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
DateValue
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%