Correlation
The correlation between HLX and NOV is 0.43, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
HLX vs. NOV
Compare and contrast key facts about Helix Energy Solutions Group, Inc. (HLX) and National Oilwell Varco, Inc. (NOV).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: HLX or NOV.
Performance
HLX vs. NOV - Performance Comparison
Loading data...
Key characteristics
HLX:
-0.96
NOV:
-0.77
HLX:
-1.53
NOV:
-1.14
HLX:
0.81
NOV:
0.85
HLX:
-0.55
NOV:
-0.41
HLX:
-1.66
NOV:
-1.40
HLX:
28.89%
NOV:
25.09%
HLX:
47.27%
NOV:
42.12%
HLX:
-97.87%
NOV:
-89.77%
HLX:
-86.89%
NOV:
-83.75%
Fundamentals
HLX:
$930.39M
NOV:
$4.56B
HLX:
$0.55
NOV:
$1.49
HLX:
11.16
NOV:
8.15
HLX:
-1.41
NOV:
0.27
HLX:
0.69
NOV:
0.52
HLX:
0.60
NOV:
0.71
HLX:
$1.34B
NOV:
$8.82B
HLX:
$227.55M
NOV:
$2.13B
HLX:
$271.03M
NOV:
$1.22B
Returns By Period
In the year-to-date period, HLX achieves a -34.12% return, which is significantly lower than NOV's -16.40% return. Over the past 10 years, HLX has outperformed NOV with an annualized return of -9.18%, while NOV has yielded a comparatively lower -12.11% annualized return.
HLX
-34.12%
-2.38%
-45.95%
-45.18%
11.00%
18.94%
-9.18%
NOV
-16.40%
-1.54%
-26.16%
-32.16%
-12.88%
1.03%
-12.11%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Risk-Adjusted Performance
HLX vs. NOV — Risk-Adjusted Performance Rank
HLX
NOV
HLX vs. NOV - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Helix Energy Solutions Group, Inc. (HLX) and National Oilwell Varco, Inc. (NOV). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Loading data...
Dividends
HLX vs. NOV - Dividend Comparison
HLX has not paid dividends to shareholders, while NOV's dividend yield for the trailing twelve months is around 2.47%.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
HLX Helix Energy Solutions Group, Inc. | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
NOV National Oilwell Varco, Inc. | 2.47% | 1.88% | 0.99% | 0.96% | 0.37% | 0.36% | 0.80% | 0.78% | 0.56% | 1.63% | 5.49% | 2.46% |
Drawdowns
HLX vs. NOV - Drawdown Comparison
The maximum HLX drawdown since its inception was -97.87%, which is greater than NOV's maximum drawdown of -89.77%. Use the drawdown chart below to compare losses from any high point for HLX and NOV.
Loading data...
Volatility
HLX vs. NOV - Volatility Comparison
Helix Energy Solutions Group, Inc. (HLX) has a higher volatility of 11.64% compared to National Oilwell Varco, Inc. (NOV) at 9.88%. This indicates that HLX's price experiences larger fluctuations and is considered to be riskier than NOV based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...
Financials
HLX vs. NOV - Financials Comparison
This section allows you to compare key financial metrics between Helix Energy Solutions Group, Inc. and National Oilwell Varco, Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
HLX vs. NOV - Profitability Comparison
HLX - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, Helix Energy Solutions Group, Inc. reported a gross profit of 27.54M and revenue of 278.06M. Therefore, the gross margin over that period was 9.9%.
NOV - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on May 2025, National Oilwell Varco, Inc. reported a gross profit of 447.00M and revenue of 2.10B. Therefore, the gross margin over that period was 21.3%.
HLX - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, Helix Energy Solutions Group, Inc. reported an operating income of 8.17M and revenue of 278.06M, resulting in an operating margin of 2.9%.
NOV - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on May 2025, National Oilwell Varco, Inc. reported an operating income of 152.00M and revenue of 2.10B, resulting in an operating margin of 7.2%.
HLX - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, Helix Energy Solutions Group, Inc. reported a net income of 3.07M and revenue of 278.06M, resulting in a net margin of 1.1%.
NOV - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on May 2025, National Oilwell Varco, Inc. reported a net income of 73.00M and revenue of 2.10B, resulting in a net margin of 3.5%.