Halliburton (HAL) Tax Rate (2009 - 2026)
Halliburton (HAL) posted quarterly Tax Rate of 18.98% for Q2 2026, down 246.0% year-over-year from 13.0% in Q2 2025, and up 2.83% quarter-over-quarter from 18.45% in Q1 2026.
Halliburton (HAL) Tax Rate (2009 - 2026) Analysis & Trends
Halliburton (HAL) has reported Tax Rate for 18 consecutive years, with 18.98% the latest figure, recorded in Q2 2026.
- In Q2 2026, Tax Rate fell 246.0% year-over-year to 18.98%; the TTM figure through Jun 2026 stood at 22.5% (down 70.0% YoY), while the FY2025 annual figure was 26.61%, up 441.0% from the prior year.
- Tax Rate advanced to 18.98% in Q2 2026 per HAL's latest filing, from 18.45% in the prior quarter.
- Across five years, Tax Rate topped out at 90.87% in Q3 2025 and bottomed at 6.93% in Q4 2025.
- Historically, Tax Rate has averaged 26.41% across 5 years, with a median of 21.38% in 2023.
- Annual changes were most pronounced in 2022 — Tax Rate jumped 10962 bps — and 2023, when it tumbled 2802 bps.
- Halliburton's Tax Rate stood at 21.85% in 2022, then declined by 12 bps to 19.27% in 2023, then increased by 17 bps to 22.57% in 2024, then slumped by 69 bps to 6.93% in 2025, then jumped by 174 bps to 18.98% in 2026.
- Business Quant data shows HAL's Tax Rate at 18.98% in Q2 2026, 18.45% in Q1 2026, and 6.93% in Q4 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 20.02% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.54% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -14.27% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 23.78% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 18.98% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 26.11% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 44.00% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 28.81% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 27.77% |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 26.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.98% |
| Jun 30, 2026 | 18.98% |
| Jun 30, 2026 | 18.98% |
| Mar 31, 2026 | 18.45% |
| Mar 31, 2026 | 18.45% |
| Mar 31, 2026 | 18.45% |
| Dec 31, 2025 | 6.93% |
| Dec 31, 2025 | 6.93% |
| Dec 31, 2025 | 6.93% |
| Sep 30, 2025 | 90.87% |
| Sep 30, 2025 | 90.87% |
| Sep 30, 2025 | 90.87% |
| Jun 30, 2025 | 21.44% |
| Jun 30, 2025 | 21.44% |
| Jun 30, 2025 | 21.44% |
| Mar 31, 2025 | 33.66% |
| Mar 31, 2025 | 33.66% |
| Mar 31, 2025 | 33.66% |
| Dec 31, 2024 | 22.57% |
| Dec 31, 2024 | 22.57% |