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| 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 |