Financials Helix Energy Solutions Group, Inc.

Equities

HLX

US42330P1075

Oil Related Services and Equipment

Market Closed - Nyse Other stock markets 21:00:01 05/12/2025 GMT			5-day change	1st Jan Change
7.330 ^USD	-2.40%		+10.06%	-21.35%

11-04	Helix Energy Solutions Group Insider Sold Shares Worth $275,160, According to a Recent SEC Filing	MT
11-07	Helix Energy Solutions Group, Inc., Q3 2025 Earnings Call, Oct 23, 2025

Projected Income Statement: Helix Energy Solutions Group, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	733.6	674.7	873.1	1,290	1,359	1,262	1,314	1,409
Change	-	-8.02%	29.4%	47.72%	5.34%	-7.11%	4.13%	7.22%
EBITDA ¹	155.3	96.28	121	273.4	303.1	251.4	277	326
Change	-	-37.99%	25.7%	125.91%	10.88%	-17.08%	10.21%	17.68%
EBIT ¹	13.02	-48.06	-26.14	105.9	127.9	63.9	81.96	150
Change	-	-468.95%	45.61%	505.28%	20.75%	-50.04%	28.27%	83.01%
Interest Paid ¹	-28.53	-23.2	-18.95	-17.34	-22.63	-22.64	-20.99	-21
Earnings before Tax (EBT) ¹	1.383	-70.64	-75.18	-	82.06	38.14	61.61	129
Change	-	-5,207.88%	-6.43%	-	-	-53.52%	61.53%	109.38%
Net income ¹	22.17	-61.54	-87.78	-10.84	55.64	24.09	44.55	103
Change	-	-377.52%	-42.65%	87.65%	613.35%	-56.7%	84.93%	131.22%
Announcement Date	22/02/21	21/02/22	20/02/23	26/02/24	24/02/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4
Net sales ¹	159.9	163.4	161.9	180.7	168.7	150.1	162.6	272.5	287.8	250.1	308.8	395.7	335.2	296.2	364.8	342.4	355.1	278.1	302.3	377	304.7	252.9	344	395.1	321.9
Change	-	2.2%	-0.9%	11.59%	-6.67%	-10.99%	8.32%	67.61%	5.6%	-13.11%	23.49%	28.12%	-15.29%	-11.62%	23.15%	-6.13%	3.71%	-21.7%	8.71%	24.7%	-19.18%	-16.99%	36.03%	14.84%	-18.51%
EBITDA ¹	35.28	36.17	24.81	26.53	8.764	2.526	16.76	52.57	49.17	35.09	71.29	96.38	70.63	46.99	96.9	87.62	71.64	51.98	42.43	103.7	58.86	41.85	72.43	92.05	65.36
Change	-	2.51%	-31.4%	6.93%	-66.97%	-71.18%	563.46%	213.67%	-6.47%	-28.63%	103.15%	35.2%	-26.72%	-33.47%	106.2%	-9.57%	-18.24%	-27.44%	-18.38%	144.33%	-43.23%	-28.89%	73.07%	27.08%	-28.99%
EBIT ¹	0.843	-0.555	-10.94	-10.35	-26.86	-32.98	-18.98	15.65	8.577	-4.447	31.34	52.73	26.31	-1.126	53.19	44.64	31.31	9.503	-3.152	47.85	9.95	-11.46	26.36	49.29	13.81
Change	-	-165.84%	-1,871.35%	5.44%	-159.62%	-22.77%	42.46%	182.48%	-45.2%	-151.85%	804.79%	68.23%	-50.11%	-104.28%	4,824.07%	-16.08%	-29.87%	-69.65%	-133.17%	1,618.12%	-79.21%	-215.19%	329.99%	86.97%	-71.98%
Charge d'intérêts ¹	-8.124	-6.053	-5.919	-5.928	-5.301	-5.174	-4.799	-4.644	-4.333	-4.187	-4.228	-4.152	-4.771	-5.477	-5.891	-5.689	-5.572	-5.706	-5.875	-5.616	-5.508	-6.5	-5.086	-5.158	-5.16
Earnings before Tax (EBT) ¹	1.548	-2.934	-15.65	-20.1	-31.96	-39.89	-28.26	-12.26	5.238	-7.183	10.41	23.9	-19.61	-27.98	47.01	39.03	24	3.525	-8.595	41.25	1.348	-16.3	21.51	44.37	8.888
Change	-	-289.53%	-433.44%	-28.43%	-58.98%	-24.83%	29.14%	56.61%	142.71%	-237.13%	244.95%	129.51%	-182.07%	-42.69%	268%	-16.97%	-38.51%	-85.31%	-343.83%	579.95%	-96.73%	-1,309.38%	231.96%	106.23%	-79.97%
Net income ¹	4.163	-2.878	-13.71	-19.04	-25.91	-42.03	-29.7	-18.76	2.709	-5.165	7.1	15.56	-28.33	-26.29	32.29	29.51	20.12	3.072	-2.598	22.08	1.403	-14.91	15.55	32.61	6.566
Change	-	-169.13%	-376.34%	-38.91%	-36.05%	-62.23%	29.34%	36.82%	114.44%	-290.66%	237.46%	119.15%	-282.09%	7.22%	222.83%	-8.59%	-31.83%	-84.73%	-184.57%	950%	-93.65%	-1,162.76%	204.31%	109.74%	-79.86%
Announcement Date	22/02/21	26/04/21	26/07/21	20/10/21	21/02/22	25/04/22	25/07/22	24/10/22	20/02/23	24/04/23	26/07/23	23/10/23	26/02/24	24/04/24	24/07/24	23/10/24	24/02/25	23/04/25	23/07/25	22/10/25	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Helix Energy Solutions Group, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	58.2	-22.1	75	29.5	-52.9	-147	-295	-483
Change	-	-137.97%	439.37%	-60.67%	-279.32%	-178.02%	-100.68%	-63.73%
Announcement Date	22/02/21	21/02/22	20/02/23	26/02/24	24/02/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Helix Energy Solutions Group, Inc.

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	20.2	8.322	33.5	18.66	22.84	16	55	57.5
Change	-	-58.8%	302.6%	-44.31%	22.41%	-29.95%	243.75%	4.55%
Free Cash Flow (FCF) ¹	78.6	131.8	17.6	133.8	163.2	119.6	159	188
Change	-	67.68%	-86.64%	660.04%	21.97%	-26.68%	32.89%	18.24%
Announcement Date	22/02/21	21/02/22	20/02/23	26/02/24	24/02/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Helix Energy Solutions Group, Inc.

Fiscal Period: December	2019	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	-	21.17%	14.27%	13.86%	21.2%	22.31%	19.92%	21.08%	23.14%
EBIT Margin (%)	-	1.78%	-7.12%	-2.99%	8.21%	9.42%	5.06%	6.24%	10.65%
EBT Margin (%)	-	0.19%	-10.47%	-8.61%	-	6.04%	3.02%	4.69%	9.16%
Net margin (%)	-	3.02%	-9.12%	-10.05%	-0.84%	4.1%	1.91%	3.39%	7.31%
FCF margin (%)	-	10.71%	19.53%	2.02%	10.37%	12.01%	9.48%	12.1%	13.34%
FCF / Net Income (%)	-	354.47%	-214.17%	-20.05%	-1,234.53%	293.31%	496.7%	356.92%	182.52%
Profitability
ROA	1.72%	0.46%	-1.25%	-0.69%	2.68%	3.1%	-	-	-
ROE	3.47%	1.17%	-3.64%	-5.55%	-0.72%	3.68%	-	-	-
Financial Health
Leverage (Debt/EBITDA)	-	0.38x	-	0.62x	0.11x	-	-	-	-
Debt / Free cash flow	-	0.74x	-	4.26x	0.22x	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	-	2.75%	1.23%	3.84%	1.45%	1.68%	1.27%	4.19%	4.08%
CAPEX / EBITDA (%)	-	13.01%	8.64%	27.68%	6.82%	7.53%	6.37%	19.85%	17.64%
CAPEX / FCF (%)	-	25.7%	6.31%	190.32%	13.95%	14%	13.37%	34.59%	30.59%
Items per share
Cash flow per share ¹	-	0.6591	0.9338	0.3378	-	-	-	-	-
Change	-	-	41.67%	-63.82%	-	-	-	-	-
Dividend per Share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
Book Value Per Share ¹	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-
EPS ¹	-	0.13	-0.41	-0.58	-0.07	0.36	0.16	0.3033	0.69
Change	-	-	-415.38%	-41.46%	87.93%	614.29%	-55.56%	89.58%	127.48%
Nbr of stocks (in thousands)	-	150,161	150,889	151,821	150,711	152,104	147,081	147,081	147,081
Announcement Date	-	22/02/21	21/02/22	20/02/23	26/02/24	24/02/25	-	-	-