Helix Energy Solutions Group Inc (HLX)
Profitability ratios
Return on sales
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 15.53% | 14.68% | 12.61% | 8.67% | 5.80% | 1.84% | -3.37% | -2.70% | 2.28% | 5.17% | 9.74% | 12.92% | 10.89% | 12.46% | 14.83% | 16.13% | 18.33% | 16.91% | 16.50% | 16.83% |
| Operating profit margin | 4.92% | 3.46% | 1.70% | -2.07% | -5.14% | -8.83% | -13.46% | -12.26% | -7.22% | -3.15% | 1.23% | 4.68% | 1.78% | 2.40% | 4.95% | 6.10% | 9.04% | 7.96% | 6.93% | 7.13% |
| Pretax margin | 0.58% | 2.60% | -0.34% | -4.37% | -8.62% | -14.91% | -18.16% | -16.28% | -10.45% | -5.55% | 1.89% | 4.71% | 0.47% | 1.48% | 2.17% | 4.06% | 8.75% | 5.95% | 4.97% | 4.73% |
| 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% |
Helix Energy Solutions Group Inc's profitability ratios show fluctuations over the quarters analyzed.
1. Gross Profit Margin: The company's gross profit margin has been gradually increasing from 5.80% in Q4 2022 to 15.53% in Q4 2023, indicating improvements in managing production costs and optimizing revenue generation.
2. Operating Profit Margin: The operating profit margin has been on an upward trend, increasing from -8.38% in Q3 2022 to 8.21% in Q4 2023. This suggests that the company has been more efficient in controlling its operating expenses and generating profits from core operations.
3. Pretax Margin: The pretax margin has shown mixed results, with fluctuations throughout the quarters. Although it improved from -18.16% in Q2 2022 to 2.60% in Q3 2023, it decreased to 0.58% in Q4 2023. This indicates varying levels of profitability before accounting for taxes.
4. Net Profit Margin: The net profit margin, reflecting the company's bottom line profitability, has also been inconsistent. While it improved from -17.62% in Q2 2022 to 1.62% in Q3 2023, it declined to -0.84% in Q4 2023. Negative net profit margins in some quarters suggest challenges in generating profits after all expenses.
Overall, Helix Energy Solutions Group Inc has shown improvements in gross profit margin and operating profit margin, indicating better cost management and operational efficiency. However, the fluctuations in pretax and net profit margins imply ongoing challenges in sustaining consistent bottom-line profitability.
Return on investment
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 2.48% | 1.77% | 0.78% | -0.85% | -1.88% | -2.83% | -4.03% | -3.52% | -2.09% | -0.89% | 0.35% | 1.38% | 0.52% | 0.71% | 1.52% | 1.86% | 2.62% | 2.25% | 1.96% | 2.03% |
| Return on assets (ROA) | -0.42% | 0.83% | -0.58% | -2.15% | -3.67% | -4.94% | -5.27% | -4.36% | -2.65% | -1.34% | 0.50% | 1.29% | 0.89% | 1.04% | 1.34% | 1.78% | 2.23% | 1.38% | 1.20% | 1.25% |
| Return on total capital | 1.59% | 2.96% | 0.90% | -1.31% | -3.16% | -5.38% | -5.50% | -4.59% | -2.46% | -0.56% | 2.08% | 3.14% | 1.70% | 2.07% | 2.37% | 3.16% | 4.83% | 3.82% | 3.53% | 3.35% |
| Return on equity (ROE) | -0.72% | 1.32% | -0.92% | -3.36% | -5.79% | -7.86% | -7.62% | -6.32% | -3.74% | -1.88% | 0.71% | 1.83% | 1.27% | 1.53% | 2.01% | 2.71% | 3.41% | 2.15% | 1.91% | 1.99% |
Helix Energy Solutions Group Inc's profitability ratios show fluctuating performance over the referenced quarters.
- Operating return on assets (Operating ROA) ranged from 0.45% in Q1 2023 to 4.14% in Q4 2023, indicating an improvement in the company's ability to generate operating profit from its assets over time, with a slight dip in Q2 2023.
- Return on assets (ROA) fluctuated from -2.15% in Q1 2023 to 0.83% in Q3 2023, with negative returns in Q1 and Q4 2022. The positive ROA in Q3 2023 suggests a brief improvement in the company's ability to generate profits from its total assets during that period.
- Return on total capital ranged from 0.91% in Q1 2023 to 5.81% in Q4 2023, with negative returns in Q1 and Q4 2022. Like the operating ROA, there was an upward trend in this ratio over the quarters, indicating a positive return on capital employed in the business.
- Return on equity (ROE) saw a similar pattern of fluctuation, with the ratio ranging from -3.36% in Q1 2023 to 1.32% in Q3 2023, continuing to be negative overall. The positive ROE in Q3 2023 signifies a brief improvement in the company's ability to generate profit for its shareholders from the equity invested.
Overall, while there are improvements in certain profitability ratios over time, Helix Energy Solutions Group Inc continues to face challenges in consistently generating profits from its assets, total capital, and equity throughout the quarters assessed.