HAL FINANCIAL STATEMENTS

Halliburton Company — balance sheet, income statement and cash flow trends

HALHalliburton Company

🇺🇸 USA · US · Energy · Oil & Gas Equipment & Services

Value it Duel

Income Statement

Quarterly progression — trailing-twelve-month values

RevenueNet Income

Profit Funnel

Q1 2026 · TTM

Percentages are relative to revenue.

Key Figures

YoY change

Revenue22.2 B $-1.7%

Gross Profit3.4 B $-17.2%

Operating Income2.5 B $-23.2%

EBITDA4.1 B $-12.5%

Net Income1.5 B $-26.6%

Peer Comparison· Oil & Gas Equipment & Services

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
HAL	-1.7%	15.3%	18.5%	6.9%
SBMO	23.8%	34.2%	31.3%	15.6%
WOR	-1.8%	7.1%	7.7%	3.1%
SUBC	5.4%	16.4%	10.5%	6.7%
PSI	-3.3%	43.6%	33.0%	11.3%
MATR	26.0%	22.5%	10.3%	0.1%
Industry median	-0.4%	18.0%	15.5%	4.4%

Company	Rev. Growth	Gross Margin	EBITDA Margin	Net Margin
HAL	-1.7%	15.3%	18.5%	6.9%
FTI	9.5%	22.4%	18.5%	10.6%
BKR	0.2%	23.6%	18.3%	11.2%
SLB	-0.4%	17.3%	20.5%	9.2%
NOV	-1.4%	19.5%	8.5%	1.1%
AROC	22.7%	57.2%	57.8%	21.4%
Industry median	-0.4%	18.0%	15.5%	4.4%

Balance Sheet

Quarterly period-end values

Total AssetsTotal LiabilitiesEquity

Capital Structure

Q1 2026

Equity10.8 B $43%
Current Liabilities5.5 B $22%
Long-term Liabilities8.8 B $35%

Key Figures

YoY change

Total Assets25.1 B $-0.1%

Total Liabilities14.3 B $-3.1%

Total Equity10.8 B $+4.4%

Cash & ST Investments2 B $+11.0%

Total Debt8.1 B $-5.7%

Net Debt6.1 B $-10.2%

Peer Comparison· Oil & Gas Equipment & Services

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
HAL	2.08	74.7%	1.48	43.1%
SBMO	1.44	207.8%	4.36	24.3%
WOR	1.02	47.2%	1.95	49.3%
SUBC	1.10	—	—	53.6%
PSI	2.11	5.8%	-0.34	81.2%
MATR	1.74	74.7%	4.10	46.7%
Industry median	1.92	44.3%	1.05	48.0%

Company	Current Ratio	Debt/Equity	NetDebt/EBITDA	Equity/Assets
HAL	2.08	74.7%	1.48	43.1%
FTI	1.13	38.8%	0.18	33.3%
BKR	2.13	83.7%	0.27	37.9%
SLB	1.34	44.3%	1.12	48.0%
NOV	2.47	37.7%	1.36	55.7%
AROC	1.41	157.4%	2.72	34.6%
Industry median	1.92	44.3%	1.05	48.0%

Cash Flow Statement

Quarterly progression — trailing-twelve-month values

Operating Cash FlowCapital ExpendituresFree Cash Flow

Cash Flow Bridge

Q1 2026 · TTM

Key Figures

YoY change

Operating Cash Flow2.8 B $-24.8%

Capital Expenditures1.1 B $-19.1%

Free Cash Flow1.7 B $-28.3%

Dividends Paid-574 M $-196.3%

Peer Comparison· Oil & Gas Equipment & Services

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
HAL	12.7%	7.6%	5.2%	183.2%
SBMO	16.9%	16.3%	0.5%	108.0%
WOR	5.4%	4.7%	0.7%	175.7%
SUBC	32.0%	19.3%	6.4%	477.3%
PSI	24.2%	11.8%	12.4%	213.7%
MATR	6.7%	2.9%	3.8%	6,998.6%
Industry median	13.2%	7.9%	5.8%	183.2%

Company	CF Margin	FCF Margin	CapEx Ratio	CF/Net Income
HAL	12.7%	7.6%	5.2%	183.2%
FTI	16.3%	13.2%	3.1%	152.9%
BKR	12.9%	8.2%	4.7%	115.6%
SLB	17.6%	13.0%	4.6%	191.1%
NOV	12.5%	8.4%	4.1%	1,184.8%
AROC	45.7%	16.1%	29.5%	212.9%
Industry median	13.2%	7.9%	5.8%	183.2%

Amounts are in the company’s reporting currency. Peer comparison tables use ratio-based metrics so currency differences do not distort the picture.

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Data on this page refreshes once per day. Price data as of Jul 2, 26. This content is for informational purposes only and is not investment advice.