Helix Energy Solutions Group, Inc. (HLX)
NYSE: HLX · Real-Time Price · USD
10.43
+0.31 (3.06%)
Aug 14, 2026, 4:00 PM EDT - Market closed

HLX Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
1,3491,2911,3591,290873.1674.73
Revenue Growth
11.46%-4.94%5.34%47.72%29.40%-8.02%
Gross Profit
180.44159.14219.56200.3650.6215.39
Operating Income
97.1283.2127.91105.93-26.14-48.06
Net Income
39.6430.8155.58-10.84-87.78-61.78
Earnings Per Share
0.270.210.36-0.07-0.58-0.41
EPS Growth
-17.09%-42.21%----

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Intercompany Eliminations
-51.94-33.58-44.67-38.7-34.28-48.48
Well Intervention
791.75729.37829.86707.72508.33516.56
Robotics
325.55323.35297.68257.88191.92137.3
Production Facilities
84.2372.6988.7187.8982.3269.35
Shallow Water Abandonment
-199.63186.98274.95124.81-
Total
1,3491,2911,3591,290873.1674.73

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
652.23445.2368.03332.19186.6253.52
Total Debt
610.4629.75661.12540.57469.68410.95
Net Cash (Debt)
41.84-184.55-293.09-208.38-283.07-157.43
Net Cash Growth
------
Net Cash Per Share
0.28-1.24-1.89-1.38-1.87-1.05

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
253.12136.75186.03152.4651.11140.12
Capital Expenditures
-17.75-16.34-23.3-19.59-33.5-8.32
Free Cash Flow
235.37120.41162.73132.8717.6131.8
Free Cash Flow Growth
116.48%-26.01%22.47%654.77%-86.64%67.77%

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
13.37%12.32%16.16%15.53%5.80%2.28%
Operating Margin
7.20%6.44%9.41%8.21%-2.99%-7.12%
Pretax Margin
3.78%3.29%6.04%0.58%-8.61%-10.47%
Profit Margin
2.94%2.38%4.09%-0.84%-10.05%-9.16%
FCF Margin
17.45%9.32%11.98%10.30%2.02%19.53%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
44.4629.9425.50---
Forward PE
19.3126.6811.9816.9438.7061.72
P/FCF Ratio
6.537.668.7111.6663.653.57
PS Ratio
1.140.711.041.201.280.70