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
DateValue
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%