How does Halliburton (HAL) make money?

Halliburton (HAL) primarily makes money through Completion And Production, which accounts for 57.2% of total revenue. For TTM through Q1 2026, Halliburton generated $22.17B in total revenue with a net profit margin of 6.9%.

What is Halliburton (HAL) gross profit margin?

Halliburton (HAL) reported a gross profit margin of 15.3% for TTM through Q1 2026, equivalent to $3.40B in gross profit. This means Halliburton retains 15.3% of each revenue unit after direct costs of production.

What is Halliburton (HAL) operating profit margin?

Halliburton (HAL) reported an operating profit margin of 11.3% for TTM through Q1 2026, equivalent to $2.51B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.

What is Halliburton (HAL) net profit margin?

Halliburton (HAL) reported a net profit margin of 6.9% for TTM through Q1 2026, equivalent to $1.54B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.

How much does Halliburton (HAL) invest in R&D?

Halliburton (HAL) invested $411.00M in research and development in TTM through Q1 2026 (1.9% of total revenue). R&D spending reflects investment in future products, services, and technologies.

How much does Halliburton (HAL) spend on capital expenditures?

Halliburton (HAL) spent $1.14B on capital expenditures in TTM through Q1 2026 (5.2% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.

What is Halliburton (HAL) free cash flow?

Halliburton (HAL) generated $1.68B in free cash flow for TTM through Q1 2026 (7.6% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.

What is Halliburton (HAL) effective tax rate?

Halliburton (HAL) had an effective tax rate of 23.6% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

How Halliburton (HAL) Makes Money: A Visual Guide

Halliburton (HAL) generated $22.17B in revenue, earning $1.54B in net profit (6.9% margin). Its largest revenue source is Completion And Production (57.2% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.

Halliburton (HAL) Income Statement Flow — TTM through Q1 2026

Calculated from the four most recent reported quarters, ending March 31, 2026 (reported April 24, 2026).

Frequently asked questions

How does Halliburton (HAL) make money?: Halliburton (HAL) primarily makes money through Completion And Production, which accounts for 57.2% of total revenue. For TTM through Q1 2026, Halliburton generated $22.17B in total revenue with a net profit margin of 6.9%.
What is Halliburton (HAL) gross profit margin?: Halliburton (HAL) reported a gross profit margin of 15.3% for TTM through Q1 2026, equivalent to $3.40B in gross profit. This means Halliburton retains 15.3% of each revenue unit after direct costs of production.
What is Halliburton (HAL) operating profit margin?: Halliburton (HAL) reported an operating profit margin of 11.3% for TTM through Q1 2026, equivalent to $2.51B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Halliburton (HAL) net profit margin?: Halliburton (HAL) reported a net profit margin of 6.9% for TTM through Q1 2026, equivalent to $1.54B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Halliburton (HAL) invest in R&D?: Halliburton (HAL) invested $411.00M in research and development in TTM through Q1 2026 (1.9% of total revenue). R&D spending reflects investment in future products, services, and technologies.
How much does Halliburton (HAL) spend on capital expenditures?: Halliburton (HAL) spent $1.14B on capital expenditures in TTM through Q1 2026 (5.2% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Halliburton (HAL) free cash flow?: Halliburton (HAL) generated $1.68B in free cash flow for TTM through Q1 2026 (7.6% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Halliburton (HAL) effective tax rate?: Halliburton (HAL) had an effective tax rate of 23.6% for TTM through Q1 2026. This is the actual percentage of pre-tax income paid as income taxes.

Data & methodology

What is a Sankey diagram?: A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
How is the data calculated?: We use the income statement from company filings. For TTM (Trailing Twelve Months), we use a pre-aggregated twelve-month view aligned with our latest four quarterly periods. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
When was this data last updated?: Based on company filings through TTM through Q1 2026.