Halliburton (HAL) Free Cash Flow (2009 - 2026)
Halliburton's Free Cash Flow came in at $102 million for Q3 2026, down 55.1% from $227 million a year earlier and down 82.7% from the prior quarter.
Halliburton (HAL) Free Cash Flow (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Halliburton reported Free Cash Flow of $1.6 billion, down 14.6% year-over-year; for FY2025, it was $1.67 billion, down 31.0% from FY2024.
- Free Cash Flow carries a five-year compound annual growth rate of 7.7% (FY2020 to FY2025).
- Going back by year, Free Cash Flow was $2.42 billion in FY2024 (+16.5%), $2.08 billion in FY2023 (+68.9%), $1.23 billion in FY2022 (+10.7%) and $1.11 billion in FY2021 (-3.6%).
- The five-year range for quarterly Free Cash Flow is -$239 million (Q1 2022) to $1.03 billion (Q4 2024).
- Year-over-year, Free Cash Flow increased in three of the last eight quarters, with an average decline of 23.7%.
- The fastest year-over-year change in Free Cash Flow over five years came in Q2 2023 (growth of 383.2%), and the weakest in Q3 2026 (a decline of 55.1%).
- Business Quant data shows HAL's Free Cash Flow at $589 million (Q2 2026), $81 million (Q1 2026) and $828 million (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.81 Bn | 70.26 Bn | 1.57 Bn | 1.03 Bn |
| 2 | Baker Hughes | 47.88 Bn | 9.61 Bn | 1.96 Bn | 734.00 Mn |
| 3 | Halliburton | 26.33 Bn | 18.23 Bn | 840.00 Mn | 102.00 Mn |
| 4 | TechnipFMC | 25.25 Bn | 21.22 Bn | 728.70 Mn | 469.70 Mn |
| 5 | Noble | 6.55 Bn | 4.63 Bn | 228.22 Mn | -47.51 Mn |
| 6 | Nov | 6.31 Bn | 1.20 Bn | 439.00 Mn | -47.00 Mn |
| 7 | Weatherford International | 6.04 Bn | 1.78 Bn | 374.00 Mn | 147.00 Mn |
| 8 | Transocean | 5.85 Bn | 3.89 Bn | 348.00 Mn | 131.00 Mn |
| 9 | Valaris | 5.52 Bn | 3.27 Bn | 176.30 Mn | -54.40 Mn |
| 10 | Kodiak Gas Services | 4.21 Bn | 3.97 Bn | 246.76 Mn | -100.74 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 102.00 Mn |
| Jun 30, 2026 | 589.00 Mn |
| Mar 31, 2026 | 81.00 Mn |
| Dec 31, 2025 | 828.00 Mn |
| Sep 30, 2025 | 227.00 Mn |
| Jun 30, 2025 | 542.00 Mn |
| Mar 31, 2025 | 75.00 Mn |
| Dec 31, 2024 | 1.03 Bn |
| Sep 30, 2024 | 502.00 Mn |
| Jun 30, 2024 | 734.00 Mn |
| Mar 31, 2024 | 157.00 Mn |
| Dec 31, 2023 | 1.01 Bn |
| Sep 30, 2023 | 465.00 Mn |
| Jun 30, 2023 | 749.00 Mn |
| Mar 31, 2023 | -146.00 Mn |
| Dec 31, 2022 | 813.00 Mn |
| Sep 30, 2022 | 502.00 Mn |
| Jun 30, 2022 | 155.00 Mn |
| Mar 31, 2022 | -239.00 Mn |
| Dec 31, 2021 | 366.00 Mn |
Halliburton Free Cash Flow 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=free-cash-flow&ticker=HAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "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=free-cash-flow&ticker=HAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();