Cash flow Helix Energy Solutions Group, Inc.

Equities

HLX

US42330P1075

Oil Related Services and Equipment

Delayed Nyse Other stock markets 20:54:40 15/01/2026 GMT			5-day change	1st Jan Change
7.191 ^USD	-2.16%		+3.15%	+14.83%

12-22	Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Amid Renewed Tech Confidence	MT
12-22	Helix Energy Solutions Awarded Subsea Well Plug and Abandonment Contract in UK North Sea	MT

3276617520e.6jCB3msHNjWnqaGESAVIP29G-udIB8_KxXarEpG_Z9I.iWn3pi9hVwXW_si1HUQmVyITr7E8VPuVsCydcMHuV7qnAeTnAFNsZ8bL-A

Published financial data: HELIX ENERGY SOLUTIONS GROUP, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2020	2021	2022	2023	2024
Revenues	734M	675M	873M	1.29B	1.36B
Total Revenues	734M	675M	873M	1.29B	1.36B
Cost of Goods Sold, Total	654M	659M	822M	1.09B	1.14B
Gross Profit	79.91M	15.39M	50.62M	200M	220M
Selling General & Admin Expenses, Total	58.38M	63.45M	76.75M	94.43M	91.65M
Provision for Bad Debts	2.7M	-	-	-	-
Other Operating Expenses, Total	61.08M	63.45M	76.75M	94.43M	91.65M
Operating Income	18.82M	-48.06M	-26.14M	106M	128M
Interest Expense, Total	-29.36M	-23.49M	-20.18M	-21.36M	-33.9M
Interest And Investment Income	825K	288K	1.23M	4.02M	11.27M
Net Interest Expenses	-28.53M	-23.2M	-18.95M	-17.34M	-22.63M
Income (Loss) On Equity Invest.	216K	-1K	8.26M	-	-
Currency Exchange Gains (Loss)	4.52M	-1.5M	-23.4M	-4.4M	-1.5M
Other Non Operating Income (Expenses)	2.92M	2.88M	3.76M	3.02M	-320K
EBT, Excl. Unusual Items	-2.06M	-69.88M	-56.46M	87.21M	103M
Merger & Related Restructuring Charges	-	-	-2.66M	-540K	-
Impairment of Goodwill	-6.69M	-	-	-	-
Gain (Loss) On Sale Of Assets	889K	-631K	-	367K	-479K
Asset Writedown	-	-	-	-	-
Other Unusual Items	9.24M	-136K	-16.05M	-79.52M	-20.92M
EBT, Incl. Unusual Items	1.38M	-70.64M	-75.18M	7.51M	82.06M
Income Tax Expense	-18.7M	-8.96M	12.6M	18.35M	26.43M
Earnings From Continuing Operations	20.08M	-61.68M	-87.78M	-10.84M	55.64M
Net Income to Company	20.08M	-61.68M	-87.78M	-10.84M	55.64M
Minority Interest	2.09M	146K	-	-	-
Net Income - (IS)	22.17M	-61.54M	-87.78M	-10.84M	55.64M
Preferred Dividend and Other Adjustments	2.54M	241K	-	-	53K
Net Income to Common Incl Extra Items	19.63M	-61.78M	-87.78M	-10.84M	55.58M
Net Income to Common Excl. Extra Items	19.63M	-61.78M	-87.78M	-10.84M	55.58M
Per Share Items
Net EPS - Basic	0.13	-0.41	-0.58	-0.07	0.37
Basic EPS - Continuing Operations	0.13	-0.41	-0.58	-0.07	0.37
Basic Weighted Average Shares Outstanding	149M	150M	151M	151M	152M
Net EPS - Diluted	0.13	-0.41	-0.58	-0.07	0.36
Diluted EPS - Continuing Operations	0.13	-0.41	-0.58	-0.07	0.36
Diluted Weighted Average Shares Outstanding	150M	150M	151M	151M	155M
Normalized Basic EPS	0.01	-0.29	-0.23	0.36	0.43
Normalized Diluted EPS	0.01	-0.29	-0.23	0.36	0.42
Supplemental Items
EBITDA	138M	78.86M	103M	244M	265M
EBITA	21.48M	-46.68M	-24.16M	112M	134M
EBIT	18.82M	-48.06M	-26.14M	106M	128M
EBITDAR	254M	175M	212M	392M	420M
Effective Tax Rate - (Ratio)	-1.35K	12.68	-16.76	244.24	32.2
Current Domestic Taxes	-	-1.1M	-	1.51M	-97K
Current Foreign Taxes	-	7.35M	8.22M	5.31M	15.92M
Total Current Taxes	-14.82M	6.24M	8.22M	6.82M	15.82M
Deferred Domestic Taxes	-	-5.76M	1.17M	8.69M	11.64M
Deferred Foreign Taxes	-	-9.45M	3.22M	2.84M	-1.03M
Total Deferred Taxes	-3.88M	-15.2M	4.39M	11.53M	10.61M
Normalized Net Income	805K	-43.53M	-35.29M	54.51M	64.67M
Interest Capitalized	1.18M	-	-	-	-
Interest on Long-Term Debt	30.54M	23.49M	20.18M	21.36M	33.9M
Supplemental Operating Expense Items
Net Rental Expense, Total	116M	96.63M	110M	148M	154M
Imputed Operating Lease Interest Expense	50.89M	39.77M	40.27M	49.96M	69.72M
Imputed Operating Lease Depreciation	65.11M	56.86M	69.58M	97.74M	84.74M
Maintenance & Repair Expenses, Total	-	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	-	-	11M	12.9M	-
Stock-Based Comp., Other (Total)	8.57M	7.69M	-	-	14.1M
Total Stock-Based Compensation	8.57M	7.69M	11M	12.9M	14.1M

Fiscal Period: December	2020	2021	2022	2023	2024
Assets
Cash And Equivalents	291M	254M	187M	332M	368M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	291M	254M	187M	332M	368M
Accounts Receivable, Total	135M	145M	219M	286M	271M
Other Receivables	50.57M	29.92M	-	-	2.64M
Notes Receivable	-	-	-	-	-
Total Receivables	185M	175M	219M	286M	273M
Inventory	-	-	-	-	-
Prepaid Expenses	15.9M	18.23M	26.61M	28.35M	26.78M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	-	73.61M	2.51M	-	-
Other Current Assets, Total	33.17M	9.49M	25.8M	51.05M	41.39M
Total Current Assets	526M	530M	461M	698M	710M
Gross Property Plant And Equipment	3.1B	3.04B	3.21B	3.25B	3.4B
Accumulated Depreciation	-1.17B	-1.28B	-1.37B	-1.51B	-1.63B
Net Property Plant And Equipment	1.93B	1.76B	1.84B	1.74B	1.77B
Long-term Investments	-	-	-	-	-
Goodwill	-	-	-	-	-
Other Intangibles, Total	3.81M	3.47M	4.46M	4.1M	3.63M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Charges Long-Term	22.32M	16.67M	45.21M	71.88M	77.07M
Other Long-Term Assets, Total	13.88M	14.51M	39.61M	40.13M	39.2M
Total Assets	2.5B	2.33B	2.39B	2.56B	2.6B
Liabilities
Accounts Payable, Total	50.02M	87.96M	135M	135M	145M
Accrued Expenses, Total	46.48M	52.98M	63.13M	83.41M	75.54M
Current Portion of Long-Term Debt	90.65M	42.87M	38.2M	48.29M	9.19M
Current Portion of Leases	51.6M	55.74M	50.91M	62.66M	59.98M
Current Income Taxes Payable	-	-	479K	1.94M	-
Unearned Revenue Current, Total	8.14M	8.27M	9.96M	32.76M	14.91M
Other Current Liabilities	32.41M	30.46M	-	85M	-
Total Current Liabilities	279M	278M	298M	449M	304M
Long-Term Debt	259M	262M	226M	313M	306M
Long-Term Leases	101M	50.2M	155M	116M	286M
Unearned Revenue Non Current	1.87M	476K	-	-	699K
Deferred Tax Liability Non Current	111M	86.97M	98.88M	111M	114M
Other Non Current Liabilities	2.01M	499K	95.23M	66.25M	66.27M
Total Liabilities	754M	679M	873M	1.06B	1.08B
Common Stock, Total	1.33B	1.29B	1.3B	1.27B	1.25B
Retained Earnings	465M	411M	323M	312M	368M
Comprehensive Income and Other	-51.62M	-56.08M	-105M	-83.02M	-101M
Total Common Equity	1.74B	1.65B	1.52B	1.5B	1.52B
Minority Interest	3.86M	-	-	-	-
Total Equity	1.74B	1.65B	1.52B	1.5B	1.52B
Total Liabilities And Equity	2.5B	2.33B	2.39B	2.56B	2.6B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	151M	152M	152M	152M	151M
ECS Total Common Shares Outstanding	150M	151M	152M	152M	150M
Book Value / Share	11.58	10.9	9.98	9.86	10.12
Tangible Book Value	1.74B	1.64B	1.51B	1.5B	1.52B
Tangible Book Value Per Share	11.55	10.88	9.95	9.83	10.09
Total Debt	502M	411M	470M	541M	661M
Net Debt	211M	157M	283M	208M	293M
Debt Equivalent Oper. Leases	928M	773M	879M	1.18B	1.24B
Minority Interest, Total (Incl. Fin. Div)	3.86M	-	-	-	-
Equity Method Investments, Total	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Others	-	-	-	-	-
Buildings, Total	-	-	-	81.82M	79M
Machinery, Total	2.95B	2.94B	3.02B	3B	2.99B
Full Time Employees	1.54K	1.33K	2.28K	2.53K	2.31K
Accumulated Allowance for Doubtful Accounts (Supple)	3.47M	1.48M	2.28M	3.41M	3.68M
Order Backlog	407M	348M	847M	850M	1.4B

Fiscal Period: December	2020	2021	2022	2023	2024
Net Income	22.17M	-61.54M	-87.78M	-10.84M	55.64M
Depreciation & Amortization - CF	117M	126M	127M	132M	132M
Amortization of Goodwill and Intangible Assets - (CF)	2.66M	1.38M	1.98M	6.14M	5.6M
Depreciation & Amortization, Total	119M	127M	129M	138M	137M
Amortization of Deferred Charges, Total - (CF)	24.44M	17.78M	16.33M	28.2M	38.44M
(Gain) Loss From Sale Of Asset	-889K	631K	-	-367K	479K
Asset Writedown & Restructuring Costs	6.69M	-	-	-	-
(Income) Loss On Equity Investments - (CF)	-216K	1K	-8.26M	-	-
Stock-Based Compensation (CF)	8.57M	7.69M	7.45M	6.51M	7.27M
Other Operating Activities, Total	-18.48M	-12.96M	42.04M	99.36M	-61.54M
Change In Accounts Receivable	-8.42M	-14.15M	-29.86M	-64.52M	13.74M
Change In Accounts Payable	10.83M	46.64M	9.81M	32M	-9.16M
Change In Income Taxes	-22.12M	18.61M	-49K	-418K	1.92M
Change in Other Net Operating Assets	-43.18M	10.5M	-27.25M	-75.89M	2.04M
Cash from Operations	98.8M	140M	51.11M	152M	186M
Capital Expenditure	-20.24M	-8.32M	-33.5M	-19.59M	-23.3M
Sale of Property, Plant, and Equipment	963K	51K	-	365K	100K
Cash Acquisitions	-	-	-113M	-	-
Investment in Marketable and Equity Securities, Total	-	-	7.84M	-	-
Other Investing Activities, Total	-	-	-	564K	363K
Cash from Investing	-19.28M	-8.27M	-138M	-18.66M	-22.84M
Long-Term Debt Issued, Total	200M	-	-	299M	-
Total Debt Issued	200M	-	-	299M	-
Long-Term Debt Repaid, Total	-230M	-90.96M	-42.94M	-269M	-69.47M
Total Debt Repaid	-230M	-90.96M	-42.94M	-269M	-69.47M
Issuance of Common Stock	622K	654K	575K	982K	1.86M
Repurchase of Common Stock	-5.26M	-2M	-1.9M	-13.74M	-33.85M
Other Financing Activities, Total	-18.37M	-3.69M	-580K	8.77M	-23.85M
Cash from Financing	-52.58M	-96M	-44.84M	25.11M	-125M
Foreign Exchange Rate Adjustments	1.82M	-42K	-5.99M	-15.83M	-2.04M
Net Change in Cash	28.76M	35.81M	-138M	143M	35.84M
Supplemental Items
Cash Interest Paid	15.94M	20.72M	18.27M	20.98M	25.45M
Cash Income Tax Paid (Refund)	7.43M	-10.59M	8.42M	7.39M	14.12M
Levered Free Cash Flow	127M	100M	125M	250M	147M
Unlevered Free Cash Flow	135M	112M	135M	261M	166M
Change In Net Working Capital	-1.28M	-916K	-31.21M	-37.16M	78.42M
Net Debt Issued / Repaid	-29.56M	-90.96M	-42.94M	29.1M	-69.47M

Fiscal Period: December	2020	2021	2022	2023	2024
Profitability
Return on Assets	0.46	-1.25	-0.69	2.68	3.1
Return on Total Capital	0.52	-1.4	-0.81	3.29	3.79
Return On Equity %	1.17	-3.64	-5.55	-0.72	3.68
Return on Common Equity	1.14	-3.65	-5.55	-0.72	3.68
Margin Analysis
Gross Profit Margin %	10.89	2.28	5.8	15.53	16.16
SG&A Margin	7.96	9.4	8.79	7.32	6.75
EBITDA Margin %	18.84	11.69	11.75	18.95	19.51
EBITA Margin %	2.93	-6.92	-2.77	8.69	9.83
EBIT Margin %	2.57	-7.12	-2.99	8.21	9.42
Income From Continuing Operations Margin %	2.74	-9.14	-10.05	-0.84	4.1
Net Income Margin %	3.02	-9.12	-10.05	-0.84	4.1
Net Avail. For Common Margin %	2.68	-9.16	-10.05	-0.84	4.09
Normalized Net Income Margin	0.11	-6.45	-4.04	4.23	4.76
Levered Free Cash Flow Margin	17.3	14.86	14.29	19.38	10.8
Unlevered Free Cash Flow Margin	18.41	16.56	15.47	20.22	12.19
Asset Turnover
Asset Turnover	0.29	0.28	0.37	0.52	0.53
Fixed Assets Turnover	0.37	0.37	0.48	0.72	0.77
Receivables Turnover (Average Receivables)	5.62	4.83	4.8	5.1	4.88
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	1.88	1.9	1.55	1.56	2.33
Quick Ratio	1.71	1.54	1.36	1.38	2.11
Operating Cash Flow to Current Liabilities	0.35	0.5	0.17	0.34	0.61
Days Sales Outstanding (Average Receivables)	65.08	75.59	76.05	71.5	75.04
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	33.34	38.19	49.53	45.2	44.88
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	28.79	24.94	30.97	36.01	43.5
Total Debt / Total Capital	22.35	19.96	23.64	26.48	30.31
LT Debt/Equity	20.63	18.96	25.09	28.62	38.95
Long-Term Debt / Total Capital	16.02	15.17	19.16	21.04	27.14
Total Liabilities / Total Assets	30.18	29.17	36.52	41.28	41.48
EBIT / Interest Expense	0.64	-2.05	-1.3	4.96	3.77
EBITDA / Interest Expense	8.66	7.47	10.53	18.35	12.38
(EBITDA - Capex) / Interest Expense	7.97	7.12	8.87	17.44	11.69
Total Debt / EBITDA	1.98	2.34	2.21	1.38	1.58
Net Debt / EBITDA	0.83	0.9	1.33	0.53	0.7
Total Debt / (EBITDA - Capex)	2.15	2.46	2.63	1.45	1.67
Net Debt / (EBITDA - Capex)	0.9	0.94	1.58	0.56	0.74
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-2.44	-8.02	29.4	47.72	5.34
Gross Profit, 1 Yr. Growth %	-42.03	-80.74	228.82	295.84	9.59
EBITDA, 1 Yr. Growth %	-17.87	-42.95	30.04	138.27	8.5
EBITA, 1 Yr. Growth %	-69.5	-317.32	-48.25	-563.97	19.13
EBIT, 1 Yr. Growth %	-72.32	-355.28	-45.61	-505.28	20.75
Earnings From Cont. Operations, 1 Yr. Growth %	-65.19	-407.13	42.31	-87.65	-613.35
Net Income, 1 Yr. Growth %	-61.72	-377.52	42.65	-87.65	-613.35
Normalized Net Income, 1 Yr. Growth %	-98.05	-5.51K	-18.92	-254.46	18.64
Diluted EPS Before Extra, 1 Yr. Growth %	-65.8	-414.31	40.95	-87.62	-600.33
Accounts Receivable, 1 Yr. Growth %	6.72	7.5	51.32	30.66	-5.38
Inventory, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-6.81	-8.84	4.41	-5.29	1.46
Total Assets, 1 Yr. Growth %	-3.79	-6.89	2.72	6.98	1.61
Tangible Book Value, 1 Yr. Growth %	2.85	-5.34	-8.01	-1.02	1.29
Common Equity, 1 Yr. Growth %	2.41	-5.34	-7.94	-1.04	1.25
Cash From Operations, 1 Yr. Growth %	-41.77	41.82	-63.52	198.3	22.02
Capital Expenditures, 1 Yr. Growth %	-85.63	-58.89	302.6	-41.54	18.97
Levered Free Cash Flow, 1 Yr. Growth %	-392.86	-20.98	24.19	100.31	-41.28
Unlevered Free Cash Flow, 1 Yr. Growth %	-391.46	-17.26	20.61	93.1	-36.49
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-0.42	-5.27	9.1	38.26	24.74
Gross Profit, 2 Yr. CAGR %	-18.96	-66.58	-20.41	260.78	108.27
EBITDA, 2 Yr. CAGR %	-5.14	-31.55	-13.87	76.03	60.76
EBITA, 2 Yr. CAGR %	-35.35	-18.59	6.04	54.95	135.1
EBIT, 2 Yr. CAGR %	-39.48	-15.93	17.83	48.47	121.22
Earnings From Cont. Operations, 2 Yr. CAGR %	-16.2	3.4	109.07	-58.08	-20.39
Net Income, 2 Yr. CAGR %	-11.94	3.08	98.97	-58.03	-20.39
Normalized Net Income, 2 Yr. CAGR %	-80.29	2.78	562.1	11.9	35.37
Diluted EPS Before Extra, 2 Yr. CAGR %	-17.6	3.67	110.48	-58.24	-21.31
Accounts Receivable, 2 Yr. CAGR %	3.51	7.11	27.54	40.61	11.19
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	2.86	-7.83	-2.44	-0.56	-1.98
Total Assets, 2 Yr. CAGR %	3.16	-5.36	-2.2	4.83	4.26
Tangible Book Value, 2 Yr. CAGR %	3.65	-1.33	-6.69	-4.58	0.13
Common Equity, 2 Yr. CAGR %	3.72	-1.55	-6.65	-4.55	0.1
Cash From Operations, 2 Yr. CAGR %	-29.14	-9.13	-28.08	4.31	90.79
Capital Expenditures, 2 Yr. CAGR %	-61.57	-75.69	28.65	53.42	-16.6
Levered Free Cash Flow, 2 Yr. CAGR %	168.77	52.13	-0.83	57.72	8.46
Unlevered Free Cash Flow, 2 Yr. CAGR %	167.67	55.29	-0.01	52.61	10.74
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	8.06	-3.02	5.11	20.69	26.27
Gross Profit, 3 Yr. CAGR %	8.73	-49.8	-28.39	35.85	142.52
EBITDA, 3 Yr. CAGR %	11.15	-19.93	-15.22	20.91	49.81
EBITA, 3 Yr. CAGR %	170.02	-3.16	-30	73.44	41.95
EBIT, 3 Yr. CAGR %	158.41	-2.22	-27.29	77.87	38.59
Earnings From Cont. Operations, 3 Yr. CAGR %	-12.57	29.2	15.01	-18.59	-3.38
Net Income, 3 Yr. CAGR %	-9.64	29.1	14.87	-21.23	-3.3
Normalized Net Income, 3 Yr. CAGR %	-59.87	28.06	-5.04	307.58	14.11
Diluted EPS Before Extra, 3 Yr. CAGR %	-13.16	28.75	14.85	-18.16	-4.44
Accounts Receivable, 3 Yr. CAGR %	-2.04	4.82	20.18	28.57	23.22
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	2.28	-1.2	-3.92	-3.4	0.11
Total Assets, 3 Yr. CAGR %	1.88	-0.31	-2.74	0.76	3.74
Tangible Book Value, 3 Yr. CAGR %	3.48	0.57	-3.61	-4.83	-2.66
Common Equity, 3 Yr. CAGR %	3.55	0.61	-3.72	-4.81	-2.65
Cash From Operations, 3 Yr. CAGR %	24.14	-10.7	-32.97	15.56	9.91
Capital Expenditures, 3 Yr. CAGR %	-55.59	-60.7	-38.04	-1.09	40.95
Levered Free Cash Flow, 3 Yr. CAGR %	11.64	78.72	42.28	25.36	13.47
Unlevered Free Cash Flow, 3 Yr. CAGR %	15.07	80.98	42.83	24.52	13.94
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	1.06	6.71	8.47	11.76	12.56
Gross Profit, 5 Yr. CAGR %	-6.4	-19.84	-4.03	10.49	9.76
EBITDA, 5 Yr. CAGR %	-3.31	-0.48	0.37	9.73	9.51
EBITA, 5 Yr. CAGR %	-16.82	19.18	85.8	16.87	13.64
EBIT, 5 Yr. CAGR %	-18.99	19.87	88.75	15.56	13.47
Earnings From Cont. Operations, 5 Yr. CAGR %	-44.37	-5.41	23.91	-17.64	-0.72
Net Income, 5 Yr. CAGR %	-43.26	-5.45	23.91	-17.64	-0.8
Normalized Net Income, 5 Yr. CAGR %	-59.41	8.39	23.15	21.33	9.43
Diluted EPS Before Extra, 5 Yr. CAGR %	-48.4	-10.82	23.74	-17.93	-1.27
Accounts Receivable, 5 Yr. CAGR %	6.84	5.24	8.86	17.89	16.5
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	3.81	1.3	0.37	-0.94	-3.15
Total Assets, 5 Yr. CAGR %	0.81	0.69	0.22	1.71	0
Tangible Book Value, 5 Yr. CAGR %	7.08	5.1	-0.71	-1.52	-2.13
Common Equity, 5 Yr. CAGR %	6.36	5.15	-0.66	-1.49	-2.21
Cash From Operations, 5 Yr. CAGR %	-2.27	29.34	-0.21	-4.97	1.86
Capital Expenditures, 5 Yr. CAGR %	-42.44	-46.31	-32.04	-32.24	-30.22
Levered Free Cash Flow, 5 Yr. CAGR %	-8.43	5.96	6.48	70.08	27.64
Unlevered Free Cash Flow, 5 Yr. CAGR %	-6.65	10.5	8.78	69.11	29.01