Capital Expenditures for Halliburton (HAL)
According to Halliburton's latest reported financial statements, the company's current capital expenditures (TTM) is $1.14B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

HAL
Currently viewingCapital ExpendituresSwitch metric
Latest period
$1.14B
YoY change
-13.0%
5Y CAGR
+11.5%
Peak year (2012)
$3.57B
Cumulative capital expenditures
$44.66B
CapEx history chart for Halliburton (HAL) from 1989 to 2025
CapEx history table for Halliburton (HAL) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $1.25B | -13.0% | ||
| 2024 | $1.44B | +4.6% | ||
| 2023 | $1.38B | +36.4% | ||
| 2022 | $1.01B | +26.5% | ||
| 2021 | $799.00M | +9.8% | ||
| 2020 | $728.00M | -52.4% | ||
| 2019 | $1.53B | -24.5% | ||
| 2018 | $2.03B | +47.6% | ||
| 2017 | $1.37B | +72.1% | ||
| 2016 | $798.00M | -63.5% | ||
| 2015 | $2.18B | -33.5% | ||
| 2014 | $3.28B | +11.9% | ||
| 2013 | $2.93B | -17.7% | ||
| 2012 | $3.57B | +20.8% | ||
| 2011 | $2.95B | +42.7% | ||
| 2010 | $2.07B | +11.0% | ||
| 2009 | $1.86B | -24.7% | ||
| 2008 | $2.48B | +56.4% | ||
| 2007 | $1.58B | +77.7% | ||
| 2006 | $891.00M | +36.9% | ||
| 2005 | $651.00M | +13.2% | ||
| 2004 | $575.00M | +11.7% | ||
| 2003 | $515.00M | -32.6% | ||
| 2002 | $764.00M | -4.1% | ||
| 2001 | $797.00M | +37.9% | ||
| 2000 | $578.00M | -4.6% | ||
| 1999 | $606.00M | -36.5% | ||
| 1998 | $954.70M | +65.4% | ||
| 1997 | $577.10M | +45.8% | ||
| 1996 | $395.70M | +36.4% | ||
| 1995 | $290.10M | +18.1% | ||
| 1994 | $245.70M | -0.5% | ||
| 1993 | $246.90M | -21.8% | ||
| 1992 | $315.90M | -25.8% | ||
| 1991 | $425.90M | +25.9% | ||
| 1990 | $338.30M | +38.2% | ||
| 1989 | $244.80M | — |
CapEx values are taken from Halliburton's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
The 2025 reading of Halliburton (HAL) capital expenditures is $1.25B – declined 13.0% year-over-year.
Over 2020–2025 (5 years), Halliburton capital expenditures expanded at a +11.5% compound annual rate, with the latest reading among the more recent periods of the dataset.
Halliburton capital expenditures peaked at $3.57B in 2012; the latest annual figure is $1.25B in 2025 (64.8% below peak).
The dataset's maximum capital expenditures sits at $3.57B (2012); the minimum reading of $244.80M dates to 1989.
Among 8 Energy peers, Halliburton (HAL) ranks 8th; the peer median for capital expenditures is $5.50B.
Halliburton Capital Expenditures by Year
Halliburton Capital Expenditures 2025: $1.25B
Halliburton capital expenditures in 2025 was $1.25B, declined 13.0% below 2024.
Halliburton Capital Expenditures 2024: $1.44B
Halliburton capital expenditures in 2024 was $1.44B, edged up 4.6% from 2023.
Halliburton Capital Expenditures 2023: $1.38B
Halliburton capital expenditures in 2023 was $1.38B, surged 36.4% from 2022.
Halliburton Capital Expenditures 2022: $1.01B
Halliburton capital expenditures in 2022 was $1.01B, grew 26.5% from 2021.
Halliburton Capital Expenditures 2021: $799.00M
Halliburton capital expenditures in 2021 was $799.00M.
See more financial history for Halliburton (HAL).
Sector peers — CapEx
Companies in the same sector as Halliburton, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $28.36B | Energy |
| Chevron Corporation (CVX) | $17.35B | Energy |
| Enbridge Inc. (ENB) | $8.97B | Energy |
| EOG Resources, Inc. (EOG) | $6.12B | Energy |
| The Williams Companies, Inc. (WMB) | $4.89B | Energy |
| ConocoPhillips (COP) | $3.02B | Energy |
| SLB N.V. (SLB) | $1.69B | Energy |
| Valero Energy Corporation (VLO) | $796.00M | Energy |
Frequently asked questions
What is Halliburton's capital expenditures?
- Latest reported capital expenditures for Halliburton (HAL) is $1.14B (period ending March 31, 2026).
How has Halliburton capital expenditures changed year-over-year?
- Halliburton (HAL) capital expenditures changed -13.0% year-over-year on the latest annual filing.
What is the long-term growth rate of Halliburton capital expenditures?
- Halliburton (HAL) capital expenditures compound annual growth rate is +11.5% over the most recent 5 years available.
When did Halliburton capital expenditures hit its highest annual value?
- Halliburton capital expenditures reached its highest annual value of $3.57B in 2012.
What was Halliburton capital expenditures in 2024?
- Halliburton (HAL) capital expenditures in 2024 was $1.44B.
What was Halliburton capital expenditures in 2025?
- Halliburton (HAL) capital expenditures in 2025 was $1.25B.
Metrics overview
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