Helix Energy Solutions (HLX) FCF Margin (2009 - 2026)
Helix Energy Solutions (HLX) reported 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 18 years of FCF Margin data on file, last reported at 20.48% in Q1 2026.
- FCF Margin for Q1 2026 came in at 20.48%, up 1618.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.04% (up 555.0% YoY), and the FY2025 annual result was 10.51%, down 147.0% from the prior year.
- FCF Margin fell to 20.48% in Q1 2026 per HLX's latest filing, from 36.75% in the prior quarter.
- Over five years, FCF Margin peaked at 36.75% in Q4 2025 and troughed at 12.01% in Q1 2022.
- A 5-year average of 8.69% and a median of 7.37% in 2022 frame the typical range for FCF Margin.
- The sharpest annual moves came in 2022 and 2024: FCF Margin sank 3560 bps in 2022, then surged 2537 bps in 2024.
- A 5-year view of FCF Margin shows it stood at 7.37% in 2022, then surged by 270 bps to 27.25% in 2023, then slumped by 32 bps to 18.43% in 2024, then soared by 99 bps to 36.75% in 2025, then slumped 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 | 82.25 Bn | 80.04 Bn | 4.67 Bn | 1.65% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 2.49% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 1.50% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 11.11% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | -4.43% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 7.12% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 19.36% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 16.10% |
| 10 | Helix Energy Solutions | 1.36 Bn | 858.51 Mn | 8.83 Mn | 20.48% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |