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Halliburton HAL EBITDA margin

EBITDA margin at other companies

Schlumberger
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Schlumberger SLB
20.6%-2.9pp
TechnipFMC logo
TechnipFMCFTI
19.3%+2.7pp
Baker Hughes logo
Baker HughesBKR
17.4%+2.5pp
Texas Pacific Land logo
Texas Pacific LandTPL
82.1%+1.5pp
Rockwell Automation logo
Rockwell AutomationROK
18.8%-0.2pp

Other financials

Income statement

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Revenue$5.4B-0.3%
Operating income$679.0M+57.5%
Net income$461.0M+126%
EPS (diluted)$0.55+129%

Balance sheet

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Cash & equivalents$2.0B+11.0%
Total debt$8.1B-5.8%
Total equity$10.8B+4.0%
Total assets$25.1B-0.2%

Cash flow

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Operating cash flow$273.0M-27.6%
CapEx$192.0M-36.4%
Free cash flow$81.0M+8.0%

Valuation

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Market cap$29.18B+48.3%
Enterprise value$35.26B+34.5%
P/E19×+9.6×
P/S1.3×+0.4×

Profitability

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Gross margin81.4%
Operating margin11.3%-3.2pp
Net margin6.9%-2.4pp

Returns & leverage

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Return on equity14.6%-6.4pp
Debt / equity0.7×-0.1×
Current ratio2.1×+0.1×

Where this comes from

Calculated from Halliburton’s reported figures.

Based on trailing twelve months.

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 EBITDA margin?
Halliburton (HAL) reported EBITDA margin of 16.5% in Q1 2026.
How has Halliburton's EBITDA margin changed year-over-year?
Halliburton's EBITDA margin decreased by 14.5% year-over-year, from 19.3% to 16.5%.
What is the long-term trend for Halliburton's EBITDA margin?
Over 4 years (2021 to 2025), Halliburton's EBITDA margin has grown at a 14.0% compound annual growth rate (CAGR), from 40.9% to 69%.
What does EBITDA margin mean?
Operating cash profitability per sales dollar, before interest, taxes, and non-cash charges.
How do you interpret EBITDA margin?
Useful for comparing operating profitability across firms with different depreciation policies and leverage. High EBITDA margin alongside heavy capex can still mean weak free cash flow — pair it with FCF margin.
How does EBITDA margin compare across companies?
Widely used to compare capital-intensive businesses on a like-for-like basis. Less meaningful for banks and insurers.