Helix Energy (HLX) | Financial Analysis & Statements

Helix Energy Solutions Group, Inc. | Small-cap | Energy

$6.72

7.52%

Helix Energy vs Schlumberger Limited Helix Energy vs Baker Hughes Company Helix Energy vs Liberty Energy Helix Energy vs Solaris Energy Helix Energy vs Flowco Holdings Helix Energy vs S&P 500 | Market

Overview Income Statement Balance Sheet Cash Flow Key Ratios Peer Comparison

Financial Overview

Latest Annual: 2024

Income Metrics

Revenue 1.4B

Gross Profit 219.6M 16.16%

Operating Income 127.9M 9.42%

Net Income 55.6M 4.10%

EPS (Diluted) $0.36

Balance Sheet Metrics

Total Assets 2.6B

Total Liabilities 1.1B

Shareholders Equity 1.5B

Debt to Equity 0.71

Cash Flow Metrics

Operating Cash Flow 173.2M

Free Cash Flow 162.7M

Revenue & Profitability Trend

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Available Financial Data:

Income statements (annual and quarterly)
Balance sheets with asset and liability details
Cash flow statements and free cash flow analysis
Key financial ratios and performance metrics
Peer comparison and industry benchmarking

All financial data is displayed in accessible table format below. Use the table headers and structure to analyze trends and compare metrics across different periods.

Helix Energy Income Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Revenue	1.4B	1.3B	873.1M	674.7M	733.6M
Cost of Goods Sold	1.1B	1.1B	822.5M	659.3M	653.6M
Gross Profit	219.6M	200.4M	50.6M	15.4M	79.9M
Operating Expenses	91.6M	94.4M	76.8M	63.4M	61.1M
Operating Income	127.9M	105.9M	-26.1M	-48.1M	18.8M
Pre-tax Income	82.1M	7.5M	-75.2M	-70.6M	1.4M
Income Tax	26.4M	18.4M	12.6M	-9.0M	-18.7M
Net Income	55.6M	-10.8M	-87.8M	-61.7M	20.1M
EPS (Diluted)	$0.36	-$0.07	-$0.58	-$0.41	$0.13

Income Statement Trend

Helix Energy Balance Sheet From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Assets
Current Assets	709.7M	697.8M	460.6M	529.5M	525.6M
Non-Current Assets	1.9B	1.9B	1.9B	1.8B	2.0B
Total Assets	2.6B	2.6B	2.4B	2.3B	2.5B
Liabilities
Current Liabilities	304.4M	448.6M	298.0M	278.3M	279.3M
Non-Current Liabilities	772.9M	606.4M	574.7M	400.3M	474.6M
Total Liabilities	1.1B	1.1B	872.6M	678.6M	753.9M
Equity
Total Shareholders Equity	1.5B	1.5B	1.5B	1.6B	1.7B

Balance Sheet Composition

Helix Energy Cash Flow Statement From 2020 to 2024

Metric	2024	2023	2022	2021	2020
Operating Activities
Net Income	55.6M	-10.8M	-87.8M	-61.7M	20.1M
Operating Cash Flow	173.2M	107.7M	37.8M	118.5M	94.9M
Investing Activities
Capital Expenditures	-	-	-	-	-
Investing Cash Flow	463.0K	929.0K	-112.6M	51.0K	963.0K
Financing Activities
Dividends Paid	-	-	-	-	-
Financing Cash Flow	-127.2M	8.5M	-45.4M	-96.7M	-53.2M
Free Cash Flow	162.7M	132.9M	17.6M	131.8M	78.6M

Cash Flow Trend

Helix Energy Key Financial Ratios

Valuation Ratios

P/E Ratio (TTM) 13.09

Forward P/E 9.47

Price to Book 0.71

Price to Sales 0.81

PEG Ratio 9.47

Profitability Ratios

Profit Margin 6.34%

Operating Margin 2.94%

Return on Equity 5.64%

Return on Assets 3.27%

Financial Health

Current Ratio 2.28

Debt to Equity 42.44

Beta 1.60

Per Share Data

EPS (TTM) $0.55

Book Value per Share $10.20

Revenue per Share $8.84

Peer Financial Comparison

Company	Market Cap	P/E Ratio	P/B Ratio	ROE	Profit Margin	Debt/Equity
hlx	1.1B	13.09	0.71	5.64%	6.34%	42.44
Schlumberger Limited	45.3B	11.36	2.34	20.20%	11.62%	68.14
Baker Hughes Company	37.5B	12.91	2.20	18.04%	10.51%	35.01
Liberty Energy	2.0B	8.00	0.98	13.18%	6.03%	28.55
Solaris Energy	1.9B	55.58	2.96	7.07%	4.53%	49.11
Flowco Holdings	1.6B	22.97	0.34	12.52%	10.48%	16.95

Financial data is updated regularly. All figures are in the company's reporting currency.