HLX
Helix Energy Solutions Group Inc
NYSE: HLX · ENERGY · OIL & GAS EQUIPMENT & SERVICES
$10.35
+2.48% today
Updated 2026-04-30
Market cap
$1.46B
P/E ratio
99.30
P/S ratio
1.12x
EPS (TTM)
$0.10
Dividend yield
—
52W range
$6 – $11
Volume
2.2M
Helix Energy Solutions Group Inc (HLX) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2014 | 2015 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.15B | $1.46B | $1.20B | $1.40B | $846.11M | $876.56M | $876.56M | $1.11B | $1.11B | $695.80M | $487.58M | $581.38M | $739.82M | $751.91M | $733.55M | $674.73M | $873.10M | $1.29B | $1.36B | $1.29B |
| Revenue growth (YoY) | — | -32.0% | -17.9% | +16.6% | -39.5% | +3.6% | +0.0% | +26.3% | +0.0% | -37.2% | -29.9% | +19.2% | +27.3% | +1.6% | -2.4% | -8.0% | +29.4% | +47.7% | +5.3% | -4.9% |
| Cost of revenue | $1.77B | $1.22B | $1.17B | $1.07B | $796.19M | $615.88M | $615.88M | $763.12M | $763.12M | $929.58M | $441.07M | $519.22M | $618.13M | $614.07M | $653.65M | $659.34M | $822.48M | $1.09B | $1.14B | $1.13B |
| Gross profit | $380.67M | $243.16M | $33.67M | $330.59M | $49.91M | $260.69M | $260.69M | $344.04M | $344.04M | $-233.77M | $46.52M | $62.17M | $121.68M | $137.84M | $79.91M | $15.39M | $50.62M | $200.36M | $219.56M | $159.14M |
| Gross margin | 17.7% | 16.6% | 2.8% | 23.6% | 5.9% | 29.7% | 29.7% | 31.1% | 31.1% | -33.6% | 9.5% | 10.7% | 16.4% | 18.3% | 10.9% | 2.3% | 5.8% | 15.5% | 16.2% | 12.3% |
| R&D | — | — | $0.00 | $0.00 | $0.00 | — | $0.00 | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $184.71M | $130.85M | $122.08M | $99.59M | $94.42M | $82.27M | $82.27M | $92.52M | $92.52M | $57.28M | $65.93M | $63.26M | $70.29M | $69.84M | $61.08M | $63.45M | $76.75M | $94.24M | $91.65M | $75.94M |
| Operating income | $-445.56M | $203.81M | $-94.66M | $235.53M | $-68.48M | $179.03M | $179.03M | $261.76M | $261.76M | $-307.36M | $-63.23M | $-1.13M | $51.54M | $68.00M | $13.03M | $-48.06M | $-26.14M | $105.93M | $127.44M | $65.14M |
| Operating margin | -20.7% | 13.9% | -7.9% | 16.8% | -8.1% | 20.4% | 20.4% | 23.6% | 23.6% | -44.2% | -13.0% | -0.2% | 7.0% | 9.0% | 1.8% | -7.1% | -3.0% | 8.2% | 9.4% | 5.0% |
| EBITDA | $-72.04M | $562.13M | $149.68M | $554.95M | $19.95M | $276.04M | — | $393.65M | — | $-330.93M | $51.57M | $109.74M | $159.02M | $189.22M | $164.45M | $94.36M | $87.68M | $192.99M | $253.17M | $252.64M |
| EBITDA margin | -3.4% | 38.5% | 12.5% | 39.7% | 2.4% | 31.5% | 0.0% | 35.6% | 0.0% | -47.6% | 10.6% | 18.9% | 21.5% | 25.2% | 22.4% | 14.0% | 10.0% | 15.0% | 18.6% | 19.6% |
| EBIT | $-413.16M | $299.52M | $-167.43M | $243.84M | $-77.25M | $177.50M | $0.00 | $284.31M | $0.00 | $-451.33M | $-62.61M | $996000.00 | $48.49M | $76.50M | $30.74M | $-47.15M | $-55.01M | $28.87M | $115.97M | $65.26M |
| Interest expense | $81.41M | $51.49M | $86.71M | $99.95M | $48.71M | $34.06M | $0.00 | $22.64M | $0.00 | $28.98M | $33.33M | $21.37M | $16.99M | $10.94M | $29.36M | $23.49M | $20.18M | $21.36M | $33.90M | $22.78M |
| Income tax | $89.98M | $95.82M | $-39.60M | $14.90M | $-59.16M | $31.61M | $31.61M | $66.97M | $66.97M | $-101.19M | $-12.47M | $-50.42M | $2.40M | $7.86M | $-18.70M | $-8.96M | $12.60M | $18.35M | $26.43M | — |
| Effective tax rate | -16.6% | 38.0% | 23.8% | 10.3% | 56.1% | 22.3% | 100.0% | 25.6% | 100.0% | 21.2% | 13.3% | 247.5% | 7.7% | 11.9% | -538.5% | 12.7% | -16.8% | 244.2% | 32.2% | 0.0% |
| Net income | $-630.85M | $156.05M | $-126.99M | $129.98M | $-46.30M | $109.92M | $0.00 | $195.05M | $0.00 | $-376.98M | $-81.44M | $30.05M | $28.60M | $57.92M | $22.17M | $-61.68M | $-87.78M | $-10.84M | $55.64M | $30.83M |
| Net income growth (YoY) | — | +124.7% | -181.4% | +202.4% | -135.6% | +337.4% | -100.0% | — | -100.0% | — | +78.4% | +136.9% | -4.8% | +102.5% | -61.7% | -378.2% | -42.3% | +87.7% | +613.4% | -44.6% |
| Profit margin | -29.4% | 10.7% | -10.6% | 9.3% | -5.5% | 12.5% | 0.0% | 17.6% | 0.0% | -54.2% | -16.7% | 5.2% | 3.9% | 7.7% | 3.0% | -9.1% | -10.1% | -0.8% | 4.1% | 2.4% |