Halliburton HAL
NYSE HAL
$36.07 -1.06 (-2.85%)
As of: Sep 10, 2026 · 12:00 PM EDT

Halliburton (HAL) Gross Margin (2009 - 2026)

Halliburton's (HAL) quarterly Gross Margin came in at 36.8% in Q2 2026, down 93.0% year-over-year from 525.78% in Q2 2025, and down 2.35% quarter-over-quarter from 37.69% in Q1 2026.

Analysis

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

Halliburton (HAL) has reported Gross Margin for 18 consecutive years, with 36.8% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin fell 93.0% year-over-year to 36.8% in Q2 2026; TTM through Jun 2026 was 38.0%, a 199.0% decrease from a year earlier, with the FY2025 full-year figure at 38.64%, down 265.0% from the prior year.
  • Gross Margin was 36.8% for Q2 2026 at Halliburton, down from 37.69% in the prior quarter.
  • Over five years, Gross Margin peaked at 43.37% in Q4 2023 and troughed at 36.74% in Q1 2022.
  • A 5-year average of 39.82% and a median of 39.91% in 2023 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin surged 339 bps in 2023 and slumped 369 bps in 2025, its largest moves.
  • Over 5 years, Gross Margin stood at 40.94% in 2022, then climbed by 6 bps to 43.37% in 2023, then dropped by 4 bps to 41.82% in 2024, then decreased by 5 bps to 39.7% in 2025, then fell by 7 bps to 36.8% in 2026.
  • The last three Gross Margin figures came in at 36.8% (Q2 2026), 37.69% (Q1 2026), and 39.7% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Slb 82.97 Bn 78.90 Bn 4.63 Bn 51.63%
2 Baker Hughes 58.79 Bn 43.06 Bn 1.58 Bn 23.46%
3 Halliburton 30.10 Bn 28.05 Bn 2.10 Bn 36.80%
4 Weatherford International 6.44 Bn 5.30 Bn 662.00 Mn 59.91%
5 Kodiak Gas Services 6.10 Bn 5.96 Bn 246.76 Mn 63.09%
6 Tidewater 4.58 Bn 3.96 Bn 161.54 Mn 47.19%
7 USA Compression Partners 4.02 Bn 4.01 Bn 217.36 Mn 63.53%
8 Liberty Energy 3.45 Bn 2.90 Bn 208.34 Mn 17.53%
9 National Energy Services Reunited 3.39 Bn 3.21 Bn 81.29 Mn 15.61%
10 Select Water Solutions 2.81 Bn 2.77 Bn 76.84 Mn 19.41%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 36.80%
Mar 31, 2026 37.69%
Dec 31, 2025 39.70%
Sep 30, 2025 37.80%
Jun 30, 2025 37.73%
Mar 31, 2025 39.34%
Dec 31, 2024 41.82%
Sep 30, 2024 41.00%
Jun 30, 2024 41.42%
Mar 31, 2024 40.94%
Dec 31, 2023 43.37%
Sep 30, 2023 42.30%
Jun 30, 2023 41.29%
Mar 31, 2023 40.13%
Dec 31, 2022 40.94%
Sep 30, 2022 39.31%
Jun 30, 2022 38.45%
Mar 31, 2022 36.74%
Dec 31, 2021 37.88%
Sep 30, 2021 36.09%