Helix Energy Solutions (HLX) Tax Rate (2009 - 2026)
Helix Energy Solutions (HLX) reported Tax Rate of 19.33% for Q1 2026, up 514.0% year-over-year from 3.15% in Q1 2025, and up 161.72% quarter-over-quarter from 31.31% 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.
- Tax Rate for Q1 2026 came in at 19.33%, up 514.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 35.84% (up 1633.0% YoY), and the FY2025 annual result was 27.43%, up 446.0% from the prior year.
- Tax Rate climbed to 19.33% in Q1 2026 per HLX's latest filing, from 31.31% in the prior quarter.
- Over five years, Tax Rate peaked at 69.81% in Q2 2025 and troughed at 53.0% in Q3 2022.
- A 5-year average of 11.01% and a median of 14.18% in 2025 frame the typical range for Tax Rate.
- The sharpest annual moves came in 2022 and 2023: Tax Rate slumped 5848 bps in 2022, then jumped 8789 bps in 2023.
- A 5-year view of Tax Rate shows it stood at 13.32% in 2022, then slumped by 435 bps to 44.63% in 2023, then jumped by 115 bps to 6.81% in 2024, then slumped by 560 bps to 31.31% in 2025, then jumped by 162 bps to 19.33% in 2026.
- Business Quant data shows HLX's Tax Rate at 19.33% in Q1 2026, 31.31% in Q4 2025, and 46.54% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 20.40% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 26.37% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 18.45% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 26.95% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -27.76% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 42.86% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -3.81% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 23.96% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 13.39% |
| 10 | Helix Energy Solutions | 1.36 Bn | 858.51 Mn | 8.83 Mn | 19.33% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 19.33% |
| Mar 31, 2026 | 19.33% |
| Dec 31, 2025 | -31.31% |
| Dec 31, 2025 | -31.31% |
| Sep 30, 2025 | 46.54% |
| Sep 30, 2025 | 46.54% |
| Jun 30, 2025 | 69.81% |
| Jun 30, 2025 | 69.81% |
| Mar 31, 2025 | 14.18% |
| Mar 31, 2025 | 14.18% |
| Dec 31, 2024 | 6.81% |
| Dec 31, 2024 | 6.81% |
| Sep 30, 2024 | 24.39% |
| Sep 30, 2024 | 24.39% |
| Jun 30, 2024 | 31.27% |
| Jun 30, 2024 | 31.27% |
| Mar 31, 2024 | 6.07% |
| Mar 31, 2024 | 6.07% |
| Dec 31, 2023 | -44.63% |
| Dec 31, 2023 | -44.63% |