Helix Energy Solutions Group (HLX) Financials

$6.83 +0.31 (+4.82%)

Closing price 03:59 PM Eastern

Extended Trading

$7.34 +0.51 (+7.40%)

As of 05:57 PM Eastern

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

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

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

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

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

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

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

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

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

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

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.

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%.

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This page (NYSE:HLX) was last updated on 4/17/2025 by MarketBeat.com Staff

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Helix Energy Solutions Group (HLX) Financials

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Helix Energy Solutions Group (HLX) Financials

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