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HAL (Halliburton Co) Tax Rate % : 22.57% (As of Dec. 2024)


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What is Halliburton Co Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Halliburton Co's Tax Expense for the three months ended in Dec. 2024 was $179 Mil. Halliburton Co's Pre-Tax Income for the three months ended in Dec. 2024 was $793 Mil. Therefore, Halliburton Co's Tax Rate % for the quarter that ended in Dec. 2024 was 22.57%.

Halliburton Co Tax Rate % Historical Data

The historical data trend for Halliburton Co's Tax Rate % 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.

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Halliburton Co Tax Rate % Chart

Halliburton Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.63 -17.25 24.41 20.84 22.20

Halliburton Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Tax Rate % 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 20.12 22.62 22.50 20.98 22.57

Halliburton Co Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Halliburton Co's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=718/3234
=22.20 %

Halliburton Co's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=179/793
=22.57 %

* 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 Tax Rate % Related Terms

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Halliburton Co Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Halliburton Co (NYSE:HAL) » Definitions » Tax Rate %
Comparable Companies
FTI NOV CHX WFRD AROC WHD KGS USAC VAL LBRT SLB BKR MIL:TEN SHSE:601808 SGX:5E2 XPAR:GTT SHSE:600968 SZSE:002353 XPAR:TE OSL:SUBC
Traded in Other Exchanges
HAL:Mexico 1HAL:Italy HALd:UK 0R23:UK HAL:Germany HAL:Germany HAL:Germany HAL:Germany HAL:Chile HALI34:Brazil HAL:Austria
Address
3000 North Sam Houston Parkway East, Houston, TX, USA, 77032
Website
https://www.halliburton.com
Halliburton Co is North America's largest oilfield service 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. The firm's innovations have helped multiple producers lower their development costs per barrel of oil equivalent, with techniques that have been homed in over a century of operations.
Executives
Eric Carre officer: EVP, Global Business Lines 3000 N. SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Timothy Mckeon officer: Vice Pres and Treasurer 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Margaret Katherine Banks director 125 SPENCE STREET, SUITE 500, ZACHRY ENGINEERING EDUCATION COMPLEX, COLLEGE STATION TX 77843
Van H. Beckwith officer: EVP, Secretary and CLO 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Jill D. Sharp officer: SVP Internal Assurance Svcs. 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Charles Jr. Geer officer: VP and Corporate Controller 3000 N. SAM HOUSTON PARKWAY EAST, PLAZA 2-6211, HOUSTON TX 77032
Jeffrey Shannon Slocum officer: President - Eastern Hemisphere 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Myrtle L Jones officer: Senior Vice Pres - Tax 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Jeffrey Allen Miller officer: Exec VP & COO 3000 N. SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Maurice S Smith director 353 N. CLARK STREET, SUITE 3300, CHICAGO IL 60654
Janet L Weiss director 3000 N SAM HOUSTON PKWY E, HOUSTON TX 77032
Lawrence J Pope officer: Vice Pres, HR and Admin 3000 NORTH SAM HOUSTON PARKWAY E., HOUSTON TX 77032
Joe D Rainey officer: Pres., Eastern Hemisphere EMIRATES TOWER, 13TH FLOOR, SHEIKH ZAYED ROAD, DUBAI C0 00000
Lance Loeffler officer: Chief Financial Officer 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032
Mark Richard officer: President - Western Hemisphere 3000 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032