Helix Energy Solutions (HLX) Tax Rate (2009 - 2026)
Helix Energy Solutions (HLX) posted quarterly Tax Rate of 19.33% for Q1 2026, up 647.0% year-over-year from 2.59% in Q1 2025, and up 162.51% quarter-over-quarter from 30.91% in Q4 2025.
Helix Energy Solutions (HLX) Tax Rate (2009 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has reported Tax Rate for 18 consecutive years, with 19.33% the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Rate rose 647.0% year-over-year to 19.33%; the TTM figure through Mar 2026 stood at 35.97% (up 1078.0% YoY), while the FY2025 annual figure was 27.43%, down 477.0% from the prior year.
- Tax Rate grew to 19.33% in Q1 2026 per HLX's latest filing, from 30.91% in the prior quarter.
- Across five years, Tax Rate topped out at 69.77% in Q2 2025 and bottomed at 55.46% in Q4 2023.
- Historically, Tax Rate has averaged 9.92% across 5 years, with a median of 16.36% in 2024.
- Annual changes were most pronounced in 2022 — Tax Rate slumped 5827 bps — and 2023, when it surged 8774 bps.
- Helix Energy Solutions' Tax Rate stood at 2.79% in 2022, then sank by 1891 bps to 55.46% in 2023, then soared by 130 bps to 16.36% in 2024, then sank by 289 bps to 30.91% in 2025, then surged by 163 bps to 19.33% in 2026.
- Business Quant data shows HLX's Tax Rate at 19.33% in Q1 2026, 30.91% in Q4 2025, and 46.54% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 20.02% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.54% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -14.27% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 23.78% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 18.98% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 26.11% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 44.00% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 28.81% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 27.77% |
| 10 | Helix Energy Solutions | 1.54 Bn | 886.95 Mn | 56.20 Mn | 31.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.87% |
| Jun 30, 2026 | 31.87% |
| Jun 30, 2026 | 31.87% |
| 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% |