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
DateValue
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