Halliburton (HAL) Return on Capital Employed (2009 - 2026)
Halliburton (HAL) reported Return on Capital Employed of 12.84% for Q1 2026, down 386.0% year-over-year from 4.49% in Q1 2025, and up 10.75% quarter-over-quarter 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.
- Return on Capital Employed for Q1 2026 came in at 12.84%, down 386.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.84% (down 386.0% YoY), and the FY2025 annual result was 11.47%, down 856.0% from the prior year.
- Return on Capital Employed climbed to 12.84% in Q1 2026 per HAL's latest filing, from 11.59% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 21.54% in Q4 2023 and troughed at 10.75% in Q2 2022.
- A 5-year average of 16.6% and a median of 16.7% in 2025 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2025: Return on Capital Employed soared 2005 bps in 2022, then tumbled 810 bps in 2025.
- A 5-year view of Return on Capital Employed shows it stood at 15.41% in 2022, then soared by 40 bps to 21.54% in 2023, then slipped by 9 bps to 19.69% in 2024, then plunged by 41 bps to 11.59% in 2025, then increased by 11 bps to 12.84% in 2026.
- Business Quant data shows HAL's Return on Capital Employed at 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 | 82.25 Bn | 80.04 Bn | 4.67 Bn | 36.80% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 35.87% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 12.84% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 27.54% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 2.02% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 4.37% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 19.80% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 20.30% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 8.84% |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 2.37% |
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% |