Halliburton (HAL) Invested Capital (2009 - 2026)
Halliburton (HAL) reported Invested Capital of $17.9 billion for Q1 2026, up 65.85% year-over-year from $10.8 billion in Q1 2025, and up 1.57% quarter-over-quarter from $17.6 billion in Q4 2025.
Halliburton (HAL) Invested Capital (2009 - 2026) Analysis & Trends
Halliburton (HAL) has 18 years of Invested Capital data on file, last reported at $17.9 billion in Q1 2026.
- Invested Capital for Q1 2026 came in at $17.9 billion, up 65.85% year-over-year; the trailing twelve-month figure through Mar 2026 was $17.9 billion (up 65.85% YoY), and the FY2025 annual result was $17.6 billion, down 0.5% from the prior year.
- Invested Capital rose to $17.9 billion in Q1 2026 per HAL's latest filing, from $17.6 billion in the prior quarter.
- Over five years, Invested Capital peaked at $17.9 billion in Q1 2026 and troughed at $7.0 billion in Q1 2022.
- A 5-year average of $11.9 billion and a median of $10.0 billion in 2024 frame the typical range for Invested Capital.
- The sharpest annual moves came in 2023 and 2025: Invested Capital surged 116.0% in 2023, then decreased 0.5% in 2025.
- A 5-year view of Invested Capital shows it stood at $8.0 billion in 2022, then surged by 116.0% to $17.2 billion in 2023, then gained by 2.77% to $17.7 billion in 2024, then dropped by 0.5% to $17.6 billion in 2025, then increased by 1.57% to $17.9 billion in 2026.
- Business Quant data shows HAL's Invested Capital at $17.9 billion in Q1 2026, $17.6 billion in Q4 2025, and $17.4 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 26.18 Bn |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 20.18 Bn |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 17.90 Bn |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 3.78 Bn |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 1.37 Bn |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 6.30 Bn |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 2.94 Bn |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 2.22 Bn |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 3.96 Bn |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 2.23 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.90 Bn |
| Dec 31, 2025 | 17.62 Bn |
| Sep 30, 2025 | 17.40 Bn |
| Jun 30, 2025 | 17.71 Bn |
| Mar 31, 2025 | 10.79 Bn |
| Dec 31, 2024 | 17.71 Bn |
| Sep 30, 2024 | 10.35 Bn |
| Jun 30, 2024 | 10.05 Bn |
| Mar 31, 2024 | 9.68 Bn |
| Dec 31, 2023 | 17.23 Bn |
| Sep 30, 2023 | 9.19 Bn |
| Jun 30, 2023 | 8.73 Bn |
| Mar 31, 2023 | 8.45 Bn |
| Dec 31, 2022 | 7.98 Bn |
| Sep 30, 2022 | 7.65 Bn |
| Jun 30, 2022 | 7.15 Bn |
| Mar 31, 2022 | 7.03 Bn |
| Dec 31, 2021 | 6.74 Bn |
| Sep 30, 2021 | 5.70 Bn |
| Jun 30, 2021 | 5.94 Bn |