Halliburton (HAL) Invested Capital (2009 - 2026)
Halliburton (HAL) reported Invested Capital of $11.14 billion for Q2 2026, up 2.0% from $10.93 billion a year earlier and up 2.1% from the prior quarter.
Powered by 
Analysis
Halliburton (HAL) Invested Capital (2009 - 2026) Analysis & Trends
For FY2025, Halliburton posted Invested Capital of $10.51 billion, down 41.9% from FY2024.
- Invested Capital has a five-year compound annual growth rate of -6.6% (FY2020 to FY2025).
- By year, Invested Capital came in at $18.09 billion in FY2024 (+6.0%), $17.07 billion in FY2023 (+7.3%), $15.91 billion in FY2022 (+0.2%) and $15.87 billion in FY2021 (+7.1%).
- The Q2 2026 figure ranks as the highest quarterly Invested Capital since Q1 2025.
- Year over year, Invested Capital gained in four of the last eight quarters, with an average decline of 17.8%.
- The high point for year-over-year Invested Capital in five years was Q3 2023 (growth of 9.0%); the low point was Q4 2025 (a decline of 41.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $10.92 billion (Q1 2026), $10.51 billion (Q4 2025) and $10.63 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 40.05 Bn |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 36.34 Bn |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 3.68 Bn |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 11.14 Bn |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 7.97 Bn |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | 6.37 Bn |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 13.49 Bn |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 3.27 Bn |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 4.31 Bn |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | 4.89 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.14 Bn |
| Mar 31, 2026 | 10.92 Bn |
| Dec 31, 2025 | 10.51 Bn |
| Sep 30, 2025 | 10.63 Bn |
| Jun 30, 2025 | 10.93 Bn |
| Mar 31, 2025 | 17.95 Bn |
| Dec 31, 2024 | 18.09 Bn |
| Sep 30, 2024 | 17.99 Bn |
| Jun 30, 2024 | 17.68 Bn |
| Mar 31, 2024 | 17.32 Bn |
| Dec 31, 2023 | 17.07 Bn |
| Sep 30, 2023 | 16.97 Bn |
| Jun 30, 2023 | 16.66 Bn |
| Mar 31, 2023 | 16.37 Bn |
| Dec 31, 2022 | 15.91 Bn |
| Sep 30, 2022 | 15.57 Bn |
| Jun 30, 2022 | 15.67 Bn |
| Mar 31, 2022 | 15.56 Bn |
| Dec 31, 2021 | 15.87 Bn |
| Sep 30, 2021 | 14.83 Bn |
API Access
Halliburton Invested Capital 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=invested-capital&ticker=HAL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "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=invested-capital&ticker=HAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();