Helix Energy Solutions (HLX) Total Debt (2009 - 2026)
Helix Energy Solutions (HLX) reported Total Debt of $303.8 million for Q1 2026, down 2.36% year-over-year from $311.1 million in Q1 2025, and down 1.37% quarter-over-quarter from $308.0 million in Q4 2025.
Helix Energy Solutions (HLX) Total Debt (2009 - 2026) Analysis & Trends
Helix Energy Solutions (HLX) has 18 years of Total Debt data on file, last reported at $303.8 million in Q1 2026.
- Total Debt for Q1 2026 came in at $303.8 million, down 2.36% year-over-year; the trailing twelve-month figure through Mar 2026 was $303.8 million (down 2.36% YoY), and the FY2025 annual result was $308.0 million, down 2.27% from the prior year.
- Total Debt retreated to $303.8 million in Q1 2026 per HLX's latest filing, from $308.0 million in the prior quarter.
- Over five years, Total Debt peaked at $398.4 million in Q4 2023 and troughed at $227.3 million in Q3 2023.
- A 5-year average of $297.2 million and a median of $307.5 million in 2025 frame the typical range for Total Debt.
- The sharpest annual moves came in 2023 and 2024: Total Debt soared 50.88% in 2023, then declined 20.9% in 2024.
- A 5-year view of Total Debt shows it stood at $264.1 million in 2022, then jumped by 50.88% to $398.4 million in 2023, then retreated by 20.9% to $315.2 million in 2024, then declined by 2.27% to $308.0 million in 2025, then slipped by 1.37% to $303.8 million in 2026.
- Business Quant data shows HLX's Total Debt at $303.8 million in Q1 2026, $308.0 million in Q4 2025, and $307.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 9.67 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 16.16 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 90.00 Mn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 420.40 Mn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 417.34 Mn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 1.72 Bn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 1.48 Bn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 2.38 Bn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 2.79 Bn |
| 10 | Helix Energy Solutions | 1.36 Bn | 858.51 Mn | 8.83 Mn | 303.76 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 303.76 Mn |
| Dec 31, 2025 | 308.00 Mn |
| Sep 30, 2025 | 307.47 Mn |
| Jun 30, 2025 | 311.61 Mn |
| Mar 31, 2025 | 311.11 Mn |
| Dec 31, 2024 | 315.16 Mn |
| Sep 30, 2024 | 314.67 Mn |
| Jun 30, 2024 | 318.63 Mn |
| Mar 31, 2024 | 318.16 Mn |
| Dec 31, 2023 | 398.43 Mn |
| Sep 30, 2023 | 227.26 Mn |
| Jun 30, 2023 | 260.97 Mn |
| Mar 31, 2023 | 260.46 Mn |
| Dec 31, 2022 | 264.08 Mn |
| Sep 30, 2022 | 263.58 Mn |
| Jun 30, 2022 | 267.11 Mn |
| Mar 31, 2022 | 301.61 Mn |
| Dec 31, 2021 | 305.01 Mn |
| Sep 30, 2021 | 304.49 Mn |
| Jun 30, 2021 | 335.71 Mn |