Helix Energy Solutions (HLX) FCF Margin (2009 - 2026)
Helix Energy Solutions (HLX) posted quarterly FCF Margin of 20.48% for Q1 2026, up 1618.0% year-over-year from 1.19% in Q1 2025, and down 44.27% quarter-over-quarter from 36.75% in Q4 2025.
Helix Energy Solutions (HLX) FCF Margin (2009 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has reported FCF Margin for 18 consecutive years, with 20.48% the latest figure, recorded in Q1 2026.
- In Q1 2026, FCF Margin rose 1618.0% year-over-year to 20.48%; the TTM figure through Mar 2026 stood at 14.04% (up 555.0% YoY), while the FY2025 annual figure was 10.51%, down 147.0% from the prior year.
- FCF Margin eased to 20.48% in Q1 2026 per HLX's latest filing, from 36.75% in the prior quarter.
- Across five years, FCF Margin topped out at 36.75% in Q4 2025 and bottomed at 12.01% in Q1 2022.
- Historically, FCF Margin has averaged 8.69% across 5 years, with a median of 7.37% in 2022.
- Annual changes were most pronounced in 2022 — FCF Margin sank 3560 bps — and 2024, when it surged 2537 bps.
- Helix Energy Solutions' FCF Margin stood at 7.37% in 2022, then soared by 270 bps to 27.25% in 2023, then tumbled by 32 bps to 18.43% in 2024, then jumped by 99 bps to 36.75% in 2025, then tumbled by 44 bps to 20.48% in 2026.
- Business Quant data shows HLX's FCF Margin at 20.48% in Q1 2026, 36.75% in Q4 2025, and 5.99% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.18 Bn | 76.11 Bn | 4.63 Bn | 10.03% |
| 2 | Baker Hughes | 62.06 Bn | 46.33 Bn | 1.58 Bn | 15.50% |
| 3 | Tenaris | 53.02 Bn | 43.99 Bn | 984.66 | 0.00% |
| 4 | TechnipFMC | 30.90 Bn | 29.65 Bn | 1.40 Bn | 17.66% |
| 5 | Halliburton | 29.51 Bn | 27.47 Bn | 2.10 Bn | 10.31% |
| 6 | Nov | 7.31 Bn | 6.15 Bn | 521.00 Mn | -3.00% |
| 7 | Weatherford International | 6.54 Bn | 5.40 Bn | 662.00 Mn | 12.04% |
| 8 | Kodiak Gas Services | 5.72 Bn | 5.59 Bn | 246.76 Mn | -25.76% |
| 9 | Archrock | 5.53 Bn | 5.53 Bn | 244.51 Mn | 16.92% |
| 10 | Helix Energy Solutions | 1.53 Bn | 880.33 Mn | 56.20 Mn | 15.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.37% |
| Mar 31, 2026 | 20.48% |
| Dec 31, 2025 | 36.75% |
| Sep 30, 2025 | 5.99% |
| Jun 30, 2025 | -7.15% |
| Mar 31, 2025 | 4.30% |
| Dec 31, 2024 | 18.43% |
| Sep 30, 2024 | 15.35% |
| Jun 30, 2024 | -4.43% |
| Mar 31, 2024 | 20.55% |
| Dec 31, 2023 | 27.25% |
| Sep 30, 2023 | 6.47% |
| Jun 30, 2023 | 9.79% |
| Mar 31, 2023 | -4.82% |
| Dec 31, 2022 | 7.37% |
| Sep 30, 2022 | 8.02% |
| Jun 30, 2022 | -4.55% |
| Mar 31, 2022 | -12.01% |
| Dec 31, 2021 | 10.63% |
| Sep 30, 2021 | 15.55% |