Halliburton (HAL) Invested Capital (2009 - 2026)
Halliburton (HAL) reported Invested Capital of $11.25 billion for Q3 2026, up 5.9% from $10.63 billion a year earlier and up 1.0% from the prior quarter.
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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 (+7.2%).
- The Q3 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 17.9%.
- 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 Q3 2026 came in at $11.14 billion (Q2 2026), $10.92 billion (Q1 2026) and $10.51 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | 40.01 Bn |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | 38.83 Bn |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | 18.23 Bn |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | 3.74 Bn |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn | 6.18 Bn |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn | 8.02 Bn |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn | 3.47 Bn |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn | 13.47 Bn |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn | 4.36 Bn |
| 10 | Kodiak Gas Services | 4.28 Bn | 3.96 Bn | 259.04 Mn | 4.96 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.23 Bn |
| Jun 30, 2026 | 18.12 Bn |
| Mar 31, 2026 | 17.90 Bn |
| Dec 31, 2025 | 17.66 Bn |
| Sep 30, 2025 | 17.40 Bn |
| Jun 30, 2025 | 17.71 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 |
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();