Business Segments · Cost, Direct Material
Drilling And Evaluation — Cost, Direct Material
Halliburton Drilling And Evaluation — Cost, Direct Material decreased by 1.4% to $913.00M in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 3.5%, from $882.00M to $913.00M. Over 3 years (FY 2022 to FY 2025), Drilling And Evaluation — Cost, Direct Material shows an upward trend with a 3.4% CAGR. This is a positive signal — lower values indicate better performance for this metric.
Analysis
StatementSegment
CategoryEfficiency
SignalLower is better
VolatilityModerate
First reportedQ1 2022
Last reportedQ1 2026
How to read this metric
An increase relative to revenue suggests rising commodity costs or supply chain inefficiencies.
Detailed definition
The direct costs associated with the physical materials and consumables used to deliver services within the Drilling and...
Peer comparison
Commonly tracked as direct material costs in manufacturing and service-based industrial firms.
Metric ID:
hal_segment_drilling_and_evaluation_cost_direct_materialHistorical Data
17 periods
| Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $823.25M | $823.25M | $823.25M | $823.25M | $942.75M | $942.75M | $942.75M | $942.75M | $977.00M | $961.00M | $926.00M | $939.00M | $882.00M | $922.00M | $911.00M | $926.00M | $913.00M |
| QoQ Change | — | +0.0% | +0.0% | +0.0% | +14.5% | +0.0% | +0.0% | +0.0% | +3.6% | -1.6% | -3.6% | +1.4% | -6.1% | +4.5% | -1.2% | +1.6% | -1.4% |
| YoY Change | — | — | — | — | +14.5% | +14.5% | +14.5% | +14.5% | +3.6% | +1.9% | -1.8% | -0.4% | -9.7% | -4.1% | -1.6% | -1.4% | +3.5% |
Range$823.25M – $977.00M
CAGR+2.6%
Avg YoY Growth+3.7%
Median YoY Growth+1.9%
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Frequently Asked Questions
- What is Halliburton's drilling and evaluation — cost, direct material?
- Halliburton (HAL) reported drilling and evaluation — cost, direct material of $913.00M in Q1 2026.
- How has Halliburton's drilling and evaluation — cost, direct material changed year-over-year?
- Halliburton's drilling and evaluation — cost, direct material increased by 3.5% year-over-year, from $882.00M to $913.00M.
- What is the long-term trend for Halliburton's drilling and evaluation — cost, direct material?
- Over 3 years (2022 to 2025), Halliburton's drilling and evaluation — cost, direct material has grown at a 3.4% compound annual growth rate (CAGR), from $3.29B to $3.64B.
- What does drilling and evaluation — cost, direct material mean?
- The cost of materials directly used in the segment's service operations.