Helix Energy Solutions Group Inc (HLX)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	55,637	7,183	-6,771	-31,960	-10,838	20,204	-14,119	-50,918	-87,784	-116,401	-116,681	-100,691	-61,538	-31,607	11,627	30,680	21,620	25,497	32,715	44,066
Revenue (ttm)	US$ in thousands	1,358,560	1,338,584	1,391,835	1,335,855	1,289,728	1,242,387	1,119,264	973,059	873,100	753,940	662,109	661,438	674,728	665,969	678,743	715,949	733,555	744,407	763,526	766,107
Net profit margin		4.10%	0.54%	-0.49%	-2.39%	-0.84%	1.63%	-1.26%	-5.23%	-10.05%	-15.44%	-17.62%	-15.22%	-9.12%	-4.75%	1.71%	4.29%	2.95%	3.43%	4.28%	5.75%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $55,637K ÷ $1,358,560K
= 4.10%

The net profit margin of Helix Energy Solutions Group Inc has experienced fluctuations over the years. It started at a relatively healthy level of 5.75% in March 2020 but declined to 2.95% by December 2020. Subsequently, the net profit margin deteriorated further, reaching negative figures in the latter half of 2021 and continuing to stay negative until mid-2023.

However, there was a positive turnaround in the company's profitability from the third quarter of 2023 onwards, with the net profit margin gradually improving and entering positive territory once again. By the end of December 2024, the net profit margin had recovered to 4.10%.

Overall, the trend in Helix Energy Solutions Group Inc's net profit margin indicates a period of financial challenges followed by a recovery phase. It is essential for investors and stakeholders to monitor the company's profitability closely to assess its financial health and sustainability.