Halliburton Company (HAL)

Net profit margin

		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	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	2,501,000	2,547,000	2,692,000	2,593,000	2,638,000	2,633,000	2,461,000	1,960,000	1,572,000	1,740,000	1,432,000	1,550,000	1,457,000	398,000	145,000	-1,758,000	-2,945,000	-4,363,000	-4,051,000	-2,300,000
Revenue (ttm)	US$ in thousands	22,947,000	23,075,000	23,182,000	23,147,000	23,020,000	22,864,000	22,417,000	21,693,000	20,258,000	18,954,000	17,457,000	16,090,000	15,299,000	14,259,000	13,374,000	12,863,000	14,281,000	16,232,000	18,808,000	21,542,000
Net profit margin		10.90%	11.04%	11.61%	11.20%	11.46%	11.52%	10.98%	9.04%	7.76%	9.18%	8.20%	9.63%	9.52%	2.79%	1.08%	-13.67%	-20.62%	-26.88%	-21.54%	-10.68%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,501,000K ÷ $22,947,000K
= 10.90%

Halliburton Company's net profit margin has shown a significant improvement over the period from March 31, 2020, to December 31, 2024. The company experienced negative net profit margins in the early quarters of 2020, with margins ranging from -10.68% to -26.88%. However, there was a turnaround in the performance starting from the second quarter of 2021, with the net profit margin turning positive and steadily increasing.

From June 30, 2021, to December 31, 2024, Halliburton Company's net profit margin consistently improved, ranging from 8.20% to 11.61%. This upward trend indicates that the company has been effectively managing its costs and expenses relative to its revenue, resulting in a higher proportion of sales translating into profits.

The consecutive increase in net profit margin over multiple quarters suggests improved operational efficiency, cost control measures, and potentially higher revenue generation. Investors and stakeholders may view this positive trend as a sign of financial stability and effective management of resources within the company.

Overall, the steady improvement in Halliburton Company's net profit margin reflects a positive trajectory in the company's profitability and financial performance over the analyzed period.