Helix Energy Solutions (HLX) Interest Coverage Ratio (2009 - 2026)
Helix Energy Solutions (HLX) posted quarterly Interest Coverage Ratio of 0.03 for Q1 2026, down 108.59% year-over-year from 0.4 in Q1 2025, and down 117.8% quarter-over-quarter from 0.19 in Q4 2025.
Helix Energy Solutions (HLX) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has reported Interest Coverage Ratio for 18 consecutive years, with 0.03 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 108.59% year-over-year to 0.03; the TTM figure through Mar 2026 stood at 0.11 (down 96.23% YoY), while the FY2025 annual figure was 0.17, down 43.01% from the prior year.
- Interest Coverage Ratio retreated to 0.03 in Q1 2026 per HLX's latest filing, from 0.19 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 7.5 in Q3 2023 and bottomed at 3.77 in Q2 2022.
- Historically, Interest Coverage Ratio has averaged 1.68 across 5 years, with a median of 0.28 in 2023.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio sank 6024.4% — and 2024, when it soared 1170.48%.
- Helix Energy Solutions' Interest Coverage Ratio stood at 1.04 in 2022, then surged by 127.17% to 0.28 in 2023, then jumped by 1170.48% to 3.6 in 2024, then slumped by 94.64% to 0.19 in 2025, then slumped by 117.8% to 0.03 in 2026.
- Business Quant data shows HLX's Interest Coverage Ratio at 0.03 in Q1 2026, 0.19 in Q4 2025, and 5.81 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 80.33 Bn | 76.25 Bn | 4.63 Bn | 33.66 |
| 2 | Baker Hughes | 61.93 Bn | 46.20 Bn | 1.58 Bn | - |
| 3 | Tenaris | 53.10 Bn | 44.08 Bn | 984.66 | -40.66 |
| 4 | TechnipFMC | 30.78 Bn | 29.54 Bn | 1.40 Bn | -82.21 |
| 5 | Halliburton | 29.58 Bn | 27.53 Bn | 2.10 Bn | - |
| 6 | Nov | 7.35 Bn | 6.19 Bn | 521.00 Mn | 12.48 |
| 7 | Weatherford International | 6.52 Bn | 5.39 Bn | 662.00 Mn | - |
| 8 | Kodiak Gas Services | 5.83 Bn | 5.69 Bn | 246.76 Mn | - |
| 9 | Archrock | 5.52 Bn | 5.52 Bn | 244.51 Mn | 5.53 |
| 10 | Helix Energy Solutions | 1.53 Bn | 882.53 Mn | 56.20 Mn | 3.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.07 |
| Mar 31, 2026 | -0.03 |
| Dec 31, 2025 | 0.19 |
| Sep 30, 2025 | 5.81 |
| Jun 30, 2025 | -0.01 |
| Mar 31, 2025 | 0.40 |
| Dec 31, 2024 | 3.60 |
| Sep 30, 2024 | 5.31 |
| Jun 30, 2024 | 6.33 |
| Mar 31, 2024 | -0.07 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 7.50 |
| Jun 30, 2023 | 4.16 |
| Mar 31, 2023 | -0.51 |
| Dec 31, 2022 | -1.04 |
| Sep 30, 2022 | 2.48 |
| Jun 30, 2022 | -3.77 |
| Mar 31, 2022 | -2.06 |
| Dec 31, 2021 | 1.06 |
| Sep 30, 2021 | -1.69 |