Halliburton Company (HAL) reported $22.48B of revenue for the twelve months ended Sep 30, 2026. That is up 1.5% from the year before. Revenue for fiscal 2025 was $22.18B.

Yes. Halliburton Company earned $2.01B in net income for the twelve months ended Sep 30, 2026, a net margin of 8.9%.

How much cash and debt does HAL have?

Halliburton Company reported $1.84B in cash and cash equivalents and $7.07B of debt on its most recent balance sheet in SEC filings.

How fast is HAL revenue growing?

Halliburton Company's revenue changed -3.3% in fiscal 2025, to $22.18B. Its compound annual growth rate was +9.0% over 5 years and -0.6% over 10 years.

What is HAL free cash flow?

Halliburton Company generated $1.60B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $2.63B less capital expenditures.

What is HAL earnings per share?

Diluted earnings per share were $2.38 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.

When did HAL last report financial results?

The latest statements here come from Halliburton Company's 10-Q filed on Oct 23, 2026, covering the period ended Sep 30, 2026.

Where does this HAL financial data come from?

Quantisnow builds these statements from the structured XBRL data Halliburton Company files with the SEC. It is provided for information only and is not investment advice.

Financials · HAL

Halliburton Company (HAL) financials

For the twelve months ended Sep 30, 2026, Halliburton Company reported $22.48B of revenue and $2.01B of net income.

Revenue, TTM: $22.48B
Revenue growth, YoY: +1.5%
Net income, TTM: $2.01B
Net income growth, YoY: +52.6%
Net margin: 8.9%
Free cash flow, TTM: $1.60B
EPS, diluted, TTM: $2.38
EPS growth, YoY: +57.6%
Cash: $1.84B
Total debt: $7.07B
P/E: 13.11
P/S: 1.17
Market cap: $26.33B

Annual revenue$22.18B

FY2016FY2025

Annual net income$1.28B

FY2016FY2025

Annual free cash flow$1.67B

FY2016FY2025

HAL revenue and earnings growth

HAL revenueQ3 2026$5.70B

Quarter YoY: +1.8%
QoQ: -0.2%
FY YoY: -3.3%
5Y CAGR: +9.0%
10Y CAGR: -0.6%

HAL revenue was $5.70B in fiscal Q3 2026 (ended Sep 30, 2026), up 1.8% from a year earlier and down 0.2% from the prior quarter. For the full fiscal 2025 it was $22.18B, down 3.3% from fiscal 2024. Compound annual growth was +9.0% over 5 years and -0.6% over 10 years. It rose in 5 of the last 10 fiscal years.

HAL net incomeQ3 2026$417.00M

Quarter YoY: 23x
QoQ: -22.5%
FY YoY: -48.7%

HAL net income was $417.00M in fiscal Q3 2026 (ended Sep 30, 2026), up about 23-fold from a year earlier and down 22.5% from the prior quarter. For the full fiscal 2025 it was $1.28B, down 48.7% from fiscal 2024. It rose in 2 of the last 4 fiscal years.

HAL EPSQ3 2026$0.50

Quarter YoY: 25x
QoQ: -21.9%
FY YoY: -47.0%

HAL diluted EPS was $0.50 in fiscal Q3 2026 (ended Sep 30, 2026), up about 25-fold from a year earlier and down 21.9% from the prior quarter. For the full fiscal 2025 it was $1.50, down 47.0% from fiscal 2024.

HAL free cash flowQ3 2026$102.00M

Quarter YoY: -55.1%
QoQ: -82.7%
FY YoY: -31.0%
5Y CAGR: +7.7%
10Y CAGR: +8.8%

HAL free cash flow was $102.00M in fiscal Q3 2026 (ended Sep 30, 2026), down 55.1% from a year earlier and down 82.7% from the prior quarter. For the full fiscal 2025 it was $1.67B, down 31.0% from fiscal 2024. Compound annual growth was +7.7% over 5 years and +8.8% over 10 years. It rose in 5 of the last 8 fiscal years.

Export CSV

Income statement

Income statement
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue	$22.18B	$22.94B	$23.02B	$20.30B	$15.29B	$14.45B	$22.41B	$24.00B	$20.62B	$15.89B
Cost of revenue	-	-	-	-	-	-	-	-	$4.14B	$3.77B
Gross profit	-	-	-	-	-	-	-	-	$16.48B	$12.12B
Research and development	$411.00M	$426.00M	$408.00M	$345.00M	$321.00M	$309.00M	$404.00M	$390.00M	$360.00M	$329.00M
Selling, general and admin	$239.00M	$239.00M	$226.00M	$240.00M	$204.00M	$182.00M	$227.00M	$254.00M	$256.00M	$226.00M
Operating income	$2.26B	$3.82B	$4.08B	$2.71B	$1.80B	-$2.44B	-$448.00M	$2.47B	$1.37B	-$6.77B
Pre-tax income	$1.77B	$3.23B	$3.36B	$2.11B	$1.25B	-$3.22B	-$1.12B	$1.81B	$682.00M	-$7.63B
Income tax	$479.00M	$718.00M	$701.00M	$515.00M	-$216.00M	-$278.00M	$7.00M	$157.00M	$1.13B	-$1.86B
Net income	$1.28B	$2.50B	$2.64B	$1.57B	$1.46B	-$2.94B	-$1.13B	$1.66B	-$463.00M	-$5.76B
EPS, basic	$1.50	$2.84	$2.93	$1.74	$1.63	-$3.34	-$1.29	$1.89	-	-$6.69
EPS, diluted	$1.50	$2.83	$2.92	$1.73	$1.63	-$3.34	-$1.29	$1.89	-$0.53	-$6.69
Diluted shares	853.0M	883.0M	902.0M	908.0M	892.0M	881.0M	875.0M	877.0M	870.0M	861.0M

Balance sheet

Balance sheet
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Cash and equivalents	$2.21B	$2.62B	$2.26B	$2.35B	$3.04B	$2.56B	$2.27B	$2.01B	$2.34B	$4.01B
Receivables	$4.94B	$5.12B	$4.86B	$4.63B	$3.67B	$3.07B	$4.58B	$5.23B	$5.04B	$3.92B
Inventory	$2.98B	$3.04B	$3.23B	$2.92B	$2.36B	$2.35B	$3.14B	$3.03B	$2.40B	$2.27B
Current assets	$11.40B	$12.38B	$11.54B	$10.95B	$9.94B	$9.47B	$11.21B	$11.15B	$10.78B	$11.68B
Goodwill	$2.94B	$2.84B	$2.85B	$2.83B	$2.84B	$2.80B	$2.81B	$2.83B	$2.69B	$2.41B
Total assets	$25.01B	$25.59B	$24.68B	$23.25B	$22.32B	$20.68B	$25.38B	$25.98B	$25.09B	$27.00B
Current liabilities	$5.59B	$6.05B	$5.61B	$5.34B	$4.31B	$4.42B	$4.88B	$4.80B	$4.86B	$4.02B
Short-term debt	$0	$381.00M	$0	$0	$11.00M	$695.00M	$11.00M	$32.00M	$512.00M	$170.00M
Long-term debt	$7.16B	$7.16B	$7.64B	$7.93B	$9.13B	$9.13B	$10.32B	$10.31B	$10.43B	$12.21B
Total debt	$7.16B	$7.54B	$7.64B	$7.93B	$9.14B	$9.83B	$10.33B	$10.34B	$10.94B	$12.38B
Total liabilities	$14.51B	$15.04B	$15.25B	$15.28B	$15.59B	$15.70B	$17.35B	$16.44B	$16.74B	$17.55B
Shareholders' equity	$10.46B	$10.55B	$9.43B	$7.98B	$6.73B	$4.98B	$8.03B	$9.54B	$8.35B	$9.45B

Cash flow

Cash flow
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Operating cash flow	$2.93B	$3.87B	$3.46B	$2.24B	$1.91B	$1.88B	$2.44B	$3.16B	$2.47B	-$1.70B
Capital expenditures	$1.25B	$1.44B	$1.38B	$1.01B	$799.00M	$728.00M	$1.53B	$2.03B	$1.37B	$798.00M
Free cash flow	$1.67B	$2.42B	$2.08B	$1.23B	$1.11B	$1.15B	$915.00M	$1.13B	$1.09B	-$2.50B
Investing cash flow	-$1.32B	-$1.65B	-$1.66B	-$967.00M	-$534.00M	-$486.00M	-$1.45B	-$1.99B	-$1.93B	-$710.00M
Financing cash flow	-$1.99B	-$1.73B	-$1.67B	-$1.80B	-$838.00M	-$1.01B	-$695.00M	-$1.42B	-$2.16B	-$3.54B
Dividends paid	$579.00M	$600.00M	$576.00M	$435.00M	$161.00M	$278.00M	$630.00M	$630.00M	$626.00M	$620.00M
Share repurchases	$1.01B	$1.00B	$800.00M	$250.00M	$0	$100.00M	$100.00M	$400.00M	$0	$0
Depreciation and amortization	$1.14B	$1.08B	$998.00M	$940.00M	$904.00M	$1.06B	$1.63B	$1.61B	$1.56B	$1.50B

Key ratios

Key ratios
Line item	FY2025 Dec 31, 2025	FY2024 Dec 31, 2024	FY2023 Dec 31, 2023	FY2022 Dec 31, 2022	FY2021 Dec 31, 2021	FY2020 Dec 31, 2020	FY2019 Dec 31, 2019	FY2018 Dec 31, 2018	FY2017 Dec 31, 2017	FY2016 Dec 31, 2016
Revenue growth, YoY	-3.3%	-0.3%	13.4%	32.7%	5.9%	-35.5%	-6.6%	16.4%	29.8%	-32.8%
Net income growth, YoY	-48.7%	-5.2%	67.8%	7.9%	-	-	-	-	-	-
EPS growth, YoY	-47.0%	-3.1%	68.8%	6.1%	-	-	-	-	-	-
Gross margin	-	-	-	-	-	-	-	-	79.9%	76.3%
Operating margin	10.2%	16.7%	17.7%	13.3%	11.8%	-16.9%	-2.0%	10.3%	6.7%	-42.6%
Net margin	5.8%	10.9%	11.5%	7.7%	9.5%	-20.4%	-5.0%	6.9%	-2.2%	-36.3%
Free cash flow margin	7.5%	10.6%	9.0%	6.1%	7.3%	8.0%	4.1%	4.7%	5.3%	-15.7%
Return on equity	12.3%	23.7%	28.0%	19.7%	21.7%	-59.1%	-14.1%	17.4%	-5.5%	-61.0%
Return on assets	5.1%	9.8%	10.7%	6.8%	6.5%	-14.2%	-4.5%	6.4%	-1.8%	-21.3%
Current ratio	2.04	2.05	2.06	2.05	2.31	2.14	2.30	2.32	2.22	2.90
Debt to equity	0.68	0.71	0.81	0.99	1.36	1.97	1.29	1.08	1.31	1.31

Income statement

Income statement
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue	$5.70B	$5.71B	$5.40B	$5.66B	$5.60B	$5.51B	$5.42B	$5.61B	$5.70B	$5.83B	$5.80B	$5.74B
Selling, general and admin	$67.00M	$75.00M	$62.00M	$59.00M	$58.00M	$60.00M	$62.00M	$61.00M	$55.00M	$62.00M	$61.00M	$60.00M
Operating income	$624.00M	$778.00M	$679.00M	$746.00M	$356.00M	$727.00M	$431.00M	$932.00M	$871.00M	$1.03B	$987.00M	$1.06B
Pre-tax income	$513.00M	$664.00M	$569.00M	$635.00M	$219.00M	$611.00M	$306.00M	$793.00M	$734.00M	$920.00M	$787.00M	$835.00M
Income tax	$94.00M	$126.00M	$105.00M	$46.00M	$199.00M	$131.00M	$103.00M	$179.00M	$154.00M	$207.00M	$178.00M	$168.00M
Net income	$417.00M	$538.00M	$464.00M	$589.00M	$18.00M	$480.00M	$203.00M	$615.00M	$571.00M	$713.00M	$609.00M	$661.00M
EPS, basic	$0.50	$0.64	$0.55	$0.69	$0.02	$0.55	$0.24	$0.71	$0.65	$0.80	$0.68	-$2199997.07
EPS, diluted	$0.50	$0.64	$0.55	$0.69	$0.02	$0.55	$0.24	$0.70	$0.65	$0.80	$0.68	-$2189997.08
Diluted shares	832.0M	838.0M	839.0M	-	850.0M	857.0M	866.0M	-	881.0M	886.0M	891.0M	-

Balance sheet

Balance sheet
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Cash and equivalents	$1.84B	$2.05B	$2.00B	$2.21B	$2.03B	$2.04B	$1.80B	$2.62B	$2.18B	$2.14B	$1.89B	$2.26B
Receivables	$5.51B	$5.33B	$5.20B	$4.94B	$5.16B	$4.97B	$5.20B	$5.12B	$5.34B	$5.33B	$5.10B	$4.86B
Inventory	$3.27B	$3.06B	$3.02B	$2.98B	$3.10B	$3.07B	$3.04B	$3.04B	$3.19B	$3.28B	$3.26B	$3.23B
Current assets	$12.14B	$11.88B	$11.54B	$11.40B	$11.64B	$11.67B	$11.53B	$12.38B	$12.04B	$11.88B	$11.42B	$11.54B
Goodwill	$3.02B	$3.02B	$2.99B	$2.94B	$2.94B	$2.96B	$2.89B	$2.84B	$2.84B	$2.86B	$2.85B	$2.85B
Total assets	$26.07B	$25.83B	$25.14B	$25.01B	$25.16B	$25.38B	$25.18B	$25.59B	$25.33B	$25.15B	$24.65B	$24.68B
Current liabilities	$6.01B	$5.89B	$5.54B	$5.59B	$5.95B	$5.84B	$5.82B	$6.05B	$5.46B	$5.58B	$5.38B	$5.61B
Short-term debt	$90.00M	$90.00M	$90.00M	$0	$382.00M	$381.00M	$381.00M	$381.00M	-	-	-	$0
Long-term debt	-	-	-	$7.16B	-	-	$7.16B	$7.16B	$7.64B	$7.64B	$7.64B	$7.64B
Total debt	$7.07B	$7.07B	$7.07B	$7.16B	$7.16B	$7.16B	$7.54B	$7.54B	$7.64B	$7.64B	$7.64B	$7.64B
Total liabilities	$14.91B	$14.78B	$14.32B	$14.51B	$14.92B	$14.83B	$14.77B	$15.04B	$14.98B	$15.11B	$14.97B	$15.25B
Shareholders' equity	$11.12B	$11.05B	$10.82B	$10.46B	$10.25B	$10.55B	$10.41B	$10.55B	$10.35B	$10.05B	$9.68B	$9.43B

Cash flow

Cash flow
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Operating cash flow	$368.00M	$824.00M	$273.00M	$1.17B	$488.00M	$896.00M	$377.00M	$1.46B	$841.00M	$1.08B	$487.00M	$1.41B
Capital expenditures	$266.00M	$235.00M	$192.00M	$337.00M	$261.00M	$354.00M	$302.00M	$426.00M	$339.00M	$347.00M	$330.00M	$399.00M
Free cash flow	$102.00M	$589.00M	$81.00M	$828.00M	$227.00M	$542.00M	$75.00M	$1.03B	$502.00M	$734.00M	$157.00M	$1.01B
Investing cash flow	-$144.00M	-$383.00M	-$243.00M	-$199.00M	-$86.00M	-$256.00M	-$784.00M	-$444.00M	-$436.00M	-$393.00M	-$381.00M	-$535.00M
Financing cash flow	-$417.00M	-$382.00M	-$237.00M	-$771.00M	-$405.00M	-$405.00M	-$406.00M	-$545.00M	-$347.00M	-$416.00M	-$422.00M	-$544.00M
Dividends paid	$141.00M	$143.00M	$142.00M	$143.00M	$144.00M	$145.00M	$147.00M	$148.00M	$150.00M	$151.00M	$151.00M	$143.00M
Share repurchases	$250.00M	$208.00M	$100.00M	$250.00M	$250.00M	$257.00M	$250.00M	$309.00M	$196.00M	$250.00M	$250.00M	$254.00M
Depreciation and amortization	$296.00M	$296.00M	$295.00M	$290.00M	$285.00M	$284.00M	$277.00M	$275.00M	$270.00M	$271.00M	$263.00M	$256.00M

Key ratios

Key ratios
Line item	Q3 2026 Sep 30, 2026	Q2 2026 Jun 30, 2026	Q1 2026 Mar 31, 2026	Q4 2025* Dec 31, 2025	Q3 2025 Sep 30, 2025	Q2 2025 Jun 30, 2025	Q1 2025 Mar 31, 2025	Q4 2024* Dec 31, 2024	Q3 2024 Sep 30, 2024	Q2 2024 Jun 30, 2024	Q1 2024 Mar 31, 2024	Q4 2023* Dec 31, 2023
Revenue growth, YoY	1.8%	3.7%	-0.3%	0.8%	-1.7%	-5.5%	-6.7%	-2.2%	-1.8%	0.6%	2.2%	2.8%
Net income growth, YoY	2216.7%	12.1%	128.6%	-4.2%	-96.8%	-32.7%	-66.7%	-7.0%	-20.3%	15.7%	-7.0%	0.8%
EPS growth, YoY	2400.0%	16.4%	129.2%	-1.4%	-96.9%	-31.3%	-64.7%	-	-100.0%	-100.0%	-100.0%	-
Operating margin	10.9%	13.6%	12.6%	13.2%	6.4%	13.2%	8.0%	16.6%	15.3%	17.7%	17.0%	18.4%
Net margin	7.3%	9.4%	8.6%	10.4%	0.3%	8.7%	3.7%	11.0%	10.0%	12.2%	10.5%	11.5%
Free cash flow margin	1.8%	10.3%	1.5%	14.6%	4.1%	9.8%	1.4%	18.4%	8.8%	12.6%	2.7%	17.6%
Current ratio	2.02	2.02	2.08	2.04	1.95	2.00	1.98	2.05	2.21	2.13	2.12	2.06
Debt to equity	0.64	0.64	0.65	0.68	0.70	0.68	0.72	0.71	0.74	0.76	0.79	0.81

Source: XBRL data Halliburton Company files with the SEC, latest filing dated Oct 23, 2026 (see filings on SEC EDGAR). Provided for information only, not investment advice. Check the filing before relying on a number.

* Worked out from the filings rather than stated in them: Q4 is the full year less the first nine months.

Per-share figures are as filed. The filings show no stock split in these periods.

EPS growth is left out where the share count moved enough to suggest a split the filings do not show. Growth rates need a positive starting figure. CAGR is compound annual growth between fiscal years. The CSV holds every period on file, in full figures, from the same SEC filings.

HAL peers

Company	Revenue	Growth	Net income	Net margin	Market cap
HAL	$22.48B	+1.5%	$2.01B	8.9%	$26.33B
SLBSLB Limited	$36.89B	+4.6%	$3.10B	8.4%	$73.68B
BKRBaker Hughes Company	$28.74B	+3.7%	$2.90B	10.1%	$47.53B
NOVNOV Inc.	$8.69B	-1.0%	$148.00M	1.7%	$6.26B
WFRDWeatherford International plc	$4.69B	-5.7%	$409.00M	8.7%	$6.12B
OIIOceaneering International Inc.	$2.91B	+3.0%	$331.39M	11.4%	$3.40B

HAL FAQ

8 questions

What is HAL revenue?
Halliburton Company (HAL) reported $22.48B of revenue for the twelve months ended Sep 30, 2026. That is up 1.5% from the year before. Revenue for fiscal 2025 was $22.18B.
Is HAL profitable?
Yes. Halliburton Company earned $2.01B in net income for the twelve months ended Sep 30, 2026, a net margin of 8.9%.
How much cash and debt does HAL have?
Halliburton Company reported $1.84B in cash and cash equivalents and $7.07B of debt on its most recent balance sheet in SEC filings.
How fast is HAL revenue growing?
Halliburton Company's revenue changed -3.3% in fiscal 2025, to $22.18B. Its compound annual growth rate was +9.0% over 5 years and -0.6% over 10 years.
What is HAL free cash flow?
Halliburton Company generated $1.60B of free cash flow for the twelve months ended Sep 30, 2026, which is operating cash flow of $2.63B less capital expenditures.
What is HAL earnings per share?
Diluted earnings per share were $2.38 for the twelve months ended Sep 30, 2026, from SEC filings, restated for any stock split those filings show.
When did HAL last report financial results?
The latest statements here come from Halliburton Company's 10-Q filed on Oct 23, 2026, covering the period ended Sep 30, 2026.
Where does this HAL financial data come from?
Quantisnow builds these statements from the structured XBRL data Halliburton Company files with the SEC. It is provided for information only and is not investment advice.