Halliburton (HAL) Net Margin (2009 - 2026)
Halliburton's (HAL) quarterly Net Margin came in at 8.59% in Q1 2026, up 484.0% year-on-year from 1.47% in Q1 2025, and down 25.7% on a QoQ basis from 11.56% in Q4 2025.
Halliburton (HAL) Net Margin (2009 - 2026) Analysis & Trends
Halliburton (HAL) has 18 years of Net Margin data on file, last reported at 8.59% in Q1 2026.
- On a quarterly basis, Net Margin rose 484.0% year-over-year to 8.59% in Q1 2026; TTM through Mar 2026 was 7.3%, a 206.0% decrease from a year earlier, with the FY2025 full-year figure at 5.95%, down 501.0% from the prior year.
- Net Margin for Q1 2026 stood at 8.59%, down from 11.56% in the prior quarter.
- Over the last five years, Net Margin for HAL reached as high as 12.47% in Q3 2023 and fell as low as 0.36% in Q3 2025.
- Historically, Net Margin has averaged 9.05% across 5 years, with a median of 10.49% in 2024.
- Across the five-year window, Net Margin soared 832 bps in 2023 and sank 982 bps in 2025, its largest moves.
- Year by year, Net Margin stood at 11.34% in 2022, then advanced by 8 bps to 12.27% in 2023, then fell by 11 bps to 10.94% in 2024, then advanced by 6 bps to 11.56% in 2025, then retreated by 26 bps to 8.59% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 8.59% in Q1 2026, 11.56% in Q4 2025, and 0.36% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 8.73% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 17.44% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 10.43% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 8.59% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 0.97% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 3.80% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 19.87% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 5.21% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 5.17% |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 1.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.59% |
| Dec 31, 2025 | 11.56% |
| Sep 30, 2025 | 0.36% |
| Jun 30, 2025 | 8.71% |
| Mar 31, 2025 | 3.75% |
| Dec 31, 2024 | 10.94% |
| Sep 30, 2024 | 10.18% |
| Jun 30, 2024 | 12.22% |
| Mar 31, 2024 | 10.49% |
| Dec 31, 2023 | 12.27% |
| Sep 30, 2023 | 12.47% |
| Jun 30, 2023 | 10.62% |
| Mar 31, 2023 | 11.54% |
| Dec 31, 2022 | 11.34% |
| Sep 30, 2022 | 10.25% |
| Jun 30, 2022 | 2.31% |
| Mar 31, 2022 | 6.16% |
| Dec 31, 2021 | 19.34% |
| Sep 30, 2021 | 6.22% |
| Jun 30, 2021 | 6.20% |