Helix Energy Solutions Group Inc (HLX)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 127,585 | 123,014 | 114,602 | 81,614 | 74,437 | 31,310 | 7,308 | -31,873 | -56,547 | -66,587 | -89,144 | -81,109 | -48,687 | -20,984 | 8,362 | 33,497 | 13,025 | 17,840 | 37,823 | 46,701 |
| 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 |
| Operating profit margin | 9.39% | 9.19% | 8.23% | 6.11% | 5.77% | 2.52% | 0.65% | -3.28% | -6.48% | -8.83% | -13.46% | -12.26% | -7.22% | -3.15% | 1.23% | 4.68% | 1.78% | 2.40% | 4.95% | 6.10% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $127,585K ÷ $1,358,560K
= 9.39%
The operating profit margin of Helix Energy Solutions Group Inc has exhibited fluctuating trends over the period from March 31, 2020, to December 31, 2024.
Starting at 6.10% in March 2020, the operating profit margin decreased to 1.78% by December 2020, reflecting a decline in profitability. The trend continued with further decreases in the following quarters, reaching -13.46% by June 30, 2022.
However, the company managed to reverse this negative trend, showing signs of improvement by March 31, 2023, with a positive operating profit margin of 0.65%, which continued to grow steadily to 9.39% by December 31, 2024.
Overall, the operating profit margins of Helix Energy Solutions Group Inc experienced significant volatility during the period under consideration, indicating fluctuations in profitability performance and management efficiency. The company was able to successfully recover from negative margins and progressively improve its profitability over the quarters, ending at a strong operating profit margin of 9.39% by December 31, 2024.
Peer comparison
Dec 31, 2024