HLX (Helix Energy Solutions Group) ROCE %: -1.45% (As of Mar. 2026)

What is Helix Energy Solutions Group ROCE %?

Helix Energy Solutions Group HLX +0.58% 81 ROCE % is -1.45% as of Mar. 2026. GuruFocus rates HLX with a GF Score™ of 81/100 and a GF Value™ of $9.79 (Modestly Undervalued). The stock has 3 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Helix Energy Solutions Group's annualized ROCE % for the quarter that ended in Mar. 2026 was -1.45%.

Helix Energy Solutions Group (NYSE:HLX) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Helix Energy Solutions Group ROCE % Related Terms

Helix Energy Solutions Group ROCE % Historical Data

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The historical data trend for Helix Energy Solutions Group's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Helix Energy Solutions Group ROCE % Chart

Helix Energy Solutions Group Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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-2.21

-2.66

1.38

5.27

3.27

Helix Energy Solutions Group Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
ROCE %	Get a 7-Day Free Trial															2.04	-0.06	8.53	2.51	-1.45

81GF Score

Helix Energy Solutions Group Inc HLX

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Helix Energy Solutions Group ROCE % Calculation

Helix Energy Solutions Group's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	75.453	/	( ( (2597.08 - 304.416)	+	(2615.904 - 299.678) )	/ 2 )
	=	75.453	/	( (2292.664	+	2316.226)	/ 2 )
	=	75.453	/	2304.445
	=	3.27 %

Helix Energy Solutions Group's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2026 )		(Q: Dec. 2025 )		(Q: Mar. 2026 )
	=	-33.432	/	( ( (2615.904 - 299.678)	+	(2568.089 - 281.055) )	/ 2 )
	=	-33.432	/	( ( 2316.226	+	2287.034 )	/ 2 )
	=	-33.432	/	2301.63
	=	-1.45 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of -1.45% mean?

Helix Energy Solutions Group (HLX) has a ROCE % of -1.45% as of Mar. 2026.

Is Helix Energy Solutions Group's ROCE % too high?

Helix Energy Solutions Group's current ROCE % is -1.45%. Overall, Helix Energy Solutions Group has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Helix Energy Solutions Group's ROCE % compare to WBI and RES?

Helix Energy Solutions Group's ROCE % of -1.45% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.

What is a good ROCE % for an Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.79, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.

What does a high ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helix Energy Solutions Group's current ROCE % is -1.45%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Helix Energy Solutions Group stock overvalued right now?

Based on GuruFocus' analysis, Helix Energy Solutions Group (HLX) is currently considered Modestly Undervalued. The stock's GF Value™ is $9.79, compared to a current price of $8.62 — trading 12% below its estimated fair value. The current ROCE % is -1.45%. Helix Energy Solutions Group's overall GF Score™ is 81/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.

How is ROCE % calculated?

ROCE % is calculated from a company's financial statements. For Helix Energy Solutions Group (HLX), the current ROCE % is -1.45% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Helix Energy Solutions Group (HLX) Overvalued in 2026?

Based on GuruFocus' analysis, Helix Energy Solutions Group stock appears to be undervalued. The current stock price of $8.62 is trading 12% below its estimated GF Value™ of $9.79. GuruFocus considers Helix Energy Solutions Group to be Modestly Undervalued.

Key valuation signals for HLX:

ROCE %: -1.45%
GF Value™: $9.79 vs. price of $8.62 (12% below fair value)
GF Score™: 81/100 with 3 warning signs

No single metric tells the full story. See the HLX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Helix Energy Solutions Group Business Description

Industry Energy Oil & Gas

Comparable Companies WBI RES VTOL ACDC XPRO FLOC HMH INVX PUMP LB SLB BKR HAL MIL:TEN FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT SHSE:601808

Other Exchanges CTV:Germany

Address 3505 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77043

Website https://www.helixesg.com

Helix Energy Solutions Group Inc is an offshore energy services company. It provides specialty services to the offshore energy industry, with an emphasis on well intervention and robotics operations. Helix provides services in deep water in the Gulf of Mexico, Brazil, the North Sea, Asia Pacific and West Africa regions. It has four segments: Well Intervention, Robotics, Shallow Water Abandonment and Production Facilities. The Well Intervention segment includes vessels and equipment used to perform well intervention services in the Gulf of Mexico, the North Sea and Brazil. It derives the majority of its revenue from the U.S., and it also has its presence in North Sea, Brazil, Asia Pacific, West Africa, and Other.

81GF Score

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$8.62

Price

$9.79

GF Value

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