HAL (Halliburton Co) Net Income: $1,540 Mil (TTM As of Mar. 2026)

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HAL Halliburton Co HAL
73 GF Score
Price $35.42
GF Value $33.40
Valuation Fairly Valued
! 2 Warning Signs
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What is Halliburton Co Net Income?

Halliburton Co HAL +0.60% 73 Net Income is $1,540 Mil as of Mar. 2026. GuruFocus rates HAL with a GF Score™ of 73/100 and a GF Value™ of $33.40 (Fairly Valued). The stock has 2 warning signs investors should review.

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Halliburton Co's Net Income for the three months ended in Mar. 2026 was $461 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2026 was $1,540 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Halliburton Co's Earnings per Share (Diluted) for the three months ended in Mar. 2026 was $0.55.


Halliburton Co  (NYSE:HAL) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Halliburton Co's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Halliburton Co Net Income Related Terms


Halliburton Co Net Income Historical Data

* Premium members only.

The historical data trend for Halliburton Co's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Halliburton Co Net Income Chart

Halliburton Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,457.00 1,572.00 2,638.00 2,501.00 1,283.00

Halliburton Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 204.00 472.00 18.00 589.00 461.00
HAL
73GF Score
Halliburton Co HAL
Net Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Halliburton Co Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Halliburton Co's Net Income for the fiscal year that ended in Dec. 2025 is calculated as

Net Income(A: Dec. 2025 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=1771+-479+0+-9
=1,283

Halliburton Co's Net Income for the quarter that ended in Mar. 2026 is calculated as

Net Income(Q: Mar. 2026 )
= Pre-Tax Income + Tax Provision + Net Income (Discontinued Operations) + Others
=569+-105+0+-3
=461

Net Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,540 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Income →
What does a Net Income of $1,540 Mil mean?
Halliburton Co (HAL) has a Net Income of $1,540 Mil as of Mar. 2026. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Halliburton Co and its competitors.
Is Halliburton Co's Net Income too high?
Halliburton Co's current Net Income is $1,540 Mil. Overall, Halliburton Co has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Halliburton Co's Net Income compare to FTI and KGS?
Halliburton Co's Net Income of $1,540 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Income for an Oil & Gas company?
A good Net Income depends on the Oil & Gas industry context. However, Net Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Income mean?
A high Net Income can signal that a stock is expensive relative to its fundamentals. Net Income is the total earnings after all operating expenses, interest and taxes. View historical data on Halliburton Co and its competitors. Halliburton Co's current Net Income is $1,540 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Halliburton Co stock overvalued right now?
Based on GuruFocus' analysis, Halliburton Co (HAL) is currently considered Fairly Valued. The stock's GF Value™ is $33.40, compared to a current price of $35.42 — trading 6% above its estimated fair value. The current Net Income is $1,540 Mil. Halliburton Co's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Income calculated?
Net Income is calculated from a company's financial statements. For Halliburton Co (HAL), the current Net Income is $1,540 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Halliburton Co (HAL) Overvalued in 2026?

Based on GuruFocus' analysis, Halliburton Co stock appears to be overvalued. The current stock price of $35.42 is trading 6% above its estimated GF Value™ of $33.40. GuruFocus considers Halliburton Co to be Fairly Valued.

Key valuation signals for HAL:

  • Net Income: $1,540 Mil
  • GF Value™: $33.40 vs. price of $35.42 (6% above fair value)
  • GF Score™: 73/100 with 2 warning signs

No single metric tells the full story. See the HAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Halliburton Co Business Description

Industry EnergyOil & Gas
Address 3000 North Sam Houston Parkway East, Houston, TX, USA, 77032
Halliburton is North America's largest oilfield-services company as measured by market share. Despite industry fragmentation, it holds a leading position in the hydraulic fracturing and completions market, which makes up nearly half of its revenue. It also holds strong positions in other service offerings like drilling and completions fluids, which leverages its expertise in material science, as well as the directional drilling market. While we consider SLB the global leader in reservoir evaluation, we think Halliburton leads in any activity from the reservoir to the wellbore. Halliburton's innovations have helped multiple producers lower their development costs per barrel of oil equivalent, with techniques that have been honed over a century of operations.
73GF Score

Get the complete analysis for HAL

Net Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$35.42
Price
$33.40
GF Value