Halliburton Company (HAL)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 3,339,000 | 3,343,000 | 3,135,000 | 2,581,000 | 2,087,000 | 1,669,000 | 1,281,000 | 1,350,000 | 1,241,000 | 578,000 | 267,000 | -2,103,000 | -3,223,000 | -4,811,000 | -4,441,000 | -2,214,000 | -1,124,000 | 1,070,000 | 1,234,000 | 1,721,000 |
| 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 |
| Pretax margin | 14.50% | 14.62% | 13.98% | 11.90% | 10.30% | 8.81% | 7.34% | 8.39% | 8.11% | 4.05% | 2.00% | -16.35% | -22.57% | -29.64% | -23.61% | -10.28% | -5.02% | 4.62% | 5.19% | 7.17% |
December 31, 2023 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $3,339,000K ÷ $23,020,000K
= 14.50%
The pretax margin of Halliburton Co. has shown a generally increasing trend over the past eight quarters. From Q1 2022 to Q4 2023, the pretax margin has increased by 4.21 percentage points, indicating improved profitability before accounting for taxes. The highest pretax margin was recorded in Q4 2023 at 14.61%, reflecting effective cost management and revenue generation strategies. This positive trend suggests the company's ability to generate more profit from its operations, potentially enhancing shareholder value. However, it is important to continue monitoring this metric to ensure sustained profitability and efficiency in the company's operations.
Peer comparison
Dec 31, 2023