Helix Energy Solutions (HLX) Asset Utilization Ratio (2010 - 2026)
Helix Energy Solutions (HLX) posted quarterly Asset Utilization Ratio of 0.5 for Q1 2026, down 2.01% year-over-year from 0.51 in Q1 2025, and up 2.01% quarter-over-quarter from 0.49 in Q4 2025.
Helix Energy Solutions (HLX) Asset Utilization Ratio (2010 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has reported Asset Utilization Ratio for 17 consecutive years, with 0.5 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 2.01% year-over-year to 0.5; the TTM figure through Mar 2026 stood at 0.5 (down 2.01% YoY), while the FY2025 annual figure was 0.5, down 6.03% from the prior year.
- Asset Utilization Ratio rose to 0.5 in Q1 2026 per HLX's latest filing, from 0.49 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.53 in Q2 2024 and bottomed at 0.29 in Q1 2022.
- Historically, Asset Utilization Ratio has averaged 0.46 across 5 years, with a median of 0.49 in 2025.
- Annual changes were most pronounced in 2023 — Asset Utilization Ratio soared 59.45% — and 2025, when it slipped 9.86%.
- Helix Energy Solutions' Asset Utilization Ratio stood at 0.37 in 2022, then jumped by 40.44% to 0.52 in 2023, then slipped by 0.02% to 0.52 in 2024, then decreased by 4.75% to 0.49 in 2025, then climbed by 2.01% to 0.5 in 2026.
- Business Quant data shows HLX's Asset Utilization Ratio at 0.5 in Q1 2026, 0.49 in Q4 2025, and 0.49 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 0.51 |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 0.54 |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 145,330.70 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 1.02 |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 0.88 |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 0.77 |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 0.94 |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 0.28 |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 0.34 |
| 10 | Helix Energy Solutions | 1.54 Bn | 886.95 Mn | 56.20 Mn | 0.51 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.51 |
| 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 |