Halliburton vs Slb Limited/nv (HAL vs SLB)
Side by side from their SEC filings: revenue, margins, growth, returns and valuation, plus short interest, insider activity and institutional ownership.
Slb Limited/nv is the larger company by revenue ($35.7B vs $22.2B) and market value ($70.8B vs $28.7B). Slb Limited/nv has grown revenue faster over the last 4 fiscal years (+55.7% cumulative vs +45.0%). Halliburton trades at the lower trailing P/E (19.0x vs 20.9x).
About Halliburton
Halliburton Company provides products and services to the energy industry worldwide. It operates through two main segments: Completion and Production, which offers cementing, stimulation, specialty chemicals, artificial lift, and well intervention services; and Drilling and Evaluation, which provides drilling fluids, drill bits, well construction, reservoir evaluation, and digital solutions. Halliburton serves major, national, and independent oil and natural gas producers in over 70 countries.
About Slb Limited/nv
SLB Limited is a global technology company that provides products and services for the energy industry, focusing on energy innovation and the energy transition. It operates through four main divisions: Digital, Reservoir Performance, Well Construction, and Production Systems, offering digital solutions, reservoir evaluation and stimulation, well design and drilling services, and production equipment and technologies. SLB serves oil and gas operators, drilling contractors, and other energy sector customers worldwide.
Head to head (HAL FY2025 vs SLB FY2025)
| Metric | HALFY2025 | SLBFY2025 |
|---|---|---|
| Revenue | $22.18B | $35.71B |
| Revenue growth (YoY) | -3.3% | -1.6% |
| Gross margin | — | — |
| Operating margin | 10.2% | — |
| Net margin | 5.8% | 9.4% |
| Net income | $1.28B | $3.37B |
| Diluted EPS | — | $2.35 |
| FCF margin | 7.5% | 13.4% |
| ROE | 12.2% | 12.4% |
| Debt / equity | 0.7× | 0.4× |
| Market cap | $28.73B | $70.81B |
| P/E (TTM) | 19.0× | 20.9× |
Fundamentals are from each company’s SEC filings (HAL FY2025, SLB FY2025). P/E and market cap are derived from recent market prices and update daily.
Five-year trend (as reported)
| Revenue | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|
| HAL | $15.29B | $20.30B | $23.02B | $22.94B | $22.18B |
| SLB | $22.93B | $28.09B | $33.13B | $36.29B | $35.71B |
Peer standing
Where each company ranks among the 125 Energy companies, on the same scale. Each figure is ranked only against peers that report it. Percentiles describe position in the distribution, not a rating.
| Metric | HAL | SLB |
|---|---|---|
| Net margin | 5.8%52nd percentile of 120 | 9.4%60th percentile of 120 |
| FCF margin | 7.5%60th percentile of 69 | 13.4%79th percentile of 69 |
| Revenue growth (YoY) | -3.3%38th percentile of 122 | -1.6%43rd percentile of 122 |
| ROE | 12.2%70th percentile of 100 | 12.4%71st percentile of 100 |
| P/E (TTM) | 19.0×51st percentile of 85 | 20.9×57th percentile of 85 |
| Debt / equity | 0.68×71st percentile of 83 | 0.36×41st percentile of 83 |
| Short interest (days to cover) | 2.24d23rd percentile of 123 | 2.47d28th percentile of 123 |
Short interest
| FINRA settlement data | HAL | SLB |
|---|---|---|
| Shares sold short | 31.7M | 53.8M |
| Change vs prior settlement | -4.4% | +3.0% |
| Days to cover | 2.24 | 2.47 |
| As of settlement | 2026-06-30 | 2026-06-30 |
Source: FINRA Consolidated Short Interest. FINRA is the owner and source of the FINRA-supplied data; republishing or redistributing it is not permitted. Not presented as a percentage of float. No FINRA endorsement of this product is implied.
Insider activity (last 90 days)
| Form 4 open-market activity | HAL | SLB |
|---|---|---|
| Buys | 0 | 0 |
| Sells | 7 ($10.6M) | 5 ($5.9M) |
Open-market purchases and sales reported on SEC Form 4 (grants, exercises and tax withholding excluded). For context, about 16% of covered companies saw any open-market insider buy in a 90-day window.
Held by the same investors
8 tracked 13F managers hold both Halliburton and Slb Limited/nv as of their latest quarterly filings: AQR Capital Management, Bridgewater Associates, Citadel Advisors, D. E. Shaw, Dodge & Cox, Gotham Asset Management, Millennium Management, Two Sigma Investments. See which superinvestors hold your own portfolio with the smart money checker.
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Data sourced from SEC EDGAR (public domain). Figures are as-reported and may be unaudited or restated; verify against the source filings before relying on them. Comparisons are descriptive (higher or lower on a reported figure), not a rating or a recommendation. Informational only. Not investment advice.