Halliburton (HAL) Debt to Equity (2009 - 2026)
Halliburton (HAL) reported Debt to Equity of $0.01 for Q1 2026, down 98.85% year-over-year from $0.72 in Q1 2025, and down 77.7% quarter-over-quarter from $0.04 in Q3 2025.
Halliburton (HAL) Debt to Equity (2009 - 2026) Analysis & Trends
Halliburton (HAL) has 18 years of Debt to Equity data on file, last reported at $0.01 in Q1 2026.
- Debt to Equity for Q1 2026 came in at $0.01, down 98.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $0.01 (down 98.85% YoY), and the FY2024 annual result was $0.71, down 11.68% from the prior year.
- Debt to Equity retreated to $0.01 in Q1 2026 per HAL's latest filing, from $0.04 in the prior quarter.
- Over five years, Debt to Equity peaked at $1.21 in Q1 2022 and troughed at $0.01 in Q1 2026.
- A 5-year average of $0.73 and a median of $0.8 in 2024 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2025 and 2026: Debt to Equity slipped 8.15% in 2025, then tumbled 98.85% in 2026.
- A 5-year view of Debt to Equity shows it stood at $0.99 in 2022, then retreated by 18.55% to $0.81 in 2023, then dropped by 11.68% to $0.71 in 2024, then tumbled by 94.79% to $0.04 in 2025, then sank by 77.7% to $0.01 in 2026.
- Business Quant data shows HAL's Debt to Equity at $0.01 in Q1 2026, $0.04 in Q3 2025, and $0.04 in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 0.37 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 0.83 |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 0.01 |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 0.13 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 0.53 |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.27 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 0.84 |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 1.57 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 2.37 |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 0.66 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.01 |
| Sep 30, 2025 | 0.04 |
| Jun 30, 2025 | 0.04 |
| Mar 31, 2025 | 0.72 |
| Dec 31, 2024 | 0.71 |
| Sep 30, 2024 | 0.74 |
| Jun 30, 2024 | 0.76 |
| Mar 31, 2024 | 0.79 |
| Dec 31, 2023 | 0.81 |
| Sep 30, 2023 | 0.85 |
| Jun 30, 2023 | 0.91 |
| Mar 31, 2023 | 0.94 |
| Dec 31, 2022 | 0.99 |
| Sep 30, 2022 | 1.04 |
| Jun 30, 2022 | 1.19 |
| Mar 31, 2022 | 1.21 |
| Dec 31, 2021 | 1.36 |
| Sep 30, 2021 | 1.60 |
| Jun 30, 2021 | 1.78 |
| Mar 31, 2021 | 1.86 |