Based on the latest figures, Halliburton reports a gross margin of 14.9%, an operating margin of 12.6%, an EBITDA margin of 17.3%, and a net margin of 8.9%. Net margin reported the largest year-over-year gain at 3 percentage points, while gross margin reported the largest decline at 1.3 percentage points.
HAL margin history
Looking back over the last 3 years, Halliburton recorded average margins of 17.29% gross, 14.27% operating, 18.14% EBITDA, and 9.05% net. Compared with their three-year averages, all four current margins are lower.
HAL margin expansion
The largest positive change was in net margin, up 3 percentage points. Operating margin also expanded by 1.6 percentage points and Ebitda margin also expanded by 2 percentage points, while gross margin contracted by 1.3 percentage points.
HAL Gross margin
Halliburton's gross margin averaged 17.29% during the last 3 years. Compared with its three-year average, Halliburton's current gross margin is 14.9% 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 14.9% in Sep 2026.
HAL Operating margin
Looking back over the last 3 years, Halliburton recorded an average operating margin of 14.27%. Halliburton's current operating margin is 12.6% and is 1.7 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 18.14% over the last 3 years. Compared with its three-year average, Halliburton's current EBITDA margin is 17.3% and is 0.8 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 9.05%. Compared with its three-year average, Halliburton's current net margin is 8.9% and is 0.2 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
With a gross margin of 14.9%, 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
Frequently asked questions
What is Halliburton's gross margin?
The current gross margin for HAL is 14.9% as of Sep 30, 2026.
What is Halliburton's operating margin?
As of Sep 30, 2026, HAL has an operating margin of 12.6%.
What is Halliburton's EBITDA margin?
As of Sep 30, 2026, HAL has an EBITDA margin of 17.3%.
What is Halliburton's net margin?
As of Sep 30, 2026, HAL has a net margin of 8.9%.
What are the average margins of HAL?
Halliburton's average margins over the last 3 years were 17.3% gross, 14.3% operating, 18.1% 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.