$Helix Energy Solutions (HLX.US)$Revenue peaked in 2019, the...
$Helix Energy Solutions (HLX.US)$Revenue peaked in 2019, then declined slightly for two consecutive years. Operating profit also followed the decline, and entered a loss in 2021, with a net loss of 0.062 billion in 2021. The 5-year average net income is 0.015 billion. Net income continued to be in a loss of 0.09 billion in the first three quarters of 2022.
Currently with a market cap of 1.193 billion, the corresponding PE ratio based on the 5-year average net income is 80, indicating that the valuation still lacks attractiveness.
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