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) Operating margin

Alert me on Operating margin

Halliburton Company's operating margin over the twelve months to 30 September 2026 was 12.6%, up 2.4 percentage points from fiscal 2025 (10.2%). Over the past ten years it has ranged from −42.6% (fiscal 2016) to 17.7% (fiscal 2023); the current reading is higher than 55% of that period. That is above the Oil & Gas Equipment & Services industry median of 7.44% and below the Energy sector median of 15.2%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 10.2% (6.47)
FY2024 16.7% (1.08)
FY2023 17.7% 4.40
FY2022 13.3% 1.57
FY2021 11.8% 28.63
FY2020 −16.9% (14.86)
FY2019 −2.00% (12.28)
FY2018 10.3% 3.62
FY2017 6.66% 49.27
FY2016 −42.6% (41.91)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 10.9% (2.68)
Jun 2026 13.6% 1.05
Mar 2026 12.6% (0.62)
Dec 2025 13.2% 6.83
43 more quarters

Against its own ten years

Low −42.6% High 17.7%
Ten-year median 10.2%
Current reading's percentile 74

Operating margin against peers

Company Operating margin
AROC Archrock, Inc. compare 37.7%
WHD Cactus, Inc. compare 18.8%
TS Tenaris S.A. compare 18.5%
FTI TechnipFMC plc compare 15.2%
BKR Baker Hughes Company compare 13.4%
HAL Halliburton Company 12.6%
WFRD Weatherford International PLC compare 12.4%
SLB SLB Limited compare 12.2%
NOV NOV Inc. compare 5.46%
Oil & Gas Equipment & Services industry median 7.44%
Energy sector median 15.2%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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