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Helix Energy Solutions Group, Inc.(HLX)Earnings, Financials & Key Ratios
HLX•NYSE
$10.05
$1.48B mkt cap·47.9× P/E·Price updated May 15, 2026
AboutHelix Energy Solutions Group, Inc., an offshore energy services company, provides specialty services to the offshore energy industry primarily in Brazil, the Gulf of Mexico, North Sea, the Asia Pacific, and West Africa regions. The company operates through three segments: Well Intervention, Robotics, and Production Facilities. It engages in the installation of flowlines, control umbilicals, and manifold assemblies and risers; trenching and burial of pipelines; installation and tie-in of riser and manifold assembly; commissioning, testing, and inspection activities; and provision of cable and umbilical lay, and connection services. The company also provides well intervention, intervention engineering, and production enhancement services; inspection, repair, and maintenance of production structures, trees, jumpers, risers, pipelines, and subsea equipment; and related support services. In addition, it offers reclamation and remediation services; well plug and abandonment services; pipeline abandonment services; and site inspections. Additionally, the company offers oil and natural gas processing facilities and services; and fast response system, as well as site clearance and subsea support services. It serves independent oil and gas producers and suppliers, pipeline transmission companies, renewable energy companies, and offshore engineering and construction firms. The company was formerly known as Cal Dive International, Inc. and changed its name to Helix Energy Solutions Group, Inc. in March 2006. Helix Energy Solutions Group, Inc. was incorporated in 1979 and is headquartered in Houston, Texas.Show more
- Revenue$1.29B-4.9%
- EBITDA$253M-4.6%
- Net Income$31M-44.6%
- EPS (Diluted)0.21-41.7%
- Gross Margin12.32%-23.8%
- EBITDA Margin19.55%+0.4%
- Operating Margin5.04%-46.2%
- Net Margin2.39%-41.7%
- ROE1.99%-46.0%
- ROIC2.73%-49.7%
- Debt/Equity0.40-8.4%
- Interest Coverage2.87-16.2%
HLX Key Insights
Helix Energy Solutions Group, Inc. (HLX) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Momentum leader: RS Rating 86 (top 14%)
- ✓High quality earnings: Operating CF exceeds net income
- ✓Strong 5Y sales CAGR of 12.0%
- ✓Share count reduced 4.0% through buybacks
- ✓Trading at only 0.9x book value
✗Weaknesses
- ✗Weak 3Y average ROE of 1.7%
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
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HLX Price & Volume
Helix Energy Solutions Group, Inc. (HLX) stock price & volume — 10-year historical chart
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HLX Growth Metrics
Helix Energy Solutions Group, Inc. (HLX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6.38%
5 Years11.98%
3 Years13.94%
TTM-2.91%
Profit CAGR
10 Years-
5 Years6.81%
3 Years-
TTM-83.12%
EPS CAGR
10 Years-
5 Years10.07%
3 Years-
TTM-81.37%
Return on Capital
10 Years1.31%
5 Years2.02%
3 Years4.54%
Last Year2.78%
HLX Recent Earnings
Helix Energy Solutions Group, Inc. (HLX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 6/12 qtrs (50%)●Beat Revenue 8/12 qtrs (67%)
Q2 2026Latest
Apr 22, 2026EPS
$0.09
Est $0.09
+0.0%
Revenue
$288M
Est $264M
+8.9%
Q1 2026
Feb 23, 2026EPS
$0.16
Est $0.02
+900.0%
Revenue
$334M
Est $302M
+10.5%
Q4 2025
Oct 22, 2025EPS
$0.15
Est $0.15
+0.0%
Revenue
$377M
Est $362M
+4.2%
Q3 2025
Jul 23, 2025EPS
$0.02
Est $0.01
-300.0%
Revenue
$302M
Est $343M
-11.8%
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 22, 2026 | $0.09vs $0.09+0.0% | $288Mvs $264M+8.9% |
| Q1 2026 | Feb 23, 2026 | $0.16vs $0.02+900.0% | $334Mvs $302M+10.5% |
| Q4 2025 | Oct 22, 2025 | $0.15vs $0.15+0.0% | $377Mvs $362M+4.2% |
| Q3 2025 | Jul 23, 2025 | $0.02vs $0.01-300.0% | $302Mvs $343M-11.8% |
Based on last 12 quarters of dataView full earnings history →
HLX Peer Comparison
Helix Energy Solutions Group, Inc. (HLX) competitors in Offshore Services and Contract Drilling — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 CLOV | 1.8B | 3.47 | -20.41 | 40.34% | -2.58% | -17.08% | ||
 OII | 3.77B | 37.84 | 10.84 | 4.62% | 12.12% | 34.32% | 0.45 | |
 TDW | 4.1B | 82.35 | 12.40 | 0.52% | 22.16% | 23.85% | 0.48 | |
 TPVG | 237.5M | 5.85 | 4.80 | 36.55% | -3.39% | 1.33 | ||
 DNOW | 1.55B | 13.14 | -17.52 | 18.84% | -4.14% | -8.38% | 0.30 | |
 SLB | 83.13B | 55.38 | 23.57 | -1.6% | 9.38% | 13.88% | 0.45 | |
 HAL | 34.88B | 41.76 | 27.84 | -3.31% | 6.95% | 14.59% | 0.77 | |
 BKR | 63.59B | 64.12 | 24.66 | -0.34% | 11.17% | 16.13% | 0.38 |
Compare HLX vs Peers
Helix Energy Solutions Group, Inc. (HLX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
HLX Income Statement
Helix Energy Solutions Group, Inc. (HLX) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales/Revenue | 581.38M | 739.82M | 751.91M | 733.55M | 674.73M | 873.1M | 1.29B | 1.36B | 1.29B | 1.3B |
| Revenue Growth % | 19.24% | 27.25% | 1.63% | -2.44% | -8.02% | 29.4% | 47.72% | 5.34% | -4.94% | -2.91% |
| Cost of Goods Sold | 519.22M | 618.13M | 614.07M | 653.65M | 659.34M | 822.48M | 1.09B | 1.14B | 1.13B | 1.16B |
| COGS % of Revenue | 89.31% | 83.55% | 81.67% | 89.11% | 97.72% | 94.2% | 84.47% | 83.84% | 87.68% | - |
| Gross Profit | 62.17M▲ 0% | 121.68M▲ 95.7% | 137.84M▲ 13.3% | 79.91M▼ 42.0% | 15.39M▼ 80.7% | 50.62M▲ 228.8% | 200.36M▲ 295.8% | 219.56M▲ 9.6% | 159.14M▼ 27.5% | 140.43M▲ 0% |
| Gross Margin % | 10.69% | 16.45% | 18.33% | 10.89% | 2.28% | 5.8% | 15.53% | 16.16% | 12.32% | 10.79% |
| Gross Profit Growth % | 33.64% | 95.74% | 13.28% | -42.03% | -80.74% | 228.82% | 295.84% | 9.59% | -27.52% | - |
| Operating Expenses | 63.26M | 70.29M | 69.84M | 66.88M | 63.45M | 76.75M | 94.43M | 92.13M | 94M | 96.78M |
| OpEx % of Revenue | 10.88% | 9.5% | 9.29% | 9.12% | 9.4% | 8.79% | 7.32% | 6.78% | 7.28% | - |
| Selling, General & Admin | 63.26M | 70.29M | 69.84M | 61.08M | 63.45M | 76.75M | 94.43M | 91.65M | 75.94M | 78.72M |
| SG&A % of Revenue | 10.88% | 9.5% | 9.29% | 8.33% | 9.4% | 8.79% | 7.32% | 6.75% | 5.88% | - |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 5.8M | 0 | 0 | 0 | 479K | 18.06M | 1000K |
| Operating Income | -1.13M▲ 0% | 51.54M▲ 4661.3% | 68M▲ 31.9% | 13.03M▼ 80.8% | -48.06M▼ 469.0% | -26.14M▲ 45.6% | 105.93M▲ 505.3% | 127.44M▲ 20.3% | 65.14M▼ 48.9% | 43.65M▲ 0% |
| Operating Margin % | -0.19% | 6.97% | 9.04% | 1.78% | -7.12% | -2.99% | 8.21% | 9.38% | 5.04% | 3.35% |
| Operating Income Growth % | 98.21% | 4661.33% | 31.92% | -80.84% | -468.95% | 45.61% | 505.28% | 20.3% | -48.89% | - |
| EBITDA | 107.61M | 162.06M | 180.72M | 146.73M | 93.46M | 116.55M | 270.05M | 264.64M | 252.52M | 177.11M |
| EBITDA Margin % | 18.51% | 21.91% | 24.03% | 20% | 13.85% | 13.35% | 20.94% | 19.48% | 19.55% | 13.61% |
| EBITDA Growth % | 111.21% | 50.6% | 11.51% | -18.8% | -36.31% | 24.71% | 131.7% | -2% | -4.58% | -32.14% |
| D&A (Non-Cash Add-back) | 108.75M | 110.52M | 112.72M | 133.71M | 141.51M | 142.69M | 164.12M | 137.2M | 187.38M | 133.46M |
| EBIT | 996K | 47.99M | 76.5M | 30.74M | -47.15M | -55.01M | 28.87M | 115.97M | 65.26M | 45.09M |
| Net Interest Income | -18.78M | -13.75M | -8.33M | -28.53M | -23.2M | -18.95M | -17.34M | -22.63M | -22.78M | -11.84M |
| Interest Income | 2.59M | 3.24M | 2.61M | 825K | 288K | 1.23M | 4.02M | 11.27M | 0 | 2.38M |
| Interest Expense | 21.37M | 16.99M | 10.94M | 29.36M | 23.49M | 20.18M | 21.36M | 33.9M | 22.78M | 14.22M |
| Other Income/Expense | -19.24M | -20.55M | -2.44M | -11.64M | -22.59M | -49.04M | -98.42M | -45.37M | -22.66M | -21.25M |
| Pretax Income | -20.37M▲ 0% | 31M▲ 252.2% | 65.56M▲ 111.5% | 1.38M▼ 97.9% | -70.64M▼ 5207.9% | -75.18M▼ 6.4% | 7.51M▲ 110.0% | 82.06M▲ 992.1% | 42.48M▼ 48.2% | 22.4M▲ 0% |
| Pretax Margin % | -3.5% | 4.19% | 8.72% | 0.19% | -10.47% | -8.61% | 0.58% | 6.04% | 3.29% | 1.72% |
| Income Tax | -50.42M | 2.4M | 7.86M | -18.7M | -8.96M | 12.6M | 18.35M | 26.43M | 11.65M | 8.05M |
| Effective Tax Rate % | 247.52% | 7.74% | 11.99% | -1352.21% | 12.68% | -16.76% | 244.24% | 32.2% | 27.43% | 35.93% |
| Net Income | 30.05M▲ 0% | 28.6M▼ 4.8% | 57.92M▲ 102.5% | 22.17M▼ 61.7% | -61.68M▼ 378.2% | -87.78M▼ 42.3% | -10.84M▲ 87.7% | 55.64M▲ 613.4% | 30.83M▼ 44.6% | 14.35M▲ 0% |
| Net Margin % | 5.17% | 3.87% | 7.7% | 3.02% | -9.14% | -10.05% | -0.84% | 4.1% | 2.39% | 1.1% |
| Net Income Growth % | 136.9% | -4.84% | 102.53% | -61.72% | -378.18% | -42.31% | 87.65% | 613.35% | -44.59% | -83.12% |
| Net Income (Continuing) | 30.05M | 28.6M | 57.7M | 20.08M | -61.68M | -87.78M | -10.84M | 55.64M | 30.83M | 14.35M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 3.46M | 3.85M | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.20▲ 0% | 0.19▼ 5.0% | 0.38▲ 100.0% | 0.13▼ 65.8% | -0.41▼ 415.4% | -0.58▼ 41.5% | -0.07▲ 87.6% | 0.36▲ 601.4% | 0.21▼ 41.7% | 0.10▲ 0% |
| EPS Growth % | 127.4% | -5% | 100% | -65.79% | -415.38% | -41.46% | 87.62% | 601.39% | -41.67% | -81.37% |
| EPS (Basic) | 0.20 | 0.19 | 0.39 | 0.13 | -0.41 | -0.58 | -0.07 | 0.37 | 0.21 | - |
| Diluted Shares Outstanding | 145.3M | 146.83M | 149.58M | 149.9M | 150.06M | 151.28M | 150.92M | 154.7M | 148.45M | 147.16M |
| Basic Shares Outstanding | 145.29M | 146.7M | 147.54M | 148.99M | 150.06M | 151.28M | 150.92M | 151.99M | 148.35M | 147.16M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - |
HLX Balance Sheet
Helix Energy Solutions Group, Inc. (HLX) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Current Assets | 451.64M | 450.93M | 438.47M | 502.12M | 529.54M | 460.59M | 697.84M | 709.68M | 806.31M | 819.29M |
| Cash & Short-Term Investments | 266.59M | 279.46M | 208.43M | 291.32M | 253.51M | 186.6M | 332.19M | 368.03M | 445.2M | 501.27M |
| Cash Only | 266.59M | 279.46M | 208.43M | 291.32M | 253.51M | 186.6M | 332.19M | 368.03M | 445.2M | 501.27M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 143.28M | 125.7M | 126.2M | 185.25M | 174.7M | 219.07M | 286.25M | 273.49M | 322.19M | 230.11M |
| Days Sales Outstanding | 89.95 | 62.02 | 61.26 | 92.18 | 94.5 | 91.58 | 81.01 | 73.48 | 91.06 | 91.54 |
| Inventory | -311K | -863K | 54.13M | 0 | 0 | 2.51M | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | 32.17 | - | - | 1.11 | - | - | - | - |
| Other Current Assets | 31.67M | 35.46M | 37.08M | 9.65M | 83.1M | 25.8M | 51.05M | 41.39M | 9.58M | 87.91M |
| Total Non-Current Assets | 1.91B | 1.9B | 2.16B | 2B | 1.8B | 1.93B | 1.86B | 1.89B | 1.89B | 1.75B |
| Property, Plant & Equipment | 1.81B | 1.83B | 2.07B | 1.93B | 1.76B | 1.84B | 1.74B | 1.77B | 1.67B | 1.62B |
| Fixed Asset Turnover | 0.32x | 0.40x | 0.36x | 0.38x | 0.38x | 0.47x | 0.74x | 0.77x | 0.78x | 0.77x |
| Goodwill | 0 | 0 | 7.16M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 1.4M | 3.85M | 3.81M | 3.47M | 4.46M | 4.11M | 3.63M | 3.26M | 0 |
| Long-Term Investments | 4.41M | 201K | 27.26M | 0 | 0 | 24.83M | 25.62M | 24.83M | 27.29M | 53.32M |
| Other Non-Current Assets | 100.79M | 70.06M | 73.5M | 59.73M | 31.18M | 9.71M | 86.39M | 91.44M | 113.89M | 479.79M |
| Total Assets | 2.36B▲ 0% | 2.35B▼ 0.6% | 2.6B▲ 10.6% | 2.5B▼ 3.8% | 2.33B▼ 6.9% | 2.39B▲ 2.7% | 2.56B▲ 7.0% | 2.6B▲ 1.6% | 2.7B▲ 3.9% | 2.57B▲ 0% |
| Asset Turnover | 0.25x | 0.32x | 0.29x | 0.29x | 0.29x | 0.37x | 0.50x | 0.52x | 0.48x | 0.49x |
| Asset Growth % | 5.16% | -0.64% | 10.61% | -3.79% | -6.89% | 2.72% | 6.98% | 1.61% | 3.87% | 3.14% |
| Total Current Liabilities | 265.64M | 191.49M | 284.96M | 279.31M | 278.28M | 297.95M | 448.62M | 304.42M | 299.68M | 281.06M |
| Accounts Payable | 81.3M | 54.81M | 69.06M | 50.02M | 87.96M | 135.27M | 134.55M | 144.79M | 134.29M | 138.41M |
| Days Payables Outstanding | 57.15 | 32.37 | 41.05 | 27.93 | 48.69 | 60.03 | 45.08 | 46.4 | 43.29 | 46.56 |
| Short-Term Debt | 109.86M | 47.25M | 99.73M | 142.25M | 42.87M | 38.2M | 48.29M | 9.19M | 70.44M | 73.51M |
| Deferred Revenue (Current) | 12.61M | 10.1M | 11.57M | 8.14M | 8.27M | 9.96M | 32.76M | 14.91M | 17.11M | 86.83M |
| Other Current Liabilities | 28.39M | 32.41M | 19.4M | 54.13M | 54.78M | 0 | 109.4M | 0 | 32.37M | 69.14M |
| Current Ratio | 1.70x | 2.35x | 1.54x | 1.80x | 1.90x | 1.55x | 1.56x | 2.33x | 2.69x | 2.69x |
| Quick Ratio | 1.70x | 2.36x | 1.35x | 1.80x | 1.90x | 1.54x | 1.56x | 2.33x | 2.69x | 2.69x |
| Cash Conversion Cycle | - | - | 52.39 | - | - | 32.67 | - | - | - | 44.98 |
| Total Non-Current Liabilities | 529.8M | 538.46M | 612.18M | 474.62M | 400.28M | 574.67M | 606.42M | 772.9M | 818.04M | 730.18M |
| Long-Term Debt | 385.77M | 393.06M | 306.12M | 258.91M | 262.14M | 225.88M | 313.43M | 305.97M | 298.35M | 294.37M |
| Capital Lease Obligations | 0 | 0 | 151.83M | 101.01M | 50.2M | 154.69M | 116.19M | 285.98M | 260.96M | 1.05B |
| Deferred Tax Liabilities | 103.35M | 105.86M | 112.13M | 110.82M | 86.97M | 98.88M | 110.56M | 113.97M | 187.3M | 524.83M |
| Other Non-Current Liabilities | 40.69M | 18.72M | 33.81M | 2.01M | 499K | 95.23M | 66.25M | 66.27M | 71.43M | 283.23M |
| Total Liabilities | 795.44M | 729.95M | 897.14M | 753.93M | 678.56M | 872.63M | 1.06B | 1.08B | 1.12B | 1.01B |
| Total Debt | 495.63M | 440.31M | 611.47M | 502.17M | 410.95M | 469.68M | 540.57M | 661.12M | 629.75M | 625.76M |
| Net Debt | 229.03M | 160.86M | 403.03M | 210.85M | 157.43M | 283.07M | 208.38M | 293.09M | 184.55M | 124.49M |
| Debt / Equity | 0.32x | 0.27x | 0.36x | 0.29x | 0.25x | 0.31x | 0.36x | 0.44x | 0.40x | 0.40x |
| Debt / EBITDA | 4.61x | 2.72x | 3.38x | 3.42x | 4.40x | 4.03x | 2.00x | 2.50x | 2.49x | 3.53x |
| Net Debt / EBITDA | 2.13x | 0.99x | 2.23x | 1.44x | 1.68x | 2.43x | 0.77x | 1.11x | 0.73x | 0.73x |
| Interest Coverage | 0.05x | 2.82x | 6.99x | 1.05x | -2.01x | -2.73x | 1.35x | 3.42x | 2.87x | 3.17x |
| Total Equity | 1.57B▲ 0% | 1.62B▲ 3.2% | 1.7B▲ 5.3% | 1.74B▲ 2.4% | 1.65B▼ 5.6% | 1.52B▼ 7.9% | 1.5B▼ 1.0% | 1.52B▲ 1.3% | 1.58B▲ 4.0% | 1.63B▲ 0% |
| Equity Growth % | 22.28% | 3.21% | 5.27% | 2.43% | -5.55% | -7.94% | -1.04% | 1.25% | 3.96% | 14.51% |
| Book Value per Share | 10.79 | 11.02 | 11.39 | 11.64 | 10.98 | 10.03 | 9.95 | 9.82 | 10.64 | 11.07 |
| Total Shareholders' Equity | 1.57B | 1.62B | 1.7B | 1.74B | 1.65B | 1.52B | 1.5B | 1.52B | 1.58B | 1.56B |
| Common Stock | 1.28B | 1.31B | 1.32B | 1.33B | 1.29B | 1.3B | 1.27B | 1.25B | 1.22B | 1.22B |
| Retained Earnings | 352.91M | 383.03M | 445.37M | 464.52M | 411.07M | 323.29M | 312.45M | 368.09M | 398.91M | 385.51M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -69.79M | -73.96M | -64.74M | -51.62M | -56.08M | -105.32M | -83.02M | -100.58M | -37.5M | -49.11M |
| Minority Interest | 0 | 0 | 3.46M | 3.85M | 0 | 0 | 0 | 0 | 0 | 0 |
HLX Cash Flow Statement
Helix Energy Solutions Group, Inc. (HLX) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | 51.64M | 196.74M | 169.67M | 98.8M | 140.12M | 51.11M | 152.46M | 186.03M | 136.75M | 136.75M |
| Operating CF Margin % | 8.88% | 26.59% | 22.57% | 13.47% | 20.77% | 5.85% | 11.82% | 13.69% | 10.59% | - |
| Operating CF Growth % | 33.38% | 281.01% | -13.76% | -41.77% | 41.82% | -63.52% | 198.3% | 22.02% | -26.49% | 225.13% |
| Net Income | 30.05M | 28.6M | 57.92M | 20.08M | -61.68M | -87.78M | -10.84M | 55.64M | 30.83M | 14.35M |
| Depreciation & Amortization | 108.75M | 110.52M | 122.58M | 133.71M | 141.51M | 128.72M | 164.12M | 137.2M | 134.54M | 166.99M |
| Stock-Based Compensation | 10.88M | 9.93M | 11.47M | 8.57M | 7.69M | 7.45M | 6.51M | 7.27M | 6.57M | 1.63M |
| Deferred Taxes | -54.59M | -2.43M | 0 | -3.88M | -15.2M | 4.39M | 11.53M | 10.61M | -8.07M | -14.99M |
| Other Non-Cash Items | 9.22M | 11.96M | -37.89M | 3.22M | 6.2M | 10.61M | 89.97M | -33.22M | 21.59M | 10.98M |
| Working Capital Changes | -52.67M | 38.17M | 15.59M | -62.9M | 61.6M | -12.28M | -108.83M | 8.54M | -48.71M | 3.16M |
| Change in Receivables | -28.42M | 20.92M | -3.05M | -8.42M | -14.15M | -29.86M | -64.52M | 13.74M | -37.51M | 39.45M |
| Change in Inventory | -11.73M | -8.94M | 0 | -10.83M | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 33.38M | -352K | 0 | 10.83M | 46.65M | 9.81M | 32M | -9.16M | 0 | -25.71M |
| Cash from Investing | -221.13M | -136.01M | -142.38M | -19.28M | -8.27M | -138.29M | -18.66M | -22.84M | -16.34M | -14.66M |
| Capital Expenditures | -231.13M | -137.08M | -140.85M | -20.24M | -8.32M | -33.5M | -19.59M | -23.3M | -16.34M | -14.66M |
| CapEx % of Revenue | 39.75% | 18.53% | 18.73% | 2.76% | 1.23% | 3.84% | 1.52% | 1.72% | 1.27% | - |
| Acquisitions | 10M | 25K | -4.08M | 963K | 0 | -112.63M | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 10M | 1.07M | 2.55M | 0 | 51K | 7.84M | 929K | 463K | 0 | 0 |
| Cash from Financing | 77.48M | -46.19M | -45.82M | -52.58M | -96M | -44.84M | 25.11M | -125.31M | -45.06M | -38.33M |
| Debt Issued (Net) | -140.41M | -45.28M | -43.01M | -37.31M | -90.96M | -42.94M | 29.1M | -69.47M | -9.19M | -9.41M |
| Equity Issued (Net) | 219.5M | 0 | -1.68M | -10M | 654K | 575K | -11.99M | -29.62M | -28.47M | -29.2M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -1.41M | -1.68M | -10.63M | 0 | 0 | -11.99M | -29.62M | -30.21M | -30.21M |
| Other Financing | -1.61M | -901K | -1.12M | -5.26M | -5.69M | -2.48M | 8M | -26.22M | -7.4M | 282K |
| Net Change in Cash | -90.06M▲ 0% | 12.87M▲ 114.3% | -16.9M▼ 231.3% | 28.76M▲ 270.2% | 35.81M▲ 24.5% | -138.02M▼ 485.4% | 143.08M▲ 203.7% | 35.84M▼ 75.0% | 77.17M▲ 115.3% | 131.28M▲ 0% |
| Free Cash Flow | -179.49M▲ 0% | 59.66M▲ 133.2% | 28.81M▼ 51.7% | 78.56M▲ 172.6% | 131.79M▲ 67.8% | 17.6M▼ 86.6% | 132.87M▲ 654.8% | 162.72M▲ 22.5% | 120.41M▼ 26.0% | 167.43M▲ 0% |
| FCF Margin % | -30.87% | 8.06% | 3.83% | 10.71% | 19.53% | 2.02% | 10.3% | 11.98% | 9.32% | 12.87% |
| FCF Growth % | -21.46% | 133.24% | -51.7% | 172.62% | 67.77% | -86.64% | 654.77% | 22.47% | -26.01% | 47.73% |
| FCF per Share | -1.24 | 0.41 | 0.19 | 0.52 | 0.88 | 0.12 | 0.88 | 1.05 | 0.81 | 0.81 |
| FCF Conversion (FCF/Net Income) | 1.72x | 6.88x | 2.93x | 4.46x | -2.27x | -0.58x | -14.07x | 3.34x | 4.44x | 11.67x |
| Interest Paid | 0 | 0 | 1.91M | 15.94M | 20.72M | 18.27M | 20.98M | 25.45M | 30.84M | 150K |
| Taxes Paid | 0 | 0 | 0 | 7.43M | 8.31M | 9.52M | 7.39M | 14.12M | 30.75M | 4.26M |
HLX Key Ratios
Helix Energy Solutions Group, Inc. (HLX) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | 2.11% | 1.8% | 3.49% | 1.29% | -3.64% | -5.55% | -0.72% | 3.68% | 1.99% | 0.9% |
| Return on Invested Capital (ROIC) | -0.05% | 2.16% | 2.63% | 0.48% | -1.92% | -1.09% | 4.53% | 5.43% | 2.73% | 2.73% |
| Gross Margin | 10.69% | 16.45% | 18.33% | 10.89% | 2.28% | 5.8% | 15.53% | 16.16% | 12.32% | 10.79% |
| Net Margin | 5.17% | 3.87% | 7.7% | 3.02% | -9.14% | -10.05% | -0.84% | 4.1% | 2.39% | 1.1% |
| Debt / Equity | 0.32x | 0.27x | 0.36x | 0.29x | 0.25x | 0.31x | 0.36x | 0.44x | 0.40x | 0.40x |
| Interest Coverage | 0.05x | 2.82x | 6.99x | 1.05x | -2.01x | -2.73x | 1.35x | 3.42x | 2.87x | 3.17x |
| FCF Conversion | 1.72x | 6.88x | 2.93x | 4.46x | -2.27x | -0.58x | -14.07x | 3.34x | 4.44x | 11.67x |
| Revenue Growth | 19.24% | 27.25% | 1.63% | -2.44% | -8.02% | 29.4% | 47.72% | 5.34% | -4.94% | -2.91% |
HLX SEC Filings & Documents
Helix Energy Solutions Group, Inc. (HLX) SEC filings — annual & quarterly reports (10-K, 10-Q)
HLX Frequently Asked Questions
Helix Energy Solutions Group, Inc. (HLX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Helix Energy Solutions Group, Inc. (HLX) reported $1.30B in revenue for fiscal year 2025. This represents a 1610% increase from $76.1M in 1996.
Helix Energy Solutions Group, Inc. (HLX) saw revenue decline by 4.9% over the past year.
Yes, Helix Energy Solutions Group, Inc. (HLX) is profitable, generating $14.3M in net income for fiscal year 2025 (2.4% net margin).
Dividend & Returns
Helix Energy Solutions Group, Inc. (HLX) has a return on equity (ROE) of 2.0%. This is below average, suggesting room for improvement.
Helix Energy Solutions Group, Inc. (HLX) generated $167.4M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.
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