Halliburton (HAL) Capital Expenditures (2009 - 2026)
Halliburton's Capital Expenditures was $235 million in Q2 2026, down 33.6% from $354 million a year earlier but up 22.4% from the prior quarter.
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Analysis
Halliburton (HAL) Capital Expenditures (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Halliburton's Capital Expenditures was $1.03 billion through Jun 30, 2026, down 27.9% year-over-year; for FY2025, it was $1.25 billion, down 13.0% from FY2024.
- Capital Expenditures shows a five-year compound annual growth rate of 11.5% (FY2020 to FY2025).
- In earlier years, Capital Expenditures was $1.44 billion in FY2024 (+4.6%), $1.38 billion in FY2023 (+36.4%), $1.01 billion in FY2022 (+26.5%) and $799 million in FY2021 (+9.8%).
- Quarterly Capital Expenditures has moved between $188 million (Q3 2021) and $426 million (Q4 2024) over five years.
- Compared with a year earlier, Capital Expenditures has declined for four straight quarters, with an average decline of 16.3% over the last eight quarters.
- The best year-over-year quarter for Capital Expenditures over five years was Q1 2022 (growth of 81.7%); the worst was Q1 2026 (a decline of 36.4%).
- Per Business Quant data, HAL's Capital Expenditures in the three quarters before Q2 2026 was $192 million (Q1 2026), $337 million (Q4 2025) and $261 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 459.00 Mn |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 300.00 Mn |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 60.10 Mn |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 235.00 Mn |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 81.00 Mn |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | 204.53 Mn |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 24.00 Mn |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 42.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 105.50 Mn |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | 200.21 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 235.00 Mn |
| Mar 31, 2026 | 192.00 Mn |
| Dec 31, 2025 | 337.00 Mn |
| Sep 30, 2025 | 261.00 Mn |
| Jun 30, 2025 | 354.00 Mn |
| Mar 31, 2025 | 302.00 Mn |
| Dec 31, 2024 | 426.00 Mn |
| Sep 30, 2024 | 339.00 Mn |
| Jun 30, 2024 | 347.00 Mn |
| Mar 31, 2024 | 330.00 Mn |
| Dec 31, 2023 | 399.00 Mn |
| Sep 30, 2023 | 409.00 Mn |
| Jun 30, 2023 | 303.00 Mn |
| Mar 31, 2023 | 268.00 Mn |
| Dec 31, 2022 | 350.00 Mn |
| Sep 30, 2022 | 251.00 Mn |
| Jun 30, 2022 | 221.00 Mn |
| Mar 31, 2022 | 189.00 Mn |
| Dec 31, 2021 | 316.00 Mn |
| Sep 30, 2021 | 188.00 Mn |
API Access
Halliburton Capital Expenditures API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=capital-expenditures&ticker=HAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "ticker": "HAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=capital-expenditures&ticker=HAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();