Helix Energy Solutions Group, Inc.

NYSE:HLX Stock Report

Market Cap: US$1.2b

Helix Energy Solutions Group Past Earnings Performance

Past criteria checks 1/6

Helix Energy Solutions Group's earnings have been declining at an average annual rate of -33.4%, while the Energy Services industry saw earnings growing at 51.8% annually. Revenues have been growing at an average rate of 15.4% per year. Helix Energy Solutions Group's return on equity is 0.5%, and it has net margins of 0.5%.

Key information

-33.4%

Earnings growth rate

-33.6%

EPS growth rate

Energy Services Industry Growth23.7%
Revenue growth rate15.4%
Return on equity0.5%
Net Margin0.5%
Next Earnings Update24 Feb 2025

Recent past performance updates

Recent updates

Getting In Cheap On Helix Energy Solutions Group, Inc. (NYSE:HLX) Might Be Difficult

Jan 05
Getting In Cheap On Helix Energy Solutions Group, Inc. (NYSE:HLX) Might Be Difficult

Helix Energy Solutions Group (NYSE:HLX) Seems To Use Debt Rather Sparingly

Dec 09
Helix Energy Solutions Group (NYSE:HLX) Seems To Use Debt Rather Sparingly

Helix Energy Solutions: Poor Sentiment But Decent Prospects Going Into 2025, Buy

Oct 25

Helix Energy Solutions Group's (NYSE:HLX) Returns On Capital Are Heading Higher

Oct 16
Helix Energy Solutions Group's (NYSE:HLX) Returns On Capital Are Heading Higher

Does Helix Energy Solutions Group (NYSE:HLX) Have A Healthy Balance Sheet?

Sep 05
Does Helix Energy Solutions Group (NYSE:HLX) Have A Healthy Balance Sheet?

Helix Energy Solutions Group, Inc.'s (NYSE:HLX) Shares May Have Run Too Fast Too Soon

Aug 18
Helix Energy Solutions Group, Inc.'s (NYSE:HLX) Shares May Have Run Too Fast Too Soon

Helix Energy Solutions: Raising Price Target On Very Strong 2025 Outlook, Buy

Jul 26

Returns On Capital Are Showing Encouraging Signs At Helix Energy Solutions Group (NYSE:HLX)

Jul 16
Returns On Capital Are Showing Encouraging Signs At Helix Energy Solutions Group (NYSE:HLX)

Is Helix Energy Solutions Group (NYSE:HLX) A Risky Investment?

May 21
Is Helix Energy Solutions Group (NYSE:HLX) A Risky Investment?

Is There An Opportunity With Helix Energy Solutions Group, Inc.'s (NYSE:HLX) 47% Undervaluation?

Apr 26
Is There An Opportunity With Helix Energy Solutions Group, Inc.'s (NYSE:HLX) 47% Undervaluation?

Helix Energy Solutions: Strong Prospects Going Into 2025, Buy

Apr 26

Helix Energy Solutions Group, Inc. (NYSE:HLX) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Apr 04
Helix Energy Solutions Group, Inc. (NYSE:HLX) Stock Rockets 26% As Investors Are Less Pessimistic Than Expected

Helix Energy Solutions Group (NYSE:HLX) Might Have The Makings Of A Multi-Bagger

Mar 21
Helix Energy Solutions Group (NYSE:HLX) Might Have The Makings Of A Multi-Bagger

Helix Energy Solutions: Mediocre 2024 Outlook Provides Buying Opportunity

Feb 28

Helix Energy Solutions: Growth And Valuation Don't Really Match Up Here

Jan 30

Helix Energy Solutions Group (NYSE:HLX) Seems To Use Debt Quite Sensibly

Jan 25
Helix Energy Solutions Group (NYSE:HLX) Seems To Use Debt Quite Sensibly

With Helix Energy Solutions Group, Inc. (NYSE:HLX) It Looks Like You'll Get What You Pay For

Dec 29
With Helix Energy Solutions Group, Inc. (NYSE:HLX) It Looks Like You'll Get What You Pay For

Helix Energy Solutions Group (NYSE:HLX) Shareholders Will Want The ROCE Trajectory To Continue

Dec 07
Helix Energy Solutions Group (NYSE:HLX) Shareholders Will Want The ROCE Trajectory To Continue

Helix Energy Solutions: Mixed Quarter And Guidance - Buy On Weakness

Oct 30

Helix Energy Solutions: Strong Prospects For 2024 And Beyond - Buy

Sep 22

Is Helix Energy Solutions Group (NYSE:HLX) A Risky Investment?

Sep 08
Is Helix Energy Solutions Group (NYSE:HLX) A Risky Investment?

Helix Energy Solutions Continues Uptrend After Strong Q2-2023 Results

Aug 18

Returns At Helix Energy Solutions Group (NYSE:HLX) Are On The Way Up

Aug 18
Returns At Helix Energy Solutions Group (NYSE:HLX) Are On The Way Up

Estimating The Fair Value Of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Jul 28
Estimating The Fair Value Of Helix Energy Solutions Group, Inc. (NYSE:HLX)

Insight Into Helix Energy Solutions Upcoming Q2-2023 Report

Jul 17

Does Helix Energy Solutions Group (NYSE:HLX) Have A Healthy Balance Sheet?

May 31
Does Helix Energy Solutions Group (NYSE:HLX) Have A Healthy Balance Sheet?

Helix Energy Solutions Group (NYSE:HLX) May Have Issues Allocating Its Capital

Apr 27
Helix Energy Solutions Group (NYSE:HLX) May Have Issues Allocating Its Capital

Is There An Opportunity With Helix Energy Solutions Group, Inc.'s (NYSE:HLX) 22% Undervaluation?

Apr 02
Is There An Opportunity With Helix Energy Solutions Group, Inc.'s (NYSE:HLX) 22% Undervaluation?

Helix Energy Solutions Group GAAP EPS of $0.02 beats by $0.01, revenue of $287.82M beats by $33.79M

Feb 21

Is Helix Energy Solutions Group (NYSE:HLX) A Risky Investment?

Feb 11
Is Helix Energy Solutions Group (NYSE:HLX) A Risky Investment?

Helix Energy Solutions - Strong Prospects For 2023 And Beyond

Jan 17

Is There An Opportunity With Helix Energy Solutions Group, Inc.'s (NYSE:HLX) 29% Undervaluation?

Dec 08
Is There An Opportunity With Helix Energy Solutions Group, Inc.'s (NYSE:HLX) 29% Undervaluation?

Helix Energy Solutions Q3 2022 Earnings Preview

Oct 21

Helix Energy: Contract Extension And Rate Revision Can Edge Past The Downtime Concerns

Oct 10

Would Helix Energy Solutions Group (NYSE:HLX) Be Better Off With Less Debt?

Sep 22
Would Helix Energy Solutions Group (NYSE:HLX) Be Better Off With Less Debt?

Helix Energy Solutions Q2 2022 Earnings Preview

Jul 22

Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Could Be 42% Below Their Intrinsic Value Estimate

Jun 15
Helix Energy Solutions Group, Inc. (NYSE:HLX) Shares Could Be 42% Below Their Intrinsic Value Estimate

Helix Energy Solutions Looks To Beat The Adversities

May 17

Here's Why Helix Energy Solutions Group (NYSE:HLX) Can Afford Some Debt

May 11
Here's Why Helix Energy Solutions Group (NYSE:HLX) Can Afford Some Debt

Revenue & Expenses Breakdown

How Helix Energy Solutions Group makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NYSE:HLX Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 241,3397870
30 Jun 241,392-7940
31 Mar 241,336-32950
31 Dec 231,290-11940
30 Sep 231,24220940
30 Jun 231,119-14900
31 Mar 23973-51820
31 Dec 22873-88770
30 Sep 22754-116750
30 Jun 22662-117650
31 Mar 22661-101630
31 Dec 21675-62630
30 Sep 21666-32550
30 Jun 2167912570
31 Mar 2171631600
31 Dec 2073420610
30 Sep 2074424690
30 Jun 2076431690
31 Mar 2076642700
31 Dec 1975257700
30 Sep 1974036660
30 Jun 1973931710
31 Mar 1974232720
31 Dec 1874028700
30 Sep 1874592700
30 Jun 1869568650
31 Mar 1864144610
31 Dec 1758130630
30 Sep 17546-75650
30 Jun 17544-66670
31 Mar 17501-70690
31 Dec 16488-81660
30 Sep 16517-431620
30 Jun 16538-432570
31 Mar 16597-424580
31 Dec 15696-377570
30 Sep 1574535660
30 Jun 15904100720
31 Mar 151,043160850
31 Dec 141,107194930
30 Sep 141,127222870
30 Jun 141,006191900
31 Mar 14933161810

Quality Earnings: HLX has a large one-off loss of $69.2M impacting its last 12 months of financial results to 30th September, 2024.

Growing Profit Margin: HLX's current net profit margins (0.5%) are lower than last year (1.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: HLX has become profitable over the past 5 years, growing earnings by -33.4% per year.

Accelerating Growth: HLX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: HLX had negative earnings growth (-64.4%) over the past year, making it difficult to compare to the Energy Services industry average (30.5%).


Return on Equity

High ROE: HLX's Return on Equity (0.5%) is considered low.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/31 05:50
End of Day Share Price 2025/01/31 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Helix Energy Solutions Group, Inc. is covered by 25 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chase MulvehillBofA Global Research
Gregory LewisBTIG
Luke LemoineCapital One Securities, Inc.