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Halliburton Company (HAL) Operating Margin: 11.31%

Is Halliburton Company’s operating margin high or low?

Halliburton Company's operating margin of 11.31% is 28% above its 5-year average of 8.81%, near the high end of its 5-year range (-16.86%–17.74%).

As of Wednesday, June 24, 2026. 15.75% below its 12-month average of 13.43%.

HAL Operating Margin

HAL Operating Margin Chart

10.19%

Reported annual fiscal-period values; no daily interpolation.

+1555.71% 10Y
HAL Operating Margin

HAL Average Operating Margin Chart

HAL Operating Margin

HAL Current vs Average Operating Margin Chart

HAL Operating Margin Metrics

OPERATING MARGIN

11.31%

OPERATING MARGIN AVG TTM

13.43%

OPERATING MARGIN AVG 3Y

14.48%

OPERATING MARGIN AVG 5Y

8.81%

OPERATING MARGIN AVG 10Y

2.22%

OPERATING MARGIN AVG 15Y

11.78%

OPERATING MARGIN AVG 20Y

15.11%

CURRENT VS TTM AVG

-15.75%

CURRENT VS 3Y AVG

-21.91%

CURRENT VS 5Y AVG

+28.43%

CURRENT VS 10Y AVG

+408.42%

CURRENT VS 15Y AVG

-4.02%

CURRENT VS 20Y AVG

-25.13%

HAL Competitors' Operating Margin

NAMEMARKET CAPOPERATING MARGINTTM3Y5Y
Halliburton Company (HAL)$29.33B11.31%13.43%14.48%8.81%
Tenaris S.A. (TS)vs ›$31.14B19.10%19.23%23.17%15.11%
EQT Corporation (EQT)vs ›$32.31B46.73%23.91%28.96%10.49%
Coterra Energy Inc. (CTRA)vs ›$24.72B31.10%28.70%37.80%36.12%
Expand Energy Corporation (EXE)vs ›$21.23B28.96%-0.77%17.98%-10.55%
APA Corporation (APA)vs ›$12.10B34.63%31.84%37.53%31.29%
Cameco Corporation (CCJ)vs ›$47.43B16.59%16.48%11.17%5.18%
Antero Midstream Corporation (AM)vs ›$10.55B57.56%53.61%54.17%43.65%
Occidental Petroleum Corporation (OXY)vs ›$51.95B12.39%19.63%24.70%17.59%
Weatherford International plc (WFRD)vs ›$6.43B15.11%16.19%14.46%3.45%

Operating Efficiency

Gross Margin

15.3%

Operating Margin

11.3%

Halliburton Company Operating Margin Formula & Definition

Operating Margin = Operating Income / Revenue

Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Halliburton Company Operating Margin FAQ

What is the operating margin for Halliburton Company (HAL)?
The operating margin for HAL stock is 11.31%.
Is Halliburton Company's operating margin high or low?
Halliburton Company's operating margin of 11.31% is 28% above its 5-year average of 8.81%, near the high end of its 5-year range (-16.86%–17.74%).
What is the TTM average operating margin for Halliburton Company (HAL)?
The TTM average operating margin for HAL stock is 13.43%.
What is the 3Y average operating margin for Halliburton Company (HAL)?
The 3Y average operating margin for HAL stock is 14.48%.
What is the 5Y average operating margin for Halliburton Company (HAL)?
The 5Y average operating margin for HAL stock is 8.81%.
What is the 10Y average operating margin for Halliburton Company (HAL)?
The 10Y average operating margin for HAL stock is 2.22%.
What is the 15Y average operating margin for Halliburton Company (HAL)?
The 15Y average operating margin for HAL stock is 11.78%.
What is the 20Y average operating margin for Halliburton Company (HAL)?
The 20Y average operating margin for HAL stock is 15.11%.

Halliburton Company Operating Margin History

DATEOPERATING MARGIN
2025-12-3110.19%
2024-12-3116.66%
2023-12-3117.74%
2022-12-3113.34%
2021-12-3111.77%
2020-12-31-16.86%
2019-12-31-2.00%
2018-12-3110.28%
2017-12-316.66%
2016-12-31-42.61%
2015-12-31-0.70%
2014-12-3115.51%
2013-12-3114.07%
2012-12-3115.64%
2011-12-3119.08%
2010-12-3116.74%
2009-12-3113.59%
2008-12-3121.94%
2007-12-3122.92%
2006-12-3125.05%
2005-12-3121.43%
2004-12-314.12%
2003-12-314.43%
2002-12-31-0.89%
2001-12-318.31%
2000-12-313.87%
1999-12-313.26%
1998-12-317.20%
1997-12-318.63%
1996-12-317.09%

About Halliburton Company

Halliburton Company (HAL) is a global supplier of products and services tailored for the energy sector. Its operations are structured into two primary divisions: Completion and Production, and Drilling and Evaluation. The Completion and Production segment focuses on enhancing well output through techniques like stimulation and sand control. It provides cementing services for well integrity, including casing and bonding, alongside a range of specialized downhole completion tools such as intelligent well systems, liner hangers, and multilateral solutions. This segment also supports production with offerings like coiled tubing, hydraulic workover units, pumping, and nitrogen services, in addition to managing pipeline and process services from initial setup (pre-commissioning, commissioning) through ongoing maintenance and eventual retirement (decommissioning). Furthermore, it supplies electrical submersible pumps and delivers artificial lift solutions. The Drilling and Evaluation segment offers a comprehensive suite of drilling fluids, including systems, performance additives, completion fluids, solids control, specialized testing equipment, and waste management services. It also provides chemicals and associated services for oilfield completion, production, and downstream water and process treatment. This division includes advanced drilling systems, wireline and perforating services encompassing open-hole logging and cased-hole slickline operations, and a variety of drill bits (e.g., roller cone, fixed cutter), hole enlargement tools, and coring services. Moreover, it leverages cloud-based digital services and artificial intelligence on an open architecture to deliver subsurface insights, streamline well construction, and optimize reservoir and production management. Specialized testing and subsea services are also offered for reservoir information analysis and optimization strategies, alongside project management and integrated asset management services. Founded in 1919, Halliburton Company maintains its headquarters in Houston, Texas.

Houston, TX
48,000 employees
Energy / Oil & Gas Equipment & Services
Sector
Energy
Industry
Oil & Gas Equipment & Services
CEO
Jeffrey Allen Miller