Halliburton profit margin HAL
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 7.2%
- Operating margin, 12 months
- 11.4%
- Net margin on a year earlier
- −1.2 pts
- Peer median
- 9.8%
Over the twelve months to Jun 30, 2026, Halliburton kept 7.2% of its revenue as net profit, with an operating margin of 11.4% and a gross margin of 15.1%.
Five years earlier its net margin was 1.1%.
The median for 8 oilfield services stocks of a similar size is 9.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 5.8% | 10.2% | 15.7% |
| FY2024 | 10.9% | 16.7% | 18.7% |
| FY2023 | 11.5% | 17.7% | 18.9% |
| FY2022 | 7.7% | 13.3% | 16.3% |
| FY2021 | 9.5% | 11.8% | 13.2% |
| FY2020 | −20.4% | −16.9% | 10.7% |
| FY2019 | −5.0% | −2.0% | 10.2% |
| FY2018 | 6.9% | 10.3% | 12.4% |
| FY2017 | −2.2% | 6.7% | 11.0% |
| FY2016 | −36.3% | −42.7% | 5.4% |
| FY2015 | −2.8% | −0.7% | 10.7% |
| FY2014 | 10.6% | 15.5% | 16.2% |
| FY2013 | 7.2% | 10.7% | 15.2% |
| FY2012 | 9.2% | 14.6% | 16.6% |
| FY2011 | 11.4% | 19.1% | 20.2% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 7.2% | −1.2 pts | 11.4% | |
| Q1 FY26 | 6.9% | −2.4 pts | 11.3% | |
| Q4 FY25 | 5.8% | −5.1 pts | 10.2% | |
| Q3 FY25 | 5.9% | −5.1 pts | 11.0% | |
| Q2 FY25 | 8.4% | −3.2 pts | 13.3% | |
| Q1 FY25 | 9.3% | −1.9 pts | 14.5% | |
| Q4 FY24 | 10.9% | −0.6 pts | 16.7% | |
| Q3 FY24 | 11.0% | −0.5 pts | 17.1% | |
| Q2 FY24 | 11.6% | +0.6 pts | 17.7% | |
| Q1 FY24 | 11.2% | +2.2 pts | 17.7% | |
| Q4 FY23 | 11.5% | +3.7 pts | 17.7% | |
| Q3 FY23 | 11.5% | +2.4 pts | 17.5% |
Against its peers
Companies in Oil & Gas Equipment & Services nearest Halliburton's size, closest first, today.
| Company | Profit margin |
|---|---|
| HALHalliburton | 7.2% |
| FTITechnipFMC | 11.3% |
| BKRBaker Hughes | 11.2% |
| SLBSlb | 8.5% |
| NOVNOV | 1.1% |
| WFRDWeatherford International | 7.7% |
| WHDCactus | 12.0% |
| SEISolaris Energy Infrastructure | 7.2% |
| OIIOceaneering International | 11.4% |
| Peer median | 9.8% |
Where Halliburton ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Halliburton
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.