Halliburton Company (HAL) Revenue History
Annual and quarterly revenue from 2014 to 2025
Compound Annual Growth Rate (CAGR)
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HAL Revenue Growth
Revenue Breakdown (FY 2025)
HAL's revenue distribution by segment and geography for fiscal year 2025
By Product/Segment
By Geography
HAL Revenue Analysis (2014–2025)
As of May 8, 2026, Halliburton Company (HAL) generated trailing twelve-month (TTM) revenue of $22.17 billion, reflecting slight decline in growth of -0.3% year-over-year. The most recent quarter (Q1 2026) recorded $5.40 billion in revenue, down 4.5% sequentially.
Looking at the longer-term picture, HAL's 5-year compound annual growth rate (CAGR) stands at +9.0%, indicating steady revenue expansion. The company achieved its highest annual revenue of $32.87 billion in 2014.
Revenue diversification analysis shows HAL's business is primarily driven by Completion And Production (58%), and Drilling And Evaluation (42%). With over half of revenue concentrated in Completion And Production, the company maintains significant focus in this area while developing other growth vectors.
When compared to Energy sector peers including SLB (-1.6% YoY), BKR (+0.2% YoY), and WFRD (-8.8% YoY), HAL has underperformed the peer group in terms of revenue growth. Compare HAL vs SLB →
HAL Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
| HALCurrent | $22.2B | -0.3% | +9.0% | 10.2% | |
 SLB | $35.7B | -1.6% | +8.6% | 15.3% | |
 BKR | $27.7B | +0.2% | +6.0% | 12.8% | |
 WFRD | $4.9B | -8.8% | +5.9% | 15.4% | |
 RES | $1.6B | +15.0% | +22.1% | 3.5% | |
 NCSM | $185M | +6.5% | +11.5% | 6.4% |
HAL Historical Revenue Data (2014–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $22.18B | -3.3% | $3.48B | 15.7% | $2.26B | 10.2% |
| 2024 | $22.94B | -0.3% | $4.30B | 18.7% | $3.82B | 16.7% |
| 2023 | $23.02B | +13.4% | $4.36B | 18.9% | $4.08B | 17.7% |
| 2022 | $20.30B | +32.7% | $3.24B | 16.0% | $2.71B | 13.3% |
| 2021 | $15.29B | +5.9% | $2.02B | 13.2% | $1.80B | 11.8% |
| 2020 | $14.45B | -35.5% | $1.04B | 7.2% | $-2,436,000,000 | -16.9% |
| 2019 | $22.41B | -6.6% | $2.29B | 10.2% | $-448,000,000 | -2.0% |
| 2018 | $24.00B | +16.4% | $2.99B | 12.4% | $2.47B | 10.3% |
| 2017 | $20.62B | +29.8% | $2.28B | 11.0% | $1.37B | 6.7% |
| 2016 | $15.89B | -32.8% | $870.0M | 5.5% | $-6,770,000,000 | -42.6% |
Full HAL Stock Analysis
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Start ComparisonHAL — Frequently Asked Questions
Quick answers to the most common questions about buying HAL stock.
Is HAL's revenue growth accelerating or slowing?
HAL revenue growth slowed to -0.3%, below the 5-year CAGR of +9.0%. TTM revenue is $22.2B. The deceleration marks a shift from historical growth rates.
What is HAL's long-term revenue growth rate?
Halliburton Company's 5-year revenue CAGR of +9.0% reflects the variable expansion pattern. Current YoY growth of -0.3% is near this long-term average.
How is HAL's revenue distributed by segment?
HAL reports revenue by product line and geographic region. Annual and quarterly breakdowns from 2014-2025 are available for download. Segment mix reveals concentration and diversification trends.