Helix Energy Solutions Group Inc (HLX)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	-10,838	20,204	-14,119	-50,918	-87,784	-116,401	-116,681	-100,691	-61,538	-31,467	12,075	31,234	22,174	26,063	33,259	44,663	57,919	36,120	31,546	32,476
Revenue (ttm)	US$ in thousands	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	751,909	739,516	739,482	742,379
Net profit margin		-0.84%	1.63%	-1.26%	-5.23%	-10.05%	-15.44%	-17.62%	-15.22%	-9.12%	-4.72%	1.78%	4.36%	3.02%	3.50%	4.36%	5.83%	7.70%	4.88%	4.27%	4.37%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-10,838K ÷ $1,289,728K
= -0.84%

The net profit margin of Helix Energy Solutions Group Inc has shown variability over the past eight quarters, ranging from negative figures to positive figures. In Q4 2023, the net profit margin was -0.84%, indicating that the company generated a small loss relative to its revenue. This was an improvement compared to the previous quarter, Q3 2023, where the net profit margin was 1.62%.

Looking further back, in Q2 and Q1 of 2023, the net profit margin was -1.26% and -5.23% respectively, both indicating losses for the company. The trend of negative net profit margins continued into 2022, with figures of -10.05%, -15.44%, -17.62%, and -15.22% for Q4 2022, Q3 2022, Q2 2022, and Q1 2022, respectively.

Overall, the company has struggled to maintain positive net profit margins consistently, with frequent periods of losses. This indicates potential challenges in controlling costs and generating sufficient profits relative to its revenue. Further analysis of the company's cost structure and revenue streams may be warranted to improve its financial performance.