Halliburton (HAL) Net Margin (2009 - 2026)
Halliburton's Net Margin came in at 7.31% for Q3 2026, up 6.99 percentage points from 0.32% a year earlier but down 2.03 percentage points from the prior quarter.
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Analysis
Halliburton (HAL) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Halliburton reported Net Margin of 8.90%, up 2.99 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 has increased for three consecutive quarters, with an average year-over-year change of -1.07 percentage points over the last eight quarters.
- 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 9.35% (Q2 2026), 8.53% (Q1 2026) and 10.41% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.81 Bn | 70.26 Bn | 1.57 Bn | 7.78% |
| 2 | Baker Hughes | 47.88 Bn | 9.61 Bn | 1.96 Bn | 5.12% |
| 3 | Halliburton | 26.33 Bn | 18.23 Bn | 840.00 Mn | 7.31% |
| 4 | TechnipFMC | 25.25 Bn | 21.22 Bn | 728.70 Mn | 14.45% |
| 5 | Noble | 6.55 Bn | 4.63 Bn | 228.22 Mn | -16.06% |
| 6 | Nov | 6.31 Bn | 1.20 Bn | 439.00 Mn | 4.04% |
| 7 | Weatherford International | 6.04 Bn | 1.78 Bn | 374.00 Mn | 10.50% |
| 8 | Transocean | 5.85 Bn | 3.89 Bn | 348.00 Mn | 2.77% |
| 9 | Valaris | 5.52 Bn | 3.27 Bn | 176.30 Mn | 7.77% |
| 10 | Kodiak Gas Services | 4.21 Bn | 3.97 Bn | 246.76 Mn | 13.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.31% |
| 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% |
API Access
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_KEYimport 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();