Helix Energy Solutions (HLX) Net Margin (2009 - 2026)
Helix Energy Solutions (HLX) reported Net Margin of 4.64% for Q1 2026, down 573.0% year-over-year from 0.98% in Q1 2025, and down 287.45% quarter-over-quarter from 2.47% in Q4 2025.
Helix Energy Solutions (HLX) Net Margin (2009 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has 18 years of Net Margin data on file, last reported at 4.64% in Q1 2026.
- Net Margin for Q1 2026 came in at 4.64%, down 573.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.1% (down 770.0% YoY), and the FY2025 annual result was 2.39%, down 414.0% from the prior year.
- Net Margin retreated to 4.64% in Q1 2026 per HLX's latest filing, from 2.47% in the prior quarter.
- Over five years, Net Margin peaked at 14.95% in Q4 2024 and troughed at 27.97% in Q1 2022.
- A 5-year average of 1.42% and a median of 1.09% in 2025 frame the typical range for Net Margin.
- The sharpest annual moves came in 2022 and 2023: Net Margin slumped 2611 bps in 2022, then jumped 2591 bps in 2023.
- A 5-year view of Net Margin shows it stood at 5.72% in 2022, then sank by 248 bps to 8.46% in 2023, then jumped by 277 bps to 14.95% in 2024, then slumped by 83 bps to 2.47% in 2025, then slumped by 287 bps to 4.64% in 2026.
- Business Quant data shows HLX's Net Margin at 4.64% in Q1 2026, 2.47% in Q4 2025, and 5.85% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 8.73% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 14.24% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 8.59% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 10.43% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 19.98% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.97% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 9.46% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 19.87% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 5.17% |
| 10 | Helix Energy Solutions | 1.36 Bn | 858.51 Mn | 8.83 Mn | -4.64% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -4.64% |
| Dec 31, 2025 | 2.47% |
| Sep 30, 2025 | 5.85% |
| Jun 30, 2025 | -0.86% |
| Mar 31, 2025 | 1.09% |
| Dec 31, 2024 | 14.95% |
| Sep 30, 2024 | 8.62% |
| Jun 30, 2024 | 8.86% |
| Mar 31, 2024 | -8.87% |
| Dec 31, 2023 | -8.46% |
| Sep 30, 2023 | 3.93% |
| Jun 30, 2023 | 2.30% |
| Mar 31, 2023 | -2.07% |
| Dec 31, 2022 | 5.72% |
| Sep 30, 2022 | -6.88% |
| Jun 30, 2022 | -18.24% |
| Mar 31, 2022 | -27.97% |
| Dec 31, 2021 | -5.48% |
| Sep 30, 2021 | -10.51% |
| Jun 30, 2021 | -8.45% |