Halliburton (HAL) FCF Margin (2009 - 2026)
Halliburton (HAL) reported FCF Margin of 1.79% for Q3 2026, down 2.27 percentage points from 4.05% a year earlier and down 8.52 percentage points from the prior quarter.
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Analysis
Halliburton (HAL) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Halliburton's FCF Margin came in at 7.12%, down 1.35 percentage points year-over-year; for FY2025, it was 7.54%, down 3.02 percentage points from FY2024.
- FCF Margin has a five-year change of -0.45 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 10.56% in FY2024 (+1.53 pp), 9.03% in FY2023 (+2.97 pp), 6.06% in FY2022 (-1.21 pp) and 7.27% in FY2021 (-0.71 pp).
- Five-year quarterly FCF Margin spans a low of -5.58% in Q1 2022 and a high of 18.36% in Q4 2024.
- Year over year, FCF Margin gained in three of the last eight quarters, with an average year-over-year change of -1.69 percentage points.
- The high point for year-over-year FCF Margin in five years was Q2 2023 (a gain of 9.86 percentage points); the low point was Q1 2022 (a drop of 8.45 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 10.31% (Q2 2026), 1.50% (Q1 2026) and 14.64% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.81 Bn | 70.26 Bn | 1.57 Bn | 10.85% |
| 2 | Baker Hughes | 47.88 Bn | 9.61 Bn | 1.96 Bn | 9.15% |
| 3 | Halliburton | 26.33 Bn | 18.23 Bn | 840.00 Mn | 1.79% |
| 4 | TechnipFMC | 25.25 Bn | 21.22 Bn | 728.70 Mn | 16.22% |
| 5 | Noble | 6.55 Bn | 4.63 Bn | 228.22 Mn | -6.52% |
| 6 | Nov | 6.31 Bn | 1.20 Bn | 439.00 Mn | -2.11% |
| 7 | Weatherford International | 6.04 Bn | 1.78 Bn | 374.00 Mn | 12.86% |
| 8 | Transocean | 5.85 Bn | 3.89 Bn | 348.00 Mn | 13.98% |
| 9 | Valaris | 5.52 Bn | 3.27 Bn | 176.30 Mn | -9.16% |
| 10 | Kodiak Gas Services | 4.21 Bn | 3.97 Bn | 246.76 Mn | -25.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 1.79% |
| Jun 30, 2026 | 10.31% |
| 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% |
API Access
Halliburton FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=HAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "HAL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=HAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();