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Halliburton HAL Drilling And Evaluation — Total operating income

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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 drilling and evaluation — total operating income?
Halliburton (HAL) reported drilling and evaluation — total operating income of $351M in Q1 2026.
How has Halliburton's drilling and evaluation — total operating income changed year-over-year?
Halliburton's drilling and evaluation — total operating income decreased by 0.3% year-over-year, from $352M to $351M.
What is the long-term trend for Halliburton's drilling and evaluation — total operating income?
Over 4 years (2021 to 2025), Halliburton's drilling and evaluation — total operating income has grown at a 14.5% compound annual growth rate (CAGR), from $801M to $1.38B.
What does drilling and evaluation — total operating income mean?
The profit earned from the Drilling and Evaluation segment's core operations after deducting direct operating expenses. It measures the segment's ability to generate earnings from its specialized service offerings.