Halliburton Co (HAL) stock
HALNYSEOil & Gas Field Services, NECFiscal year ends December 31
Financials through Q3 FY2026, quarter ended Sep 30, 2026Last filing: 10-Q on Oct 23, 2026Score 15/305% below fair value
$32.93+1.07 (+3.36%)
Close on Nov 11, 2026Market cap $27.24BP/E 13.8Yield –
Halliburton operating margin
Operating margin is operating income as a percentage of revenue.
Halliburton's operating margin for the twelve months ending Sep 30, 2026 was 12.6%. For fiscal 2025 it was 10.2%, against 16.7% the year before. The highest annual figure on record is 22.9% in fiscal 2007.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 10.2% | −6.5 |
| FY2024 | Dec 31, 2024 | 16.7% | −1.1 |
| FY2023 | Dec 31, 2023 | 17.7% | +4.4 |
| FY2022 | Dec 31, 2022 | 13.3% | +1.6 |
| FY2021 | Dec 31, 2021 | 11.8% | +28.6 |
| FY2020 | Dec 31, 2020 | -16.9% | −14.9 |
| FY2019 | Dec 31, 2019 | -2.0% | −12.3 |
| FY2018 | Dec 31, 2018 | 10.3% | +3.6 |
| FY2017 | Dec 31, 2017 | 6.7% | +49.3 |
| FY2016 | Dec 31, 2016 | -42.6% | −41.9 |
| FY2015 | Dec 31, 2015 | -0.7% | −16.2 |
| FY2014 | Dec 31, 2014 | 15.5% | +4.8 |
| FY2013 | Dec 31, 2013 | 10.7% | −3.9 |
| FY2012 | Dec 31, 2012 | 14.6% | −4.5 |
| FY2011 | Dec 31, 2011 | 19.1% | +2.3 |
| FY2010 | Dec 31, 2010 | 16.7% | +3.2 |
| FY2009 | Dec 31, 2009 | 13.6% | −8.4 |
| FY2008 | Dec 31, 2008 | 21.9% | −1.0 |
| FY2007 | Dec 31, 2007 | 22.9% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 10.9% | +4.6 |
| Q2 FY2026 | Jun 30, 2026 | 13.6% | +0.4 |
| Q1 FY2026 | Mar 31, 2026 | 12.6% | +4.6 |
| Q4 FY2025 | Dec 31, 2025 | 13.2% | −3.4 |
| Q3 FY2025 | Sep 30, 2025 | 6.4% | −8.9 |
| Q2 FY2025 | Jun 30, 2025 | 13.2% | −4.5 |
| Q1 FY2025 | Mar 31, 2025 | 8.0% | −9.0 |
| Q4 FY2024 | Dec 31, 2024 | 16.6% | −1.8 |
| Q3 FY2024 | Sep 30, 2024 | 15.3% | −2.6 |
| Q2 FY2024 | Jun 30, 2024 | 17.7% | +0.3 |
| Q1 FY2024 | Mar 31, 2024 | 17.0% | −0.2 |
| Q4 FY2023 | Dec 31, 2023 | 18.4% | +1.0 |
| Q3 FY2023 | Sep 30, 2023 | 17.9% | +2.1 |
| Q2 FY2023 | Jun 30, 2023 | 17.4% | +10.1 |
| Q1 FY2023 | Mar 31, 2023 | 17.2% | +5.3 |
| Q4 FY2022 | Dec 31, 2022 | 17.5% | +4.6 |
| Q3 FY2022 | Sep 30, 2022 | 15.8% | +4.2 |
| Q2 FY2022 | Jun 30, 2022 | 7.4% | −4.3 |
| Q1 FY2022 | Mar 31, 2022 | 11.9% | +1.2 |
| Q4 FY2021 | Dec 31, 2021 | 12.9% | +15.8 |
| Q3 FY2021 | Sep 30, 2021 | 11.6% | +6.8 |
| Q2 FY2021 | Jun 30, 2021 | 11.7% | +71.5 |
| Q1 FY2021 | Mar 31, 2021 | 10.7% | +22.1 |
| Q4 FY2020 | Dec 31, 2020 | -3.0% | +28.9 |
| Q3 FY2020 | Sep 30, 2020 | 4.8% | −4.9 |
| Q2 FY2020 | Jun 30, 2020 | -59.8% | −64.9 |
| Q1 FY2020 | Mar 31, 2020 | -11.3% | −17.7 |
| Q4 FY2019 | Dec 31, 2019 | -31.8% | −42.1 |
| Q3 FY2019 | Sep 30, 2019 | 9.7% | −1.9 |
| Q2 FY2019 | Jun 30, 2019 | 5.1% | −7.7 |
| Q1 FY2019 | Mar 31, 2019 | 6.4% | +0.2 |
| Q4 FY2018 | Dec 31, 2018 | 10.2% | +3.8 |
| Q3 FY2018 | Sep 30, 2018 | 11.6% | −0.2 |
| Q2 FY2018 | Jun 30, 2018 | 12.8% | +9.9 |
| Q1 FY2018 | Mar 31, 2018 | 6.2% | +1.4 |
| Q4 FY2017 | Dec 31, 2017 | 6.4% | +4.9 |
| Q3 FY2017 | Sep 30, 2017 | 11.8% | – |
| Q2 FY2017 | Jun 30, 2017 | 2.9% | – |
| Q1 FY2017 | Mar 31, 2017 | 4.7% | – |
| Q4 FY2016 | Dec 31, 2016 | 1.5% | – |
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