HAL Halliburton margins

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Relative Growth: Rel. Growth: 33
Relative Strength: Rel. Strength: 57
Relative Valuation: Rel. Valuation: 71
Relative Profitability: Rel. Profitability: 49
Gross margin
15.1%
Operating margin
11.4%
EBITDA margin
16%
Net margin
7.2%

Based on the latest figures, Halliburton reports a gross margin of 15.1%, an operating margin of 11.4%, an EBITDA margin of 16%, and a net margin of 7.2%. The company's available margins all deteriorated, with gross margin reporting the strongest contraction of 2 percentage points.

HAL margin history

Gross, operating, EBITDA and net margin trends

Looking back over the last 3 years, Halliburton recorded average margins of 17.51% gross, 14.42% operating, 18.22% EBITDA, and 9.06% net. Compared with their three-year averages, all four current margins are lower.

HAL margin expansion

Year-over-year margin changes in percentage points

Gross margin led the decline, falling by 2 percentage points, while the other available margins also decreased.

Gross margin expansion
-2pp
Operating margin expansion
-1.9pp
EBITDA margin expansion
-1.5pp
Net margin expansion
-1.2pp

HAL Gross margin

Halliburton's gross margin averaged 17.51% during the last 3 years. Compared with its three-year average, Halliburton's current gross margin is 15.1% and is 2.4 percentage points below its three-year average. Over the last 3 years, Halliburton's gross margin peaked at 19.2% in Jun 2024 and reached a low of 15.1% in Jun 2026.

HAL Operating margin

Looking back over the last 3 years, Halliburton recorded an average operating margin of 14.42%. Halliburton's current operating margin is 11.4% and is 3 percentage points below its three-year average. The highest operating margin for Halliburton was 17.7% in Jun 2024, while the lowest was 10.2% in Dec 2025.

HAL EBITDA margin

Halliburton's EBITDA margin averaged 18.22% over the last 3 years. Compared with its three-year average, Halliburton's current EBITDA margin is 16% and is 2.2 percentage points below its three-year average. Over the last 3 years, Halliburton's EBITDA margin peaked at 21% in Jun 2024 and reached a low of 14.7% in Dec 2025.

HAL Net margin

Across the last 3 years, Halliburton's net margin averaged 9.06%. Compared with its three-year average, Halliburton's current net margin is 7.2% and is 1.9 percentage points below its three-year average. Net margin was highest at 11.6% in Jun 2024 and lowest at 5.8% in Dec 2025.

HAL margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 15.1%, HAL stands below the Energy sector, the industry and its peers average. Compared to its Energy sector average of 42.7%, Halliburton's gross margin is 65% lower.

HAL margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Halliburton's gross margin?

The current gross margin for HAL is 15.1% as of Jun 30, 2026.

What is Halliburton's operating margin?

As of Jun 30, 2026, HAL has an operating margin of 11.4%.

What is Halliburton's EBITDA margin?

As of Jun 30, 2026, HAL has an EBITDA margin of 16%.

What is Halliburton's net margin?

As of Jun 30, 2026, HAL has a net margin of 7.2%.

What are the average margins of HAL?

Halliburton's average margins over the last 3 years were 17.5% gross, 14.4% operating, 18.2% EBITDA, and 9.1% net.

What are the highest historical margins of HAL?

Over the last 5 years, Halliburton's highest margins were 19.2% gross in Jun 2024, 17.7% operating in Jun 2024, 21% EBITDA in Jun 2024, and 11.6% net in Jun 2024.

What are the lowest historical margins of HAL?

Halliburton's lowest recorded margins during the past 5 years were 13.2% gross in Dec 2021, 10.2% operating in Dec 2025, 14.7% EBITDA in Dec 2025, and 5.8% net in Dec 2025.