Halliburton (HAL) Net Margin (2009 - 2026)
Halliburton (HAL) reported Net Margin of 8.59% for Q1 2026, up 484.0% year-over-year from 1.47% in Q1 2025, and down 22.26% quarter-over-quarter from 11.05% 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.
- Net Margin for Q1 2026 came in at 8.59%, up 484.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 7.17% (down 204.0% YoY), and the FY2025 annual result was 5.82%, down 499.0% from the prior year.
- Net Margin slipped to 8.59% in Q1 2026 per HAL's latest filing, from 11.05% in the prior quarter.
- Over five years, Net Margin peaked at 12.47% in Q3 2023 and troughed at 0.36% in Q3 2025.
- A 5-year average of 9.0% and a median of 10.34% in 2024 frame the typical range for Net Margin.
- The sharpest annual moves came in 2023 and 2025: Net Margin surged 832 bps in 2023, then tumbled 982 bps in 2025.
- A 5-year view of Net Margin shows it stood at 11.91% in 2022, then climbed by 2 bps to 12.11% in 2023, then declined by 15 bps to 10.34% in 2024, then rose by 7 bps to 11.05% in 2025, then retreated by 22 bps to 8.59% in 2026.
- Business Quant data shows HAL's Net Margin at 8.59% in Q1 2026, 11.05% in Q4 2025, and 0.36% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 8.73% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 14.24% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 8.59% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 10.43% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 19.98% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.97% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 9.46% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 19.87% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 5.17% |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 2.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.59% |
| Dec 31, 2025 | 11.05% |
| Sep 30, 2025 | 0.36% |
| Jun 30, 2025 | 8.71% |
| Mar 31, 2025 | 3.75% |
| Dec 31, 2024 | 10.34% |
| Sep 30, 2024 | 10.18% |
| Jun 30, 2024 | 12.22% |
| Mar 31, 2024 | 10.49% |
| Dec 31, 2023 | 12.11% |
| Sep 30, 2023 | 12.47% |
| Jun 30, 2023 | 10.62% |
| Mar 31, 2023 | 11.54% |
| Dec 31, 2022 | 11.91% |
| 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% |
| Jun 30, 2021 | 6.20% |