Halliburton Company (HAL)
Working capital turnover
| Dec 31, 2025 | Sep 30, 2025 | Jun 30, 2025 | Mar 31, 2025 | Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (ttm) | US$ in thousands | 22,184,000 | 22,137,000 | 22,234,000 | 22,557,000 | 22,944,000 | 23,073,000 | 23,180,000 | 23,145,000 | 23,018,000 | 22,861,000 | 22,414,000 | 21,690,000 | 20,297,000 | 18,992,000 | 17,495,000 | 16,128,000 | 15,295,000 | 14,255,000 | 13,370,000 | 12,859,000 |
| Total current assets | US$ in thousands | 11,398,000 | 11,638,000 | 11,671,000 | 11,529,000 | 12,382,000 | 12,043,000 | 11,878,000 | 11,423,000 | 11,543,000 | 11,600,000 | 11,443,000 | 11,245,000 | 10,952,000 | 10,411,000 | 10,262,000 | 9,717,000 | 9,943,000 | 9,431,000 | 9,927,000 | 9,520,000 |
| Total current liabilities | US$ in thousands | 5,588,000 | 5,954,000 | 5,844,000 | 5,823,000 | 6,050,000 | 5,460,000 | 5,576,000 | 5,379,000 | 5,608,000 | 5,419,000 | 5,346,000 | 5,266,000 | 5,345,000 | 4,968,000 | 4,766,000 | 4,444,000 | 4,306,000 | 3,946,000 | 4,334,000 | 4,225,000 |
| Working capital turnover | 3.82 | 3.89 | 3.82 | 3.95 | 3.62 | 3.50 | 3.68 | 3.83 | 3.88 | 3.70 | 3.68 | 3.63 | 3.62 | 3.49 | 3.18 | 3.06 | 2.71 | 2.60 | 2.39 | 2.43 |
December 31, 2025 calculation
Working capital turnover = Revenue (ttm) ÷ (Total current assets – Total current liabilities)
= $22,184,000K ÷ ($11,398,000K – $5,588,000K)
= 3.82
Peer comparison
Dec 31, 2025
Company name
Symbol
Working capital turnover
Halliburton Company
HAL
3.82
Baker Hughes Co
BKR
5.60
Liberty Oilfield Services Inc
LBRT
18.01
Schlumberger NV
SLB
7.45
TechnipFMC PLC
FTI
17.85
See also:
Halliburton Company Working Capital Turnover (Quarterly Data)