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Halliburton Co (XSGO:HAL) 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

Address
3000 North Sam Houston Parkway East, Houston, TX, USA, 77032
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.