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
DateValue
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%