Cash flow Helix Energy Solutions Group, Inc.

Stocks

HLX

US42330P1075

Oil Related Services and Equipment

Market Closed - NYSE Other stock markets 21:00:02 17/06/2026 BST			5-day change	1st Jan Change
8.870 ^USD	-3.59%		-7.89%	+41.47%

05-04	Helix Energy Solutions Group Sells Shallow Water Abandonment Business for $107.5 Million	MT
04-24	Tranche Update on Helix Energy Solutions Group, Inc.'s Equity Buyback Plan announced on February 21, 2023.	CI

68.obS9KXDjL5Px6bVoV0Fug8yD7BuXinIlQldHCCCCUMQ.8vfoZS-5RNTJk4xbJSoUtZn6h1TU7iBUdTIhWWzoM7bm0PAbB9Vl8b6agQ

Published financial data: HELIX ENERGY SOLUTIONS GROUP, INC.

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: December	2021	2022	2023	2024	2025
Revenues	675M	873M	1.29B	1.36B	1.29B
Total Revenues	675M	873M	1.29B	1.36B	1.29B
Cost of Goods Sold, Total	659M	822M	1.09B	1.14B	1.13B
Gross Profit	15.39M	50.62M	200M	220M	159M
Selling General & Admin Expenses, Total	63.45M	76.75M	94.43M	91.65M	75.94M
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses, Total	63.45M	76.75M	94.43M	91.65M	75.94M
Operating Income	-48.06M	-26.14M	106M	128M	83.2M
Interest Expense, Total	-23.49M	-20.18M	-21.36M	-33.9M	-32.97M
Interest And Investment Income	288K	1.23M	4.02M	11.27M	10.2M
Net Interest Expenses	-23.2M	-18.95M	-17.34M	-22.63M	-22.78M
Income (Loss) On Equity Invest.	-1K	8.26M	-	-	-
Currency Exchange Gains (Loss)	-1.5M	-23.4M	-4.4M	-1.5M	-1.7M
Other Non Operating Income (Expenses)	2.88M	3.76M	3.02M	-320K	1.82M
EBT, Excl. Unusual Items	-69.88M	-56.46M	87.21M	103M	60.54M
Merger & Related Restructuring Charges	-	-2.66M	-540K	-	-
Impairment of Goodwill	-	-	-	-	-
Gain (Loss) On Sale Of Assets	-631K	-	367K	-479K	-
Asset Writedown	-	-	-	-	-18.06M
Other Unusual Items	-136K	-16.05M	-79.52M	-20.92M	-
EBT, Incl. Unusual Items	-70.64M	-75.18M	7.51M	82.06M	42.48M
Income Tax Expense	-8.96M	12.6M	18.35M	26.43M	11.65M
Earnings From Continuing Operations	-61.68M	-87.78M	-10.84M	55.64M	30.83M
Net Income to Company	-61.68M	-87.78M	-10.84M	55.64M	30.83M
Minority Interest	146K	-	-	-	-
Net Income - (IS)	-61.54M	-87.78M	-10.84M	55.64M	30.83M
Preferred Dividend and Other Adjustments	241K	-	-	53K	22K
Net Income to Common Incl Extra Items	-61.78M	-87.78M	-10.84M	55.58M	30.8M
Net Income to Common Excl. Extra Items	-61.78M	-87.78M	-10.84M	55.58M	30.8M
Per Share Items
Net EPS - Basic	-0.41	-0.58	-0.07	0.37	0.21
Basic EPS - Continuing Operations	-0.41	-0.58	-0.07	0.37	0.21
Basic Weighted Average Shares Outstanding	150M	151M	151M	152M	148M
Net EPS - Diluted	-0.41	-0.58	-0.07	0.36	0.21
Diluted EPS - Continuing Operations	-0.41	-0.58	-0.07	0.36	0.21
Diluted Weighted Average Shares Outstanding	150M	151M	151M	155M	148M
Normalized Basic EPS	-0.29	-0.23	0.36	0.43	0.26
Normalized Diluted EPS	-0.29	-0.23	0.36	0.42	0.25
Supplemental Items
EBITDA	78.86M	103M	244M	265M	218M
EBITA	-46.68M	-24.16M	112M	134M	89.02M
EBIT	-48.06M	-26.14M	106M	128M	83.2M
EBITDAR	175M	212M	392M	420M	369M
Effective Tax Rate - (Ratio)	12.68	-16.76	244.24	32.2	27.43
Current Domestic Taxes	-1.1M	-	1.51M	-97K	1.73M
Current Foreign Taxes	7.35M	8.22M	5.31M	15.92M	17.99M
Total Current Taxes	6.24M	8.22M	6.82M	15.82M	19.72M
Deferred Domestic Taxes	-5.76M	1.17M	8.69M	11.64M	-11.95M
Deferred Foreign Taxes	-9.45M	3.22M	2.84M	-1.03M	3.88M
Total Deferred Taxes	-15.2M	4.39M	11.53M	10.61M	-8.07M
Normalized Net Income	-43.53M	-35.29M	54.51M	64.67M	37.84M
Interest Capitalized	-	-	-	-	-
Interest on Long-Term Debt	23.49M	20.18M	21.36M	33.9M	32.97M
Supplemental Operating Expense Items
Net Rental Expense, Total	96.63M	110M	148M	154M	151M
Imputed Operating Lease Interest Expense	39.77M	40.27M	49.96M	69.72M	61.91M
Imputed Operating Lease Depreciation	56.86M	69.58M	97.74M	84.74M	89.57M
Maintenance & Repair Expenses, Total	-	-	-	-	-
Stock-Based Comp., SG&A Exp. (Total)	-	11M	12.9M	-	-
Stock-Based Comp., Other (Total)	7.69M	-	-	14.1M	9M
Total Stock-Based Compensation	7.69M	11M	12.9M	14.1M	9M

Fiscal Period: December	2021	2022	2023	2024	2025
Assets
Cash And Equivalents	254M	187M	332M	368M	445M
Trading Asset Securities, Total	-	-	-	-	-
Total Cash And Short Term Investments	254M	187M	332M	368M	445M
Accounts Receivable, Total	145M	219M	286M	271M	315M
Other Receivables	29.92M	-	-	2.64M	7.38M
Notes Receivable	-	-	-	-	-
Total Receivables	175M	219M	286M	273M	322M
Inventory	-	-	-	-	-
Prepaid Expenses	18.23M	26.61M	28.35M	26.78M	29.34M
Deferred Tax Assets Current	-	-	-	-	-
Restricted Cash	73.61M	2.51M	-	-	-
Other Current Assets, Total	9.49M	25.8M	51.05M	41.39M	28.26M
Total Current Assets	530M	461M	698M	710M	825M
Gross Property Plant And Equipment	3.04B	3.21B	3.25B	3.4B	3.46B
Accumulated Depreciation	-1.28B	-1.37B	-1.51B	-1.63B	-1.79B
Net Property Plant And Equipment	1.76B	1.84B	1.74B	1.77B	1.67B
Long-term Investments	-	-	-	-	-
Goodwill	-	-	-	-	-
Other Intangibles, Total	3.47M	4.46M	4.1M	3.63M	3.26M
Loans Receivable Long-Term	-	-	-	-	-
Deferred Charges Long-Term	16.67M	45.21M	71.88M	77.07M	81.26M
Other Long-Term Assets, Total	14.51M	39.61M	40.13M	39.2M	41.25M
Total Assets	2.33B	2.39B	2.56B	2.6B	2.62B
Liabilities
Accounts Payable, Total	87.96M	135M	135M	145M	134M
Accrued Expenses, Total	52.98M	63.13M	83.41M	75.54M	77.84M
Current Portion of Long-Term Debt	42.87M	38.2M	48.29M	9.19M	9.64M
Current Portion of Leases	55.74M	50.91M	62.66M	59.98M	60.8M
Current Income Taxes Payable	-	479K	1.94M	-	-
Unearned Revenue Current, Total	8.27M	9.96M	32.76M	14.91M	17.12M
Other Current Liabilities	30.46M	-	85M	-	-
Total Current Liabilities	278M	298M	449M	304M	300M
Long-Term Debt	262M	226M	313M	306M	298M
Long-Term Leases	50.2M	155M	116M	286M	261M
Unearned Revenue Non Current	476K	-	-	699K	-
Deferred Tax Liability Non Current	86.97M	98.88M	111M	114M	106M
Other Non Current Liabilities	499K	95.23M	66.25M	66.27M	71.43M
Total Liabilities	679M	873M	1.06B	1.08B	1.04B
Common Stock, Total	1.29B	1.3B	1.27B	1.25B	1.22B
Retained Earnings	411M	323M	312M	368M	399M
Comprehensive Income and Other	-56.08M	-105M	-83.02M	-101M	-37.5M
Total Common Equity	1.65B	1.52B	1.5B	1.52B	1.58B
Minority Interest	-	-	-	-	-
Total Equity	1.65B	1.52B	1.5B	1.52B	1.58B
Total Liabilities And Equity	2.33B	2.39B	2.56B	2.6B	2.62B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	152M	152M	152M	151M	147M
ECS Total Common Shares Outstanding	151M	152M	152M	150M	147M
Book Value / Share	10.9	9.98	9.86	10.12	10.73
Tangible Book Value	1.64B	1.51B	1.5B	1.52B	1.58B
Tangible Book Value Per Share	10.88	9.95	9.83	10.09	10.71
Total Debt	411M	470M	541M	661M	630M
Net Debt	157M	283M	208M	293M	185M
Debt Equivalent Oper. Leases	773M	879M	1.18B	1.24B	1.21B
Minority Interest, Total (Incl. Fin. Div)	-	-	-	-	-
Account Code - Inventory Valuation	3	3	3	3	3
Inventories - Others	-	-	-	-	-
Buildings, Total	-	-	81.82M	79M	58.09M
Machinery, Total	2.94B	3.02B	3B	2.99B	3.1B
Full Time Employees	1.33K	2.28K	2.53K	2.31K	2.21K
Accumulated Allowance for Doubtful Accounts (Supple)	1.48M	2.28M	3.41M	3.68M	3.53M
Order Backlog	348M	847M	850M	1.4B	1.3B

Fiscal Period: December	2021	2022	2023	2024	2025
Net Income	-61.54M	-87.78M	-10.84M	55.64M	30.83M
Depreciation & Amortization - CF	126M	127M	132M	132M	129M
Amortization of Goodwill and Intangible Assets - (CF)	1.38M	1.98M	6.14M	5.6M	5.82M
Depreciation & Amortization, Total	127M	129M	138M	137M	135M
Amortization of Deferred Charges, Total - (CF)	17.78M	16.33M	28.2M	38.44M	55.15M
(Gain) Loss From Sale Of Asset	631K	-	-367K	479K	-
Asset Writedown & Restructuring Costs	-	-	-	-	18.06M
(Income) Loss On Equity Investments - (CF)	1K	-8.26M	-	-	-
Stock-Based Compensation (CF)	7.69M	7.45M	6.51M	7.27M	6.57M
Other Operating Activities, Total	-12.96M	42.04M	99.36M	-61.54M	-59.69M
Change In Accounts Receivable	-14.15M	-29.86M	-64.52M	13.74M	-37.51M
Change In Accounts Payable	46.64M	9.81M	32M	-9.16M	-18.43M
Change In Income Taxes	18.61M	-49K	-418K	1.92M	-9.51M
Change in Other Net Operating Assets	10.5M	-27.25M	-75.89M	2.04M	16.75M
Cash from Operations	140M	51.11M	152M	186M	137M
Capital Expenditure	-8.32M	-33.5M	-19.59M	-23.3M	-16.34M
Sale of Property, Plant, and Equipment	51K	-	365K	100K	-
Cash Acquisitions	-	-113M	-	-	-
Investment in Marketable and Equity Securities, Total	-	7.84M	-	-	-
Other Investing Activities, Total	-	-	564K	363K	-
Cash from Investing	-8.27M	-138M	-18.66M	-22.84M	-16.34M
Long-Term Debt Issued, Total	-	-	299M	-	-
Total Debt Issued	-	-	299M	-	-
Long-Term Debt Repaid, Total	-90.96M	-42.94M	-269M	-69.47M	-9.19M
Total Debt Repaid	-90.96M	-42.94M	-269M	-69.47M	-9.19M
Issuance of Common Stock	654K	575K	982K	1.86M	1.74M
Repurchase of Common Stock	-2M	-1.9M	-13.74M	-33.85M	-37.62M
Other Financing Activities, Total	-3.69M	-580K	8.77M	-23.85M	-
Cash from Financing	-96M	-44.84M	25.11M	-125M	-45.06M
Foreign Exchange Rate Adjustments	-42K	-5.99M	-15.83M	-2.04M	1.82M
Net Change in Cash	35.81M	-138M	143M	35.84M	77.17M
Supplemental Items
Cash Interest Paid	20.72M	18.27M	20.98M	25.45M	30.84M
Cash Income Tax Paid (Refund)	-10.59M	8.42M	7.39M	14.12M	30.75M
Levered Free Cash Flow	100M	125M	250M	147M	170M
Unlevered Free Cash Flow	112M	135M	261M	166M	188M
Change In Net Working Capital	-916K	-31.21M	-37.16M	78.42M	44.15M
Net Debt Issued / Repaid	-90.96M	-42.94M	29.1M	-69.47M	-9.19M

Fiscal Period: December	2021	2022	2023	2024	2025
Profitability
Return on Assets	-1.25	-0.69	2.68	3.1	1.99
Return on Total Capital	-1.4	-0.81	3.29	3.79	2.37
Return On Equity %	-3.64	-5.55	-0.72	3.68	1.99
Return on Common Equity	-3.65	-5.55	-0.72	3.68	1.99
Margin Analysis
Gross Profit Margin %	2.28	5.8	15.53	16.16	12.32
SG&A Margin	9.4	8.79	7.32	6.75	5.88
EBITDA Margin %	11.69	11.75	18.95	19.51	16.86
EBITA Margin %	-6.92	-2.77	8.69	9.83	6.89
EBIT Margin %	-7.12	-2.99	8.21	9.42	6.44
Income From Continuing Operations Margin %	-9.14	-10.05	-0.84	4.1	2.39
Net Income Margin %	-9.12	-10.05	-0.84	4.1	2.39
Net Avail. For Common Margin %	-9.16	-10.05	-0.84	4.09	2.39
Normalized Net Income Margin	-6.45	-4.04	4.23	4.76	2.93
Levered Free Cash Flow Margin	14.86	14.29	19.38	10.8	13.13
Unlevered Free Cash Flow Margin	16.56	15.47	20.22	12.19	14.55
Asset Turnover
Asset Turnover	0.28	0.37	0.52	0.53	0.5
Fixed Assets Turnover	0.37	0.48	0.72	0.77	0.75
Receivables Turnover (Average Receivables)	4.83	4.8	5.1	4.88	4.41
Inventory Turnover (Average Inventory)	-	-	-	-	-
Short Term Liquidity
Current Ratio	1.9	1.55	1.56	2.33	2.75
Quick Ratio	1.54	1.36	1.38	2.11	2.56
Operating Cash Flow to Current Liabilities	0.5	0.17	0.34	0.61	0.46
Days Sales Outstanding (Average Receivables)	75.59	76.05	71.5	75.04	82.76
Days Outstanding Inventory (Average Inventory)	-	-	-	-	-
Average Days Payable Outstanding	38.19	49.53	45.2	44.88	44.98
Cash Conversion Cycle (Average Days)	-	-	-	-	-
Long Term Solvency
Total Debt/Equity	24.94	30.97	36.01	43.5	39.86
Total Debt / Total Capital	19.96	23.64	26.48	30.31	28.5
LT Debt/Equity	18.96	25.09	28.62	38.95	35.4
Long-Term Debt / Total Capital	15.17	19.16	21.04	27.14	25.31
Total Liabilities / Total Assets	29.17	36.52	41.28	41.48	39.6
EBIT / Interest Expense	-2.05	-1.3	4.96	3.77	2.52
EBITDA / Interest Expense	7.47	10.53	18.35	12.38	11.2
(EBITDA - Capex) / Interest Expense	7.12	8.87	17.44	11.69	10.7
Total Debt / EBITDA	2.34	2.21	1.38	1.58	1.71
Net Debt / EBITDA	0.9	1.33	0.53	0.7	0.5
Total Debt / (EBITDA - Capex)	2.46	2.63	1.45	1.67	1.78
Net Debt / (EBITDA - Capex)	0.94	1.58	0.56	0.74	0.52
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-8.02	29.4	47.72	5.34	-4.94
Gross Profit, 1 Yr. Growth %	-80.74	228.82	295.84	9.59	-27.52
EBITDA, 1 Yr. Growth %	-42.95	30.04	138.27	8.5	-17.87
EBITA, 1 Yr. Growth %	-317.32	-48.25	-563.97	19.13	-33.32
EBIT, 1 Yr. Growth %	-355.28	-45.61	-505.28	20.75	-34.96
Earnings From Cont. Operations, 1 Yr. Growth %	-407.13	42.31	-87.65	-613.35	-44.59
Net Income, 1 Yr. Growth %	-377.52	42.65	-87.65	-613.35	-44.59
Normalized Net Income, 1 Yr. Growth %	-5.51K	-18.92	-254.46	18.64	-41.48
Diluted EPS Before Extra, 1 Yr. Growth %	-414.31	40.95	-87.62	-600.33	-42.21
Accounts Receivable, 1 Yr. Growth %	7.5	51.32	30.66	-5.38	16.23
Inventory, 1 Yr. Growth %	-	-	-	-	-
Net Property, Plant and Equip., 1 Yr. Growth %	-8.84	4.41	-5.29	1.46	-5.79
Total Assets, 1 Yr. Growth %	-6.89	2.72	6.98	1.61	0.72
Tangible Book Value, 1 Yr. Growth %	-5.34	-8.01	-1.02	1.29	3.99
Common Equity, 1 Yr. Growth %	-5.34	-7.94	-1.04	1.25	3.96
Cash From Operations, 1 Yr. Growth %	41.82	-63.52	198.3	22.02	-26.49
Capital Expenditures, 1 Yr. Growth %	-58.89	302.6	-41.54	18.97	-29.87
Levered Free Cash Flow, 1 Yr. Growth %	-20.98	24.19	100.31	-41.28	15.53
Unlevered Free Cash Flow, 1 Yr. Growth %	-17.26	20.61	93.1	-36.49	13.45
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-5.27	9.1	38.26	24.74	0.07
Gross Profit, 2 Yr. CAGR %	-66.58	-20.41	260.78	108.27	-10.88
EBITDA, 2 Yr. CAGR %	-31.55	-13.87	76.03	60.76	-5.6
EBITA, 2 Yr. CAGR %	-18.59	6.04	54.95	135.1	-10.87
EBIT, 2 Yr. CAGR %	-15.93	17.83	48.47	121.22	-11.38
Earnings From Cont. Operations, 2 Yr. CAGR %	3.4	109.07	-58.08	-20.39	68.65
Net Income, 2 Yr. CAGR %	3.08	98.97	-58.03	-20.39	68.65
Normalized Net Income, 2 Yr. CAGR %	2.78	562.1	11.9	35.37	-16.68
Diluted EPS Before Extra, 2 Yr. CAGR %	3.67	110.48	-58.24	-21.31	70.04
Accounts Receivable, 2 Yr. CAGR %	7.11	27.54	40.61	11.19	4.87
Inventory, 2 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 2 Yr. CAGR %	-7.83	-2.44	-0.56	-1.98	-2.23
Total Assets, 2 Yr. CAGR %	-5.36	-2.2	4.83	4.26	1.16
Tangible Book Value, 2 Yr. CAGR %	-1.33	-6.69	-4.58	0.13	2.63
Common Equity, 2 Yr. CAGR %	-1.55	-6.65	-4.55	0.1	2.59
Cash From Operations, 2 Yr. CAGR %	-9.13	-28.08	4.31	90.79	-5.29
Capital Expenditures, 2 Yr. CAGR %	-75.69	28.65	53.42	-16.6	-8.66
Levered Free Cash Flow, 2 Yr. CAGR %	52.13	-0.83	57.72	8.46	-17.63
Unlevered Free Cash Flow, 2 Yr. CAGR %	55.29	-0.01	52.61	10.74	-15.12
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-3.02	5.11	20.69	26.27	13.94
Gross Profit, 3 Yr. CAGR %	-49.8	-28.39	35.85	142.52	46.5
EBITDA, 3 Yr. CAGR %	-19.93	-15.22	20.91	49.81	28.51
EBITA, 3 Yr. CAGR %	-3.16	-30	73.44	41.95	54.46
EBIT, 3 Yr. CAGR %	-2.22	-27.29	77.87	38.59	47.1
Earnings From Cont. Operations, 3 Yr. CAGR %	29.2	15.01	-18.59	-3.38	-29.45
Net Income, 3 Yr. CAGR %	29.1	14.87	-21.23	-3.3	-29.45
Normalized Net Income, 3 Yr. CAGR %	28.06	-5.04	307.58	14.11	2.35
Diluted EPS Before Extra, 3 Yr. CAGR %	28.75	14.85	-18.16	-4.44	-29
Accounts Receivable, 3 Yr. CAGR %	4.82	20.18	28.57	23.22	12.85
Inventory, 3 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 3 Yr. CAGR %	-1.2	-3.92	-3.4	0.11	-3.26
Total Assets, 3 Yr. CAGR %	-0.31	-2.74	0.76	3.74	3.07
Tangible Book Value, 3 Yr. CAGR %	0.57	-3.61	-4.83	-2.66	1.4
Common Equity, 3 Yr. CAGR %	0.61	-3.72	-4.81	-2.65	1.37
Cash From Operations, 3 Yr. CAGR %	-10.7	-32.97	15.56	9.91	38.83
Capital Expenditures, 3 Yr. CAGR %	-60.7	-38.04	-1.09	40.95	-21.28
Levered Free Cash Flow, 3 Yr. CAGR %	78.72	42.28	25.36	13.47	10.77
Unlevered Free Cash Flow, 3 Yr. CAGR %	80.98	42.83	24.52	13.94	11.63
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	6.71	8.47	11.76	12.56	11.98
Gross Profit, 5 Yr. CAGR %	-19.84	-4.03	10.49	9.76	14.77
EBITDA, 5 Yr. CAGR %	-0.48	0.37	9.73	9.51	9.51
EBITA, 5 Yr. CAGR %	19.18	85.8	16.87	13.64	32.89
EBIT, 5 Yr. CAGR %	19.87	88.75	15.56	13.47	34.61
Earnings From Cont. Operations, 5 Yr. CAGR %	-5.41	23.91	-17.64	-0.72	8.95
Net Income, 5 Yr. CAGR %	-5.45	23.91	-17.64	-0.8	6.81
Normalized Net Income, 5 Yr. CAGR %	8.39	23.15	21.33	9.43	115.99
Diluted EPS Before Extra, 5 Yr. CAGR %	-10.82	23.74	-17.93	-1.27	9.65
Accounts Receivable, 5 Yr. CAGR %	5.24	8.86	17.89	16.5	18.51
Inventory, 5 Yr. CAGR %	-	-	-	-	-
Net Property, Plant and Equip., 5 Yr. CAGR %	1.3	0.37	-0.94	-3.15	-2.94
Total Assets, 5 Yr. CAGR %	0.69	0.22	1.71	0	0.92
Tangible Book Value, 5 Yr. CAGR %	5.1	-0.71	-1.52	-2.13	-1.92
Common Equity, 5 Yr. CAGR %	5.15	-0.66	-1.49	-2.21	-1.92
Cash From Operations, 5 Yr. CAGR %	29.34	-0.21	-4.97	1.86	6.72
Capital Expenditures, 5 Yr. CAGR %	-46.31	-32.04	-32.24	-30.22	-4.19
Levered Free Cash Flow, 5 Yr. CAGR %	5.96	6.48	70.08	27.64	5.97
Unlevered Free Cash Flow, 5 Yr. CAGR %	10.5	8.78	69.11	29.01	6.82