Helix Energy Solutions Group Inc (HLX)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 127,435 | 105,929 | -26,137 | -48,056 | -107,234 |
| Revenue | US$ in thousands | 1,358,560 | 1,289,730 | 873,100 | 674,728 | 733,555 |
| Operating profit margin | 9.38% | 8.21% | -2.99% | -7.12% | -14.62% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $127,435K ÷ $1,358,560K
= 9.38%
Helix Energy Solutions Group Inc's operating profit margin has shown a positive trend over the years. The company experienced a significant improvement from negative margins in 2020 and 2021 to achieving positive margins in 2023 and 2024. The operating profit margin increased from -14.62% in 2020 to 9.38% in 2024, reflecting enhanced operational efficiency and profitability. This positive trend indicates that the company has been able to better control its operating expenses relative to its revenues, resulting in improved profitability over the years. Continued focus on managing costs and enhancing operational effectiveness has led to a healthier operating profit margin for Helix Energy Solutions Group Inc.
Peer comparison
Dec 31, 2024