Helix Energy Solutions (HLX) FCF Margin (2009 - 2026)

Helix Energy Solutions' (HLX) quarterly FCF Margin came in at 20.48% in Q1 2026, up 1618.0% year-on-year from 1.19% in Q1 2025, and down 44.27% on a QoQ basis from 36.75% in Q4 2025.

Helix Energy Solutions (HLX) FCF Margin (2009 - 2026) Analysis & Trends

Helix Energy Solutions (HLX) has 18 years of FCF Margin data on file, last reported at 20.48% in Q1 2026.

  • On a quarterly basis, FCF Margin rose 1618.0% year-over-year to 20.48% in Q1 2026; TTM through Mar 2026 was 14.04%, a 555.0% increase from a year earlier, with the FY2025 full-year figure at 10.51%, down 147.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 20.48%, down from 36.75% in the prior quarter.
  • Over the last five years, FCF Margin for HLX reached as high as 36.75% in Q4 2025 and fell as low as 12.01% in Q1 2022.
  • Historically, FCF Margin has averaged 8.69% across 5 years, with a median of 7.37% in 2022.
  • Across the five-year window, FCF Margin tumbled 3560 bps in 2022 and soared 2537 bps in 2024, its largest moves.
  • Year by year, FCF Margin stood at 7.37% in 2022, then surged by 270 bps to 27.25% in 2023, then tumbled by 32 bps to 18.43% in 2024, then soared by 99 bps to 36.75% in 2025, then tumbled by 44 bps to 20.48% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 20.48% in Q1 2026, 36.75% in Q4 2025, and 5.99% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Slb 70.54 Bn 68.33 Bn 5.38 Bn 5.62%
2 Tenaris 57.93 Bn 46.32 Bn 1.05 Bn 23.61%
3 TechnipFMC 30.31 Bn 29.04 Bn 1.64 Bn 11.11%
4 Halliburton 27.38 Bn 25.42 Bn 2.10 Bn 10.31%
5 Nov 7.25 Bn 5.97 Bn 379.00 Mn -4.43%
6 Archrock 6.68 Bn 6.68 Bn 247.42 Mn 19.36%
7 Weatherford International 6.15 Bn 5.02 Bn 776.00 Mn 12.04%
8 Kodiak Gas Services 5.93 Bn 5.84 Bn 222.88 Mn -13.65%
9 Oceaneering International 5.32 Bn 4.71 Bn 156.98 Mn 4.17%
10 Helix Energy Solutions 1.43 Bn 926.03 Mn 8.83 Mn 20.48%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 29.16%