Halliburton (HAL) Net Margin (2009 - 2026)
Halliburton (HAL) posted quarterly Net Margin of 9.42% for Q2 2026, up 70.0% year-over-year from 5.54% in Q2 2025, and up 9.62% quarter-over-quarter from 8.59% in Q1 2026.
Halliburton (HAL) Net Margin (2009 - 2026) Analysis & Trends
Halliburton (HAL) has reported Net Margin for 18 consecutive years, with 9.42% the latest figure, recorded in Q2 2026.
- In Q2 2026, Net Margin rose 70.0% year-over-year to 9.42%; the TTM figure through Jun 2026 stood at 7.33% (down 111.0% YoY), while the FY2025 annual figure was 5.95%, down 501.0% from the prior year.
- Net Margin improved to 9.42% in Q2 2026 per HAL's latest filing, from 8.59% in the prior quarter.
- Across five years, Net Margin topped out at 12.47% in Q3 2023 and bottomed at 0.36% in Q3 2025.
- Historically, Net Margin has averaged 9.03% across 5 years, with a median of 10.37% in 2022.
- Annual changes were most pronounced in 2023 — Net Margin surged 832 bps — and 2025, when it tumbled 982 bps.
- Halliburton's Net Margin stood at 11.34% in 2022, then rose by 8 bps to 12.27% in 2023, then dropped by 11 bps to 10.94% in 2024, then fell by 0 bps to 10.92% in 2025, then decreased by 14 bps to 9.42% in 2026.
- Business Quant data shows HAL's Net Margin at 9.42% in Q2 2026, 8.59% in Q1 2026, and 10.92% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 9.08% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 10.12% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | 16.08% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 13.24% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 9.42% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 5.44% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 3.80% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 13.33% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 18.09% |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 8.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 9.42% |
| Mar 31, 2026 | 8.59% |
| Dec 31, 2025 | 10.92% |
| 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 | 20.46% |
| Sep 30, 2021 | 6.22% |