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Halliburton HAL Drilling And Evaluation — Other Cost of Operating Revenue

Other segment segments

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$664M+0.2%

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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:OtherCostOfOperatingRevenue.

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 drilling and evaluation — other cost of operating revenue?
Halliburton (HAL) reported drilling and evaluation — other cost of operating revenue of $509M in Q1 2026.
How has Halliburton's drilling and evaluation — other cost of operating revenue changed year-over-year?
Halliburton's drilling and evaluation — other cost of operating revenue increased by 7.2% year-over-year, from $475M to $509M.
What is the long-term trend for Halliburton's drilling and evaluation — other cost of operating revenue?
Over 3 years (2022 to 2025), Halliburton's drilling and evaluation — other cost of operating revenue has grown at a -2.4% compound annual growth rate (CAGR), from $2.13B to $1.98B.
What does drilling and evaluation — other cost of operating revenue mean?
Indirect or overhead costs associated with the Drilling and Evaluation segment's operations that are not classified as direct materials or labor. This includes logistics, facility costs, and other operational support expenses.