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Halliburton HAL Completion And Production — Total operating income

Other segment segments

Drilling And Evaluation
$351M-0.3%

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OISCompletion and Production Services — Total Costs & Expenses
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OISCompletion and Production Services — Revenue
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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-5.7%
Total equity$10.8B+4.0%
Total assets$25.1B-0.1%

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$28.58B+60.0%
Enterprise value$34.66B+42.1%
P/E18.6×+9.0×
P/S1.3×+0.5×

Profitability

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Gross margin81.4%
Operating margin11.3%-3.2pp
Net margin6.9%-2.4pp
FCF margin7.6%-2.8pp

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

Reported directly by Halliburton in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

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 completion and production — total operating income?
Halliburton (HAL) reported completion and production — total operating income of $439M in Q1 2026.
How has Halliburton's completion and production — total operating income changed year-over-year?
Halliburton's completion and production — total operating income decreased by 17.3% year-over-year, from $531M to $439M.
What is the long-term trend for Halliburton's completion and production — total operating income?
Over 4 years (2021 to 2025), Halliburton's completion and production — total operating income has grown at a 14.5% compound annual growth rate (CAGR), from $1.24B to $2.13B.
What does completion and production — total operating income mean?
The profit earned by the Completion and Production segment after deducting all direct and indirect operating expenses from segment revenue. This metric measures the operational efficiency and profitability of the segment's core business activities. It excludes interest, taxes, and corporate-level allocations, focusing strictly on segment-level performance.