Halliburton (HAL) Return on Equity [ROE] (2009 - 2026)
Halliburton's Return on Equity [ROE] was 14.73% in Q2 2026, down 3.19 percentage points from 17.91% a year earlier but up 0.17 percentage points from the prior quarter.
Halliburton (HAL) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Equity [ROE] at Halliburton came in at 12.27%, down 12.91 percentage points from FY2024.
- Return on Equity [ROE] shows a five-year change of +57.51 percentage points (FY2020 to FY2025).
- In earlier years, Return on Equity [ROE] was 25.18% in FY2024 (-5.40 pp), 30.58% in FY2023 (+8.89 pp), 21.69% in FY2022 (-3.38 pp) and 25.07% in FY2021 (+70.30 pp).
- Quarterly Return on Equity [ROE] has moved between 7.44% (Q3 2021) and 29.69% (Q3 2023) over five years.
- Compared with a year earlier, Return on Equity [ROE] has declined for nine straight quarters, with an average year-over-year change of -7.34 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q3 2021 (a gain of 91.47 percentage points); the worst was Q3 2025 (a drop of 12.52 percentage points).
- Per Business Quant data, HAL's Return on Equity [ROE] in the three quarters before Q2 2026 was 14.56% (Q1 2026), 12.45% (Q4 2025) and 12.67% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 11.54% |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 15.79% |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 35.41% |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 14.73% |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 1.58% |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | 3.30% |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | -20.01% |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 21.25% |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 29.24% |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | 4.83% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.73% |
| Mar 31, 2026 | 14.56% |
| Dec 31, 2025 | 12.45% |
| Sep 30, 2025 | 12.67% |
| Jun 30, 2025 | 17.91% |
| Mar 31, 2025 | 20.14% |
| Dec 31, 2024 | 24.08% |
| Sep 30, 2024 | 25.19% |
| Jun 30, 2024 | 27.50% |
| Mar 31, 2024 | 27.37% |
| Dec 31, 2023 | 28.59% |
| Sep 30, 2023 | 29.69% |
| Jun 30, 2023 | 28.94% |
| Mar 31, 2023 | 24.19% |
| Dec 31, 2022 | 20.42% |
| Sep 30, 2022 | 23.75% |
| Jun 30, 2022 | 20.42% |
| Mar 31, 2022 | 22.69% |
| Dec 31, 2021 | 23.64% |
| Sep 30, 2021 | 7.44% |
Halliburton Return on Equity [ROE] 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=return-on-equity-%5Broe%5D&ticker=HAL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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=return-on-equity-%5Broe%5D&ticker=HAL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();