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| 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% |