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HELIX ENERGY SOLUTIONS GROUP INC（HLX）与NCS Multistage Holdings, Inc.（NCSM）财务数据对比。点击上方公司名可切换其他公司
HELIX ENERGY SOLUTIONS GROUP INC的季度营收约是NCS Multistage Holdings, Inc.的5.7倍（$287.9M vs $50.6M）。NCS Multistage Holdings, Inc.净利率更高（29.5% vs -4.7%，领先34.2%）。NCS Multistage Holdings, Inc.同比增速更快（12.5% vs -13.8%）。HELIX ENERGY SOLUTIONS GROUP INC自由现金流更多（$59.0M vs $12.9M）。过去两年NCS Multistage Holdings, Inc.的营收复合增速更高（7.4% vs -11.2%）
Helix Energy Solutions是总部位于美国得克萨斯州休斯顿的油气服务企业，2006年前名为Cal Dive International。该企业是全球离岸油气服务供应商，为新建及在产油气田提供油井干预作业以及遥控潜水器作业服务。
NCS Multistage Holdings是一家全球能源技术与油田服务提供商，主营油气勘探生产用的完井系统与多级压裂工具，服务覆盖北美、拉美、中东及亚太市场，助力上游能源客户提升作业效率与资源采收率。
HLX vs NCSM — 直观对比
损益表 — Q1 2026 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $287.9M | $50.6M |
| 净利润 | $-13.4M | $15.0M |
| 毛利率 | 3.1% | — |
| 营业利润率 | — | 10.3% |
| 净利率 | -4.7% | 29.5% |
| 营收同比 | -13.8% | 12.5% |
| 净利润同比 | -262.1% | 331.0% |
| 每股收益（稀释后） | $-0.09 | $5.43 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
| Q1 26 | $287.9M | — | ||
| Q4 25 | $334.2M | $50.6M | ||
| Q3 25 | $377.0M | $46.5M | ||
| Q2 25 | $302.3M | $36.5M | ||
| Q1 25 | $278.1M | $50.0M | ||
| Q4 24 | $355.1M | $45.0M | ||
| Q3 24 | $342.4M | $44.0M | ||
| Q2 24 | $364.8M | $29.7M |
| Q1 26 | $-13.4M | — | ||
| Q4 25 | $8.3M | $15.0M | ||
| Q3 25 | $22.1M | $3.8M | ||
| Q2 25 | $-2.6M | $924.0K | ||
| Q1 25 | $3.1M | $4.1M | ||
| Q4 24 | $20.1M | $3.5M | ||
| Q3 24 | $29.5M | $4.1M | ||
| Q2 24 | $32.3M | $-3.1M |
| Q1 26 | 3.1% | — | ||
| Q4 25 | 15.2% | — | ||
| Q3 25 | 17.5% | — | ||
| Q2 25 | 4.9% | — | ||
| Q1 25 | 9.9% | — | ||
| Q4 24 | 16.6% | — | ||
| Q3 24 | 19.2% | — | ||
| Q2 24 | 20.7% | — |
| Q1 26 | — | — | ||
| Q4 25 | 3.7% | 10.3% | ||
| Q3 25 | 12.7% | 6.6% | ||
| Q2 25 | -1.0% | -5.6% | ||
| Q1 25 | 2.9% | 8.6% | ||
| Q4 24 | 8.7% | 6.5% | ||
| Q3 24 | 13.0% | 6.9% | ||
| Q2 24 | 14.6% | -14.0% |
| Q1 26 | -4.7% | — | ||
| Q4 25 | 2.5% | 29.5% | ||
| Q3 25 | 5.9% | 8.2% | ||
| Q2 25 | -0.9% | 2.5% | ||
| Q1 25 | 1.1% | 8.1% | ||
| Q4 24 | 5.7% | 7.7% | ||
| Q3 24 | 8.6% | 9.4% | ||
| Q2 24 | 8.9% | -10.4% |
| Q1 26 | $-0.09 | — | ||
| Q4 25 | $0.06 | $5.43 | ||
| Q3 25 | $0.15 | $1.37 | ||
| Q2 25 | $-0.02 | $0.34 | ||
| Q1 25 | $0.02 | $1.51 | ||
| Q4 24 | $0.13 | $1.34 | ||
| Q3 24 | $0.19 | $1.60 | ||
| Q2 24 | $0.21 | $-1.21 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $501.3M | $36.7M |
| 总债务越低越好 | $303.8M | $5.3M |
| 股东权益账面价值 | $1.6B | $126.2M |
| 总资产 | $2.6B | $181.2M |
| 负债/权益比越低杠杆越低 | 0.20× | 0.04× |
8季度趋势，按日历期对齐
| Q1 26 | $501.3M | — | ||
| Q4 25 | $445.2M | $36.7M | ||
| Q3 25 | $338.0M | $25.3M | ||
| Q2 25 | $319.7M | $25.4M | ||
| Q1 25 | $370.0M | $23.0M | ||
| Q4 24 | $368.0M | $25.9M | ||
| Q3 24 | $324.1M | $15.3M | ||
| Q2 24 | $275.1M | $18.6M |
| Q1 26 | $303.8M | — | ||
| Q4 25 | $308.0M | $5.3M | ||
| Q3 25 | $307.5M | $5.1M | ||
| Q2 25 | $311.6M | $5.5M | ||
| Q1 25 | $311.1M | $5.4M | ||
| Q4 24 | $315.2M | $6.0M | ||
| Q3 24 | $314.7M | $6.5M | ||
| Q2 24 | $318.6M | $6.8M |
| Q1 26 | $1.6B | — | ||
| Q4 25 | $1.6B | $126.2M | ||
| Q3 25 | $1.6B | $110.1M | ||
| Q2 25 | $1.6B | $106.4M | ||
| Q1 25 | $1.5B | $103.2M | ||
| Q4 24 | $1.5B | $98.8M | ||
| Q3 24 | $1.6B | $96.0M | ||
| Q2 24 | $1.5B | $91.0M |
| Q1 26 | $2.6B | — | ||
| Q4 25 | $2.6B | $181.2M | ||
| Q3 25 | $2.6B | $162.0M | ||
| Q2 25 | $2.7B | $158.0M | ||
| Q1 25 | $2.6B | $155.1M | ||
| Q4 24 | $2.6B | $152.8M | ||
| Q3 24 | $2.7B | $145.8M | ||
| Q2 24 | $2.6B | $139.4M |
| Q1 26 | 0.20× | — | ||
| Q4 25 | 0.19× | 0.04× | ||
| Q3 25 | 0.20× | 0.05× | ||
| Q2 25 | 0.20× | 0.05× | ||
| Q1 25 | 0.20× | 0.05× | ||
| Q4 24 | 0.21× | 0.06× | ||
| Q3 24 | 0.20× | 0.07× | ||
| Q2 24 | 0.21× | 0.08× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $61.8M | $13.1M |
| 自由现金流经营现金流 - 资本支出 | $59.0M | $12.9M |
| 自由现金流率自由现金流/营收 | 20.5% | 25.5% |
| 资本支出强度资本支出/营收 | 1.0% | 0.4% |
| 现金转化率经营现金流/净利润 | — | 0.88× |
| 过去12个月自由现金流最近4个季度 | $167.4M | $21.0M |
8季度趋势，按日历期对齐
| Q1 26 | $61.8M | — | ||
| Q4 25 | $113.2M | $13.1M | ||
| Q3 25 | $24.3M | $7.2M | ||
| Q2 25 | $-17.1M | $3.5M | ||
| Q1 25 | $16.4M | $-1.6M | ||
| Q4 24 | $78.0M | $10.6M | ||
| Q3 24 | $55.7M | $-2.0M | ||
| Q2 24 | $-12.2M | $6.0M |
| Q1 26 | $59.0M | — | ||
| Q4 25 | $107.5M | $12.9M | ||
| Q3 25 | $22.6M | $6.9M | ||
| Q2 25 | $-21.6M | $3.2M | ||
| Q1 25 | $12.0M | $-2.1M | ||
| Q4 24 | $65.5M | $10.4M | ||
| Q3 24 | $52.5M | $-2.5M | ||
| Q2 24 | $-16.2M | $5.6M |
| Q1 26 | 20.5% | — | ||
| Q4 25 | 32.2% | 25.5% | ||
| Q3 25 | 6.0% | 14.9% | ||
| Q2 25 | -7.1% | 8.9% | ||
| Q1 25 | 4.3% | -4.2% | ||
| Q4 24 | 18.4% | 23.1% | ||
| Q3 24 | 15.3% | -5.6% | ||
| Q2 24 | -4.4% | 19.0% |
| Q1 26 | 1.0% | — | ||
| Q4 25 | 1.7% | 0.4% | ||
| Q3 25 | 0.4% | 0.5% | ||
| Q2 25 | 1.5% | 0.8% | ||
| Q1 25 | 1.6% | 0.9% | ||
| Q4 24 | 3.5% | 0.5% | ||
| Q3 24 | 0.9% | 1.0% | ||
| Q2 24 | 1.1% | 1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 13.68× | 0.88× | ||
| Q3 25 | 1.10× | 1.88× | ||
| Q2 25 | — | 3.81× | ||
| Q1 25 | 5.35× | -0.41× | ||
| Q4 24 | 3.88× | 3.07× | ||
| Q3 24 | 1.89× | -0.49× | ||
| Q2 24 | -0.38× | — |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
HLX
暂无分部数据
NCSM
| Products | $33.8M | 67% |
| Services | $16.8M | 33% |
