Helix Energy Solutions (HLX) Return on Capital Employed (2010 - 2026)
Helix Energy Solutions (HLX) posted quarterly Return on Capital Employed of 1.89% for Q1 2026, down 408.0% year-over-year from 0.61% in Q1 2025, and down 32.6% quarter-over-quarter from 2.8% in Q4 2025.
Helix Energy Solutions (HLX) Return on Capital Employed (2010 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has reported Return on Capital Employed for 17 consecutive years, with 1.89% the latest figure, recorded in Q1 2026.
- In Q1 2026, Return on Capital Employed fell 408.0% year-over-year to 1.89%; the TTM figure through Mar 2026 stood at 1.89% (down 408.0% YoY), while the FY2025 annual figure was 2.82%, down 278.0% from the prior year.
- Return on Capital Employed slipped to 1.89% in Q1 2026 per HLX's latest filing, from 2.8% in the prior quarter.
- Across five years, Return on Capital Employed topped out at 5.97% in Q1 2025 and bottomed at 4.4% in Q2 2022.
- Historically, Return on Capital Employed has averaged 1.59% across 5 years, with a median of 2.8% in 2025.
- Annual changes were most pronounced in 2022 — Return on Capital Employed tumbled 543 bps — and 2023, when it surged 552 bps.
- Helix Energy Solutions' Return on Capital Employed stood at 2.16% in 2022, then surged by 244 bps to 3.1% in 2023, then jumped by 77 bps to 5.48% in 2024, then sank by 49 bps to 2.8% in 2025, then slumped by 33 bps to 1.89% in 2026.
- Business Quant data shows HLX's Return on Capital Employed at 1.89% in Q1 2026, 2.8% in Q4 2025, and 3.58% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.83 Bn | 75.76 Bn | 4.63 Bn | 24.68% |
| 2 | Baker Hughes | 61.96 Bn | 46.23 Bn | 1.58 Bn | 9.65% |
| 3 | Tenaris | 52.94 Bn | 43.91 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.96 Bn | 29.72 Bn | 1.40 Bn | -70.33% |
| 5 | Halliburton | 29.51 Bn | 27.47 Bn | 2.10 Bn | 13.06% |
| 6 | Nov | 7.26 Bn | 6.10 Bn | 521.00 Mn | 6.61% |
| 7 | Weatherford International | 6.56 Bn | 5.43 Bn | 662.00 Mn | 16.47% |
| 8 | Kodiak Gas Services | 5.69 Bn | 5.56 Bn | 246.76 Mn | 8.25% |
| 9 | Archrock | 5.54 Bn | 5.54 Bn | 244.51 Mn | 20.39% |
| 10 | Helix Energy Solutions | 1.54 Bn | 886.95 Mn | 56.20 Mn | 3.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.20% |
| Mar 31, 2026 | 1.89% |
| Dec 31, 2025 | 2.80% |
| Sep 30, 2025 | 3.58% |
| Jun 30, 2025 | 3.49% |
| Mar 31, 2025 | 5.97% |
| Dec 31, 2024 | 5.48% |
| Sep 30, 2024 | 4.81% |
| Jun 30, 2024 | 4.49% |
| Mar 31, 2024 | 3.15% |
| Dec 31, 2023 | 3.10% |
| Sep 30, 2023 | 2.11% |
| Jun 30, 2023 | 0.94% |
| Mar 31, 2023 | -0.96% |
| Dec 31, 2022 | -2.16% |
| Sep 30, 2022 | -3.41% |
| Jun 30, 2022 | -4.40% |
| Mar 31, 2022 | -3.94% |
| Dec 31, 2021 | -2.37% |
| Sep 30, 2021 | -0.99% |