Helix Energy Solutions Group Inc (HLX)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	55,637	7,183	-6,771	-31,960	-10,838	20,204	-14,119	-50,918	-87,784	-116,401	-116,681	-100,691	-61,538	-31,607	11,627	30,680	21,620	25,497	32,715	44,066
Total stockholders’ equity	US$ in thousands	1,586,740	1,570,570	1,496,790	1,466,820	1,501,000	1,530,520	1,531,930	1,515,720	1,516,710	1,481,850	1,531,790	1,592,750	1,647,470	1,669,660	1,700,060	1,707,460	1,740,500	1,705,490	1,654,700	1,649,060
ROE		3.51%	0.46%	-0.45%	-2.18%	-0.72%	1.32%	-0.92%	-3.36%	-5.79%	-7.86%	-7.62%	-6.32%	-3.74%	-1.89%	0.68%	1.80%	1.24%	1.49%	1.98%	2.67%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $55,637K ÷ $1,586,740K
= 3.51%

The return on equity (ROE) of Helix Energy Solutions Group Inc has shown a declining trend over the past few years based on the provided data. Starting from March 31, 2020, with an ROE of 2.67%, the company's ROE gradually decreased to reach a negative ROE of -7.86% on September 30, 2022. This negative trend continued until December 31, 2024, with an ROE of 3.51%, showing signs of improvement.

The decreasing ROE indicates that the company's profitability in generating returns from its shareholder's equity has been deteriorating. An ROE below zero implies that the company is not effectively utilizing shareholders' equity to generate profits, resulting in an inefficient use of capital.

It is important for the company to address the factors contributing to the declining ROE, such as inefficient cost management, declining revenue, or ineffective asset utilization, in order to improve its financial performance and enhance shareholder value in the future.