Helix Energy Solutions Group Inc (HLX)
Return on equity (ROE)
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 55,637 | -10,838 | -87,784 | -61,684 | 22,174 |
| Total stockholders’ equity | US$ in thousands | 1,519,760 | 1,501,000 | 1,516,710 | 1,647,470 | 1,740,500 |
| ROE | 3.66% | -0.72% | -5.79% | -3.74% | 1.27% |
December 31, 2024 calculation
ROE = Net income ÷ Total stockholders’ equity
= $55,637K ÷ $1,519,760K
= 3.66%
Based on the provided data, Helix Energy Solutions Group Inc's return on equity (ROE) has been fluctuating over the years. In December 2020, the company had an ROE of 1.27%, indicating a relatively low return on equity compared to the shareholders' investments.
However, the ROE decreased significantly in the subsequent years. By December 2021, the ROE had turned negative at -3.74%, implying that the company was not generating sufficient profits relative to its equity base.
The negative trend in ROE continued in the following years, with the ratios dropping to -5.79% by December 2022 and -0.72% by December 2023. These figures suggest that Helix Energy Solutions Group Inc was facing challenges in generating profits and maximizing shareholder value during these periods.
Nevertheless, there was a positive turnaround by December 2024, with the ROE improving to 3.66%. This indicates that the company managed to enhance its profitability and efficiency in generating returns for shareholders, potentially through improved operational performance or strategic changes.
Overall, the fluctuating trend in Helix Energy Solutions Group Inc's ROE reflects the company's varying performance in utilizing equity capital to generate profits for shareholders over the years. It is essential for investors and stakeholders to closely monitor these ratios to assess the company's financial health and sustainability in the long term.
Peer comparison
Dec 31, 2024