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Halliburton HAL Free cash flow margin

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Other financials

Income statement

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Revenue$5.7B+3.7%
Operating income$778.0M+7.0%
Net income$534.0M+13.1%
EPS (diluted)$0.64+16.4%

Balance sheet

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Cash & equivalents$2.0B+0.5%
Total debt$8.2B-4.2%
Total equity$11.0B+4.8%
Total assets$25.8B+1.8%

Cash flow

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Operating cash flow$824.0M-8.0%
CapEx$235.0M-33.6%
Free cash flow$589.0M+8.7%

Valuation

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Market cap$26.51B+46.5%
Enterprise value$32.66B+32.7%
P/E16.6×+6.8×
P/S1.2×+0.4×

Profitability

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Gross margin81.4%
Operating margin11.4%-1.9pp
Net margin7.2%-1.2pp

Returns & leverage

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Return on equity14.9%-3.3pp
Debt / equity0.7×-0.1×
Current ratio0.0×

Where this comes from

Calculated from Halliburton’s reported figures.

Based on trailing twelve months.

The source filing: Halliburton’s 10-Q, filed July 24, 2026. Open the filing →

Filed
Jul 24, 2026, 10:59 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000045012-26-000061

FAQ

What is Halliburton's free cash flow margin?
Halliburton (HAL) reported free cash flow margin of 7.7% in Q2 2026.
How has Halliburton's free cash flow margin changed year-over-year?
Halliburton's free cash flow margin decreased by 20.2% year-over-year, from 9.7% to 7.7%.
What is the long-term trend for Halliburton's free cash flow margin?
Over 5 years (2020 to 2025), Halliburton's free cash flow margin has grown at a -1.1% compound annual growth rate (CAGR), from 8% to 7.5%.
What does free cash flow margin mean?
Free cash flow (operating cash flow minus capital expenditures) as a percentage of revenue, trailing twelve months. Measures how efficiently revenue converts into discretionary cash.

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