Hornbeck Offshore Services (HLX) Tax Rate (2009 - 2026)
Hornbeck Offshore Services' (HLX) quarterly Tax Rate came in at 31.87% in Q2 2026, down 1051.0% year-over-year from 3.35% in Q2 2025, and up 64.93% quarter-over-quarter from 19.33% in Q1 2026.
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Hornbeck Offshore Services (HLX) Tax Rate (2009 - 2026) Analysis & Trends
Hornbeck Offshore Services (HLX) has reported Tax Rate for 18 consecutive years, with 31.87% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 1051.0% year-over-year to 31.87% in Q2 2026; TTM through Jun 2026 was 28.56%, a 1735.0% increase from a year earlier, with the FY2025 full-year figure at 21.56%, down 141.0% from the prior year.
- Tax Rate was 31.87% for Q2 2026 at Hornbeck Offshore Services, up from 19.33% in the prior quarter.
- Over five years, Tax Rate peaked at 72.47% in Q4 2023 and troughed at 494.23% in Q4 2022.
- A 5-year average of 8.69% and a median of 21.86% in 2024 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 53155 bps in 2022 and soared 56670 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 494.23% in 2022, then surged by 115 bps to 72.47% in 2023, then sank by 91 bps to 6.81% in 2024, then jumped by 62 bps to 11.03% in 2025, then soared by 189 bps to 31.87% in 2026.
- The last three Tax Rate figures came in at 31.87% (Q2 2026), 19.33% (Q1 2026), and 11.03% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 85.07 Bn | 81.00 Bn | 4.63 Bn | 20.02% |
| 2 | Baker Hughes | 63.03 Bn | 47.30 Bn | 1.58 Bn | 23.54% |
| 3 | Halliburton | 31.08 Bn | 29.03 Bn | 2.10 Bn | 18.98% |
| 4 | Weatherford International | 6.68 Bn | 5.54 Bn | 662.00 Mn | 44.00% |
| 5 | Kodiak Gas Services | 6.11 Bn | 5.98 Bn | 246.76 Mn | 28.81% |
| 6 | Tidewater | 4.62 Bn | 4.01 Bn | 161.54 Mn | 54.31% |
| 7 | USA Compression Partners | 4.01 Bn | 4.00 Bn | 217.36 Mn | 10.72% |
| 8 | Liberty Energy | 3.59 Bn | 3.04 Bn | 208.34 Mn | 17.60% |
| 9 | National Energy Services Reunited | 3.50 Bn | 3.31 Bn | 81.29 Mn | 25.29% |
| 10 | Hornbeck Offshore Services | 1.56 Bn | 911.49 Mn | 56.20 Mn | 31.87% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.87% |
| Mar 31, 2026 | 19.33% |
| Dec 31, 2025 | 11.03% |
| Sep 30, 2025 | 46.54% |
| Jun 30, 2025 | 42.39% |
| Mar 31, 2025 | 14.18% |
| Dec 31, 2024 | 6.81% |
| Sep 30, 2024 | 24.39% |
| Jun 30, 2024 | 31.32% |
| Mar 31, 2024 | 6.07% |
| Dec 31, 2023 | 72.47% |
| Sep 30, 2023 | 34.89% |
| Jun 30, 2023 | 31.81% |
| Mar 31, 2023 | 28.09% |
| Dec 31, 2022 | -494.23% |
| Sep 30, 2022 | -53.00% |
| Jun 30, 2022 | -5.07% |
| Mar 31, 2022 | -5.36% |
| Dec 31, 2021 | 37.32% |
| Sep 30, 2021 | 5.47% |