Halliburton Company

HAL Energy Oil & Gas Equipment & Services

Halliburton Company’s revenue for fiscal 2025 (year ended December 2025) was $22.2 billion, down 3.31% from fiscal 2024.

Revenue
+1.84%
EPS
+2,400.0%
Free cash flow
−43.5%
Total debt
−5.00%

Quarter to September 2026, against a year earlier

32.05 0.95 −2.88%
Market cap
$26.4B
P/E
13.4×
Fwd P/E
15.6×
Dividend yield
2.12%
F-score
5/9
Altman Z
3.30
Beneish M
−2.70
Dividend safety
73/100

Halliburton Company (HAL) Gross margin

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Halliburton Company's gross margin over the twelve months to 30 September 2026 was 14.9%, down 0.8 percentage points from fiscal 2025 (15.7%). Over the past ten years it has ranged from 5.48% (fiscal 2016) to 18.9% (fiscal 2023); the current reading is higher than 73% of that period. That is below the Oil & Gas Equipment & Services industry median of 22.9% and below the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 15.7% (3.04)
FY2024 18.8% (0.19)
FY2023 18.9% 2.62
FY2022 16.3% 3.14
FY2021 13.2% 2.48
FY2020 10.7% 0.50
FY2019 10.2% (2.24)
FY2018 12.4% 1.40
FY2017 11.0% 5.56
FY2016 5.48% (5.18)

Quarterly newest first

Period Gross margin Change (points)
Sep 2026 14.7% 0.66
Jun 2026 14.1% (0.42)
Mar 2026 14.5% (1.95)
Dec 2025 16.4% 1.15
43 more quarters

Against its own ten years

Low 5.48% High 18.9%
Ten-year median 12.4%
Current reading's percentile 63

Gross margin against peers

Company Gross margin
AROC Archrock, Inc. compare 67.5%
TS Tenaris S.A. compare 33.9%
WHD Cactus, Inc. compare 33.5%
WFRD Weatherford International PLC compare 30.8%
FTI TechnipFMC plc compare 23.6%
BKR Baker Hughes Company compare 23.5%
NOV NOV Inc. compare 20.7%
SLB SLB Limited compare 16.3%
HAL Halliburton Company 14.9%
Oil & Gas Equipment & Services industry median 22.9%
Energy sector median 42.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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