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Halliburton HAL Net margin

Net margin at other companies

Schlumberger
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Schlumberger SLB
9.3%-2.4pp
TechnipFMC logo
TechnipFMCFTI
10.6%+1.7pp
Baker Hughes logo
Baker HughesBKR
11.2%+0.7pp
Texas Pacific Land logo
Texas Pacific LandTPL
60%-3.2pp
Rockwell Automation logo
Rockwell AutomationROK
12.4%+1.0pp

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-5.8%
Total equity$10.8B+4.0%
Total assets$25.1B-0.2%

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$29.18B+48.3%
Enterprise value$35.26B+34.5%
P/E19×+9.6×
P/S1.3×+0.4×

Profitability

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Gross margin81.4%
Operating margin11.3%-3.2pp

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

Calculated from Halliburton’s reported figures.

Based on trailing twelve months.

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 net margin?
Halliburton (HAL) reported net margin of 6.9% in Q1 2026.
How has Halliburton's net margin changed year-over-year?
Halliburton's net margin decreased by 25.3% year-over-year, from 9.3% to 6.9%.
What is the long-term trend for Halliburton's net margin?
Over 4 years (2021 to 2025), Halliburton's net margin has grown at a 223.3% compound annual growth rate (CAGR), from -0.3% to 29.4%.
What does net margin mean?
The share of every sales dollar that becomes bottom-line profit.
How do you interpret net margin?
Higher is better, but net margin mixes operating performance with financing and tax effects and one-off items — read it alongside operating margin to separate the operating story from the rest.
How does net margin compare across companies?
Comparable across peers but sensitive to leverage and tax structure; two operationally identical firms can show different net margins purely from financing.