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Halliburton HAL Services — Revenue from Contract with Customer, Including Assessed Tax

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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$28.36B+62.8%
Enterprise value$34.44B+43.9%
P/E18.4×+9.1×
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:RevenueFromContractWithCustomerIncludingAssessedTax.

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 services — revenue from contract with customer, including assessed tax?
Halliburton (HAL) reported services — revenue from contract with customer, including assessed tax of $3.82B in Q1 2026.
How has Halliburton's services — revenue from contract with customer, including assessed tax changed year-over-year?
Halliburton's services — revenue from contract with customer, including assessed tax increased by 0.4% year-over-year, from $3.81B to $3.82B.
What is the long-term trend for Halliburton's services — revenue from contract with customer, including assessed tax?
Over 4 years (2021 to 2025), Halliburton's services — revenue from contract with customer, including assessed tax has grown at a 9.4% compound annual growth rate (CAGR), from $10.99B to $15.73B.
What does services — revenue from contract with customer, including assessed tax mean?
This metric represents the total gross revenue generated by the company's primary service-oriented business segment, inclusive of any assessed taxes collected from customers. It reflects the aggregate value of oilfield service contracts, including completion, production, and drilling-related activities, before the deduction of direct operating costs. This figure serves as a key indicator of the segment's market demand and its ability to capture value within the energy services sector.