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Halliburton HAL Business Segments

FY'25FY'24FY'23FY'22
Revenue from Contract with Customer, Including Assessed Tax by Business
Completion And Production$12.78B-3.5%$13.25B-3.2%$13.69B+18.2%$11.58B+37.7%
Drilling And Evaluation$9.4B-3.0%$9.69B+3.9%$9.33B+7.0%$8.72B+26.6%
Total operating income by Business
Completion And Production$2.13B-21.4%$2.71B-4.4%$2.84B+39.2%$2.04B+64.5%
Drilling And Evaluation$1.38B-14.2%$1.61B+4.2%$1.54B+19.4%$1.29B+61.3%
Other Cost of Operating Revenue by Business
Completion And Production$2.76B+5.8%$2.6B+0.7%$2.59B+40.6%$1.84B
Drilling And Evaluation$1.98B+1.9%$1.94B+5.8%$1.84B-13.8%$2.13B
Operating Expenses by Business
Completion And Production$10.65B+1.1%$10.54B-2.9%$10.85B+13.7%$9.55B
Drilling And Evaluation$8.02B-0.8%$8.09B+3.8%$7.79B+4.9%$7.42B
Total Assets by Business
Completion And Production$46.51B
Corporate and Other$22.34B
Drilling And Evaluation$31.88B
Impairments and other charges by Business
Completion And Production$556M$0
Drilling And Evaluation$247M$0
Goodwill, Other Increase (Decrease) by Business
Completion And Production$16M+180%-$20M-267%$12M$0-100%
Drilling And Evaluation$0$0+100%-$12M+45.5%-$22M
Cost, Direct Labor by Business
Completion And Production$1.92B-0.2%$1.92B+6.2%$1.81B+12.1%$1.61B
Drilling And Evaluation$1.91B+2.3%$1.87B+6.6%$1.75B+9.6%$1.6B
Payments to Acquire Productive Assets by Business
Completion And Production$741M-4.4%$775M+1.3%$765M+29.9%$589M+46.5%
Drilling And Evaluation$513M-22.9%$665M+8.5%$613M+46.0%$420M+7.1%
Cost, Direct Material by Business
Completion And Production$5.36B-1.2%$5.43B-8.1%$5.91B+6.0%$5.57B
Drilling And Evaluation$3.64B-4.3%$3.8B+0.8%$3.77B+14.5%$3.29B
Depreciation, Depletion and Amortization by Business
Completion And Production$618M+5.1%$588M+6.3%$553M+6.3%$520M+3.6%
Corporate and Other$22M+37.5%$16M+6.7%$15M+7.1%$14M0.0%
Drilling And Evaluation$496M+4.4%$475M+10.5%$430M+5.9%$406M+4.6%
Goodwill, Acquired During Period by Business
Completion And Production$8M0.0%$8M$0-100%$8M-33.3%
Drilling And Evaluation$76M$0-100%$21M$0
Goodwill, Impairment Loss by Business
Completion And Production$0$0$0
Drilling And Evaluation$0$0$0
Revenue from Contract with Customer, Including Assessed Tax by Geography
Europe/Africa/CIS$3.35B+11.6%$3B+5.0%$2.86B+6.3%$2.69B-1.0%
Latin America$3.94B-6.6%$4.21B+5.6%$3.99B+24.7%$3.2B+35.4%
Middle East/Asia$5.83B-4.5%$6.1B+7.5%$5.68B+18.0%$4.81B+25.2%
North America$9.07B-5.8%$9.63B-8.3%$10.49B+9.3%$9.6B+50.6%

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Questions, answered.

How does Halliburton break its business down?
Halliburton (HAL) reports revenue from contract with customer, including assessed tax by business across 2 parts — Completion And Production and Drilling And Evaluation. Each is extracted from the segment footnotes and tracked over time.
Where does Halliburton's segment data come from?
Segment breakdowns are pulled from the segment footnotes in Halliburton's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.