Helix Energy Solutions (HLX) Asset Utilization Ratio (2010 - 2026)

Helix Energy Solutions' (HLX) quarterly Asset Utilization Ratio came in at 0.5 in Q1 2026, down 2.01% year-on-year from 0.51 in Q1 2025, and up 2.01% on a QoQ basis from 0.49 in Q4 2025.

Helix Energy Solutions (HLX) Asset Utilization Ratio (2010 - 2026) Analysis & Trends

Helix Energy Solutions (HLX) has 17 years of Asset Utilization Ratio data on file, last reported at 0.5 in Q1 2026.

  • On a quarterly basis, Asset Utilization Ratio fell 2.01% year-over-year to 0.5 in Q1 2026; TTM through Mar 2026 was 0.5, a 2.01% decrease from a year earlier, with the FY2025 full-year figure at 0.5, down 6.03% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.5, up from 0.49 in the prior quarter.
  • Over the last five years, Asset Utilization Ratio for HLX reached as high as 0.53 in Q2 2024 and fell as low as 0.29 in Q1 2022.
  • Historically, Asset Utilization Ratio has averaged 0.46 across 5 years, with a median of 0.49 in 2025.
  • Across the five-year window, Asset Utilization Ratio jumped 59.45% in 2023 and retreated 9.86% in 2025, its largest moves.
  • Year by year, Asset Utilization Ratio stood at 0.37 in 2022, then soared by 40.44% to 0.52 in 2023, then declined by 0.02% to 0.52 in 2024, then dropped by 4.75% to 0.49 in 2025, then increased by 2.01% to 0.5 in 2026.
  • Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.5 in Q1 2026, 0.49 in Q4 2025, and 0.49 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 0.35
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 0.45
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 1.01
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 0.88
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 0.77
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 0.94
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 0.35
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 1.06
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 0.30
10 Helix Energy Solutions 1.45 Bn 948.28 Mn 8.83 Mn 0.50

Historic Data

Download Data
DateValue
Mar 31, 2026 0.50
Dec 31, 2025 0.49
Sep 30, 2025 0.49
Jun 30, 2025 0.48
Mar 31, 2025 0.51
Dec 31, 2024 0.52
Sep 30, 2024 0.51
Jun 30, 2024 0.53
Mar 31, 2024 0.52
Dec 31, 2023 0.52
Sep 30, 2023 0.51
Jun 30, 2023 0.47
Mar 31, 2023 0.41
Dec 31, 2022 0.37
Sep 30, 2022 0.33
Jun 30, 2022 0.29
Mar 31, 2022 0.29
Dec 31, 2021 0.29
Sep 30, 2021 0.28
Jun 30, 2021 0.28