Helix Energy Solutions Group Inc
Rank #460HypergrowthHLX · NYSE · Energy
Helix Energy Solutions Group Inc (HLX) — Rank #460 by gross profitability (GP/assets 0.06) · ROE 1.9% · Piotroski F-Score 8 / 9.
As-of 2026-09-15 · CIK 0000866829 · all metrics point-in-time as of the filing date.
About
Hornbeck Offshore Services, Inc. provides marine transportation services to exploration and production, oilfield service, offshore construction, and military customers.
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It operates offshore supply vessels, multi-purpose support vessels, and a shore-based facility to provide logistics support and speciality services to the offshore oil and gas exploration and production industry. Its fleet of U.S.-flagged OSVs and MPSVs support deep-well, deep-water, and ultra-deep-water activities of the offshore oil and gas industry, such as oil and gas exploration, field development, production, construction, installation, well-stimulation, and other enhanced oil recovery activities, as well as inspection, repair, and maintenance services. The company also provides vessel management services, including crewing, daily operational management, and maintenance activities for other vessel owners. It serves oilfield end-markets including oilfield services, oilfield specialty, oilfield drilling; non-oilfield end-markets including military support services, renewable energy, and other non-oilfield services such as HADR and aerospace support services. Hornbeck Offshore Services, Inc. was formerly known as Hornbeck-Leevac Marine Services, Inc. and changed its name to Hornbeck Offshore Services, Inc. in May 2002.
The company was incorporated in 1997 and is based in Covington, Louisiana.
- Industry
- Oil & Gas Equipment & Services
- Sector
- Energy
- State
- DE
- Filer Category
- Large accelerated filer
- Fiscal Year End
- December 31
- Website
- hornbeckoffshore.com
Price History
Company Snapshot
P/S is the primary valuation lens — earnings are reinvested, not available for P/E.
Market Cap
$1.56B
P/E (annual)
50.5
P/S (annual)
1.2
P/B
1.0
P/OCF (annual)
11.4
Shareholder Yield
-42.1%
Employees
2,212
Industry
Oil & Gas Equipment & Services
Exchange
NYSE
Signal Flags
Quality Profile
Profitability
1/1 passSafety
1/1 passCash Flow
3/3 passGrowth
1/2 passTerry Smith quality gate
Passes 1/5 Terry Smith thresholds1 of 5 threshold not computable from filed data.
What Growth Is Priced In
Implied revenue growth (10Y)
1.9%
The annual FCF growth rate today's price requires over a 10-year horizon (discount rate 10%, terminal growth 2.5%).
Dilution drag: 42.1% — per-share value needs a total required return of 44.0% once share-count change is priced in.
vs. own 6-year median revenue growth: -7.2%
Cost-of-equity sensitivity (implied growth at different discount rates)
r = 8%
-2.1%
r = 10% (base)
1.9%
r = 12%
5.3%
Net debt / market cap: -22.1%
Valuation History
Current multiple vs historical range at each filing date. Band spans 25th-75th percentile.
P / E
Price / diluted EPS
P / S
Price / revenue per share
P / B
Price / book value per share
P / GP
Price / gross profit per share
P / FCF
Price / free cash flow per share
Disclosure regression check
2 previously-disclosed line items are no longer reported. Worth checking the filing for why.
Revenue growth and the path to profitability (margin trend) are the primary reads at this stage.
Profitability
Gross profitability (GP / assets)
0.06
Primary signal (Novy-Marx).
6th of 6 SIC 13 peers
Return on equity
1.9%
Gross margin
12.3%
6th of 6 SIC 13 peers
Revenue growth (YoY)
52.6%
Gross margin improving
Margin trend vs prior year.
Operating Leverage
| 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|
| Revenue vs COGS | ||||
| Revenue vs OpEx | ||||
| Op. Income vs Revenue |
Anti-fragile safety
Balance-sheet safety
Composite anti-fragile check.
Debt / equity
0.62
3rd of 6 SIC 13 peers (best = lowest)
Current ratio
3.47×
1st of 6 SIC 13 peers
Quick ratio
3.16×
Net cash
$347.93M
Cash & equivalents minus total debt.
Cash-flow health
Free cash flow
$120.41M
Operating cash flow minus capex.
Positive free cash flow
FCF / net income
2.91
Cash-backing of earnings.
FCF/NI divergence
Unfavorable divergence (yellow flag).
Accruals healthy
Cash-backed earnings.
SBC / revenue
0.5%
Stock-based comp intensity.
Piotroski F-Score
F-Score
8 / 9
Fundamental-strength score (0-9).
Lifecycle Phase History
Lynch sell alert: Fast grower deceleration
Revenue growth decelerated to 3.6% after being classified hypergrowth as of 2012-12-31 -- Lynch's fast-grower rule: sell once growth slows below the pace that justified the label, not on price weakness.