HOS (Hornbeck Offshore Services) Debt-to-EBITDA : 1.92 (As of Sep. 2025) — 14% Below Median

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HOS Hornbeck Offshore Services Inc HOS
19 GF Score
Price $9.12
! 1 Warning Sign
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What is Hornbeck Offshore Services Debt-to-EBITDA?

Hornbeck Offshore Services HOS +0.44% 19 Debt-to-EBITDA is 1.92 as of Sep. 2025, which is 14% below its 10-year median of 2.24. GuruFocus rates HOS with a GF Score™ of 19/100. The stock has 1 warning sign investors should review.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hornbeck Offshore Services's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $8.5 Mil. Hornbeck Offshore Services's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $465.3 Mil. Hornbeck Offshore Services's annualized EBITDA for the quarter that ended in Sep. 2025 was $246.8 Mil. Hornbeck Offshore Services's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 was 1.92.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Hornbeck Offshore Services's Debt-to-EBITDA or its related term are showing as below:

HOS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.1   Med: 2.24   Max: 4.72
Current: 4.72

During the past 3 years, the highest Debt-to-EBITDA Ratio of Hornbeck Offshore Services was 4.72. The lowest was 2.10. And the median was 2.24.

HOS's Debt-to-EBITDA is not ranked
in the Transportation industry.
Industry Median: 2.595 vs HOS: 4.72

Hornbeck Offshore Services  (NYSE:HOS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Hornbeck Offshore Services Debt-to-EBITDA Related Terms


Hornbeck Offshore Services Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hornbeck Offshore Services's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Hornbeck Offshore Services Debt-to-EBITDA Chart

Hornbeck Offshore Services Annual Data
Trend Dec22 Dec23 Dec24
Debt-to-EBITDA
0.00 2.10 2.37

Hornbeck Offshore Services Quarterly Data
Dec23 Sep24 Dec24 Sep25
Debt-to-EBITDA N/A 0.00 3.01 1.92

HOS vs : Debt-to-EBITDA Comparison

For the Marine Shipping subindustry, Hornbeck Offshore Services's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hornbeck Offshore Services Debt-to-EBITDA vs Transportation Industry

For the Transportation industry and Industrials sector, Hornbeck Offshore Services's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hornbeck Offshore Services's Debt-to-EBITDA falls into.


HOS
19GF Score
Hornbeck Offshore Services Inc HOS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Hornbeck Offshore Services Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hornbeck Offshore Services's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(5.494 + 460.681) / 196.412
=2.37

Hornbeck Offshore Services's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8.504 + 465.307) / 246.776
=1.92

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Sep. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 1.92 mean?
Hornbeck Offshore Services (HOS) has a Debt-to-EBITDA of 1.92 as of Sep. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hornbeck Offshore Services. This is 14% below median its historical median of 2.24. Over the past decade, Hornbeck Offshore Services' Debt-to-EBITDA has ranged from 2.10 to 4.72.
Is Hornbeck Offshore Services' Debt-to-EBITDA too high?
Hornbeck Offshore Services' current Debt-to-EBITDA of 1.92 is 14% below median its 10-year median of 2.24. Over the past 10 years, this metric has ranged from a low of 2.10 to a high of 4.72. The Transportation industry median Debt-to-EBITDA is 2.60. Hornbeck Offshore Services' value of 1.92 is 26% below this industry median. Overall, Hornbeck Offshore Services has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Hornbeck Offshore Services' Debt-to-EBITDA compare to ?
Hornbeck Offshore Services' Debt-to-EBITDA of 1.92 can be compared against companies in the Transportation industry. The industry median Debt-to-EBITDA is 2.60. Hornbeck Offshore Services' value of 1.92 is 26% below this benchmark. Historically, Hornbeck Offshore Services' own Debt-to-EBITDA has ranged from 2.10 to 4.72 over the past decade. While the company's 10-year median is 2.24 vs. the industry median of 2.60, Hornbeck Offshore Services has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Transportation company?
The median Debt-to-EBITDA among Transportation companies is 2.60, based on 874 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hornbeck Offshore Services's current Debt-to-EBITDA of 1.92 is 26% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Hornbeck Offshore Services. For the Transportation industry, the median Debt-to-EBITDA is 2.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hornbeck Offshore Services's current Debt-to-EBITDA is 1.92, which is 14% below median its own 10-year median of 2.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hornbeck Offshore Services stock overvalued right now?
Hornbeck Offshore Services (HOS) has a current Debt-to-EBITDA of 1.92. The current Debt-to-EBITDA is 1.92, which is 14% below median its 10-year median of 2.24 and 26% below the Transportation industry median of 2.60. Hornbeck Offshore Services' overall GF Score™ is 19/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Hornbeck Offshore Services (HOS), the current Debt-to-EBITDA is 1.92 as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Hornbeck Offshore Services Business Description

Comparable Companies
Address 103 Northpark Boulevard, Suite 300, Covington, LA, USA, 70433
Hornbeck Offshore Services Inc, through its subsidiaries, operates offshore supply vessels (OSVs), multi-purpose support vessels (MPSVs), and a shore-base facility. It provides marine transportation, logistics support, and related services to customers in the offshore oil and gas industry, in the U.S. Gulf Coast region, Latin America, and other international markets. The company also serves non-oilfield markets, including military support services, renewable energy projects, and other marine service activities. The majority of revenue is derived from the provision of vessel management services to external vessel owners and from providing shore-based port facility services.
19GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$9.12
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