Helix Energy Solutions Group Inc (HLX)

Operating return on assets (Operating ROA)

		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
Total assets	US$ in thousands	2,597,080	2,661,150	2,596,940	2,613,810	2,579,220	2,434,750	2,423,840	2,369,330	2,389,340	2,355,500	2,213,650	2,307,370	2,326,030	2,347,300	2,417,710	2,421,750	2,498,280	2,505,470	2,484,670	2,514,150
Operating ROA		4.91%	4.62%	4.41%	3.12%	2.89%	1.29%	0.30%	-1.35%	-2.37%	-2.83%	-4.03%	-3.52%	-2.09%	-0.89%	0.35%	1.38%	0.52%	0.71%	1.52%	1.86%

December 31, 2024 calculation

Operating ROA = Operating income (ttm) ÷ Total assets
= $127,585K ÷ $2,597,080K
= 4.91%

The operating return on assets (operating ROA) for Helix Energy Solutions Group Inc exhibits fluctuations over the timeframe from March 31, 2020, to December 31, 2024. Starting at 1.86% in March 2020, the operating ROA experiences a downward trend, reaching its lowest point at -4.03% in June 2022. However, from thereon, the operating ROA shows a steady improvement, with positive growth rates recorded in each subsequent period. By December 31, 2024, the operating ROA has rebounded significantly to 4.91%, indicating an enhanced ability of the company to generate operating profits relative to its assets. This rebound suggests that Helix Energy Solutions Group Inc may have implemented strategies to improve operational efficiency and asset utilization, thereby enhancing its overall financial performance.