Halliburton (HAL) FCF Margin (2009 - 2026)
Halliburton (HAL) posted quarterly FCF Margin of 10.31% for 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.
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.
- In Q2 2026, FCF Margin rose 47.0% year-over-year to 10.31%; the TTM figure through Jun 2026 stood at 7.71% (down 196.0% YoY), while the FY2025 annual figure was 7.54%, down 302.0% from the prior year.
- FCF Margin advanced to 10.31% in Q2 2026 per HAL's latest filing, from 1.5% in the prior quarter.
- Across five years, FCF Margin topped out at 18.36% in Q4 2024 and bottomed at 5.58% in Q1 2022.
- Historically, FCF Margin has averaged 7.86% across 5 years, with a median of 9.09% in 2022.
- Annual changes were most pronounced in 2022 — FCF Margin sank 845 bps — and 2023, when it surged 986 bps.
- Halliburton's FCF Margin stood at 14.56% in 2022, then grew by 21 bps to 17.62% in 2023, then gained by 4 bps to 18.36% in 2024, then dropped by 20 bps to 14.64% in 2025, then dropped by 30 bps to 10.31% in 2026.
- Business Quant data shows HAL's FCF Margin at 10.31% in Q2 2026, 1.5% in Q1 2026, and 14.64% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 10.03% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 15.50% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 0.00% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 17.66% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 10.31% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | -3.00% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 12.04% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | -25.76% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 16.92% |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 4.17% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |