What are Halliburton's profit margins?

Halliburton (HAL) runs a 81.4% gross margin and a 11.3% operating margin, with a 6.9% net margin.

Where do Halliburton's ratios come from?

Every ratio is computed from Halliburton's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.

Halliburton HAL Ratios & Valuation

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Profitability
Operating margin	45.9%-20.1pp	49%-20.2pp	55.5%-14.8pp	61.6%-9.1pp	66%-3.9pp
Net margin	27%-15.8pp	29.4%-15.4pp	34.5%-10.8pp	39.6%-6.2pp	42.9%-2.3pp
EBITDA margin	66.2%-18.4pp	69%-18.4pp	75.1%-13.0pp	80.7%-7.5pp	84.7%-2.6pp
Free cash flow margin	33.2%-8.3pp	36%-5.4pp	39.1%-0.9pp	41%+3.3pp	41.6%+5.5pp
Returns
Return on equity	57.7%-43.4pp	64.2%-44.7pp	77.1%-37.1pp	90.5%-28.9pp	101.1%-20.5pp
Return on assets	23.7%-15.8pp	26.1%-15.8pp	30.9%-12.0pp	36%-7.9pp	39.5%-4.0pp
Return on invested capital	44.8%-27.3pp	48.4%-29.0pp	56.7%-23.3pp	65.6%-16.1pp	72.1%-9.6pp
Efficiency
Asset turnover	3.5×-0.2×	3.5×-0.2×	3.6×-0.2×	3.6×-0.2×	3.7×-0.2×
Liquidity
Current ratio	8.1×-0.3×	8×-0.5×	8×-0.5×	8.2×-0.2×	8.4×-0.1×
Quick ratio	6×-0.2×	5.9×-0.4×	5.9×-0.3×	6.1×0.0×	6.2×+0.1×
Cash ratio	1.4×-0.1×	1.4×-0.2×	1.4×-0.1×	1.5×0.0×	1.5×0.0×
Leverage
Debt-to-equity	3.2×-0.1×	3.3×-0.2×	3.3×-0.3×	3.3×-0.4×	3.3×-0.5×
Debt-to-assets	1.3×0.0×	1.4×0.0×	1.3×-0.1×	1.3×-0.1×	1.4×-0.1×
Net debt / EBITDA	6.9×+1.6×	6.8×+1.7×	6.2×+0.9×	5.6×+0.3×	5.3×-0.2×
Per Share
Book value per share	$49.37+5.4%	$48.50+6.2%	$48.13+8.9%	$47.81-100.0%	$46.84-100.0%
Valuation
Market capitalization	$95.28B-6.1%	$84.65B-26.1%	$84.75B-31.1%	$89.42B-33.1%	$101.46B-24.1%
Enterprise value	$120.53B-5.2%	$110.59B-21.2%	$110.35B-26.3%	$115B-28.5%	$127.11B-21.1%
Price / earnings	65.4×+24.1×	54.6×+10.4×	45.7×-1.3×	39.7×-11.0×	41.2×-10.5×
Price / sales	4.3×-0.1×	3.8×-1.2×	3.8×-1.6×	3.9×-1.9×	4.4×-1.4×
Price / book	9.1×-0.8×	8.2×-3.2×	8.2×-4.4×	8.6×-5.5×	9.9×-4.6×
EV / EBITDA	33.1×+6.9×	29.1×+1.4×	26.4×-3.0×	25.1×-6.6×	26.2×-6.1×
EV / sales	5.4×-0.1×	5×-1.1×	4.9×-1.6×	5.1×-1.9×	5.5×-1.5×
Free cash flow yield	33.1%-4.9pp	38.6%+4.4pp	41.7%+11.2pp	42.2%+15.9pp	38.1%+13.2pp
Earnings yield	26.8%-12.2pp	31.6%-5.2pp	36.7%+2.2pp	40.4%+8.6pp	38.9%+7.9pp
Dividend yield	10.3%+0.8pp	11.2%+2.8pp	11.3%+3.6pp	10.8%+3.9pp	9.5%+2.9pp

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Questions, answered.

What are Halliburton's profit margins?: Halliburton (HAL) runs a 81.4% gross margin and a 11.3% operating margin, with a 6.9% net margin.
Where do Halliburton's ratios come from?: Every ratio is computed from Halliburton's SEC filings — trailing-twelve-month flows over period-end balances. Valuation multiples combine those fundamentals with market data, recomputed each period. Switch between quarterly, annual, and TTM, or open any ratio for its full history and peer comparisons.