Halliburton HAL
NYSE HAL
$37.14 +0.34 (+0.92%)
As of: Sep 9, 2026 · 3:59 PM EDT

Halliburton (HAL) FCF Margin (2009 - 2026)

Halliburton's (HAL) quarterly FCF Margin came in at 10.31% in Q2 2026, up 47.0% year-over-year from 7.01% in Q2 2025, and up 587.46% quarter-over-quarter from 1.5% in Q1 2026.

Analysis

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

Halliburton (HAL) has reported FCF Margin for 18 consecutive years, with 10.31% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, FCF Margin rose 47.0% year-over-year to 10.31% in Q2 2026; TTM through Jun 2026 was 7.71%, a 196.0% decrease from a year earlier, with the FY2025 full-year figure at 7.54%, down 302.0% from the prior year.
  • FCF Margin was 10.31% for Q2 2026 at Halliburton, up from 1.5% 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 7.86% and a median of 9.09% in 2022 frame the typical range for FCF Margin.
  • Across the five-year window, FCF Margin slumped 845 bps in 2022 and jumped 986 bps in 2023, its largest moves.
  • Over 5 years, FCF Margin stood at 14.56% in 2022, then advanced by 21 bps to 17.62% in 2023, then increased by 4 bps to 18.36% in 2024, then decreased by 20 bps to 14.64% in 2025, then decreased by 30 bps to 10.31% in 2026.
  • The last three FCF Margin figures came in at 10.31% (Q2 2026), 1.5% (Q1 2026), and 14.64% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Slb 85.35 Bn 82.46 Bn 4.63 Bn 10.03%
2 Baker Hughes 63.03 Bn 47.48 Bn 1.58 Bn 15.50%
3 Halliburton 30.89 Bn 28.89 Bn 2.10 Bn 10.31%
4 Weatherford International 6.88 Bn 5.75 Bn 662.00 Mn 12.04%
5 Kodiak Gas Services 6.31 Bn 6.18 Bn 246.76 Mn -25.76%
6 Tidewater 4.69 Bn 4.07 Bn 161.54 Mn 15.23%
7 USA Compression Partners 3.95 Bn 3.94 Bn 217.36 Mn 37.32%
8 National Energy Services Reunited 3.50 Bn 3.32 Bn 81.29 Mn 19.19%
9 Liberty Energy 3.36 Bn 2.80 Bn 208.34 Mn -7.64%
10 Select Water Solutions 2.55 Bn 2.61 Bn 76.84 Mn 3.97%
Historic Data

Historic Data

Download Data
DateValue
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%
Sep 30, 2021 11.11%