Halliburton (HAL) Gross Margin (2009 - 2026)

Halliburton's (HAL) quarterly Gross Margin came in at 37.69% in Q1 2026, down 165.0% year-on-year from 57.98% in Q1 2025, and down 50.88% on a QoQ basis from 76.74% in Q4 2025.

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

Halliburton (HAL) has 18 years of Gross Margin data on file, last reported at 37.69% in Q1 2026.

  • On a quarterly basis, Gross Margin fell 165.0% year-over-year to 37.69% in Q1 2026; TTM through Mar 2026 was 47.69%, a 3942.0% decrease from a year earlier, with the FY2025 full-year figure at 77.06%, down 39.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 37.69%, down from 76.74% in the prior quarter.
  • Over the last five years, Gross Margin for HAL reached as high as 189.71% in Q4 2024 and fell as low as 36.74% in Q1 2022.
  • Historically, Gross Margin has averaged 63.96% across 5 years, with a median of 43.37% in 2023.
  • Across the five-year window, Gross Margin surged 14634 bps in 2024 and tumbled 11298 bps in 2025, its largest moves.
  • Year by year, Gross Margin stood at 77.66% in 2022, then sank by 44 bps to 43.37% in 2023, then jumped by 337 bps to 189.71% in 2024, then sank by 60 bps to 76.74% in 2025, then slumped by 51 bps to 37.69% in 2026.
  • Per Business Quant data, the three most recent Gross Margin figures were 37.69% in Q1 2026, 76.74% in Q4 2025, and 37.8% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 61.69%
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 33.87%
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 65.69%
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 37.69%
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 18.47%
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 70.23%
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 66.20%
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 18.38%
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 64.46%
10 Tidewater 3.87 Bn 3.32 Bn 160.04 Mn 49.06%

Historic Data

Download Data
DateValue
Mar 31, 2026 37.69%
Dec 31, 2025 76.74%
Sep 30, 2025 37.80%
Jun 30, 2025 37.73%
Mar 31, 2025 39.34%
Dec 31, 2024 189.71%
Sep 30, 2024 41.00%
Jun 30, 2024 77.83%
Mar 31, 2024 77.71%
Dec 31, 2023 43.37%
Sep 30, 2023 42.30%
Jun 30, 2023 77.30%
Mar 31, 2023 78.03%
Dec 31, 2022 77.66%
Sep 30, 2022 39.31%
Jun 30, 2022 77.02%
Mar 31, 2022 36.74%
Dec 31, 2021 37.88%
Sep 30, 2021 36.09%
Jun 30, 2021 77.02%