Halliburton (HAL) Return on Capital Employed (2009 - 2026)
Halliburton's (HAL) quarterly Return on Capital Employed came in at 12.84% in Q1 2026, down 386.0% year-on-year from 4.49% in Q1 2025, and up 10.75% on a QoQ basis from 11.59% in Q4 2025.
Halliburton (HAL) Return on Capital Employed (2009 - 2026) Analysis & Trends
Halliburton (HAL) has 17 years of Return on Capital Employed data on file, last reported at 12.84% in Q1 2026.
- On a quarterly basis, Return on Capital Employed fell 386.0% year-over-year to 12.84% in Q1 2026; TTM through Mar 2026 was 12.84%, a 386.0% decrease from a year earlier, with the FY2025 full-year figure at 11.47%, down 856.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 12.84%, up from 11.59% in the prior quarter.
- Over the last five years, Return on Capital Employed for HAL reached as high as 21.54% in Q4 2023 and fell as low as 10.75% in Q2 2022.
- Historically, Return on Capital Employed has averaged 16.6% across 5 years, with a median of 16.7% in 2025.
- Across the five-year window, Return on Capital Employed jumped 2005 bps in 2022 and sank 810 bps in 2025, its largest moves.
- Year by year, Return on Capital Employed stood at 15.41% in 2022, then soared by 40 bps to 21.54% in 2023, then fell by 9 bps to 19.69% in 2024, then sank by 41 bps to 11.59% in 2025, then advanced by 11 bps to 12.84% in 2026.
- Per Business Quant data, the three most recent Return on Capital Employed figures were 12.84% in Q1 2026, 11.59% in Q4 2025, and 12.66% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 11.74% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 27.54% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 12.84% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 5.18% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 16.47% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 20.44% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 15.00% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 8.84% |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 12.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.84% |
| Dec 31, 2025 | 11.59% |
| Sep 30, 2025 | 12.66% |
| Jun 30, 2025 | 15.24% |
| Mar 31, 2025 | 16.70% |
| Dec 31, 2024 | 19.69% |
| Sep 30, 2024 | 19.96% |
| Jun 30, 2024 | 21.29% |
| Mar 31, 2024 | 21.22% |
| Dec 31, 2023 | 21.54% |
| Sep 30, 2023 | 21.24% |
| Jun 30, 2023 | 20.59% |
| Mar 31, 2023 | 17.46% |
| Dec 31, 2022 | 15.41% |
| Sep 30, 2022 | 13.01% |
| Jun 30, 2022 | 10.75% |
| Mar 31, 2022 | 10.93% |
| Dec 31, 2021 | 10.36% |
| Sep 30, 2021 | 6.78% |
| Jun 30, 2021 | 5.18% |