Halliburton (HAL) Gross Margin (2009 - 2026)
Halliburton (HAL) posted Gross Margin of 14.73% for Q3 2026, down 0.56 percentage points from 15.29% a year earlier but up 0.66 percentage points from the prior quarter.
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Analysis
Halliburton (HAL) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, Gross Margin at Halliburton was 14.94%, down 1.24 percentage points year-over-year; for FY2025, it came in at 15.71%, down 3.04 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +5.01 percentage points (FY2020 to FY2025).
- In prior years, Halliburton's Gross Margin was 18.75% in FY2024 (-0.20 pp), 18.94% in FY2023 (+2.62 pp), 16.32% in FY2022 (+3.14 pp) and 13.18% in FY2021 (+2.49 pp).
- Quarterly Gross Margin has run from a low of 13.66% in Q1 2022 to a high of 19.74% in Q4 2023 over five years.
- On a year-over-year basis, Gross Margin has declined in each of the last nine quarters, with an average year-over-year change of -2.09 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2023, with a gain of 4.51 percentage points; the weakest was Q2 2025, with a drop of 4.39 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 14.07% (Q2 2026), 14.49% (Q1 2026) and 16.44% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.81 Bn | 70.26 Bn | 1.57 Bn | 16.57% |
| 2 | Baker Hughes | 47.88 Bn | 9.61 Bn | 1.96 Bn | 24.39% |
| 3 | Halliburton | 26.33 Bn | 18.23 Bn | 840.00 Mn | 14.73% |
| 4 | TechnipFMC | 25.25 Bn | 21.22 Bn | 728.70 Mn | 25.16% |
| 5 | Noble | 6.55 Bn | 4.63 Bn | 228.22 Mn | 31.32% |
| 6 | Nov | 6.31 Bn | 1.20 Bn | 439.00 Mn | 19.72% |
| 7 | Weatherford International | 6.04 Bn | 1.78 Bn | 374.00 Mn | 32.72% |
| 8 | Transocean | 5.85 Bn | 3.89 Bn | 348.00 Mn | 37.14% |
| 9 | Valaris | 5.52 Bn | 3.27 Bn | 176.30 Mn | 29.70% |
| 10 | Kodiak Gas Services | 4.21 Bn | 3.97 Bn | 246.76 Mn | 63.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 14.73% |
| Jun 30, 2026 | 14.07% |
| Mar 31, 2026 | 14.49% |
| Dec 31, 2025 | 16.44% |
| Sep 30, 2025 | 15.29% |
| Jun 30, 2025 | 14.86% |
| Mar 31, 2025 | 16.23% |
| Dec 31, 2024 | 18.29% |
| Sep 30, 2024 | 18.78% |
| Jun 30, 2024 | 19.25% |
| Mar 31, 2024 | 18.64% |
| Dec 31, 2023 | 19.74% |
| Sep 30, 2023 | 19.26% |
| Jun 30, 2023 | 18.59% |
| Mar 31, 2023 | 18.16% |
| Dec 31, 2022 | 18.60% |
| Sep 30, 2022 | 16.89% |
| Jun 30, 2022 | 15.47% |
| Mar 31, 2022 | 13.66% |
| Dec 31, 2021 | 14.24% |
API Access
Halliburton Gross Margin 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=gross-margin&ticker=HAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "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=gross-margin&ticker=HAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();