Helix Energy Solutions (HLX) Interest Coverage Ratio (2009 - 2026)

Helix Energy Solutions' (HLX) quarterly Interest Coverage Ratio came in at 0.03 in Q1 2026, down 108.59% year-on-year from 0.4 in Q1 2025, and down 106.17% on a QoQ basis from 0.56 in Q4 2025.

Helix Energy Solutions (HLX) Interest Coverage Ratio (2009 - 2026) Analysis & Trends

Helix Energy Solutions (HLX) has 18 years of Interest Coverage Ratio data on file, last reported at 0.03 in Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 108.59% year-over-year to 0.03 in Q1 2026; TTM through Mar 2026 was 0.11, a 99.09% decrease from a year earlier, with the FY2025 full-year figure at 0.17, down 43.01% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 0.03, down from 0.56 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for HLX reached as high as 7.5 in Q3 2023 and fell as low as 3.77 in Q2 2022.
  • Historically, Interest Coverage Ratio has averaged 1.48 across 5 years, with a median of 0.3 in 2023.
  • Across the five-year window, Interest Coverage Ratio tumbled 6024.4% in 2022 and soared 686.89% in 2025, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 0.12 in 2022, then jumped by 348.38% to 0.3 in 2023, then tumbled by 497.53% to 1.18 in 2024, then jumped by 147.15% to 0.56 in 2025, then sank by 106.17% to 0.03 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 0.03 in Q1 2026, 0.56 in Q4 2025, and 5.81 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 8.09
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -130.03
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 4.46
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 5.96
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 5.41
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 53.50
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 5.11
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 6.35
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 1.60
10 Helix Energy Solutions 1.45 Bn 948.28 Mn 8.83 Mn -0.03

Historic Data

Download Data
DateValue
Mar 31, 2026 -0.03
Dec 31, 2025 0.56
Sep 30, 2025 5.81
Jun 30, 2025 -0.01
Mar 31, 2025 0.40
Dec 31, 2024 -1.18
Sep 30, 2024 5.31
Jun 30, 2024 6.33
Mar 31, 2024 -0.07
Dec 31, 2023 0.30
Sep 30, 2023 7.50
Jun 30, 2023 4.16
Mar 31, 2023 -0.51
Dec 31, 2022 -0.12
Sep 30, 2022 2.48
Jun 30, 2022 -3.77
Mar 31, 2022 -2.06
Dec 31, 2021 1.19
Sep 30, 2021 -1.69
Jun 30, 2021 -1.84