Company / R&D Expense
Halliburton R&D Expense History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$411.0M
FY2025
5-year range
$321.0M / $426.0M
FY2021-FY2025
Trend
-3.5%
vs FY2024
Sector context
#5 of 13
Energy
What the data says
At $411M, Halliburton's r&d expense ranks #5 of 13 in the Energy sector. R&D Expense has fluctuated over the past 10 years, ranging from $309M in FY2020 to $426M in FY2024.
Based on SEC 10-K filings.
$411M in FY2025 with a 5-year CAGR of +5.9%.
Remained stable around $411M over the past 2 years.
Energy sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +6.0%
- 5-Year CAGR
- +5.9%
- 10-Year CAGR
- -
Sector benchmark
#5 of 13 in EnergyTop 38% of 13This company $411.0M Sector average $286.9M
▼
+43.3% above sector average
Key checks
Key Insights
- 5-year CAGR of +5.9%, indicating consistent growth.
- In FY2025, r&d expense decreased 3.5% year-over-year.
- Ranks #5 out of 13 companies in the Energy sector.
- Peak r&d expense was recorded in FY2024.
Company context
Key Data Points
- Altman Z-Score 0.75 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $411.0M | -3.5% |
| FY2024 | $426.0M | +4.4% |
| FY2023 | $408.0M | +18.3% |
| FY2022 | $345.0M | +7.5% |
| FY2021 | $321.0M | +3.9% |
| FY2020 | $309.0M | -23.5% |
| FY2019 | $404.0M | +3.6% |
| FY2018 | $390.0M | +8.3% |
| FY2017 | $360.0M | +9.4% |
| FY2016 | $329.0M | -44.0% |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026