# Helix Energy Solutions Group, Inc. (HLX)

**Exchange:** NYSE  
**Sector:** Energy  
**Market cap:** $1.45B  
**Price:** $9.77 (+1.45%)

> Helix Energy Solutions Group, Inc. is an international company specializing in offshore energy services, with a focus on well intervention and subsea construction. The company's primary function is to provide strategic support and sophisticated technological solutions to optimize the lifecycle of an oil or gas well, including decommissioning services necessary for plugging and abandonment. Its services are critical to the oil and gas industry, particularly in high-demand offshore energy hubs such as the Gulf of Mexico, the North Sea, Asia Pacific, and West Africa. Helix Energy Solutions plays a pivotal role in ensuring efficiency and safety in subsea operations, offering innovative technologies that enhance production and operational performance. The company's influence extends across several vital sectors, including the exploration, development, and maintenance of offshore hydrocarbon reserves. Helix's expertise and solutions are key to supporting sustainable energy extraction and infrastructure integrity, making it an essential player in the global energy service market.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.29B | $159M | $65M | $31M | — |
| 2024 | $1.36B | $220M | $127M | $56M | — |
| 2023 | $1.29B | $200M | $64M | -$11M | — |
| 2022 | $873M | $51M | -$45M | -$88M | — |
| 2021 | $675M | $15M | -$49M | -$62M | — |
| 2020 | $734M | $80M | $13M | $22M | — |
| 2019 | $752M | $138M | $68M | $58M | — |
| 2018 | $740M | $122M | $52M | $29M | — |
| 2017 | $581M | $62M | -$1M | $30M | — |
| 2016 | $488M | $47M | -$63M | -$81M | — |
| 2015 | $696M | -$234M | -$307M | -$377M | — |
| 2014 | $1.11B | $344M | $262M | — | — |
| 2013 | $877M | $261M | $179M | — | — |
| 2012 | $846M | $50M | -$68M | -$46M | — |
| 2011 | $1.40B | $150M | $63M | $130M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $2.62B | $1.04B | $1.58B | $445M | $308M |
| 2024 | $2.60B | $1.08B | $1.52B | $368M | $315M |
| 2023 | $2.56B | $1.06B | $1.50B | $332M | $362M |
| 2022 | $2.39B | $873M | $1.52B | $187M | $264M |
| 2021 | $2.33B | $679M | $1.65B | $254M | $305M |
| 2020 | $2.50B | $754M | $1.74B | $291M | $350M |
| 2019 | $2.60B | $894M | $1.70B | $208M | $406M |
| 2018 | $2.35B | $730M | $1.62B | $279M | $440M |
| 2017 | $2.36B | $795M | $1.57B | $267M | $496M |
| 2016 | $2.25B | $965M | $1.28B | $357M | $626M |
| 2015 | $2.40B | $1.12B | $1.28B | $494M | $749M |
| 2014 | $2.70B | $1.05B | $1.65B | $476M | $551M |
| 2013 | $2.54B | $1.02B | $1.50B | $478M | $566M |
| 2012 | $3.39B | $1.97B | $1.39B | $437M | $1.02B |
| 2011 | $3.58B | $2.13B | $1.42B | $546M | $1.16B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $137M | — | — |
| 2024 | $186M | — | — |
| 2023 | $152M | — | — |
| 2022 | $51M | — | — |
| 2021 | $140M | — | — |
| 2020 | $99M | — | — |
| 2019 | $170M | — | — |
| 2018 | $197M | — | — |
| 2017 | $52M | — | — |
| 2016 | $39M | — | — |
| 2015 | $111M | — | — |
| 2014 | $359M | — | — |
| 2013 | $74M | — | — |
| 2012 | $452M | — | — |
| 2011 | $567M | — | — |

Source: [CompaniesByCap](https://companiesbycap.com/company/HLX)