Helix Energy Solutions (HLX) Tax Rate (2009 - 2026)
Helix Energy Solutions' (HLX) quarterly Tax Rate came in at 19.33% in Q1 2026, up 647.0% year-on-year from 2.59% in Q1 2025, and up 162.51% on a QoQ basis from 30.91% in Q4 2025.
Helix Energy Solutions (HLX) Tax Rate (2009 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has 18 years of Tax Rate data on file, last reported at 19.33% in Q1 2026.
- On a quarterly basis, Tax Rate rose 647.0% year-over-year to 19.33% in Q1 2026; TTM through Mar 2026 was 35.97%, a 1078.0% increase from a year earlier, with the FY2025 full-year figure at 27.43%, down 477.0% from the prior year.
- Tax Rate for Q1 2026 stood at 19.33%, up from 30.91% in the prior quarter.
- Over the last five years, Tax Rate for HLX reached as high as 69.77% in Q2 2025 and fell as low as 55.46% in Q4 2023.
- Historically, Tax Rate has averaged 9.92% across 5 years, with a median of 16.36% in 2024.
- Across the five-year window, Tax Rate plunged 5827 bps in 2022 and soared 8774 bps in 2023, its largest moves.
- Year by year, Tax Rate stood at 2.79% in 2022, then sank by 1891 bps to 55.46% in 2023, then surged by 130 bps to 16.36% in 2024, then sank by 289 bps to 30.91% in 2025, then jumped by 163 bps to 19.33% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 19.33% in Q1 2026, 30.91% in Q4 2025, and 46.54% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 20.40 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 26.95 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 18.45 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 42.86 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 44.00 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 23.96 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 34.15 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 13.39 |
| 10 | Helix Energy Solutions | 1.45 Bn | 948.28 Mn | 8.83 Mn | 19.33 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.33 |
| Mar 31, 2026 | 19.33 |
| Mar 31, 2026 | 19.33 |
| Dec 31, 2025 | -30.91 |
| Dec 31, 2025 | -30.91 |
| Dec 31, 2025 | -30.91 |
| Sep 30, 2025 | 46.54 |
| Sep 30, 2025 | 46.54 |
| Sep 30, 2025 | 46.54 |
| Jun 30, 2025 | 69.77 |
| Jun 30, 2025 | 69.77 |
| Jun 30, 2025 | 69.77 |
| Mar 31, 2025 | 12.85 |
| Mar 31, 2025 | 12.85 |
| Mar 31, 2025 | 12.85 |
| Dec 31, 2024 | 16.36 |
| Dec 31, 2024 | 16.36 |
| Dec 31, 2024 | 16.36 |
| Sep 30, 2024 | 24.34 |
| Sep 30, 2024 | 24.34 |