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| Date | Value |
|---|---|
| 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 |