Corporate and Other — Operating Income
Halliburton Corporate and Other — Operating Income remained flat by 0.0% to -$65.00M in Q2 2024 compared to the prior quarter. Year-over-year, this metric declined by 10.2%, from -$59.00M to -$65.00M. Over 2 years (FY 2021 to FY 2023), Corporate and Other — Operating Income shows relatively stable performance with a 3.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
A smaller loss (or profit) indicates better management of corporate overhead and administrative efficiency.
Detailed definition
The net profit or loss generated by the corporate segment after accounting for all allocated revenues and operating expe...
Peer comparison
Commonly reported as 'Corporate Operating Profit/Loss' in segment reporting for large multinational corporations.
hal_segment_corporate_and_other_operating_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | -$58.00M | -$50.00M | -$66.00M | -$57.00M | -$67.00M | -$62.00M | -$70.00M | -$58.00M | -$59.00M | -$64.00M | -$63.00M | -$65.00M | -$65.00M |
| QoQ Change | — | +13.8% | -32.0% | +13.6% | -17.5% | +7.5% | -12.9% | +17.1% | -1.7% | -8.5% | +1.6% | -3.2% | +0.0% |
| YoY Change | — | — | — | — | -15.5% | -24.0% | -6.1% | -1.8% | +11.9% | -3.2% | +10.0% | -12.1% | -10.2% |
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Frequently Asked Questions
- What is Halliburton's corporate and other — operating income?
- Halliburton (HAL) reported corporate and other — operating income of -$65.00M in Q2 2024.
- How has Halliburton's corporate and other — operating income changed year-over-year?
- Halliburton's corporate and other — operating income decreased by 10.2% year-over-year, from -$59.00M to -$65.00M.
- What is the long-term trend for Halliburton's corporate and other — operating income?
- Over 2 years (2021 to 2023), Halliburton's corporate and other — operating income has grown at a 3.7% compound annual growth rate (CAGR), from -$227.00M to -$244.00M.
- What does corporate and other — operating income mean?
- The net financial result of corporate-level activities, usually a loss due to overhead costs.