HLX (Helix Energy Solutions Group) ROE %: -3.42% (As of Mar. 2026)


HLX Helix Energy Solutions Group Inc HLX
81 GF Score
Price $8.78
GF Value $9.79
Valuation Modestly Undervalued
! 3 Warning Signs
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What is Helix Energy Solutions Group ROE %?

Helix Energy Solutions Group HLX +0.40% 81 ROE % is -3.42% 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. Among 957 Oil & Gas companies, Helix Energy Solutions Group ranks worse than 63.85% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Helix Energy Solutions Group's annualized net income for the quarter that ended in Mar. 2026 was $-54 Mil. Helix Energy Solutions Group's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $1,568 Mil. Therefore, Helix Energy Solutions Group's annualized ROE % for the quarter that ended in Mar. 2026 was -3.42%.

The historical rank and industry rank for Helix Energy Solutions Group's ROE % or its related term are showing as below:

HLX' s ROE % Range Over the Past 10 Years
Min: -6.36   Med: 1.55   Max: 3.68
Current: 0.92

During the past 13 years, Helix Energy Solutions Group's highest ROE % was 3.68%. The lowest was -6.36%. And the median was 1.55%.

HLX's ROE % is ranked worse than
63.85% of 957 companies
in the Oil & Gas industry
Industry Median: 5.71 vs HLX: 0.92

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

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-53.624/1568.384
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-53.624 / 1151.784)*(1151.784 / 2591.9965)*(2591.9965 / 1568.384)
=Net Margin %*Asset Turnover*Equity Multiplier
=-4.66 %*0.4444*1.6527
=ROA %*Equity Multiplier
=-2.07 %*1.6527
=-3.42 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-53.624/1568.384
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-53.624 / -66.232) * (-66.232 / -53.26) * (-53.26 / 1151.784) * (1151.784 / 2591.9965) * (2591.9965 / 1568.384)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8096 * 1.2436 * -4.62 % * 0.4444 * 1.6527
=-3.42 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Helix Energy Solutions Group ROE % Related Terms


Helix Energy Solutions Group ROE % Historical Data

* Premium members only.

The historical data trend for Helix Energy Solutions Group's ROE % 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 ROE % Chart

Helix Energy Solutions Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.63 -5.55 -0.72 3.68 1.99

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
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.80 -0.67 5.62 2.10 -3.42

HLX vs WBI, RES, VTOL: ROE % Comparison

For the Oil & Gas Equipment & Services subindustry, Helix Energy Solutions Group's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Helix Energy Solutions Group ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Helix Energy Solutions Group's ROE % distribution charts can be found below:

* The bar in red indicates where Helix Energy Solutions Group's ROE % falls into.


HLX
81GF Score
Helix Energy Solutions Group Inc HLX
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Helix Energy Solutions Group ROE % Calculation

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

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=30.827/( (1519.765+1579.912)/ 2 )
=30.827/1549.8385
=1.99 %

Helix Energy Solutions Group's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-53.624/( (1579.912+1556.856)/ 2 )
=-53.624/1568.384
=-3.42 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -3.42% mean?
Helix Energy Solutions Group (HLX) has a ROE % of -3.42% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Helix Energy Solutions Group and its competitors. According to the industry distribution chart, Helix Energy Solutions Group ranks #611 out of 957 companies in the Oil & Gas industry, placing it in the top 63.8%.
Is Helix Energy Solutions Group's ROE % too high?
Helix Energy Solutions Group's current ROE % is -3.42%. Based on the distribution chart, Helix Energy Solutions Group ranks #611 out of 957 companies in the Oil & Gas industry, which is below the industry midpoint. 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 ROE % compare to WBI and RES?
According to the Oil & Gas industry distribution chart, Helix Energy Solutions Group ranks #611 out of 957 companies for ROE %. This places Helix Energy Solutions Group in the lower half of its industry. The industry median ROE % is 5.71. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.71, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Helix Energy Solutions Group and its competitors. For the Oil & Gas industry, the median ROE % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Helix Energy Solutions Group's current ROE % is -3.42%. 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 $8.78 — trading 10.4% below its estimated fair value. The current ROE % is -3.42%. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Helix Energy Solutions Group (HLX), the current ROE % is -3.42% 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 $8.78 is trading 10.4% below its estimated GF Value™ of $9.79. GuruFocus considers Helix Energy Solutions Group to be Modestly Undervalued.

Key valuation signals for HLX:

  • ROE %: -3.42%
  • GF Value™: $9.79 vs. price of $8.78 (10.4% 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 EnergyOil & Gas
Other Exchanges CTV:Germany
Address 3505 West Sam Houston Parkway North, Suite 400, Houston, TX, USA, 77043
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

Get the complete analysis for HLX

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$8.78
Price
$9.79
GF Value