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Equiscale · Syntellia LLC
Helix Energy Solutions Group, Inc., together with its subsidiaries, an offshore energy services company, provides specialty services to the offshore energy industry in Brazil, the United States, North Sea, the Asia Pacific, West Africa, and internationally. The company operates through four segments: Well Intervention, Robotics, Shallow Water Abandonment, and Production Facilities. It engages in the installation of flowlines, control umbilicals, and manifold assemblies and risers; trenching and burial of pipelines; installation and tie-in of riser and manifold assembly; commissioning, testing, and inspection; and cable and umbilical lay. The company also provides well intervention, intervention engineering, and production enhancement services; coiled tubing operations; and inspection, repair, and maintenance IRM of production structures, trees, jumpers, risers, pipelines, and subsea equipment, as well as related support services. In addition, it offers reclamation and remediation services; well plug and abandonment P&A services; pipeline, cable and umbilical abandonment services; and site inspections. Further, the company offers oil and natural gas processing facilities and services; and fast response system, as well as site clearance and subsea support services. Additionally, it provides offshore oilfield decommissioning and reclamation, site clearance, project management, engineered solutions, intervention, heavy lift, and commercial diving services. It serves independent oil and gas producers and suppliers, pipeline transmission companies, renewable energy companies, and offshore engineering and construction firms. The company was formerly known as Cal Dive International, Inc. and changed its name to Helix Energy Solutions Group, Inc. in March 2006. The company was incorporated in 1979 and is headquartered in Houston, Texas.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $1.3B | $210M | $31M | $120M | 2.0% | -4.9% | -44.6% |
| 2024 | $1.4B | $253M | $56M | $163M | 3.7% | 5.3% | -613.4% |
| 2023 | $1.3B | $167M | $-11M | $133M | -0.7% | 47.7% | -87.7% |
| 2022 | $873M | $74M | $-88M | $18M | -5.8% | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 873.10 | 1,289.73 | 1,358.56 | 1,291.47 |
| Operating Revenue | - | 873.10 | 1,289.73 | 1,358.56 | 1,291.47 |
| Cost Of Revenue | - | 822.48 | 1,089.37 | 1,139 | 1,132.34 |
| Gross Profit | - | 50.62 | 200.36 | 219.56 | 159.14 |
| Operating Expense | - | 76.75 | 94.43 | 91.65 | 75.94 |
| Selling General And Administration | - | 76.75 | 94.43 | 91.65 | 75.94 |
| Total Expenses | - | 899.24 | 1,183.80 | 1,230.65 | 1,208.28 |
| Operating Income | - | -26.14 | 105.93 | 127.91 | 83.20 |
| Total Operating Income As Reported | - | -44.86 | 63.51 | 127.44 | 65.14 |
| EBITDA | - | 73.72 | 167.30 | 253.17 | 209.99 |
| Normalized EBITDA | - | 92.44 | 246.99 | 274.57 | 228.06 |
| EBIT | - | -55 | 28.87 | 115.96 | 75.45 |
| Interest Income | - | 1.23 | 4.02 | 11.27 | 10.20 |
| Interest Expense | - | 20.18 | 21.36 | 33.90 | 32.97 |
| Net Interest Income | - | -18.95 | -17.34 | -22.63 | -22.78 |
| Other Non Operating Income Expenses | - | -19.64 | -1.38 | -1.82 | 0.12 |
| Other Income Expense | - | -30.09 | -81.08 | -23.22 | -17.94 |
| Interest Income Non Operating | - | 1.23 | 4.02 | 11.27 | 10.20 |
| Interest Expense Non Operating | - | 20.18 | 21.36 | 33.90 | 32.97 |
| Net Non Operating Interest Income Expense | - | -18.95 | -17.34 | -22.63 | -22.78 |
| Pretax Income | - | -75.18 | 7.51 | 82.06 | 42.48 |
| Tax Provision | - | 12.60 | 18.35 | 26.43 | 11.65 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -3.14 | -16.74 | -6.89 | -4.95 |
| Net Income Continuous Operations | - | -87.78 | -10.84 | 55.64 | 30.83 |
| Net Income From Continuing And Discontinued Operation | - | -87.78 | -10.84 | 55.64 | 30.83 |
| Net Income From Continuing Operation Net Minority Interest | - | -87.78 | -10.84 | 55.64 | 30.83 |
| Net Income | - | -87.78 | -10.84 | 55.64 | 30.83 |
| Net Income Common Stockholders | - | -87.78 | -10.84 | 55.58 | 30.80 |
| Net Income Including Noncontrolling Interests | - | -87.78 | -10.84 | 55.64 | 30.83 |
| Normalized Income | - | -72.21 | 52.12 | 70.15 | 43.94 |
| Diluted NI Availto Com Stockholders | - | -87.78 | -10.84 | 55.58 | 30.80 |
| Basic Average Shares | - | 151.28 | 150.92 | 151.99 | 148.35 |
| Diluted Average Shares | - | 151.28 | 150.92 | 154.70 | 148.45 |
| Reconciled Depreciation | - | 128.72 | 138.42 | 137.20 | 134.54 |
| Reconciled Cost Of Revenue | - | 822.48 | 1,089.37 | 1,139 | 1,132.34 |
| Total Unusual Items | - | -18.72 | -79.70 | -21.40 | -18.06 |
| Total Unusual Items Excluding Goodwill | - | -18.72 | -79.70 | -21.40 | -18.06 |
| Minority Interests | 0.15 | 0 | 0 | - | - |
| Special Income Charges | - | -18.72 | -79.70 | -21.40 | -18.06 |
| Other Special Charges | 0.14 | - | 37.28 | 20.92 | - |
| Impairment Of Capital Assets | - | 0 | 0 | 0 | 18.06 |
| Restructuring And Mergern Acquisition | - | 18.72 | 42.79 | 0 | 0 |
| Gain On Sale Of Ppe | - | 0 | 0.37 | -0.48 | 0 |
| Otherunder Preferred Stock Dividend | - | 0 | 0 | 0.05 | 0.02 |
| Earnings From Equity Interest | 0 | 8.26 | 0 | 0 | - |
| Average Dilution Earnings | - | 0 | 0 | 0 | 0 |
Energy sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Helix Energy Solutions Group, Inc.this co. | HLX | $1.4B | 46.49↑ premium | 0.91 | 2.0% | 7.70 |
| RPC, Inc. | RES | $1.6B | 50.16 | 1.46 | 2.9% | 6.69 |
| FLEX LNG Ltd. | FLNG | $1.6B | 21.41 | 2.23 | 10.4% | 12.30 |
| Borr Drilling Limited | BORR | $1.6B | 34.64 | 1.28 | 3.7% | 7.37 |
| World Kinect Corporation | WKC |
| 2021 |
| - |
| - |
| - |
| - |
| - |
| - |
| - |
| $1.5B |
| -2.49 |
| 1.18 |
| -47.3% |
| -3.83 |
| Nabors Industries Ltd. | NBR | $1.5B | 5.22 | 2.53 | 48.5% | 2.18 |
| ProFrac Holding Corp. | ACDC | $1.5B | -3.95 | 2.03 | -51.4% | 14.04 |
| Navigator Holdings Ltd. | NVGS | $1.3B | 13.40 | 1.09 | 8.2% | 6.95 |
| Bristow Group Inc. | VTOL | $1.2B | 9.65 | 1.18 | 12.2% | 6.87 |
| Peer Median | - | 11.53 | 1.37 | 5.9% | 6.91 | |
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
Historically, Oct has averaged the highest return (+10.5%); Apr the lowest (-8.7%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +26.6%Positive MonthJan 2026: +26.63% | +15.7%Positive MonthFeb 2026: +15.74% | +7.6%Positive MonthMar 2026: +7.62% | +4.7%Positive MonthApr 2026: +4.65% | -9.7%Negative MonthMay 2026: -9.66% | -6.5%Negative MonthJun 2026: -6.52% | +8.8%Positive MonthJul 2026: +8.81% | +9.7%*Positive MonthAug 2026: +9.67% | — | — | — | — |
| 2025 | -13.9%Negative MonthJan 2025: -13.95% | +7.5%Positive MonthFeb 2025: +7.48% | -3.6%Negative MonthMar 2025: -3.60% | -26.7%Negative MonthApr 2025: -26.71% | +1.6%Neutral MonthMay 2025: +1.64% | +0.8%Neutral MonthJun 2025: +0.81% | -5.0%Negative MonthJul 2025: -4.97% | +11.1%Positive MonthAug 2025: +11.13% | -0.5%Neutral MonthSep 2025: -0.46% | +2.4%Positive MonthOct 2025: +2.44% | -0.9%Neutral MonthNov 2025: -0.89% | -5.9%Negative MonthDec 2025: -5.86% |
| 2024 | -8.6%Negative MonthJan 2024: -8.56% | -4.3%Negative MonthFeb 2024: -4.26% | +20.4%Positive MonthMar 2024: +20.44% | -0.9%Neutral MonthApr 2024: -0.92% | +7.2%Positive MonthMay 2024: +7.17% | +3.7%Positive MonthJun 2024: +3.74% | -1.2%Neutral MonthJul 2024: -1.17% | -4.9%Negative MonthAug 2024: -4.92% | -1.1%Neutral MonthSep 2024: -1.07% | -16.7%Negative MonthOct 2024: -16.67% | +15.6%Positive MonthNov 2024: +15.57% | -12.8%Negative MonthDec 2024: -12.82% |
| 2023 | +7.5%Positive MonthJan 2023: +7.45% | +4.4%Positive MonthFeb 2023: +4.41% | -6.5%Negative MonthMar 2023: -6.52% | -6.3%Negative MonthApr 2023: -6.33% | -13.4%Negative MonthMay 2023: -13.38% | +17.5%Positive MonthJun 2023: +17.52% | +30.1%Positive MonthJul 2023: +30.08% | +5.6%Positive MonthAug 2023: +5.62% | +10.2%Positive MonthSep 2023: +10.16% | -12.3%Negative MonthOct 2023: -12.26% | -4.9%Negative MonthNov 2023: -4.90% | +10.3%Positive MonthDec 2023: +10.30% |
| 2022 | +13.1%Positive MonthJan 2022: +13.14% | +14.7%Positive MonthFeb 2022: +14.73% | +18.0%Positive MonthMar 2022: +18.02% | -14.0%Negative MonthApr 2022: -14.02% | +12.9%Positive MonthMay 2022: +12.90% | -33.2%Negative MonthJun 2022: -33.19% | +30.3%Positive MonthJul 2022: +30.32% | +6.9%Positive MonthAug 2022: +6.93% | -10.6%Negative MonthSep 2022: -10.65% | +81.3%Positive MonthOct 2022: +81.35% | -8.9%Negative MonthNov 2022: -8.86% | +15.7%Positive MonthDec 2022: +15.67% |
| 2021 | — | — | — | — | +21.9%Positive MonthMay 2021: +21.91% | +9.2%Positive MonthJun 2021: +9.18% | -27.3%Negative MonthJul 2021: -27.32% | -9.4%Negative MonthAug 2021: -9.40% | +3.2%Positive MonthSep 2021: +3.19% | -2.6%Negative MonthOct 2021: -2.58% | -19.6%Negative MonthNov 2021: -19.58% | +2.6%Positive MonthDec 2021: +2.63% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
