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Helix Energy Solutions Group (HLX) Financials

Helix Energy Solutions Group logo
$6.34 +0.20 (+3.26%)
Closing price 05/27/2025 03:59 PM Eastern
Extended Trading
$6.38 +0.04 (+0.55%)
As of 04:05 AM Eastern
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Annual Income Statements for Helix Energy Solutions Group

Annual Income Statements for Helix Energy Solutions Group

This table shows Helix Energy Solutions Group's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Income / (Loss) Attributable to Common Shareholders
56 -11 -88 -62 22 58 29 30 -81 -377 195
Consolidated Net Income / (Loss)
56 -11 -88 -62 20 58 29 30 -81 -377 196
Net Income / (Loss) Continuing Operations
56 -11 -88 -62 20 58 29 30 -81 -377 196
Total Pre-Tax Income
82 7.51 -75 -71 1.38 66 31 -20 -94 -478 263
Total Operating Income
127 64 -45 -49 13 68 52 -1.13 -63 -307 262
Total Gross Profit
220 200 51 15 80 138 122 62 47 -234 344
Total Revenue
1,359 1,290 873 675 734 752 740 581 488 696 1,107
Operating Revenue
1,359 1,290 873 675 734 752 740 581 488 696 1,107
Total Cost of Revenue
1,139 1,089 822 659 654 614 618 519 441 930 763
Operating Cost of Revenue
1,139 1,089 822 659 654 614 618 519 441 930 763
Total Operating Expenses
92 137 95 64 67 70 70 63 110 74 82
Selling, General & Admin Expense
92 94 77 63 61 70 70 63 66 57 93
Restructuring Charge
0.00 0.54 2.66 0.00 0.00 - - - - - -
Other Special Charges / (Income)
0.48 42 16 0.63 -0.89 0.00 -0.15 0.04 -1.29 -0.09 -10
Total Other Income / (Expense), net
-45 -56 -30 -22 -12 -2.44 -21 -19 -31 -171 0.77
Interest Expense
21 37 0.00 0.14 -9.24 0.02 1.18 0.40 3.54 - -
Interest & Investment Income
-21 -15 -7.00 -20 -28 -3.59 -18 -21 -33 -151 -17
Other Income / (Expense), net
-3.92 -3.59 -23 -1.49 7.43 1.17 -1.69 2.30 6.27 -20 18
Income Tax Expense
26 18 13 -8.96 -19 7.86 2.40 -50 -12 -101 67
Basic Earnings per Share
$0.37 ($0.07) ($0.58) ($0.41) $0.13 $0.39 $0.19 $0.20 ($0.73) ($3.58) $1.85
Weighted Average Basic Shares Outstanding
151.99M 150.92M 151.28M 150.06M 148.99M 147.54M 146.70M 145.30M 111.61M 105.42M 105.03M
Diluted Earnings per Share
$0.36 ($0.07) ($0.58) ($0.41) $0.13 $0.38 $0.19 $0.20 ($0.73) ($3.58) $1.85
Weighted Average Diluted Shares Outstanding
154.70M 150.92M 151.28M 150.06M 149.90M 149.58M 146.83M 145.30M 111.61M 105.42M 105.05M
Weighted Average Basic & Diluted Shares Outstanding
150.94M 152.42M 152.15M 151.64M 150.71M 149.96M 150.50M 150.30M 111.60M 105.30M 105.40M

Quarterly Income Statements for Helix Energy Solutions Group

This table shows Helix Energy Solutions Group's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Income / (Loss) Attributable to Common Shareholders
3.07 20 30 32 -26 -28 16 7.10 -5.17 2.71 -19
Consolidated Net Income / (Loss)
3.07 20 30 32 -26 -28 16 7.10 -5.17 2.71 -19
Net Income / (Loss) Continuing Operations
3.07 20 30 32 -26 -28 16 7.10 -5.17 2.71 -19
Total Pre-Tax Income
3.53 24 39 47 -28 -20 24 10 -7.18 5.24 -12
Total Operating Income
8.17 31 45 53 -1.28 15 36 20 -8.30 -5.13 12
Total Gross Profit
28 59 66 75 20 49 81 55 15 31 39
Total Revenue
278 355 342 365 296 335 396 309 250 288 273
Operating Revenue
278 355 342 365 296 335 396 309 250 288 273
Total Cost of Revenue
251 296 277 289 277 286 315 253 235 256 233
Operating Cost of Revenue
251 296 277 289 277 286 315 253 235 256 233
Total Operating Expenses
19 28 21 22 21 34 44 35 23 36 27
Selling, General & Admin Expense
19 28 21 22 21 23 28 24 20 23 24
Other Special Charges / (Income)
0.00 0.43 -0.10 0.00 0.15 11 16 11 3.63 13 2.66
Total Other Income / (Expense), net
-4.65 -6.88 -5.61 -6.18 -27 -35 -12 -9.79 1.12 10 -24
Interest Expense
0.00 - 0.00 0.00 21 37 0.00 0.00 0.00 - -
Interest & Investment Income
-4.29 -5.51 -5.56 -5.89 -3.57 -4.68 -4.07 -4.05 -2.32 -2.78 -4.57
Other Income / (Expense), net
-0.36 -1.37 -0.05 -0.29 -2.22 6.96 -8.26 -5.74 3.44 13 -20
Income Tax Expense
0.45 3.88 9.52 15 -1.70 8.72 8.34 3.31 -2.02 2.53 6.50
Basic Earnings per Share
$0.02 $0.14 $0.19 $0.21 ($0.17) ($0.19) $0.10 $0.05 ($0.03) $0.02 ($0.12)
Weighted Average Basic Shares Outstanding
151.04M 151.99M 151.91M 152.23M 152.37M 150.92M 150.55M 150.79M 151.76M 151.28M 151.33M
Diluted Earnings per Share
$0.02 $0.13 $0.19 $0.21 ($0.17) ($0.19) $0.10 $0.05 ($0.03) $0.02 ($0.12)
Weighted Average Diluted Shares Outstanding
152.17M 154.70M 154.85M 155.02M 152.37M 150.92M 153.62M 153.40M 151.76M 151.28M 151.33M
Weighted Average Basic & Diluted Shares Outstanding
151.53M 150.94M 152.10M 152.05M 152.45M 152.42M 150.71M 150.82M 151.50M 152.15M 151.82M

Annual Cash Flow Statements for Helix Energy Solutions Group

This table details how cash moves in and out of Helix Energy Solutions Group's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Net Change in Cash & Equivalents
36 143 -138 36 29 -19 13 -92 -138 18 -1.71
Net Cash From Operating Activities
186 152 51 140 99 170 197 52 39 111 359
Net Cash From Continuing Operating Activities
186 152 51 140 99 170 197 52 39 111 359
Net Income / (Loss) Continuing Operations
56 -11 -88 -62 20 58 29 30 -81 -377 196
Consolidated Net Income / (Loss)
56 -11 -88 -62 20 58 29 30 -81 -377 196
Depreciation Expense
137 138 129 142 134 113 111 109 114 120 109
Amortization Expense
38 28 16 3.18 10 9.86 9.33 11 14 12 10
Non-Cash Adjustments To Reconcile Net Income
-64 -11 -14 -4.49 -2.24 9.42 16 14 55 492 -7.18
Changes in Operating Assets and Liabilities, net
19 7.47 8.16 62 -63 -20 32 -112 -63 -136 51
Net Cash From Investing Activities
-23 -19 -138 -8.27 -19 -142 -136 -221 -147 -296 -336
Net Cash From Continuing Investing Activities
-23 -19 -138 -8.27 -19 -142 -136 -221 -147 -296 -336
Purchase of Property, Plant & Equipment
-23 -20 -34 -8.32 -20 -141 -137 -231 -186 -320 -337
Acquisitions
0.00 0.00 -113 0.00 0.00 -4.08 0.00 0.00 - - -20
Sale of Property, Plant & Equipment
0.10 0.37 0.00 0.05 0.96 2.55 0.03 10 13 18 14
Sale and/or Maturity of Investments
0.00 0.00 7.84 0.00 0.00 - - - 1.20 7.00 7.91
Other Investing Activities, net
0.36 0.56 0.00 0.00 - - 1.04 0.00 0.00 - -
Net Cash From Financing Activities
-125 25 -45 -96 -53 -46 -46 77 -26 205 -30
Net Cash From Continuing Financing Activities
-125 25 -45 -96 -42 -46 -46 77 -26 205 -30
Repayment of Debt
-71 -276 -44 -92 -237 -80 -170 -240 -247 -48 -24
Repurchase of Common Equity
-30 -12 0.00 -2.36 0.00 0.00 - - - - -8.38
Issuance of Debt
0.00 299 0.00 0.00 200 35 125 100 125 250 0.00
Issuance of Common Equity
1.86 0.98 0.58 0.65 0.62 0.46 0.51 220 97 3.48 3.22
Other Financing Activities, net
-27 14 -1.90 -2.00 -5.26 -1.68 -1.41 -2.04 -0.34 -1.12 0.07
Effect of Exchange Rate Changes
-2.04 -16 -5.99 -0.04 1.82 - -1.68 - -3.63 -2.01 4.39

Quarterly Cash Flow Statements for Helix Energy Solutions Group

This table details how cash moves in and out of Helix Energy Solutions Group's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Net Change in Cash & Equivalents
1.96 44 49 -49 -8.34 164 -14 13 -20 24 -98
Net Cash From Operating Activities
16 78 56 -12 64 95 32 32 -5.39 50 25
Net Cash From Continuing Operating Activities
16 78 56 -12 64 95 32 32 -5.39 50 25
Net Income / (Loss) Continuing Operations
3.07 20 30 32 -26 -28 16 7.10 -5.17 2.71 -19
Consolidated Net Income / (Loss)
3.07 20 30 32 -26 -28 16 7.10 -5.17 2.71 -19
Depreciation Expense
33 4.47 43 43 46 18 43 39 38 26 36
Amortization Expense
9.79 37 0.56 0.59 0.62 26 0.64 0.60 0.60 15 0.58
Non-Cash Adjustments To Reconcile Net Income
-17 -90 -1.59 1.98 25 -27 10 7.74 -2.13 -53 30
Changes in Operating Assets and Liabilities, net
-13 106 -16 -90 19 105 -38 -23 -36 59 -24
Net Cash From Investing Activities
-4.49 -13 -3.09 -3.99 -3.24 -2.86 -8.25 -1.26 -6.30 -29 -115
Net Cash From Continuing Investing Activities
-4.49 -13 -3.09 -3.99 -3.24 -2.86 -8.25 -1.26 -6.30 -29 -115
Purchase of Property, Plant & Equipment
-4.49 -13 -3.19 -3.99 -3.61 -3.42 -8.25 -1.26 -6.67 -29 -2.80
Other Investing Activities, net
0.00 - - - 0.36 0.56 - - 0.00 - -
Net Cash From Financing Activities
-11 -20 -4.05 -32 -69 76 -36 -5.65 -9.42 -0.41 -4.12
Net Cash From Continuing Financing Activities
-11 -20 -4.05 -32 -69 76 -36 -5.65 -9.42 -0.41 -4.12
Repayment of Debt
-4.54 -0.08 -4.79 -0.13 -66 -237 -35 -0.10 -4.12 -0.03 -4.34
Repurchase of Common Equity
0.00 -19 - -6.01 -4.18 - -1.93 -5.08 -4.98 - -
Issuance of Common Equity
0.73 - 0.74 0.62 0.50 - 0.39 0.35 0.24 - 0.22
Other Financing Activities, net
-7.27 -0.23 - -27 0.38 15 - -0.82 -0.56 -0.38 -
Effect of Exchange Rate Changes
1.08 -1.81 0.46 -0.41 -0.28 -4.54 -1.34 -11 1.19 3.55 -3.43

Annual Balance Sheets for Helix Energy Solutions Group

This table presents Helix Energy Solutions Group's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Total Assets
2,597 2,556 2,389 2,326 2,498 2,597 2,348 2,363 2,247 2,400 2,701
Total Current Assets
710 698 461 530 526 438 451 452 523 684 694
Cash & Equivalents
368 332 187 254 291 208 279 267 357 494 476
Accounts Receivable
259 280 213 144 132 125 120 143 112 97 133
Other Current Assets
83 85 59 58 102 50 52 42 37 40 53
Plant, Property, & Equipment, net
1,438 1,573 1,642 1,658 1,783 1,873 1,827 1,806 1,652 1,603 1,735
Plant, Property & Equipment, gross
3,069 3,079 3,016 2,938 2,949 2,922 2,786 2,696 2,451 2,545 2,241
Accumulated Depreciation
1,631 1,506 1,375 1,281 1,166 1,050 959 890 799 942 506
Total Noncurrent Assets
450 285 287 139 190 286 70 105 73 113 271
Other Noncurrent Operating Assets
450 285 287 139 190 286 70 105 73 42 59
Total Liabilities & Shareholders' Equity
2,597 2,556 2,389 2,326 2,498 2,597 2,348 2,363 2,247 2,400 2,701
Total Liabilities
1,077 1,055 873 679 754 894 730 795 965 1,121 1,047
Total Current Liabilities
304 449 298 278 279 285 191 266 186 211 226
Short-Term Debt
9.19 48 38 43 91 100 47 110 68 72 28
Accounts Payable
145 135 135 88 50 69 55 81 60 65 83
Accrued Expenses
90 203 74 92 87 62 86 72 59 72 105
Other Current Liabilities
60 63 51 56 52 54 0.00 - - - -
Total Noncurrent Liabilities
773 606 575 400 475 609 538 530 779 910 822
Long-Term Debt
306 313 226 262 259 306 393 386 558 678 523
Noncurrent Deferred & Payable Income Tax Liabilities
114 111 99 87 111 112 106 103 167 181 260
Other Noncurrent Operating Liabilities
353 182 250 51 105 190 40 41 53 51 38
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 - - - - 0.00 0.00
Total Equity & Noncontrolling Interests
1,520 1,501 1,517 1,647 1,740 1,700 1,618 1,567 1,282 1,279 1,653
Total Preferred & Common Equity
1,520 1,501 1,517 1,647 1,740 1,700 1,618 1,567 1,282 1,279 1,653
Total Common Equity
1,520 1,501 1,517 1,647 1,740 1,700 1,618 1,567 1,282 1,279 1,653
Common Stock
1,252 1,272 1,299 1,292 1,328 1,319 1,309 1,284 1,056 946 934
Retained Earnings
368 312 323 411 465 445 383 353 323 404 781
Accumulated Other Comprehensive Income / (Loss)
-101 -83 -105 -56 -52 -65 -74 -70 -97 -71 -62

Quarterly Balance Sheets for Helix Energy Solutions Group

This table presents Helix Energy Solutions Group's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric Q1 2025 Q3 2024 Q2 2024 Q1 2024 Q3 2023 Q2 2023 Q1 2023 Q3 2022
Period end date 3/31/2025 9/30/2024 6/30/2024 3/31/2024 9/30/2023 6/30/2023 3/31/2023 9/30/2022
Total Assets
2,635 2,661 2,597 2,614 2,435 2,424 2,369 2,355
Total Current Assets
736 694 624 606 555 512 449 476
Cash & Equivalents
370 324 275 324 168 183 167 162
Accounts Receivable
258 271 284 220 308 253 217 228
Other Current Assets
108 99 65 62 79 76 63 83
Plant, Property, & Equipment, net
1,434 1,511 1,501 1,530 1,575 1,609 1,626 1,608
Plant, Property & Equipment, gross
3,114 3,137 3,074 3,067 3,050 3,059 3,037 2,946
Accumulated Depreciation
1,679 1,626 1,573 1,538 1,475 1,450 1,410 1,338
Total Noncurrent Assets
464 456 472 478 305 303 294 272
Other Noncurrent Operating Assets
464 456 472 478 305 303 294 272
Total Liabilities & Shareholders' Equity
2,635 2,661 2,597 2,614 2,435 2,424 2,369 2,355
Total Liabilities
1,090 1,091 1,100 1,147 904 892 854 874
Total Current Liabilities
323 303 300 348 390 383 288 330
Short-Term Debt
9.41 9.19 8.97 8.97 8.75 38 38 38
Accounts Payable
160 142 145 120 142 146 134 132
Accrued Expenses
91 92 89 164 178 143 61 112
Other Current Liabilities
64 60 58 55 61 56 54 48
Total Noncurrent Liabilities
766 787 800 799 514 509 566 543
Long-Term Debt
302 305 310 309 219 222 222 225
Noncurrent Deferred & Payable Income Tax Liabilities
113 124 120 110 106 100 98 97
Other Noncurrent Operating Liabilities
351 358 370 380 190 187 246 220
Commitments & Contingencies
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Total Equity & Noncontrolling Interests
1,545 1,571 1,497 1,467 1,531 1,532 1,516 1,482
Total Preferred & Common Equity
1,545 1,571 1,497 1,467 1,531 1,532 1,516 1,482
Total Common Equity
1,545 1,571 1,497 1,467 1,531 1,532 1,516 1,482
Common Stock
1,247 1,270 1,268 1,270 1,291 1,291 1,294 1,297
Retained Earnings
371 348 318 286 341 325 318 321
Accumulated Other Comprehensive Income / (Loss)
-73 -48 -89 -90 -101 -85 -97 -136

Annual Metrics And Ratios for Helix Energy Solutions Group

This table displays calculated financial ratios and metrics derived from Helix Energy Solutions Group's official financial filings.

Metric 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Period end date 12/31/2024 12/31/2023 12/31/2022 12/31/2021 12/31/2020 12/31/2019 12/31/2018 12/31/2017 12/31/2016 12/31/2015 12/31/2014
Growth Metrics
- - - - - - - - - - -
Revenue Growth
5.34% 47.72% 29.40% -8.02% -2.44% 1.63% 27.25% 19.24% -29.93% -37.15% 26.31%
EBITDA Growth
32.06% 194.84% -18.71% -42.48% -14.31% 12.99% 40.53% 70.43% 136.36% -148.81% 35.58%
EBIT Growth
106.13% 187.88% -35.89% -345.26% -70.42% 38.74% 4,157.05% 102.06% 82.57% -216.96% 50.58%
NOPAT Growth
194.31% -191.75% 7.87% -118.02% 216.06% 25.85% 6,111.67% 98.21% 79.43% -210.35% 39.65%
Net Income Growth
613.35% 87.65% -42.31% -407.13% -65.19% 101.75% -4.84% 136.90% 78.40% -292.78% 72.98%
EPS Growth
614.29% 87.93% -41.46% -415.38% -65.79% 100.00% -5.00% 127.40% 79.61% -293.51% 77.88%
Operating Cash Flow Growth
22.02% 198.30% -63.52% 41.82% -41.77% -13.76% 281.01% 33.38% -65.06% -69.18% 383.45%
Free Cash Flow Firm Growth
592.52% -1,435.81% -98.41% -38.53% 3,063.92% -112.02% 126.55% -181.26% 39.38% -305.03% 237.90%
Invested Capital Growth
-4.16% -3.84% -2.07% -9.83% -2.37% 3.81% -0.99% 15.81% 2.87% -4.49% 8.57%
Revenue Q/Q Growth
1.49% 3.81% 15.81% 1.32% -1.46% 1.68% -0.66% 6.45% -5.73% -6.64% -1.75%
EBITDA Q/Q Growth
0.45% 8.84% 107.17% -28.30% 5.89% 7.62% -6.16% 65.26% 128.07% -205.83% -9.79%
EBIT Q/Q Growth
4.18% 31.41% 33.88% -263.36% 17.86% 21.81% -20.06% 102.33% 85.22% -658.26% -13.77%
NOPAT Q/Q Growth
313.17% -441.24% 32.64% -132.02% 294.32% 24.04% -62.86% 97.85% 83.11% -473.62% -12.67%
Net Income Q/Q Growth
674.56% -153.64% 24.58% -94.84% -15.97% 60.20% -69.22% 140.10% 81.10% -1,181.81% -13.03%
EPS Q/Q Growth
800.00% -150.00% 24.68% -86.36% -18.75% 58.33% -68.85% 133.33% 82.15% -1,184.85% -12.32%
Operating Cash Flow Q/Q Growth
-8.26% 41.91% 152.25% -13.20% -28.62% 24.95% 14.96% -5.41% -55.41% 13.82% 0.95%
Free Cash Flow Firm Q/Q Growth
205.00% -268.30% -94.01% 13.03% 359.98% -31.69% 106.17% -51.83% -310.43% 41.68% -33.29%
Invested Capital Q/Q Growth
-6.04% -3.70% 0.70% -2.40% -0.23% 2.04% 1.34% 8.30% 1.15% -17.92% 3.05%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
16.16% 15.53% 5.80% 2.28% 10.89% 18.33% 16.45% 10.69% 9.54% -33.60% 31.07%
EBITDA Margin
22.02% 17.56% 8.80% 14.01% 22.40% 25.50% 22.94% 20.77% 14.53% -28.01% 36.07%
Operating Margin
9.38% 4.92% -5.14% -7.22% 1.78% 9.04% 6.97% -0.19% -12.97% -44.17% 23.64%
EBIT Margin
9.09% 4.65% -7.81% -7.44% 2.79% 9.20% 6.74% 0.20% -11.68% -46.98% 25.25%
Profit (Net Income) Margin
4.10% -0.84% -10.05% -9.14% 2.74% 7.67% 3.87% 5.17% -16.70% -54.18% 17.66%
Tax Burden Percent
67.80% -144.24% 116.76% 87.32% 1,452.21% 88.01% 92.26% -147.52% 86.72% 78.84% 74.49%
Interest Burden Percent
66.44% 12.54% 110.26% 140.79% 6.76% 94.79% 62.18% -1,739.71% 164.85% 146.27% 93.92%
Effective Tax Rate
32.20% 244.24% 0.00% 0.00% -1,352.21% 11.99% 7.74% 0.00% 0.00% 0.00% 25.51%
Return on Invested Capital (ROIC)
5.76% -5.87% -1.95% -1.99% 10.37% 3.30% 2.66% -0.05% -2.89% -13.94% 12.86%
ROIC Less NNEP Spread (ROIC-NNEP)
269.33% 148.72% -215.34% -154.80% -157.41% 1.89% -7.06% 12.33% -17.82% -223.83% 12.07%
Return on Net Nonoperating Assets (RNNOA)
-2.08% 5.15% -3.60% -1.65% -9.20% 0.17% -0.86% 2.16% -3.47% -11.77% -0.55%
Return on Equity (ROE)
3.68% -0.72% -5.55% -3.64% 1.17% 3.47% 1.80% 2.11% -6.36% -25.71% 12.31%
Cash Return on Invested Capital (CROIC)
10.01% -1.95% 0.14% 8.35% 12.77% -0.43% 3.66% -14.70% -5.72% -9.35% 4.64%
Operating Return on Assets (OROA)
4.79% 2.42% -2.89% -2.08% 0.80% 2.80% 2.12% 0.05% -2.45% -12.82% 10.66%
Return on Assets (ROA)
2.16% -0.44% -3.72% -2.56% 0.79% 2.33% 1.21% 1.30% -3.51% -14.78% 7.46%
Return on Common Equity (ROCE)
3.68% -0.72% -5.55% -3.63% 1.16% 3.47% 1.80% 2.11% -6.36% -25.71% 12.21%
Return on Equity Simple (ROE_SIMPLE)
3.66% -0.72% -5.79% -3.74% 1.15% 3.39% 1.77% 1.92% -6.35% -29.48% 11.83%
Net Operating Profit after Tax (NOPAT)
86 -92 -31 -34 189 60 48 -0.79 -44 -215 195
NOPAT Margin
6.36% -7.10% -3.60% -5.05% 25.79% 7.96% 6.43% -0.14% -9.08% -30.92% 17.61%
Net Nonoperating Expense Percent (NNEP)
-263.56% -154.59% 213.39% 152.82% 167.78% 1.41% 9.72% -12.38% 14.92% 209.89% 0.79%
Return On Investment Capital (ROIC_SIMPLE)
4.71% -4.92% -1.76% - - - - - - - -
Cost of Revenue to Revenue
83.84% 84.47% 94.20% 97.72% 89.11% 81.67% 83.55% 89.31% 90.46% 133.60% 68.93%
SG&A Expenses to Revenue
6.75% 7.32% 8.79% 9.40% 8.33% 9.29% 9.50% 10.88% 13.52% 8.23% 8.36%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
6.78% 10.61% 10.93% 9.50% 9.12% 9.29% 9.48% 10.89% 22.51% 10.58% 7.43%
Earnings before Interest and Taxes (EBIT)
124 60 -68 -50 20 69 50 1.17 -57 -327 280
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
299 227 77 95 164 192 170 121 71 -195 399
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.93 1.03 0.74 0.29 0.36 0.84 0.50 0.71 0.83 0.44 1.39
Price to Tangible Book Value (P/TBV)
0.93 1.03 0.74 0.29 0.36 0.84 0.50 0.71 0.83 0.45 1.44
Price to Revenue (P/Rev)
1.04 1.20 1.28 0.70 0.86 1.91 1.08 1.92 2.18 0.80 2.07
Price to Earnings (P/E)
25.48 0.00 0.00 0.00 28.44 24.74 28.03 37.06 0.00 0.00 11.74
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
3.92% 0.00% 0.00% 0.00% 3.52% 4.04% 3.57% 2.70% 0.00% 0.00% 8.52%
Enterprise Value to Invested Capital (EV/IC)
0.93 1.03 0.75 0.28 0.38 0.86 0.54 0.75 0.86 0.52 1.40
Enterprise Value to Revenue (EV/Rev)
1.00 1.22 1.37 0.66 0.94 2.10 1.30 2.31 2.73 1.13 2.00
Enterprise Value to EBITDA (EV/EBITDA)
4.56 6.97 15.56 4.75 4.22 8.24 5.67 11.12 18.81 0.00 5.55
Enterprise Value to EBIT (EV/EBIT)
11.05 26.35 0.00 0.00 33.86 22.84 19.31 1,146.75 0.00 0.00 7.93
Enterprise Value to NOPAT (EV/NOPAT)
15.80 0.00 0.00 0.00 3.66 26.40 20.24 0.00 0.00 0.00 11.36
Enterprise Value to Operating Cash Flow (EV/OCF)
7.34 10.36 23.39 3.20 7.01 9.31 4.89 26.01 34.42 7.10 6.16
Enterprise Value to Free Cash Flow (EV/FCFF)
9.10 0.00 524.19 3.13 2.97 0.00 14.73 0.00 0.00 0.00 31.47
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.21 0.24 0.17 0.19 0.20 0.24 0.27 0.32 0.49 0.59 0.33
Long-Term Debt to Equity
0.20 0.21 0.15 0.16 0.15 0.18 0.24 0.25 0.44 0.53 0.32
Financial Leverage
-0.01 0.03 0.02 0.01 0.06 0.09 0.12 0.17 0.19 0.05 -0.05
Leverage Ratio
1.71 1.64 1.49 1.42 1.48 1.49 1.48 1.62 1.81 1.74 1.65
Compound Leverage Factor
1.13 0.21 1.64 2.00 0.10 1.41 0.92 -28.15 2.99 2.54 1.55
Debt to Total Capital
17.18% 19.42% 14.83% 15.62% 16.69% 19.24% 21.39% 24.02% 32.81% 36.94% 25.01%
Short-Term Debt to Total Capital
0.50% 2.59% 2.15% 2.20% 4.33% 4.73% 2.30% 5.33% 3.54% 3.53% 1.28%
Long-Term Debt to Total Capital
16.67% 16.83% 12.68% 13.43% 12.37% 14.52% 19.10% 18.70% 29.27% 33.41% 23.73%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.18% 0.16% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
82.82% 80.58% 85.17% 84.38% 83.12% 80.59% 78.61% 75.98% 67.19% 63.06% 74.99%
Debt to EBITDA
1.05 1.60 3.44 3.23 2.13 2.12 2.59 4.10 8.83 -3.84 1.38
Net Debt to EBITDA
-0.18 0.13 0.98 -0.23 0.35 0.75 0.95 1.90 3.80 -1.17 -0.19
Long-Term Debt to EBITDA
1.02 1.38 2.94 2.77 1.58 1.60 2.32 3.19 7.88 -3.48 1.31
Debt to NOPAT
3.65 -3.95 -8.41 -8.95 1.85 6.78 9.26 -626.58 -14.14 -3.48 2.83
Net Debt to NOPAT
-0.61 -0.32 -2.39 0.65 0.31 2.39 3.38 -289.55 -6.08 -1.06 -0.38
Long-Term Debt to NOPAT
3.54 -3.42 -7.19 -7.69 1.37 5.12 8.27 -487.69 -12.62 -3.15 2.68
Altman Z-Score
1.86 1.75 1.31 1.01 1.20 1.65 1.41 1.39 1.18 0.61 2.68
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.11% 0.21% 0.10% 0.00% 0.00% 0.00% 0.00% 0.79%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
2.33 1.56 1.55 1.90 1.88 1.54 2.35 1.70 2.80 3.24 3.08
Quick Ratio
2.06 1.37 1.34 1.43 1.52 1.17 2.09 1.54 2.52 2.80 2.70
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
150 -30 2.28 143 233 -7.86 65 -246 -87 -144 70
Operating Cash Flow to CapEx
801.74% 793.10% 152.54% 1,694.08% 512.42% 122.68% 143.55% 23.35% 22.34% 36.60% 111.18%
Free Cash Flow to Firm to Interest Expense
7.17 -0.82 0.00 1,052.66 0.00 -436.54 55.24 -619.86 -24.72 0.00 0.00
Operating Cash Flow to Interest Expense
8.89 4.09 0.00 1,030.27 0.00 9,426.06 166.31 130.07 10.94 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
7.78 3.57 0.00 969.46 0.00 1,742.50 50.45 -426.92 -38.02 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.53 0.52 0.37 0.28 0.29 0.30 0.31 0.25 0.21 0.27 0.42
Accounts Receivable Turnover
5.04 5.23 4.89 4.88 5.69 6.13 5.62 4.55 4.67 6.05 7.01
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.90 0.80 0.53 0.39 0.40 0.41 0.41 0.34 0.30 0.42 0.68
Accounts Payable Turnover
8.15 8.07 7.37 9.56 10.98 9.91 9.08 7.34 7.02 12.50 9.78
Days Sales Outstanding (DSO)
72.41 69.79 74.60 74.75 64.11 59.55 64.92 80.18 78.19 60.33 52.08
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
44.76 45.20 49.53 38.19 33.25 36.81 40.19 49.74 51.96 29.21 37.31
Cash Conversion Cycle (CCC)
27.65 24.59 25.07 36.56 30.86 22.73 24.73 30.44 26.23 31.12 14.77
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
1,467 1,531 1,592 1,625 1,803 1,846 1,779 1,796 1,551 1,508 1,579
Invested Capital Turnover
0.91 0.83 0.54 0.39 0.40 0.41 0.41 0.35 0.32 0.45 0.73
Increase / (Decrease) in Invested Capital
-64 -61 -34 -177 -44 68 -18 245 43 -71 125
Enterprise Value (EV)
1,365 1,579 1,195 449 693 1,580 962 1,343 1,333 787 2,215
Market Capitalization
1,418 1,549 1,120 471 631 1,433 802 1,114 1,063 558 2,290
Book Value per Share
$9.99 $9.96 $9.99 $10.92 $11.59 $11.42 $10.92 $10.61 $10.63 $12.05 $15.67
Tangible Book Value per Share
$9.99 $9.96 $9.99 $10.92 $11.59 $11.42 $10.92 $10.61 $10.63 $11.63 $15.08
Total Capital
1,835 1,863 1,781 1,952 2,094 2,109 2,058 2,063 1,908 2,028 2,205
Total Debt
315 362 264 305 350 406 440 496 626 749 551
Total Long-Term Debt
306 313 226 262 259 306 393 386 558 678 523
Net Debt
-53 30 75 -22 58 143 161 229 269 229 -75
Capital Expenditures (CapEx)
23 19 34 8.27 19 138 137 221 173 303 323
Debt-free, Cash-free Net Working Capital (DFCFNWC)
46 -35 12 -33 46 -9.32 27 29 47 51 20
Debt-free Net Working Capital (DFNWC)
414 298 201 294 337 253 307 296 404 545 497
Net Working Capital (NWC)
405 249 163 251 246 154 259 186 336 473 469
Net Nonoperating Expense (NNE)
31 -81 56 28 169 2.15 19 -31 37 162 -0.57
Net Nonoperating Obligations (NNO)
-53 30 75 -22 58 143 161 229 269 229 -75
Total Depreciation and Amortization (D&A)
176 167 145 145 144 123 120 120 128 132 120
Debt-free, Cash-free Net Working Capital to Revenue
3.42% -2.69% 1.34% -4.89% 6.23% -1.24% 3.68% 5.04% 9.70% 7.27% 1.83%
Debt-free Net Working Capital to Revenue
30.51% 23.07% 23.00% 43.59% 45.94% 33.68% 41.46% 50.89% 82.85% 78.29% 44.87%
Net Working Capital to Revenue
29.83% 19.32% 18.63% 37.24% 33.58% 20.42% 35.07% 31.99% 68.99% 68.00% 42.33%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.37 ($0.07) ($0.58) ($0.41) $0.13 $0.39 $0.19 $0.20 ($0.73) ($3.58) $1.85
Adjusted Weighted Average Basic Shares Outstanding
151.99M 150.92M 151.28M 150.06M 148.99M 147.54M 146.70M 145.30M 111.61M 105.42M 105.03M
Adjusted Diluted Earnings per Share
$0.36 ($0.07) ($0.58) ($0.41) $0.13 $0.38 $0.19 $0.20 ($0.73) ($3.58) $1.85
Adjusted Weighted Average Diluted Shares Outstanding
154.70M 150.92M 151.28M 150.06M 149.90M 149.58M 146.83M 145.30M 111.61M 105.42M 105.05M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
150.94M 152.42M 152.15M 151.64M 150.71M 149.96M 148.79M 148.08M 147.66M 107.54M 105.91M
Normalized Net Operating Profit after Tax (NOPAT)
87 74 -18 -34 13 60 47 -0.76 -14 -204 187
Normalized NOPAT Margin
6.38% 5.75% -2.10% -4.99% 1.80% 7.96% 6.41% -0.13% -2.79% -29.28% 16.92%
Pre Tax Income Margin
6.04% 0.58% -8.61% -10.47% 0.19% 8.72% 4.19% -3.50% -19.26% -68.72% 23.71%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
5.90 1.61 0.00 -368.95 0.00 3,842.33 42.14 2.95 -16.09 0.00 0.00
NOPAT to Interest Expense
4.13 -2.46 0.00 -250.59 0.00 3,324.74 40.20 -1.99 -12.50 0.00 0.00
EBIT Less CapEx to Interest Expense
4.79 1.09 0.00 -429.76 0.00 -3,841.22 -73.72 -554.05 -65.05 0.00 0.00
NOPAT Less CapEx to Interest Expense
3.02 -2.97 0.00 -311.41 0.00 -4,358.81 -75.66 -558.99 -61.46 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.52%
Augmented Payout Ratio
53.24% -110.61% 0.00% -3.82% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.81%

Quarterly Metrics And Ratios for Helix Energy Solutions Group

This table displays calculated financial ratios and metrics derived from Helix Energy Solutions Group's official financial filings.

Metric Q1 2025 Q4 2024 Q3 2024 Q2 2024 Q1 2024 Q4 2023 Q3 2023 Q2 2023 Q1 2023 Q4 2022 Q3 2022
Period end date 3/31/2025 12/31/2024 9/30/2024 6/30/2024 3/31/2024 12/31/2023 9/30/2023 6/30/2023 3/31/2023 12/31/2022 9/30/2022
Growth Metrics
- - - - - - - - - - -
Revenue Growth
-6.13% 5.96% -13.46% 18.13% 18.44% 16.45% 45.18% 89.91% 66.58% 70.65% 50.82%
EBITDA Growth
16.95% 5.28% 22.53% 78.60% 30.68% 37.78% 149.26% 2,511.59% 1,296.91% 443.65% 23.30%
EBIT Growth
323.80% 32.07% 59.42% 265.74% 28.13% 178.59% 463.40% 145.70% 86.82% 129.80% 46.35%
NOPAT Growth
897.34% 140.44% 43.09% 165.15% 84.63% 505.94% 175.63% 203.72% 74.82% 85.89% 218.34%
Net Income Growth
111.69% 171.02% 89.68% 354.77% -408.94% -1,145.88% 182.93% 123.91% 87.71% 110.46% 1.47%
EPS Growth
111.76% 168.42% 90.00% 320.00% -466.67% -1,050.00% 183.33% 125.00% 89.29% 111.76% 7.69%
Operating Cash Flow Growth
-74.50% -17.69% 76.30% -138.61% 1,295.92% 90.57% 28.24% 639.31% 69.03% 163.51% -14.15%
Free Cash Flow Firm Growth
-112.51% 24.50% 317.88% 275.43% 786.10% 131.76% -84.08% -135.37% -113.02% -80.42% -30.49%
Invested Capital Growth
1.73% -4.16% -1.78% -4.34% -9.08% -3.84% 0.55% 4.85% 0.96% -2.07% -5.08%
Revenue Q/Q Growth
-21.70% 3.71% -6.13% 23.15% -11.62% -15.29% 28.12% 23.49% -13.11% 5.60% 67.61%
EBITDA Q/Q Growth
-28.02% -19.76% -9.20% 123.00% -37.27% -6.61% 32.35% 63.18% -31.68% 68.94% 1,286.72%
EBIT Q/Q Growth
-73.52% -33.82% -15.72% 1,615.03% -114.22% -20.12% 93.37% 397.70% -160.59% 204.20% 75.68%
NOPAT Q/Q Growth
-72.49% -23.31% -7.61% 4,190.09% -108.30% -54.36% 71.21% 337.06% -119.15% -130.99% 164.43%
Net Income Q/Q Growth
-84.73% -31.83% -8.59% 222.83% 7.22% -282.09% 119.15% 237.46% -290.66% 114.44% 36.82%
EPS Q/Q Growth
-84.62% -31.58% -9.52% 223.53% 10.53% -290.00% 100.00% 266.67% -250.00% 116.67% 40.00%
Operating Cash Flow Q/Q Growth
-78.91% 39.92% 558.16% -118.86% -31.93% 199.70% 0.35% 684.22% -110.85% 101.67% 522.02%
Free Cash Flow Firm Q/Q Growth
-120.25% 44.31% -41.71% -26.59% 101.60% 384.39% 124.47% -187.13% -168.10% -66.72% -45.64%
Invested Capital Q/Q Growth
1.33% -6.04% 1.35% 5.42% -4.53% -3.70% -1.29% 0.20% 0.96% 0.70% 2.92%
Profitability Metrics
- - - - - - - - - - -
Gross Margin
9.90% 16.57% 19.18% 20.69% 6.60% 14.70% 20.36% 17.92% 6.07% 10.90% 14.39%
EBITDA Margin
18.29% 19.89% 25.71% 26.58% 14.68% 20.02% 18.16% 17.58% 13.31% 16.92% 10.58%
Operating Margin
2.94% 8.69% 13.04% 14.58% -0.43% 4.59% 9.16% 6.54% -3.32% -1.78% 4.49%
EBIT Margin
2.81% 8.31% 13.02% 14.50% -1.18% 6.67% 7.07% 4.68% -1.94% 2.79% -2.82%
Profit (Net Income) Margin
1.10% 5.67% 8.62% 8.85% -8.87% -8.45% 3.93% 2.30% -2.07% 0.94% -6.88%
Tax Burden Percent
87.15% 83.83% 75.61% 68.68% 93.93% 144.47% 65.11% 68.19% 71.91% 51.72% 153.01%
Interest Burden Percent
45.11% 81.33% 87.54% 88.86% 801.40% -87.78% 85.43% 71.98% 147.83% 65.31% 159.32%
Effective Tax Rate
12.85% 16.17% 24.39% 31.32% 0.00% 0.00% 34.89% 31.81% 0.00% 48.28% 0.00%
Return on Invested Capital (ROIC)
2.33% 6.61% 8.38% 8.85% -0.26% 2.65% 4.67% 3.17% -1.41% -0.50% 1.46%
ROIC Less NNEP Spread (ROIC-NNEP)
14.87% 56.01% -8.77% 1.88% -59.60% -72.18% -5.51% -13.05% 0.02% 19.79% -56.38%
Return on Net Nonoperating Assets (RNNOA)
-0.32% -0.43% -0.14% 0.08% -1.71% -2.50% -0.29% -0.35% 0.00% 0.33% -1.69%
Return on Equity (ROE)
2.01% 6.17% 8.24% 8.92% -1.97% 0.15% 4.38% 2.82% -1.41% -0.17% -0.23%
Cash Return on Invested Capital (CROIC)
5.24% 10.01% 3.12% 2.53% 12.73% -1.95% 1.14% -3.89% -1.84% 0.14% 2.34%
Operating Return on Assets (OROA)
1.44% 4.38% 6.84% 8.04% -0.63% 3.48% 3.67% 2.26% -0.81% 1.03% -0.91%
Return on Assets (ROA)
0.56% 2.99% 4.53% 4.91% -4.76% -4.41% 2.04% 1.11% -0.86% 0.35% -2.21%
Return on Common Equity (ROCE)
2.01% 6.17% 8.24% 8.92% -1.97% 0.15% 4.38% 2.82% -1.41% -0.17% -0.23%
Return on Equity Simple (ROE_SIMPLE)
5.50% 0.00% 0.46% -0.45% -2.18% 0.00% 1.32% -0.92% -3.36% 0.00% -7.86%
Net Operating Profit after Tax (NOPAT)
7.12 26 34 37 -0.89 11 24 14 -5.81 -2.65 8.56
NOPAT Margin
2.56% 7.29% 9.86% 10.01% -0.30% 3.21% 5.96% 4.46% -2.32% -0.92% 3.14%
Net Nonoperating Expense Percent (NNEP)
-12.55% -49.40% 17.15% 6.96% 59.34% 74.83% 10.18% 16.22% -1.43% -20.29% 57.84%
Return On Investment Capital (ROIC_SIMPLE)
0.38% 1.41% - - - 0.58% - - - -0.15% -
Cost of Revenue to Revenue
90.10% 83.43% 80.82% 79.31% 93.40% 85.30% 79.64% 82.08% 93.93% 89.10% 85.61%
SG&A Expenses to Revenue
6.96% 7.76% 6.17% 6.11% 6.98% 6.85% 7.03% 7.77% 7.85% 7.92% 8.65%
R&D to Revenue
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Operating Expenses to Revenue
6.96% 7.88% 6.14% 6.11% 7.03% 10.11% 11.20% 11.38% 9.39% 12.68% 9.90%
Earnings before Interest and Taxes (EBIT)
7.82 30 45 53 -3.49 22 28 14 -4.86 8.02 -7.70
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)
51 71 88 97 43 67 72 54 33 49 29
Valuation Ratios
- - - - - - - - - - -
Price to Book Value (P/BV)
0.81 0.93 1.07 1.22 1.13 1.03 1.10 0.73 0.78 0.74 0.40
Price to Tangible Book Value (P/TBV)
0.81 0.93 1.07 1.22 1.13 1.03 1.10 0.73 0.78 0.74 0.40
Price to Revenue (P/Rev)
0.94 1.04 1.26 1.31 1.24 1.20 1.36 1.00 1.21 1.28 0.78
Price to Earnings (P/E)
14.76 25.48 234.97 0.00 0.00 0.00 83.38 0.00 0.00 0.00 0.00
Dividend Yield
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Earnings Yield
6.78% 3.92% 0.43% 0.00% 0.00% 0.00% 1.20% 0.00% 0.00% 0.00% 0.00%
Enterprise Value to Invested Capital (EV/IC)
0.80 0.93 1.08 1.21 1.13 1.03 1.10 0.74 0.79 0.75 0.43
Enterprise Value to Revenue (EV/Rev)
0.89 1.00 1.25 1.34 1.23 1.22 1.40 1.07 1.30 1.37 0.91
Enterprise Value to EBITDA (EV/EBITDA)
3.90 4.56 5.64 6.62 6.89 6.97 8.38 7.25 11.24 15.56 18.46
Enterprise Value to EBIT (EV/EBIT)
8.87 11.05 14.16 18.28 25.93 26.35 38.24 120.50 0.00 0.00 0.00
Enterprise Value to NOPAT (EV/NOPAT)
11.67 15.80 80.26 0.00 33.35 0.00 64.95 89.95 0.00 0.00 0.00
Enterprise Value to Operating Cash Flow (EV/OCF)
8.66 7.34 8.28 10.43 7.41 10.36 16.23 11.91 20.10 23.39 33.78
Enterprise Value to Free Cash Flow (EV/FCFF)
15.49 9.10 34.12 46.80 8.43 0.00 96.32 0.00 0.00 524.19 17.99
Leverage & Solvency
- - - - - - - - - - -
Debt to Equity
0.20 0.21 0.20 0.21 0.22 0.24 0.15 0.17 0.17 0.17 0.18
Long-Term Debt to Equity
0.20 0.20 0.19 0.21 0.21 0.21 0.14 0.15 0.15 0.15 0.15
Financial Leverage
-0.02 -0.01 0.02 0.04 0.03 0.03 0.05 0.03 0.03 0.02 0.03
Leverage Ratio
1.74 1.71 1.64 1.66 1.67 1.64 1.59 1.51 1.50 1.49 1.49
Compound Leverage Factor
0.79 1.39 1.44 1.47 13.39 -1.44 1.36 1.09 2.22 0.97 2.38
Debt to Total Capital
16.76% 17.18% 16.69% 17.55% 17.82% 19.42% 12.93% 14.56% 14.66% 14.83% 15.10%
Short-Term Debt to Total Capital
0.51% 0.50% 0.49% 0.49% 0.50% 2.59% 0.50% 2.15% 2.16% 2.15% 2.19%
Long-Term Debt to Total Capital
16.25% 16.67% 16.20% 17.06% 17.32% 16.83% 12.43% 12.41% 12.50% 12.68% 12.92%
Preferred Equity to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Noncontrolling Interests to Total Capital
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Common Equity to Total Capital
83.24% 82.82% 83.31% 82.45% 82.18% 80.58% 87.07% 85.44% 85.34% 85.17% 84.90%
Debt to EBITDA
1.01 1.05 1.06 1.13 1.33 1.60 1.09 1.58 2.31 3.44 7.11
Net Debt to EBITDA
-0.19 -0.18 -0.03 0.15 -0.02 0.13 0.28 0.47 0.81 0.98 2.66
Long-Term Debt to EBITDA
0.98 1.02 1.03 1.10 1.29 1.38 1.05 1.35 1.97 2.94 6.08
Debt to NOPAT
3.04 3.65 15.05 -10.60 6.44 -3.95 8.47 19.62 -18.44 -8.41 -5.65
Net Debt to NOPAT
-0.57 -0.61 -0.45 -1.45 -0.12 -0.32 2.19 5.89 -6.46 -2.39 -2.12
Long-Term Debt to NOPAT
2.95 3.54 14.61 -10.30 6.26 -3.42 8.14 16.73 -15.72 -7.19 -4.84
Altman Z-Score
1.59 1.74 1.85 1.92 1.64 1.70 1.94 1.49 1.50 1.42 0.98
Noncontrolling Interest Sharing Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Liquidity Ratios
- - - - - - - - - - -
Current Ratio
2.28 2.33 2.29 2.08 1.74 1.56 1.42 1.34 1.56 1.55 1.44
Quick Ratio
1.94 2.06 1.96 1.86 1.56 1.37 1.22 1.14 1.33 1.34 1.18
Cash Flow Metrics
- - - - - - - - - - -
Free Cash Flow to Firm (FCFF)
-18 90 62 106 145 72 15 -61 -21 31 93
Operating Cash Flow to CapEx
366.35% 622.67% 1,805.93% -304.94% 1,788.74% 2,767.66% 383.40% 2,510.04% -85.59% 174.34% 879.41%
Free Cash Flow to Firm to Interest Expense
0.00 0.00 0.00 0.00 6.93 1.93 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow to Interest Expense
0.00 0.00 0.00 0.00 3.08 2.54 0.00 0.00 0.00 0.00 0.00
Operating Cash Flow Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 2.91 2.45 0.00 0.00 0.00 0.00 0.00
Efficiency Ratios
- - - - - - - - - - -
Asset Turnover
0.51 0.53 0.53 0.55 0.54 0.52 0.52 0.48 0.42 0.37 0.32
Accounts Receivable Turnover
5.60 5.04 4.62 5.19 6.12 5.23 4.64 5.51 5.43 4.89 4.13
Inventory Turnover
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Fixed Asset Turnover
0.90 0.90 0.87 0.90 0.85 0.80 0.78 0.71 0.60 0.53 0.46
Accounts Payable Turnover
7.94 8.15 7.93 8.03 8.88 8.07 7.73 7.96 7.66 7.37 7.15
Days Sales Outstanding (DSO)
65.13 72.41 78.93 70.38 59.67 69.79 78.75 66.27 67.28 74.60 88.29
Days Inventory Outstanding (DIO)
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Days Payable Outstanding (DPO)
45.95 44.76 46.02 45.47 41.10 45.20 47.20 45.83 47.62 49.53 51.06
Cash Conversion Cycle (CCC)
19.17 27.65 32.90 24.91 18.57 24.59 31.55 20.44 19.66 25.07 37.23
Capital & Investment Metrics
- - - - - - - - - - -
Invested Capital
1,486 1,467 1,561 1,540 1,461 1,531 1,589 1,610 1,607 1,592 1,581
Invested Capital Turnover
0.91 0.91 0.85 0.88 0.87 0.83 0.78 0.71 0.61 0.54 0.46
Increase / (Decrease) in Invested Capital
25 -64 -28 -70 -146 -61 8.74 74 15 -34 -85
Enterprise Value (EV)
1,195 1,365 1,678 1,864 1,647 1,579 1,744 1,196 1,269 1,195 684
Market Capitalization
1,254 1,418 1,688 1,820 1,652 1,549 1,685 1,118 1,178 1,120 586
Book Value per Share
$10.24 $9.99 $10.33 $9.82 $9.62 $9.96 $10.15 $10.11 $9.96 $9.99 $9.77
Tangible Book Value per Share
$10.24 $9.99 $10.33 $9.82 $9.62 $9.96 $10.15 $10.11 $9.96 $9.99 $9.77
Total Capital
1,856 1,835 1,885 1,815 1,785 1,863 1,758 1,793 1,776 1,781 1,745
Total Debt
311 315 315 319 318 362 227 261 260 264 264
Total Long-Term Debt
302 306 305 310 309 313 219 222 222 226 225
Net Debt
-59 -53 -9.45 44 -5.69 30 59 78 91 75 99
Capital Expenditures (CapEx)
4.49 13 3.09 3.99 3.61 3.42 8.25 1.26 6.30 29 2.80
Debt-free, Cash-free Net Working Capital (DFCFNWC)
52 46 76 58 -57 -35 5.08 -15 31 12 19
Debt-free Net Working Capital (DFNWC)
422 414 400 333 267 298 173 168 200 201 184
Net Working Capital (NWC)
413 405 391 324 258 249 165 129 161 163 146
Net Nonoperating Expense (NNE)
4.05 5.77 4.24 4.24 25 39 8.03 6.68 -0.65 -5.36 27
Net Nonoperating Obligations (NNO)
-59 -53 -9.45 44 -5.69 30 59 78 91 75 99
Total Depreciation and Amortization (D&A)
43 41 43 44 47 45 44 40 38 41 37
Debt-free, Cash-free Net Working Capital to Revenue
3.90% 3.42% 5.66% 4.14% -4.28% -2.69% 0.41% -1.33% 3.14% 1.34% 2.52%
Debt-free Net Working Capital to Revenue
31.50% 30.51% 29.88% 23.90% 19.96% 23.07% 13.96% 14.99% 20.53% 23.00% 24.38%
Net Working Capital to Revenue
30.80% 29.83% 29.19% 23.26% 19.29% 19.32% 13.26% 11.55% 16.58% 18.63% 19.32%
Earnings Adjustments
- - - - - - - - - - -
Adjusted Basic Earnings per Share
$0.02 $0.14 $0.19 $0.21 ($0.17) ($0.19) $0.10 $0.05 ($0.03) $0.02 ($0.12)
Adjusted Weighted Average Basic Shares Outstanding
151.04M 151.99M 151.91M 152.23M 152.37M 150.92M 150.55M 150.79M 151.76M 151.28M 151.33M
Adjusted Diluted Earnings per Share
$0.02 $0.13 $0.19 $0.21 ($0.17) ($0.19) $0.10 $0.05 ($0.03) $0.02 ($0.12)
Adjusted Weighted Average Diluted Shares Outstanding
152.17M 154.70M 154.85M 155.02M 152.37M 150.92M 153.62M 153.40M 151.76M 151.28M 151.33M
Adjusted Basic & Diluted Earnings per Share
$0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding
151.53M 150.94M 152.10M 152.05M 152.45M 152.42M 150.71M 150.82M 151.50M 152.15M 151.82M
Normalized Net Operating Profit after Tax (NOPAT)
7.12 26 34 37 -0.79 18 34 21 -3.11 4.44 11
Normalized NOPAT Margin
2.56% 7.39% 9.84% 10.01% -0.27% 5.49% 8.68% 6.92% -1.24% 1.54% 4.02%
Pre Tax Income Margin
1.27% 6.76% 11.40% 12.89% -9.45% -5.85% 6.04% 3.37% -2.87% 1.82% -4.50%
Debt Service Ratios
- - - - - - - - - - -
EBIT to Interest Expense
0.00 0.00 0.00 0.00 -0.17 0.60 0.00 0.00 0.00 0.00 0.00
NOPAT to Interest Expense
0.00 0.00 0.00 0.00 -0.04 0.29 0.00 0.00 0.00 0.00 0.00
EBIT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 -0.34 0.51 0.00 0.00 0.00 0.00 0.00
NOPAT Less CapEx to Interest Expense
0.00 0.00 0.00 0.00 -0.22 0.20 0.00 0.00 0.00 0.00 0.00
Payout Ratios
- - - - - - - - - - -
Dividend Payout Ratio
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Augmented Payout Ratio
29.93% 53.24% 141.85% -178.97% -34.99% -110.61% 59.33% -71.24% -9.79% 0.00% -0.07%

Frequently Asked Questions About Helix Energy Solutions Group's Financials

When does Helix Energy Solutions Group's financial year end?

According to the most recent income statement we have on file, Helix Energy Solutions Group's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Helix Energy Solutions Group's net income changed over the last 10 years?

Helix Energy Solutions Group's net income appears to be on a downward trend, with a most recent value of $55.64 million in 2024, falling from $195.55 million in 2014. The previous period was -$10.84 million in 2023. See where experts think Helix Energy Solutions Group is headed by visiting Helix Energy Solutions Group's forecast page.

What is Helix Energy Solutions Group's operating income?
Helix Energy Solutions Group's total operating income in 2024 was $127.44 million, based on the following breakdown:
  • Total Gross Profit: $219.56 million
  • Total Operating Expenses: $92.13 million
How has Helix Energy Solutions Group revenue changed over the last 10 years?

Over the last 10 years, Helix Energy Solutions Group's total revenue changed from $1.11 billion in 2014 to $1.36 billion in 2024, a change of 22.7%.

How much debt does Helix Energy Solutions Group have?

Helix Energy Solutions Group's total liabilities were at $1.08 billion at the end of 2024, a 2.1% increase from 2023, and a 2.9% increase since 2014.

How much cash does Helix Energy Solutions Group have?

In the past 10 years, Helix Energy Solutions Group's cash and equivalents has ranged from $186.60 million in 2022 to $494.19 million in 2015, and is currently $368.03 million as of their latest financial filing in 2024.

How has Helix Energy Solutions Group's book value per share changed over the last 10 years?

Over the last 10 years, Helix Energy Solutions Group's book value per share changed from 15.67 in 2014 to 9.99 in 2024, a change of -36.2%.



This page (NYSE:HLX) was last updated on 5/28/2025 by MarketBeat.com Staff
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