangible assets over their useful lives. This non-cash expense reflects the capital-intensive nature of maintaining and upgrading an offshore drilling fleet.