What is Halliburton's D&A?

Halliburton (HAL) reported D&A of $295M in Q1 2026.

How has Halliburton's D&A changed year-over-year?

Halliburton's D&A increased by 6.5% year-over-year, from $277M to $295M.

What is the long-term trend for Halliburton's D&A?

Over 4 years (2021 to 2025), Halliburton's D&A has grown at a 5.9% compound annual growth rate (CAGR), from $904M to $1.14B.

Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.

Halliburton HAL D&A

D&A at other companies

Schlumberger SLB

$685M+7.0%

TETRA TechnologiesTTI

$9.18M+0.3%

NOVA, Inc.NOV

$92M+3.4%

Innovex InternationalINVX

$16.22M+8.5%

Oil States InternationalOIS

$8.19M-31.9%

Weatherford InternationalWFRD

$70M+12.9%

Segments

By segment

See full

Completion And Production$163M+7.2%

Drilling And Evaluation$126M+4.1%

Corporate and Other$6M+50.0%

Other financials

Income statement

See full

Revenue$5.4B-0.3%

Operating income$679.0M+57.5%

Net income$461.0M+126%

EPS (diluted)$0.55+129%

Balance sheet

See full

Cash & equivalents$2.0B+11.0%

Total debt$8.1B-5.7%

Total equity$10.8B+4.0%

Total assets$25.1B-0.1%

Cash flow

See full

Operating cash flow$273.0M-27.6%

CapEx$192.0M-36.4%

Free cash flow$81.0M+8.0%

Valuation

See full

Market cap$28.36B+59.8%

Enterprise value$34.44B+41.9%

P/E18.4×+8.9×

P/S1.3×+0.5×

Profitability

See full

Gross margin81.4%—

Operating margin11.3%-3.2pp

Net margin6.9%-2.4pp

FCF margin7.6%-2.8pp

Returns & leverage

See full

Return on equity14.6%-6.4pp

Debt / equity0.7×-0.1×

Current ratio2.1×+0.1×

Where this comes from

Reported directly by Halliburton in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The official record: Halliburton’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Halliburton's D&A?: Halliburton (HAL) reported D&A of $295M in Q1 2026.
How has Halliburton's D&A changed year-over-year?: Halliburton's D&A increased by 6.5% year-over-year, from $277M to $295M.
What is the long-term trend for Halliburton's D&A?: Over 4 years (2021 to 2025), Halliburton's D&A has grown at a 5.9% compound annual growth rate (CAGR), from $904M to $1.14B.
What does D&A mean?: Total non-cash depreciation of tangible assets and amortization of intangible assets — the largest add-back to net income in the operating cash flow reconciliation.