Halliburton (HAL) Net Margin (2009 - 2026)
Halliburton's Net Margin came in at 9.35% for Q2 2026, up 0.78 percentage points from 8.57% a year earlier and up 0.81 percentage points from the prior quarter.
Halliburton (HAL) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Halliburton reported Net Margin of 7.16%, down 1.21 percentage points year-over-year; for FY2025, it was 5.78%, down 5.12 percentage points from FY2024.
- Net Margin carries a five-year change of +26.17 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 10.90% in FY2024 (-0.56 pp), 11.46% in FY2023 (+3.72 pp), 7.74% in FY2022 (-1.78 pp) and 9.53% in FY2021 (+29.91 pp).
- The five-year range for quarterly Net Margin is 0.32% (Q3 2025) to 19.27% (Q4 2021).
- Year-over-year, Net Margin increased in two of the last eight quarters, with an average year-over-year change of -2.23 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q4 2021 (a gain of 26.53 percentage points), and the weakest in Q3 2025 (a drop of 9.70 percentage points).
- Business Quant data shows HAL's Net Margin at 8.53% (Q1 2026), 10.41% (Q4 2025) and 0.32% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 8.76% |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 10.10% |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | 13.13% |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | 9.35% |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 5.25% |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | -5.10% |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 3.53% |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 17.60% |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | 9.35% |
| 10 | Kodiak Gas Services | 5.32 Bn | 5.09 Bn | 246.76 Mn | 13.29% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.35% |
| Mar 31, 2026 | 8.53% |
| Dec 31, 2025 | 10.41% |
| Sep 30, 2025 | 0.32% |
| Jun 30, 2025 | 8.57% |
| Mar 31, 2025 | 3.77% |
| Dec 31, 2024 | 10.96% |
| Sep 30, 2024 | 10.02% |
| Jun 30, 2024 | 12.15% |
| Mar 31, 2024 | 10.44% |
| Dec 31, 2023 | 11.52% |
| Sep 30, 2023 | 12.34% |
| Jun 30, 2023 | 10.52% |
| Mar 31, 2023 | 11.47% |
| Dec 31, 2022 | 11.75% |
| Sep 30, 2022 | 10.15% |
| Jun 30, 2022 | 2.15% |
| Mar 31, 2022 | 6.14% |
| Dec 31, 2021 | 19.27% |
| Sep 30, 2021 | 6.11% |
Halliburton Net Margin 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=net-margin&ticker=HAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=HAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();