Halliburton (HAL) Debt Ratio (2009 - 2026)
Halliburton's (HAL) quarterly Debt Ratio came in at 0.28 in Q2 2026, down 6.73% year-over-year from 0.3 in Q2 2025, and down 2.64% quarter-over-quarter from 0.28 in Q1 2026.
Analysis
Halliburton (HAL) Debt Ratio (2009 - 2026) Analysis & Trends
Halliburton (HAL) has reported Debt Ratio for 18 consecutive years, with 0.28 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Debt Ratio fell 6.73% year-over-year to 0.28 in Q2 2026; TTM through Jun 2026 was 0.28, a 6.73% decrease from a year earlier, with the FY2025 full-year figure at 0.29, down 2.89% from the prior year.
- Debt Ratio was 0.28 for Q2 2026 at Halliburton, down from 0.28 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.39 in Q1 2022 and troughed at 0.28 in Q2 2026.
- A 5-year average of 0.32 and a median of 0.31 in 2024 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio decreased 19.15% in 2022 and retreated 0.65% in 2025, its largest moves.
- Over 5 years, Debt Ratio stood at 0.34 in 2022, then dropped by 9.26% to 0.31 in 2023, then decreased by 4.73% to 0.29 in 2024, then slipped by 2.89% to 0.29 in 2025, then retreated by 3.13% to 0.28 in 2026.
- The last three Debt Ratio figures came in at 0.28 (Q2 2026), 0.28 (Q1 2026), and 0.29 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 83.46 Bn | 79.39 Bn | 4.63 Bn | 0.23 |
| 2 | Baker Hughes | 58.92 Bn | 43.20 Bn | 1.58 Bn | 0.31 |
| 3 | Halliburton | 30.13 Bn | 28.09 Bn | 2.10 Bn | 0.28 |
| 4 | Weatherford International | 6.46 Bn | 5.33 Bn | 662.00 Mn | 0.29 |
| 5 | Kodiak Gas Services | 6.07 Bn | 5.94 Bn | 246.76 Mn | 0.50 |
| 6 | Tidewater | 4.57 Bn | 3.96 Bn | 161.54 Mn | 0.28 |
| 7 | USA Compression Partners | 4.03 Bn | 4.02 Bn | 217.36 Mn | 0.80 |
| 8 | Liberty Energy | 3.41 Bn | 2.85 Bn | 208.34 Mn | 0.29 |
| 9 | National Energy Services Reunited | 3.39 Bn | 3.21 Bn | 81.29 Mn | 0.16 |
| 10 | Select Water Solutions | 2.80 Bn | 2.77 Bn | 76.84 Mn | 0.15 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.28 |
| Mar 31, 2026 | 0.28 |
| Dec 31, 2025 | 0.29 |
| Sep 30, 2025 | 0.30 |
| Jun 30, 2025 | 0.30 |
| Mar 31, 2025 | 0.30 |
| Dec 31, 2024 | 0.29 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.30 |
| Mar 31, 2024 | 0.31 |
| Dec 31, 2023 | 0.31 |
| Sep 30, 2023 | 0.32 |
| Jun 30, 2023 | 0.33 |
| Mar 31, 2023 | 0.34 |
| Dec 31, 2022 | 0.34 |
| Sep 30, 2022 | 0.35 |
| Jun 30, 2022 | 0.38 |
| Mar 31, 2022 | 0.39 |
| Dec 31, 2021 | 0.41 |
| Sep 30, 2021 | 0.43 |