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

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

  • Asset Utilization Ratio for Q1 2026 came in at 0.5, down 2.01% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.5 (down 2.01% YoY), and the FY2025 annual result was 0.5, down 6.03% from the prior year.
  • Asset Utilization Ratio advanced to 0.5 in Q1 2026 per HLX's latest filing, from 0.49 in the prior quarter.
  • Over five years, Asset Utilization Ratio peaked at 0.53 in Q2 2024 and troughed at 0.29 in Q1 2022.
  • A 5-year average of 0.46 and a median of 0.49 in 2025 frame the typical range for Asset Utilization Ratio.
  • The sharpest annual moves came in 2023 and 2025: Asset Utilization Ratio soared 59.45% in 2023, then slipped 9.86% in 2025.
  • A 5-year view of Asset Utilization Ratio shows it stood at 0.37 in 2022, then soared by 40.44% to 0.52 in 2023, then decreased by 0.02% to 0.52 in 2024, then retreated by 4.75% to 0.49 in 2025, then advanced 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 0.51
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 0.61
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 0.88
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 1.01
5 Enerflex 8.62 Bn 8.57 Bn - 0.22
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 0.77
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 0.95
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 0.35
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 0.30
10 Helix Energy Solutions 1.36 Bn 858.51 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