Halliburton Company (HAL)
Net profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | -1,131,000 | 1,186,000 | 1,326,000 | 1,762,000 |
| Revenue (ttm) | US$ in thousands | 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 | 22,410,000 | 23,154,000 | 23,775,000 | 23,992,000 |
| Net profit margin | 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% | -5.05% | 5.12% | 5.58% | 7.34% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $2,638,000K ÷ $23,020,000K
= 11.46%
The net profit margin of Halliburton Co. has shown fluctuations over the past eight quarters, ranging from 7.74% to 11.52%. In the most recent quarter, Q4 2023, the net profit margin was 11.46%, indicating a healthy profitability level. However, it is essential to note that the trends in the net profit margin have varied, with a general upward trajectory from Q1 2022 to Q3 2023, albeit with some minor fluctuations in between. Overall, the company has demonstrated a consistent ability to generate profit relative to its revenue, but careful monitoring is advisable to assess any ongoing or emerging factors impacting profitability.
Peer comparison
Dec 31, 2023