Halliburton Company (HAL)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 2,501,000 | 2,638,000 | 1,572,000 | 1,457,000 | -2,945,000 |
| Revenue | US$ in thousands | 22,947,000 | 23,020,000 | 20,258,000 | 15,299,000 | 14,281,000 |
| Net profit margin | 10.90% | 11.46% | 7.76% | 9.52% | -20.62% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $2,501,000K ÷ $22,947,000K
= 10.90%
The net profit margin of Halliburton Company has shown fluctuations over the past five years. In December 2020, the net profit margin was -20.62%, indicating that the company experienced a loss relative to its revenue. However, there was a significant turnaround in the following years, with the net profit margin improving to 9.52% in December 2021, 7.76% in December 2022, and further increasing to 11.46% in December 2023. In December 2024, the net profit margin remained strong at 10.90%.
Overall, the positive trend in the net profit margin from 2020 to 2024 suggests that Halliburton Company has been able to effectively manage its expenses and generate higher profits relative to its revenue. This improvement indicates better operational efficiency and profitability for the company during this period.
Peer comparison
Dec 31, 2024