Helix Energy Solutions Group Inc (HLX)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 16.16% | 15.53% | 5.80% | 2.28% | 10.89% |
| Operating profit margin | 9.38% | 8.21% | -2.99% | -7.12% | -14.62% |
| Pretax margin | 6.04% | 0.58% | -8.61% | -10.47% | 0.19% |
| Net profit margin | 4.10% | -0.84% | -10.05% | -9.14% | 3.02% |
The profitability ratios of Helix Energy Solutions Group Inc have shown fluctuating trends over the past five years.
1. Gross Profit Margin:
- The gross profit margin has varied significantly, starting at 10.89% in December 31, 2020, dropping to 2.28% in December 31, 2021, and gradually improving to 16.16% by December 31, 2024. The increasing trend from 2022 to 2024 indicates a positive shift in the company's ability to generate profits after accounting for the cost of goods sold.
2. Operating Profit Margin:
- The operating profit margin has also undergone fluctuations, with negative margins in 2020 and 2021, but turning positive in the subsequent years. It increased from -7.12% in 2021 to 9.38% in 2024. This demonstrates an improvement in the company's ability to control operating expenses and generate operating profits.
3. Pretax Margin:
- The pretax margin was negative in 2021 and 2022 but turned positive in 2023 and 2024. The margin increased from -10.47% in 2021 to 6.04% in 2024, indicating a significant recovery in the company's profitability before taxes.
4. Net Profit Margin:
- The net profit margin was negative in 2021 and 2022 but improved to positive values in 2023 and 2024. The margin increased from -9.14% in 2021 to 4.10% in 2024, indicating a steady recovery in the company's bottom-line profitability after accounting for all expenses.
Overall, the improving trends in the profitability margins of Helix Energy Solutions Group Inc from 2022 to 2024 suggest enhanced operational efficiency and better financial performance over the years.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 4.91% | 4.14% | -1.09% | -2.07% | -4.29% |
| Return on assets (ROA) | 2.14% | -0.42% | -3.67% | -2.65% | 0.89% |
| Return on total capital | 7.63% | 1.92% | -3.63% | -2.86% | 1.77% |
| Return on equity (ROE) | 3.66% | -0.72% | -5.79% | -3.74% | 1.27% |
Based on the provided data, Helix Energy Solutions Group Inc's profitability ratios exhibit fluctuating trends over the years examined.
1. Operating Return on Assets (Operating ROA):
- The Operating ROA improved from -4.29% in December 2020 to 4.91% in December 2024, indicating a positive shift in the company's ability to generate profits from its operational assets.
2. Return on Assets (ROA):
- The ROA shows inconsistency, starting at 0.89% in December 2020, dropping to -3.67% in December 2022, and recovering to 2.14% by December 2024. This suggests volatility in the company's profitability relative to its total assets.
3. Return on Total Capital:
- The Return on Total Capital portrays a similar pattern, declining from 1.77% in December 2020 to -3.63% in December 2022, then significantly rising to 7.63% by December 2024, reflecting variations in the company's efficiency in generating returns from all forms of capital employed.
4. Return on Equity (ROE):
- The ROE also demonstrates variability, deteriorating from 1.27% in December 2020 to -5.79% in December 2022, before recovering to 3.66% by December 2024. This trend indicates fluctuations in the company's ability to generate returns for its shareholders.
In summary, Helix Energy Solutions Group Inc's profitability ratios have shown mixed performance over the years, with improvements noted in certain ratios despite volatility in others. Further analysis may be required to understand the underlying factors influencing these fluctuations and to assess the overall financial health of the company.