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SLB Limited vs Halliburton: SLB and HAL compared

SLB Limited is the larger company: $9.4B of revenue in its latest quarter (Q3 2026) against $5.7B for Halliburton (Q3 2026). SLB Limited is growing faster (+6% against +2% a year earlier). Halliburton is more profitable, with an operating margin of 10.9% against 10.8%.

SLB Limited vs Halliburton, latest quarterSLB Limited vs Halliburton, latest quarterSLB Limited (SLB)Halliburton (HAL)Revenue$9.4B$5.7BRevenue growth, Y/Y+6%+2%Operating margin10.8%10.9%Net margin7.8%7.3%Free cash flow$1.0B$102M

Where the money goes: SLB and HAL

SLB Limited (SLB) · Q3 2026

SLB Limited, Q3 2026: revenue $9.4B (+6% year over year), operating margin 10.8%, net earnings $735M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.

Halliburton (HAL) · Q3 2026

Halliburton, Q3 2026: revenue $5.7B (+2% year over year), operating margin 10.9%, net earnings $419M, operating cash flow $368M. The chart follows the revenue to costs, profit and cash.

SLB Limited revenue by segment, Q3 2026SLB Limited revenue by segment, Q3 2026Service$5.1BProduct$4.4B
Halliburton revenue by segment, Q3 2026Halliburton revenue by segment, Q3 2026Services$4.1BProduct sales$1.6B
SLB Limited (SLB)Halliburton (HAL)
Latest quarterQ3 2026Q3 2026
Revenue$9.4B$5.7B
Revenue growth, Y/Y+6%+2%
Operating margin10.8%10.9%
Net earnings$735M$419M
Net margin7.8%7.3%
Operating cash flow$1.5B$368M
Free cash flow$1.0B$102M
Market value$74.3B$26.6B
P/E24.3×13.3×
Analysts’ mean target$62.24$43.64

Where the revenue comes from

SLB Limited

Halliburton

Questions

Which is bigger, SLB Limited or Halliburton?

SLB Limited is the larger company: $9.4B of revenue in its latest quarter (Q3 2026) against $5.7B for Halliburton (Q3 2026).

Is SLB Limited or Halliburton growing faster?

SLB Limited is growing faster (+6% against +2% a year earlier).

Which is more profitable, SLB Limited or Halliburton?

Halliburton is more profitable, with an operating margin of 10.9% against 10.8%.

More: SLB Limited earnings · how SLB Limited makes money · Halliburton earnings · how Halliburton makes money

From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 10-Q filed Oct 23, 2026). Fiscal quarters can end on different dates. Not investment advice.