Halliburton (HAL) Debt Ratio (2009 - 2026)
Halliburton (HAL) posted quarterly Debt Ratio of 0.28 for 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.
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.
- In Q2 2026, Debt Ratio fell 6.73% year-over-year to 0.28; the TTM figure through Jun 2026 stood at 0.28 (down 6.73% YoY), while the FY2025 annual figure was 0.29, down 2.89% from the prior year.
- Debt Ratio fell to 0.28 in Q2 2026 per HAL's latest filing, from 0.28 in the prior quarter.
- Across five years, Debt Ratio topped out at 0.39 in Q1 2022 and bottomed at 0.28 in Q2 2026.
- Historically, Debt Ratio has averaged 0.32 across 5 years, with a median of 0.31 in 2024.
- Annual changes were most pronounced in 2022 — Debt Ratio slipped 19.15% — and 2025, when it decreased 0.65%.
- Halliburton's Debt Ratio stood at 0.34 in 2022, then fell by 9.26% to 0.31 in 2023, then dropped by 4.73% to 0.29 in 2024, then declined by 2.89% to 0.29 in 2025, then slipped by 3.13% to 0.28 in 2026.
- Business Quant data shows HAL's Debt Ratio at 0.28 in Q2 2026, 0.28 in Q1 2026, and 0.29 in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 0.20 |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 0.31 |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 0.01 |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 0.05 |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 0.28 |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 0.15 |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 0.29 |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 0.50 |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 0.53 |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 0.18 |
Historic Data
Download 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 |