HLX
Helix Energy Solutions Group
PE ratio, current and historical analysis
As of Jun 22, 2026, the Helix Energy Solutions Group stock's P/E ratio is 88.5. This results from the current EPS of $0.1 and stock price of $8.85. The PE ratio has increased by 108% from the past four quarters average of 42.6.
HLX PE ratio history
The PE ratio of Helix Energy Solutions Group has averaged 43.12 over the last nine years. The current price-to-earnings ratio of 88.5 is 105% more than the historical average. In the past nine years, HLX's PE ratio reached its highest point in the Sep 2024 quarter at 277.5, when the stock price was $11.1 and the EPS was $0.04. The lowest point was recorded in the Mar 2020 quarter, when it reached 5.66 with a price of $1.64 and an EPS of $0.29.
Helix Energy Solutions Group PE ratio by year
Maximum annual increase: 30.86% in 2020
Maximum annual decrease: -47.38% in 2014
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| 2025 | 29.86 | 18.54% | $6.27 | $0.21 |
| 2024 | 25.19 | N/A | $9.32 | $0.37 |
| 2023 | N/A | N/A | $10.28 | -$0.07 |
| 2022 | N/A | N/A | $7.38 | -$0.58 |
| 2021 | N/A | N/A | $3.12 | -$0.41 |
| 2020 | 32.31 | 30.86% | $4.2 | $0.13 |
| 2019 | 24.69 | -13.28% | $9.63 | $0.39 |
| 2018 | 28.47 | -24.48% | $5.41 | $0.19 |
| 2017 | 37.7 | N/A | $7.54 | $0.2 |
| 2016 | N/A | N/A | $8.82 | -$0.73 |
| 2015 | N/A | N/A | $5.26 | -$3.58 |
| 2014 | 11.73 | -47.38% | $21.7 | $1.85 |
| 2013 | 22.29 | N/A | $23.18 | $1.04 |
| 2012 | N/A | N/A | $20.64 | -$0.44 |
| 2011 | 12.85 | N/A | $15.8 | $1.23 |
Helix Energy Solutions Group PE ratio by quarter (TTM)
| Year | PE ratio | PE change | Price | EPS |
|---|---|---|---|---|
| Mar 2026 | 98.9 | 231.21% | $9.89 | $0.1 |
| Dec 2025 | 29.86 | 32.01% | $6.27 | $0.21 |
| Sep 2025 | 22.62 | 19.62% | $6.56 | $0.29 |
| Jun 2025 | 18.91 | 27.43% | $6.24 | $0.33 |
| Mar 2025 | 14.84 | -41.09% | $8.31 | $0.56 |
| Dec 2024 | 25.19 | -90.92% | $9.32 | $0.37 |
| Sep 2024 | 277.5 | N/A | $11.1 | $0.04 |
| Jun 2024 | N/A | N/A | $11.94 | -$0.05 |
| Mar 2024 | N/A | N/A | $10.84 | -$0.21 |
| Dec 2023 | N/A | N/A | $10.28 | -$0.07 |
| Sep 2023 | 79.79 | N/A | $11.17 | $0.14 |
| Jun 2023 | N/A | N/A | $7.38 | -$0.08 |
| Mar 2023 | N/A | N/A | $7.74 | -$0.33 |
| Dec 2022 | N/A | N/A | $7.38 | -$0.58 |
| Sep 2022 | N/A | N/A | $3.86 | -$0.77 |
HLX Price vs fair value
HLX average PE ratio chart
What this chart measures
The Historical Valuation Regime chart shows where the stock's current valuation sits relative to its own historical valuation range over the selected lookback period.
This is a history-relative tool, not a market-relative percentile. It does not compare the stock to other companies. Instead, it compares each historical valuation reading to the stock's own past readings.
Percentile logic
The threshold lines are calculated them from the stock's real historical values using percentile interpolation. That is why some colored bands are narrow while others are wide: the band widths reflect how the stock actually traded through time.
Regime map
| Historical percentile | Regime | Chart meaning |
|---|---|---|
| 0-10 | Historically Low | Deep cheap zone |
| >10-25 | Below Average | Cheap relative to history |
| >25-75 | Average | Within the normal historical range |
| >75-90 | Above Average | Expensive relative to history |
| >90-100 | Historically High | Extreme or stretched valuation |
How to read each part
| Chart element | What it tells you |
|---|---|
| Main line | The actual historical valuation values over time for the selected metric. |
| Dashed horizontal lines | The stock's computed P10, P25, Median, P75, and P90 thresholds for the selected period. |
| Colored bands | The historical valuation zones between those thresholds. |
| Metric boxes | Current ratio, historical median, current percentile, and current regime. |
| Timeline strip | A condensed regime history showing how the stock moved between cheap, fair, and expensive states across each observation. |
Important metric definitions
Current Percentile is the percentile rank of the latest valid historical observation within the selected lookback range.
Current Regime is assigned directly from the latest observation's percentile bucket using the fixed 10 / 25 / 75 / 90 cutoffs shown above.
How to use it well
This chart is most useful for answering a narrow question: Is this stock trading high, low, or normal relative to its own history? It works best alongside growth, profitability, and forward-looking business analysis, because a stock can deserve a higher or lower regime if its business quality has changed.
HLX's current P/E ratio is above the 3, 5 and 10-year averages.
PE comparison
With a P/E of 88.5, HLX stands above the Energy sector and the industry average. Looking at its Energy sector average of 16.89, Helix Energy Solutions Group's P/E is 424% higher.
HLX PE vs peers
HLX's PE ratio is less than its peer stock TTI, but it is above EPD's and HAL's.
| Stock name | PE ratio | Market cap |
|---|---|---|
| OII Oceaneering International Inc | 10.7 | $3.62B |
| EPD Enterprise Products Partners Lp | 13.75 | $80.3B |
| HAL Halliburton Co | 19.38 | $29.31B |
| HLX Helix Energy Solutions Group Inc | 88.25 | $1.3B |
| TTI Tetra Technologies Inc | 253 | $1.37B |
Frequently asked questions
What is Helix Energy Solutions Group's PE ratio?
The price to earnings ratio for HLX stock is 88.5 as of Jun 22, 2026.
What is the 3-year average PE ratio for Helix Energy Solutions Group (HLX)?
The 3-year average PE ratio for HLX stock is 70.95.
What is the 5-year average PE ratio for Helix Energy Solutions Group (HLX)?
The 5-year average PE ratio for HLX stock is 71.0.
What is the highest PE ratio for HLX?
The highest quarterly PE ratio in the last nine years has been 277.5 and it was in the Sep 2024 quarter.
How does the current PE ratio for HLX compare to its historical average?
HLX's price to earnings ratio is currently 105% above its 9-year historical average.
Why is Helix Energy Solutions Group's PE ratio so high?
A company with a higher PE ratio may indicate that the market has higher growth expectations for the company's future earnings or profitability.
How is HLX's PE ratio calculated (Helix Energy Solutions Group PE ratio formula)?
The P/E ratio is calculated by taking the latest stock price and dividing it by the earnings per share(EPS) for the last 12 months. As of today (Jun 22, 2026), Helix Energy Solutions Group's stock price is $8.85. The earnings per share for the trailing twelve months (TTM) ending Mar 2026 is $0.1. Therefore, Helix Energy Solutions Group's price to earnings ratio for today is 88.5. PE RATIO(88.5) = STOCK PRICE($8.85) / TTM EPS($0.1)
All PE ratio stats are based on quarterly TTM periods, unless otherwise specified.