Helix Energy Solutions (HLX) Net Margin (2009 - 2026)
Helix Energy Solutions (HLX) posted quarterly Net Margin of 4.64% for Q1 2026, down 574.0% year-over-year from 0.98% in Q1 2025, and down 288.02% quarter-over-quarter from 2.47% in Q4 2025.
Helix Energy Solutions (HLX) Net Margin (2009 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has reported Net Margin for 18 consecutive years, with 4.64% the latest figure, recorded in Q1 2026.
- In Q1 2026, Net Margin fell 574.0% year-over-year to 4.64%; the TTM figure through Mar 2026 stood at 1.1% (down 524.0% YoY), while the FY2025 annual figure was 2.39%, down 171.0% from the prior year.
- Net Margin declined to 4.64% in Q1 2026 per HLX's latest filing, from 2.47% in the prior quarter.
- Across five years, Net Margin topped out at 23.81% in Q4 2022 and bottomed at 27.97% in Q1 2022.
- Historically, Net Margin has averaged 0.08% across 5 years, with a median of 2.3% in 2023.
- On a YoY basis, Net Margin climbed as much as 4537 bps in 2022 and fell as far as 2611 bps in 2022.
- Helix Energy Solutions' Net Margin stood at 23.81% in 2022, then slumped by 77 bps to 5.58% in 2023, then climbed by 1 bps to 5.65% in 2024, then sank by 56 bps to 2.47% in 2025, then slumped by 288 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 | 79.95 Bn | 75.87 Bn | 4.63 Bn | 9.08% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 10.12% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 16.08% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 13.24% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 9.42% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 5.44% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 3.80% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 13.33% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 18.09% |
| 10 | Helix Energy Solutions | 1.54 Bn | 886.95 Mn | 56.20 Mn | 7.47% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.45% |
| Mar 31, 2026 | -4.64% |
| Dec 31, 2025 | 2.47% |
| Sep 30, 2025 | 5.85% |
| Jun 30, 2025 | -0.86% |
| Mar 31, 2025 | 1.10% |
| Dec 31, 2024 | 5.65% |
| Sep 30, 2024 | 8.63% |
| Jun 30, 2024 | 8.85% |
| Mar 31, 2024 | -8.87% |
| Dec 31, 2023 | 5.58% |
| Sep 30, 2023 | 3.94% |
| Jun 30, 2023 | 2.30% |
| Mar 31, 2023 | -2.07% |
| Dec 31, 2022 | 23.81% |
| Sep 30, 2022 | -6.88% |
| Jun 30, 2022 | -18.24% |
| Mar 31, 2022 | -27.97% |
| Dec 31, 2021 | -21.55% |
| Sep 30, 2021 | -10.54% |