Halliburton (HAL) Gross Margin (2009 - 2026)
Halliburton (HAL) posted Gross Margin of 14.07% for Q2 2026, down 0.79 percentage points from 14.86% a year earlier and down 0.42 percentage points from the prior quarter.
Halliburton (HAL) Gross Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Halliburton was 15.08%, down 1.99 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).
- The Q2 2026 figure stands as the lowest quarterly Gross Margin since Q1 2022.
- On a year-over-year basis, Gross Margin has declined in each of the last eight quarters, with an average year-over-year change of -2.08 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 14.49% (Q1 2026), 16.44% (Q4 2025) and 15.29% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 15.55% |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 23.46% |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | 24.78% |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | 14.07% |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 24.41% |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | 33.25% |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 30.14% |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 37.06% |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | 22.94% |
| 10 | Kodiak Gas Services | 5.32 Bn | 5.09 Bn | 246.76 Mn | 63.09% |
Historic Data
| Date | Value |
|---|---|
| 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% |
| Sep 30, 2021 | 13.06% |
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_KEY
import 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();