Halliburton (HAL) Return on Equity [ROE] (2009 - 2026)
Halliburton's Return on Equity [ROE] was 18.10% in Q3 2026, up 5.43 percentage points from 12.67% a year earlier and up 3.37 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).
- The Q3 2026 figure marks the highest quarterly Return on Equity [ROE] since Q1 2025.
- Compared with a year earlier, Return on Equity [ROE] was higher in 1 of the last eight quarters, with an average year-over-year change of -6.10 percentage points.
- The best year-over-year quarter for Return on Equity [ROE] over five years was Q4 2021 (a gain of 81.40 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 Q3 2026 was 14.73% (Q2 2026), 14.56% (Q1 2026) and 12.45% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.81 Bn | 70.26 Bn | 1.57 Bn | 11.59% |
| 2 | Baker Hughes | 47.88 Bn | 9.61 Bn | 1.96 Bn | 14.41% |
| 3 | Halliburton | 26.33 Bn | 18.23 Bn | 840.00 Mn | 18.10% |
| 4 | TechnipFMC | 25.25 Bn | 21.22 Bn | 728.70 Mn | 38.85% |
| 5 | Noble | 6.55 Bn | 4.63 Bn | 228.22 Mn | 1.22% |
| 6 | Nov | 6.31 Bn | 1.20 Bn | 439.00 Mn | 2.39% |
| 7 | Weatherford International | 6.04 Bn | 1.78 Bn | 374.00 Mn | 21.95% |
| 8 | Transocean | 5.85 Bn | 3.89 Bn | 348.00 Mn | 3.47% |
| 9 | Valaris | 5.52 Bn | 3.27 Bn | 176.30 Mn | 24.42% |
| 10 | Kodiak Gas Services | 4.21 Bn | 3.97 Bn | 246.76 Mn | 4.83% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.10% |
| 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% |
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();