HALLIBURTON COMPANY (HAL) — financial distillation
Annual history (10-K)
Quarterly history (10-Q)
Two headline lines are shown to start. Click any item in a legend to add or remove it — every figure on the chart is one the table below also carries, for the period it names.
In brief, from the full filed history
- Revenue grew from $15.26B (period ending 2007-12-31) to $22.18B (period ending 2025-12-31) — a 2.1% annual pace across 18 year(s) of filed history.
- Net margin compressed from 22.8% to 5.8% over that same span.
- Across 54 tracked quarters, the strongest was $8.70B (quarter ending 2014-09-30) and the weakest was $2.98B (quarter ending 2020-09-30).
Annual — most recent 10-K
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $22.18B | 2025-12-31 | 10-K | 0000045012-26-000015 |
| Operating income | $2.26B | 2025-12-31 | 10-K | 0000045012-26-000015 |
| Net income | $1.28B | 2025-12-31 | 10-K | 0000045012-26-000015 |
| Diluted EPS | $-1.29 | 2019-12-31 | 10-K | 0000045012-20-000031 |
| Total assets | $25.01B | 2025-12-31 | 10-K | 0000045012-26-000015 |
| Total liabilities | $14.51B | 2025-12-31 | 10-K | 0000045012-26-000015 |
| Cash & equivalents | $2.21B | 2025-12-31 | 10-K | 0000045012-26-000015 |
| Operating cash flow | $2.93B | 2025-12-31 | 10-K | 0000045012-26-000015 |
Quarterly — most recent 10-Q
| Line | Value | Period ends | Form | Filing |
|---|---|---|---|---|
| Revenue | $5.71B | 2026-06-30 | 10-Q | 0000045012-26-000061 |
| Operating income | $778.0M | 2026-06-30 | 10-Q | 0000045012-26-000061 |
| Net income | $534.0M | 2026-06-30 | 10-Q | 0000045012-26-000061 |
| Diluted EPS | $0.64 | 2026-06-30 | 10-Q | 0000045012-26-000061 |
| Total assets | $25.83B | 2026-06-30 | 10-Q | 0000045012-26-000061 |
| Total liabilities | $14.78B | 2026-06-30 | 10-Q | 0000045012-26-000061 |
| Cash & equivalents | $2.05B | 2026-06-30 | 10-Q | 0000045012-26-000061 |
| Operating cash flow | $273.0M | 2026-03-31 | 10-Q | 0000045012-26-000039 |
Reading
The figures above are taken directly from filings with the U.S. Securities and Exchange Commission. The reading below was generated by a local language model from only those figures; it introduces no numbers of its own. It is not investment advice.
Halliburton Company’s business scale is substantial, with a revenue of $22.18 billion in 2025, reflecting a modest 2.1% annual growth over an 18-year period. The company’s net margin has experienced compression, shrinking from 22.8% to 5.8% during the same timeframe. This trend indicates a growing revenue base but with decreasing profitability relative to sales.
The multi-year trajectory reveals periods of expansion and contraction, with notable fluctuations in net income, including significant losses in 2015 through 2017 and again in 2020. Despite these setbacks, Halliburton has demonstrated resilience, gradually recovering to post positive net income from 2018 onwards, albeit with varying magnitudes. The most recent quarterly revenue of $5.71 billion and net income of $534 million suggest continued operations within this range.
In the upcoming filings, investors should monitor Halliburton’s ability to sustain or improve upon its current profitability levels amidst a challenging industry environment characterized by fluctuating oil prices and geopolitical uncertainties. Additionally, the company’s management strategies for cost control and operational efficiency will be crucial in determining future margin trends. The historical data indicates that despite revenue growth, maintaining healthy margins remains a key challenge.
Source: SEC EDGAR company facts for CIK 0000045012 · filings index