Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 13.62% is in line with its 5-year average of 13.96%, around the middle of its 5-year range (6.36%–18.44%).
As of the fiscal period ended Tuesday, June 30, 2026. 15.54% above its 12-month average of 11.78%.
Reported quarterly operating margin; no daily interpolation.
OPERATING MARGIN
13.62%
OPERATING MARGIN AVG TTM
11.78%
OPERATING MARGIN AVG 3Y
15.07%
OPERATING MARGIN AVG 5Y
13.96%
OPERATING MARGIN AVG 10Y
10.76%
OPERATING MARGIN AVG 15Y
11.31%
OPERATING MARGIN AVG 20Y
13.37%
CURRENT VS TTM AVG
+15.54%
CURRENT VS 3Y AVG
-9.66%
CURRENT VS 5Y AVG
-2.46%
CURRENT VS 10Y AVG
+26.51%
CURRENT VS 15Y AVG
+20.35%
CURRENT VS 20Y AVG
+1.86%
SECTOR MEDIAN · ENERGY
16.66%
median of 42 covered companies
CURRENT VS SECTOR MEDIAN
-18.27%
vs the sector median at left
Halliburton Company
Market Cap
$26.64B
Operating Margin
13.62%
TTM Avg
11.78%
3Y Avg
15.07%
5Y Avg
13.96%
Market Cap
$24.72B
Operating Margin
31.10%
TTM Avg
28.70%
3Y Avg
37.80%
5Y Avg
36.12%
Market Cap
$23.50B
Operating Margin
74.92%
TTM Avg
75.28%
3Y Avg
77.94%
5Y Avg
77.33%
Market Cap
$30.10B
Operating Margin
18.84%
TTM Avg
24.34%
3Y Avg
30.59%
5Y Avg
24.82%
Market Cap
$21.49B
Operating Margin
17.49%
TTM Avg
-0.77%
3Y Avg
17.98%
5Y Avg
-10.55%
Market Cap
$32.33B
Operating Margin
34.70%
TTM Avg
23.91%
3Y Avg
28.96%
5Y Avg
10.49%
Market Cap
$32.38B
Operating Margin
34.05%
TTM Avg
36.01%
3Y Avg
47.14%
5Y Avg
37.71%
Market Cap
$13.30B
Operating Margin
32.67%
TTM Avg
31.84%
3Y Avg
37.53%
5Y Avg
31.29%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Halliburton Company (HAL) | $26.64B | 13.62% | 11.78% | 15.07% | 13.96% |
| Tenaris S.A. (TS)vs › | $28.46B | 19.10% | 19.23% | 23.17% | 15.11% |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 31.10% | 28.70% | 37.80% | 36.12% |
| Texas Pacific Land Corporation (TPL)vs › | $23.50B | 74.92% | 75.28% | 77.94% | 77.33% |
| Devon Energy Corporation (DVN)vs › | $30.10B | 18.84% | 24.34% | 30.59% | 24.82% |
| Expand Energy Corporation (EXE)vs › | $21.49B | 17.49% | -0.77% | 17.98% | -10.55% |
| EQT Corporation (EQT)vs › | $32.33B | 34.70% | 23.91% | 28.96% | 10.49% |
| Venture Global, Inc. (VG)vs › | $32.38B | 34.05% | 36.01% | 47.14% | 37.71% |
| APA Corporation (APA)vs › | $13.30B | 32.67% | 31.84% | 37.53% | 31.29% |
| Cameco Corporation (CCJ)vs › | $42.42B | 14.57% | 16.48% | 11.17% | 5.18% |
Gross Margin
15.1%
Operating Margin
13.6%
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
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 13.62% |
| 2026-03-31 | 12.57% |
| 2025-12-31 | 13.19% |
| 2025-09-30 | 6.36% |
| 2025-06-30 | 13.19% |
| 2025-03-31 | 7.96% |
| 2024-12-31 | 16.61% |
| 2024-09-30 | 15.29% |
| 2024-06-30 | 17.69% |
| 2024-03-31 | 17.01% |
| 2023-12-31 | 18.44% |
| 2023-09-30 | 17.87% |
| 2023-06-30 | 17.44% |
| 2023-03-31 | 17.21% |
| 2022-12-31 | 17.48% |
| 2022-09-30 | 15.79% |
| 2022-06-30 | 7.37% |
| 2022-03-31 | 11.93% |
| 2021-12-31 | 12.86% |
| 2021-09-30 | 11.55% |
| 2021-06-30 | 11.71% |
| 2021-03-31 | 10.72% |
| 2020-12-31 | -2.97% |
| 2020-09-30 | 4.77% |
| 2020-06-30 | -59.79% |
| 2020-03-31 | -11.34% |
| 2019-12-31 | -31.82% |
| 2019-09-30 | 9.66% |
| 2019-06-30 | 5.11% |
| 2019-03-31 | 6.36% |
| 2018-12-31 | 10.24% |
| 2018-09-30 | 11.60% |
| 2018-06-30 | 12.84% |
| 2018-03-31 | 6.17% |
| 2017-12-31 | 6.45% |
| 2017-09-30 | 11.79% |
| 2017-06-30 | 2.95% |
| 2017-03-31 | 4.74% |
| 2016-12-31 | 1.32% |
| 2016-09-30 | 3.34% |
| 2016-06-30 | -101.17% |
| 2016-03-31 | -73.34% |
| 2015-12-31 | 1.69% |
| 2015-09-30 | 0.77% |
| 2015-06-30 | 4.29% |
| 2015-03-31 | -7.77% |
| 2014-12-31 | 14.81% |
| 2014-09-30 | 18.78% |
| 2014-06-30 | 14.83% |
| 2014-03-31 | 13.20% |
| 2013-12-31 | 14.98% |
| 2013-09-30 | 14.83% |
| 2013-06-30 | 13.45% |
| 2013-03-31 | 12.93% |
| 2012-12-31 | 13.46% |
| 2012-09-30 | 13.42% |
| 2012-06-30 | 16.60% |
| 2012-03-31 | 14.90% |
| 2011-12-31 | 20.24% |
| 2011-09-30 | 20.34% |
| 2011-06-30 | 19.56% |
| 2011-03-31 | 15.41% |
| 2010-12-31 | 18.99% |
| 2010-09-30 | 17.53% |
| 2010-06-30 | 17.37% |
| 2010-03-31 | 11.94% |
| 2009-12-31 | 11.61% |
| 2009-09-30 | 13.21% |
| 2009-06-30 | 13.62% |
| 2009-03-31 | 15.77% |
| 2008-12-31 | 23.69% |
| 2008-09-30 | 21.66% |
| 2008-06-30 | 21.15% |
| 2008-03-31 | 21.02% |
| 2007-12-31 | 21.70% |
| 2007-09-30 | 23.17% |
| 2007-06-30 | 23.91% |
| 2007-03-31 | 23.03% |
| 2006-12-31 | 17.55% |
| 2006-09-30 | 25.65% |
| 2006-06-30 | 24.39% |
| 2006-03-31 | 23.55% |
| 2005-12-31 | 13.45% |
| 2005-09-30 | 13.70% |
| 2005-06-30 | 11.98% |
| 2005-03-31 | 12.02% |
| 2004-12-31 | 6.68% |
| 2004-09-30 | 7.13% |
| 2004-06-30 | -0.52% |
| 2004-03-31 | 3.17% |
| 2003-12-31 | 5.55% |
| 2003-09-30 | 4.92% |
| 2003-06-30 | 1.97% |
| 2003-03-31 | 4.61% |
| 2002-12-31 | -0.63% |
| 2002-09-30 | 6.41% |