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HELIX ENERGY SOLUTIONS GROUP INC HLX

NYSE · stock · Oil & Gas Field Services, NEC · website · IPO 1997-07-01 · LEI

HELIX ENERGY SOLUTIONS GROUP INC statistics & valuation

Market cap$1.3B
P / E42.4×
P / S1.0×
P / B0.8×
Net margin2.4%
Return on equity2.0%
Net cash$110.3M
Net debt / EBITDA-0.4×
Enterprise value USD$1.2B
EV / EBITDA4.7×
Earnings yield EBIT/EV5.4%
Return on capital2.8%
Graham number -29.9%$7.09

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($7.09); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-16.70% 5.20% 3.90% 7.70% 3.00% -9.10% -10.10% -0.80% 4.10% 2.40% 2016201720182019202020212022202320242025
Gross margin (%)
9.50% 10.70% 16.40% 18.30% 10.90% 2.30% 5.80% 15.50% 16.20% 12.30% 2016201720182019202020212022202320242025
Operating margin (%)
-13.00% -0.20% 7.00% 9.00% 1.80% -7.20% -5.10% 4.90% 9.40% 5.00% 2016201720182019202020212022202320242025
Return on equity (%)
-6.40% 1.90% 1.80% 3.40% 1.30% -3.70% -5.80% -0.70% 3.70% 2.00% 2016201720182019202020212022202320242025
Shares outstanding
111.6M 145.3M 146.8M 149.6M 149.9M 150.1M 151.3M 150.9M 154.7M 148.5M 2016201720182019202020212022202320242025
Net debt ($)
$269.3M $229.0M $160.9M $197.4M $58.2M $51.5M $77.5M $29.5M -$52.9M -$110.3M 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-3.60% 1.30% 1.20% 2.20% 0.90% -2.60% -3.70% -0.40% 2.10% 1.20% 2016201720182019202020212022202320242025
Free cash flow margin (%)
2016201720182019202020212022202320242025
Debt / equity (×)
0.49× 0.32× 0.27× 0.24× 0.20× 0.19× 0.17× 0.24× 0.21× 0.19× 2016201720182019202020212022202320242025
EPS ($)
-$0.73 $0.20 $0.19 $0.38 $0.13 -$0.41 -$0.58 -$0.07 $0.36 $0.21 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

HELIX ENERGY SOLUTIONS GROUP INC trades at about 48.1× earnings — above its 10-year norm (10-year range 10.1×–37.8×, median 22.3×).

10.1× 48.1×

Shaded band = 10-year range (10.1×–37.8×); dot = today's 48.1×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Gross margin12.3%16.2%15.5%5.8%2.3%10.9%18.3%16.4%10.7%9.5%
Operating margin5.0%9.4%4.9%-5.1%-7.2%1.8%9.0%7.0%-0.2%-13.0%
Net margin2.4%4.1%-0.8%-10.1%-9.1%3.0%7.7%3.9%5.2%-16.7%
Return on assets1.2%2.1%-0.4%-3.7%-2.6%0.9%2.2%1.2%1.3%-3.6%
Return on equity2.0%3.7%-0.7%-5.8%-3.7%1.3%3.4%1.8%1.9%-6.4%
Debt / equity0.19×0.21×0.24×0.17×0.19×0.20×0.24×0.27×0.32×0.49×
Current ratio2.752.331.561.551.901.881.542.351.702.80

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.