Halliburton (HAL) FCF Margin (2009 - 2026)

Halliburton (HAL) reported FCF Margin of 1.5% for Q1 2026, up 11.0% year-over-year from 1.35% in Q1 2025, and down 89.76% quarter-over-quarter from 14.64% in Q4 2025.

Halliburton (HAL) FCF Margin (2009 - 2026) Analysis & Trends

Halliburton (HAL) has 18 years of FCF Margin data on file, last reported at 1.5% in Q1 2026.

  • FCF Margin for Q1 2026 came in at 1.5%, up 11.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.57% (down 281.0% YoY), and the FY2025 annual result was 7.54%, down 302.0% from the prior year.
  • FCF Margin fell to 1.5% in Q1 2026 per HAL's latest filing, from 14.64% in the prior quarter.
  • Over five years, FCF Margin peaked at 18.36% in Q4 2024 and troughed at 5.58% in Q1 2022.
  • A 5-year average of 7.72% and a median of 8.81% in 2024 frame the typical range for FCF Margin.
  • The sharpest annual moves came in 2022 and 2023: FCF Margin sank 845 bps in 2022, then surged 986 bps in 2023.
  • A 5-year view of FCF Margin shows it stood at 14.56% in 2022, then climbed by 21 bps to 17.62% in 2023, then rose by 4 bps to 18.36% in 2024, then slipped by 20 bps to 14.64% in 2025, then slumped by 90 bps to 1.5% in 2026.
  • Business Quant data shows HAL's FCF Margin at 1.5% in Q1 2026, 14.64% in Q4 2025, and 4.05% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 1.65%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 2.49%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 1.50%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 11.11%
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn -4.43%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 7.12%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 19.36%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 16.10%
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn -14.55%

Historic Data

Download Data
DateValue
Mar 31, 2026 1.50%
Dec 31, 2025 14.64%
Sep 30, 2025 4.05%
Jun 30, 2025 9.84%
Mar 31, 2025 1.38%
Dec 31, 2024 18.36%
Sep 30, 2024 8.81%
Jun 30, 2024 12.58%
Mar 31, 2024 2.71%
Dec 31, 2023 17.62%
Sep 30, 2023 8.01%
Jun 30, 2023 12.92%
Mar 31, 2023 -2.57%
Dec 31, 2022 14.56%
Sep 30, 2022 9.37%
Jun 30, 2022 3.05%
Mar 31, 2022 -5.58%
Dec 31, 2021 8.56%
Sep 30, 2021 11.11%
Jun 30, 2021 5.88%