Halliburton (HAL) Capital Expenditures (2009 - 2026)
Halliburton (HAL) posted quarterly Capital Expenditures of $235.0 million for Q2 2026, down 33.62% year-over-year from $354.0 million in Q2 2025, and up 22.4% quarter-over-quarter from $192.0 million in Q1 2026.
Halliburton (HAL) Capital Expenditures (2009 - 2026) Analysis & Trends
Halliburton (HAL) has reported Capital Expenditures for 18 consecutive years, with $235.0 million the latest figure, recorded in Q2 2026.
- In Q2 2026, Capital Expenditures fell 33.62% year-over-year to $235.0 million; the TTM figure through Jun 2026 stood at $1.0 billion (down 27.87% YoY), while the FY2025 annual figure was $1.3 billion, down 13.04% from the prior year.
- Capital Expenditures rose to $235.0 million in Q2 2026 per HAL's latest filing, from $192.0 million in the prior quarter.
- Across five years, Capital Expenditures topped out at $426.0 million in Q4 2024 and bottomed at $189.0 million in Q1 2022.
- Historically, Capital Expenditures has averaged $306.3 million across 5 years, with a median of $316.5 million in 2023.
- Annual changes were most pronounced in 2022 — Capital Expenditures soared 81.73% — and 2026, when it slumped 36.42%.
- Halliburton's Capital Expenditures stood at $350.0 million in 2022, then climbed by 14.0% to $399.0 million in 2023, then advanced by 6.77% to $426.0 million in 2024, then declined by 20.89% to $337.0 million in 2025, then plunged by 30.27% to $235.0 million in 2026.
- Business Quant data shows HAL's Capital Expenditures at $235.0 million in Q2 2026, $192.0 million in Q1 2026, and $337.0 million in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 459.00 Mn |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 300.00 Mn |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -121.46 Mn |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 60.10 Mn |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 235.00 Mn |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 81.00 Mn |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 42.00 Mn |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 200.21 Mn |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 97.96 Mn |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 23.18 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 235.00 Mn |
| Jun 30, 2026 | 235.00 Mn |
| Mar 31, 2026 | 192.00 Mn |
| Mar 31, 2026 | 192.00 Mn |
| Dec 31, 2025 | 337.00 Mn |
| Dec 31, 2025 | 337.00 Mn |
| Sep 30, 2025 | 261.00 Mn |
| Sep 30, 2025 | 261.00 Mn |
| Jun 30, 2025 | 354.00 Mn |
| Jun 30, 2025 | 354.00 Mn |
| Mar 31, 2025 | 302.00 Mn |
| Mar 31, 2025 | 302.00 Mn |
| Dec 31, 2024 | 426.00 Mn |
| Dec 31, 2024 | 426.00 Mn |
| Sep 30, 2024 | 339.00 Mn |
| Sep 30, 2024 | 339.00 Mn |
| Jun 30, 2024 | 347.00 Mn |
| Jun 30, 2024 | 347.00 Mn |
| Mar 31, 2024 | 330.00 Mn |
| Mar 31, 2024 | 330.00 Mn |