Helix Energy Solutions Group, Inc. (HLX)
NYSE: HLX · Real-Time Price · USD
9.64
-0.27 (-2.72%)
At close: Jul 27, 2026, 4:00 PM EDT
9.64
0.00 (0.00%)
After-hours: Jul 27, 2026, 4:17 PM EDT

HLX Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,3011,2911,3591,290873.1674.73
Revenue Growth
-2.91%-4.94%5.34%47.72%29.40%-8.02%
Gross Profit
140.43159.14219.56200.3650.6215.39
Operating Income
43.6565.14127.4463.51-44.86-48.69
Net Income
14.3530.8355.64-10.84-87.78-61.54
Earnings Per Share
0.100.210.36-0.07-0.58-0.41
EPS Growth
-81.82%-41.67%----

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Production Facilities
71.5972.6988.7187.8982.3269.35
Shallow Water Abandonment
204.05199.63186.98274.95124.81-
Robotics
334.68323.35297.68257.88191.92137.3
Well Intervention
740.44729.37829.86707.72508.33516.56
Intercompany Eliminations
-49.41-33.58-44.67-38.7-34.28-48.48
Total
1,3011,2911,3591,290873.1674.73

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
501.27445.2368.03332.19186.6253.52
Total Debt
625.76629.75661.12540.57469.68410.95
Net Cash (Debt)
-124.49-184.55-293.09-208.38-283.07-157.43
Net Cash Growth
------
Net Cash Per Share
-0.84-1.24-1.89-1.38-1.87-1.05

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
182.09136.75186.03152.4651.11140.12
Capital Expenditures
-14.67-16.34-23.3-19.59-33.5-8.32
Free Cash Flow
167.43120.41162.73132.8717.6131.8
Free Cash Flow Growth
47.13%-26.01%22.47%654.77%-86.64%67.77%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingMar '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
10.79%12.32%16.16%15.53%5.80%2.28%
Operating Margin
3.35%5.04%9.38%4.92%-5.14%-7.22%
Pretax Margin
1.72%3.29%6.04%0.58%-8.61%-10.47%
Profit Margin
1.10%2.39%4.10%-0.84%-10.05%-9.14%
FCF Margin
12.87%9.32%11.98%10.30%2.02%19.53%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJul '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
99.1529.8625.89---
Forward PE
23.2326.6811.9816.9438.7061.72
P/FCF Ratio
8.607.668.6111.7863.693.58
PS Ratio
1.110.711.031.211.280.70