Halliburton (HAL) Debt Ratio (2009 - 2026)

Halliburton (HAL) posted quarterly Debt Ratio of 0.28 for Q2 2026, down 6.73% year-on-year from 0.3 in Q2 2025, and down 2.64% on a QoQ basis 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.

  • Quarterly Debt Ratio fell 6.73% year-over-year to 0.28 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.28 (down 6.73% YoY) and the FY2025 annual result came in at 0.29, down 2.89% from the prior year.
  • Debt Ratio eased to 0.28 in Q2 2026 per HAL's latest filing, from 0.28 in the prior quarter.
  • Over the last five years, Debt Ratio for HAL reached as high as 0.39 in Q1 2022 and fell as low as 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.
  • Annual changes were most pronounced in 2022 — Debt Ratio declined 19.15% — and 2025, when it dropped 0.65%.
  • Year by year, Debt Ratio stood at 0.34 in 2022, then slipped by 9.26% to 0.31 in 2023, then retreated by 4.73% to 0.29 in 2024, then decreased by 2.89% to 0.29 in 2025, then fell by 3.13% to 0.28 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.28, 0.28, and 0.29 for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Slb 70.54 Bn 68.33 Bn 5.38 Bn 0.18
2 Tenaris 57.93 Bn 46.32 Bn 1.05 Bn 0.02
3 TechnipFMC 30.31 Bn 29.04 Bn 1.64 Bn 0.05
4 Halliburton 27.38 Bn 25.42 Bn 2.10 Bn 0.28
5 Nov 7.25 Bn 5.97 Bn 379.00 Mn 0.15
6 Archrock 6.68 Bn 6.68 Bn 247.42 Mn 0.54
7 Weatherford International 6.15 Bn 5.02 Bn 776.00 Mn 0.29
8 Kodiak Gas Services 5.93 Bn 5.84 Bn 222.88 Mn 0.62
9 Oceaneering International 5.32 Bn 4.71 Bn 156.98 Mn 0.18
10 USA Compression Partners 3.86 Bn 3.85 Bn 213.37 Mn 0.80

Historic Data

Download Data
DateValue
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