Halliburton (HAL) FCF Margin (2009 - 2026)
Halliburton's (HAL) quarterly FCF Margin came in at 1.5% in Q1 2026, up 11.0% year-on-year from 1.35% in Q1 2025, and down 89.76% on a QoQ basis 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.
- On a quarterly basis, FCF Margin rose 11.0% year-over-year to 1.5% in Q1 2026; TTM through Mar 2026 was 7.57%, a 281.0% decrease from a year earlier, with the FY2025 full-year figure at 7.54%, down 302.0% from the prior year.
- FCF Margin for Q1 2026 stood at 1.5%, down from 14.64% in the prior quarter.
- Over the last five years, FCF Margin for HAL reached as high as 18.36% in Q4 2024 and fell as low as 5.58% in Q1 2022.
- Historically, FCF Margin has averaged 7.72% across 5 years, with a median of 8.81% in 2024.
- Across the five-year window, FCF Margin tumbled 845 bps in 2022 and soared 986 bps in 2023, its largest moves.
- Year by year, FCF Margin stood at 14.56% in 2022, then rose by 21 bps to 17.62% in 2023, then climbed by 4 bps to 18.36% in 2024, then fell by 20 bps to 14.64% in 2025, then tumbled by 90 bps to 1.5% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 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 | 78.08 Bn | 74.69 Bn | 5.38 Bn | 5.62% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 23.61% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 11.11% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 1.50% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | -4.43% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 12.04% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 19.36% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | -11.05% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | -13.65% |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 1.32% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |